LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. How To Determine Freight Class: Density Calculator & Printable Resource. Freight LTL

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.

The Freight Costs of Trump’s China Tariffs

Freightos

The past year has also seen transpacific freight prices, air and ocean, hit hard, with some interesting, expensive dynamics emerging. Source: China Briefing. Source: US Census Bureau. Until now, one of the biggest unmentioned impacts on importers has been freight costs.

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Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. One area that can quickly yield benefits is in parcel shipping.

Removing the 3 Barriers to Building a Predictive Supply Chain

Growing Challenges Shippers, carriers, terminal operators, freight forwarders and 3PLs spend millions of dollars and. The total cost to the shipping. An analog approach in a digital world: While the shipping industry has. Sourcing it from third-party sources is interesting and.

Local Sourcing, Global Supply Chain

BluJay Solutions

Yet the company is at pains to make it clear this is part of a global operations strategy, with devices continuing to be assembled in China and Brazil and components presumably continuing to be sourced from emerging markets based on cost and quality.

LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. In a Nutshell The shipping surge will continue.

How to Reduce Product Damage During Shipping

Cerasis

If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common. Many shipping companies will stack pallets on top of one another to maximize their load, so you need to know this important piece of logistical information as well. . When you ship a product , your goal is simple: make sure it gets there in good condition. Freigh

Freight Rates News October 2015

Freightos

Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. And as freight innovators ourselves, we love seeing more innovation. Freight index jitters.

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. State-of-the-art transportation management systems (TMS) certainly help with planning and execution, but advanced freight audit and payment processes are also vital toward obtaining complete process management results.

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End to End Supply Chain Visibility - Solving The Data Problem

simply seeing information in one place, aggregating data from multiple sources. to pay attention to, whether to ship via air. when booking freight, and how to staff. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the.

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. Source: SGX, Freightos Baltic Index.

Freight Rate News November 2015

Freightos

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? If you prefer to find the news yourself, head over to our free roundup of nearly 100 digital logistics and supply chain news sources. Sustainable shipping!

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

COP21 – Freight and Climate Change

Freightos

COP21, the Paris Climate change conference taking place this week got us thinking what the carbon cost was for shipping the TV. A quick check showed that shipping the TV from Taiwan to Nashville (ocean & trucking) led to about 6.7 Click the button on the right to see our sources.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door.

6 Benefits of Transportation Consolidation Programs & How They Reduce Freight Spend

Cerasis

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. However, freight rates are continuing to increase , yet the end users continue to demand lower shipping rates.

Freight Rates News December 2015

Freightos

Freight Rates News. Freight and logistics trends that rate in the news. Check out our roundup of nearly 100 digital logistics/supply chain sources. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight.

Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S.

What the Chinese Shipping Merger Tells Us About the Future of Freight

Elementum

The merger between two Chinese freight shippers points to a lack of transparency and efficiency in the freight industry. What do I need to know about China’s shipping merger? Two Chinese shipping companies, Cosco and CSCL, are merging to form one alliance. The companies, who represent the 6th and 7th largest shippers in the world respectively, will become the 4th largest freight mover once the two have combined. Why is there such low demand for shipping?

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The Wisdom of the Crowd (Sourcing) Doesn’t Apply to Commercial Shipping

Supply Chain Collaborator

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Tucker nails this important distinction in this passage, “ Freight isn’t people.

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. A sourcing agency will typically do one of the following roles: A.

Is Freight Digitalization Still An Existential Threat?

Freightos

In their latest Global Freight Forwarding report , Ti assessed whether digital platforms, digital forwarders, and freight marketplaces were existential threats to traditional forwarders. Freight Marketplaces: Threat Or Opportunity? SOURCE: FREIGHTOS MARKETPLACE.

Blockchain: A Single, Immutable, Serialized Source of Truth

Material Handling & Logistics

Acquire the source materials: add a block. And so on, from source to end-customer receipt. Always Available: A Shared, Distributed “Source of Truth”. No source vendor means there is no need for a recurring contract or service provider relationship.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. How will blockchain impact freight forwarding?

Cutting out the Middle Man: Presenting “Shipping With Amazon”!

Supply Chain Game Changer

In February, 2018 it was reported that Amazon was going to launch its own delivery service: Shipping With Amazon! Still Amazon can now act as its own shipping agent. The Advantages of Shipping With Amazon. Shipping With Amazon is a strategy that should not be surprising.

Freight Consolidation for Full Truckload: The Hidden Gem of Full Truckload Shipping

Cerasis

Full truckload shipping is generally less expensive than other over the road transportation modes. Instead of throwing in the towel, shippers can leverage full truckload shipping to ship LTL shipments in the back of a full-size van or trailer. Unfortunately, the surrounding LTL shipping has resulted in an unusual problem; shippers are turning to LTL-exclusive shipments, which can significantly drive up freight spend. Freight Full Truckload

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. Price quotes are just as important as the shipping process.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. Price quotes are just as important as the shipping process.

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating.

Do you have a Freight Management Strategy or are you Spinning your Wheels?

Supply Chain Game Changer

In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend. But I’ve seen instances where Freight is one of the top 5 largest expenses within a company. Aside from the cost impact the service implications of a poor Freight management system are enormous.

[WHITE PAPER] The Wonderful World of Managing Parcel Shipping Spend

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Wonderful World of Managing Parcel Shipping Spend” white paper! This is a must read for those who want to reduce costs in parcel shipping and increase overall proficiency in parcel shipping spend management! Managing parcel shipping spend in the 21st century is exceedingly complex. What is in the Parcel Shipping Spend Management White Paper?

Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

And we were still weeks away from being able to ship product to stores to relieve the pressure. You may also be able to have your Suppliers drop ship products directly to your customers. And if necessary you may want to dual source some of your supply with more than one supplier.

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. LTL ltl freight

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

Why You Should Consider Freight Procurement Sourcing Solution. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. First, for shipping companies and third-party logistics (3PL) providers, automation provides an opportunity to develop a strategy for each carrier type, mode, capacity and service. The Challenges of Freight.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.