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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Unloading of local freight and de-stuffing and palletising of international freight.

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How Collaborative Transportation Management Provides Access to More Freight Capacity

Turvo

Fortunately, shippers, carriers, brokers, and third-party logistics providers (3PLs) that take the time to consider how collaborative transportation management can benefit operations have an opportunity to increase efficiency and available transportation capacity.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

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. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? But what activities are thus considered to be a part of Freight Management?

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

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 . It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs.

Find the Money – How a Transportation Spend Diagram Can Help

Talking Logistics

Transportation professionals should be trained to “find the money.” That is, when conducting a strategic assessment or solution design within a transportation operation, transportation professionals should look for ways to create cost reductions while improving (or without negatively impacting) service levels. A strategic assessment or solution design is an exercise that helps define the current state of a transportation operation.

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. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

How Does Transportation Affect Logistics?

Abivin

Transportation is an inseparable component of logistics. While the sights of trucks and trains carrying products of a company or parked at a business facility are common, few people understand how much the economy depends on economic and reliable transport. Image Source) 1. What is transportation? Transportation is one of the largest industries in the world. Transportation is a key element in the logistic chain. Image Source) 2.

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management?

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Read on to learn more about the best strategies to control and reduce your warehouse fulfillment costs. 1) Warehousing space and inventory control. Warehouse Efficiency

7 Freight Costs Considerations That Will Have Shippers Rethinking In-House Transportation Management

Cerasis

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge. Here are just some of the typical issues that businesses encounter in undertaking self-management of freight transportation management.

4 Challenges in Global Transportation Management

3rdwave

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. However, where transportation management traditionally focused on the basics of moving “boxes” or “packages”, today it is much more strategic. Transportation information is foundational to managing any global supply chain.

Five Main Stakeholders Involved In Transportation Decision

Abivin

There are five main stakeholders involved in the transportation decisions: the shipper, the receiver, carriers and agents, the government and the consumer. To understand the complexity of the transportation environment, it is helpful to be aware of the role and perspective for each party 1. The shipper (consignor) All transportation process begins with a company transferring its goods from a warehouse to another place such as distributors , customers or even another warehouse.

Blockchain is Coming to Transportation – Here’s How

Talking Logistics

The transportation industry has long discussed blockchain with a healthy dose of skepticism or has taken a wait-and-see approach to its adoption. A modern, multi-modal Tier 1 TMS can now take data from all sources, cleanse it and use it. Even though most have little-to-no IT support or technology, they dominate a mode of transportation that can’t be ignored. The framework for creating a truly viable transportation visibility blockchain network is within our grasp.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. Freight rates are on the rise, and there are signs that the shortage are unlikely to abate. It removes age restrictions on interstate transportation by licensed commercial drivers and strengthens safety-training standards across the industry. Once we hire them, keeping them in the warehouse is a whole other issue!

DC 40

Overcome Foodservice Disruptions: Focus on Technology, Service Networks, and Transportation

CH Robinson Transportfolio

Understanding today’s transportation market. Transportation capacity, namely truckload, is highly fragmented. Accordingly, carriers are selective about freight. Overly complex or challenging freight needs are passed over in favor of simpler freight.

3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. The realities of today’s complex global marketplace make fulfilling sustainability objectives anything but simple as companies navigate fulfillment, transportation and logistics challenges.

How A Brewery Company Manages Contracted Transporters In Real-time

Abivin

As a big manufacturer, they follow a strict logistics process to manage transportation in real-time, which has been proven to improve efficiency and profit. In this article, we will take a deeper insight into how one leading brewery company can effectively manage all contracted transporters in real-time. Image Source 2. How the company manages all contracted transporters in real-time a. Image Source d.

Illustrating 5 Levels of Freight Visibility

Aborn and Co.

Illustrating 5 Levels of Freight Visibility . Steve Aborn, freight visibility expert, illustrates the five levels of freight visibility. Laptops and computers are the source of information and the way we spread files. That is all for freight visibility for today!

Five Main Stakeholders Involved In Transportation Decision

Abivin

There are five main stakeholders involved in the transportation decisions: the shipper, the receiver, carriers and agents, the government and the consumer. To understand the complexity of the transportation environment, it is helpful to be aware of the role and perspective for each party 1. The shipper (consignor) All transportation process begins with a company transferring its goods from a warehouse to another place such as distributors, customers or even another warehouse.

Near-Shoring Trend a Cause for Celebration and Concern for Logistics Service Providers (LSPs) & Air Carriers

BluJay Solutions

Positive growth in air freight volumes reported recently by IATA (4.5% Indeed for many IATA members whose operations largely center around air cargo, near-shoring is cause for concern, with manufacturing shifting closed to ‘home’ a risk to the sustainability of air freight volumes longer term. . Or is near-shoring in 2014 and beyond simply the latest evolution in sourcing practices? .

BRIC 65

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review.

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

Supply Chain Game Changer

And if necessary you may want to dual source some of your supply with more than one supplier. Having a Transportation Management System with electronic connectivity showing you where your goods are at any point in time gives you the ability to manage your product flow. Similarly an integrated Order Management System, Shop Floor Control System and Warehouse Management System are critical capabilities to provide you with that visibility. Subscribe Here! Email Address.

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

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. Basically, blockchain is a record-keeping mechanism which makes business easy and safe on the internet by increasing transparency and providing end-to-end visibility from order to warehousing to delivery to payment. How will blockchain impact freight forwarding? The post Blockchain in freight forwarding – Is it the next big thing?

Transport and Transportation: Do They Mean the Same Thing?

Logistics Bureau

What is Transportation? Well, I asked John Cole one of our transport experts, exactly that question, and a few others related to transport! How Would you Define “Transport” and Transportation? As an example, one location might be the place where you source raw materials or where you source goods from a manufacturing facility. Check out our Related Transportation Pages Below: Freight Consultants. Transport Expert Shares Secrets.

Rangel Invests In BluJay Software To Manage Air, Sea And Road Transport Operations

BluJay Solutions

SOURCE: Rangel Logistics Solutions. Technological platform is leader in logistics and transport software. 1 October 2020 – Rangel Logistics Solutions announced today the adoption of the BluJay Solutions technological platform to manage its air, sea and road transport operations. BluJay Solutions is a leader in software for logistics and transport operations as well as supply chain management, enabling to optimize the future of companies in an increasingly globalized economy.

Peak Season Resurgence to Test Pared-Down Global Supply Chain

BluJay Solutions

Of course, even the thought of peak season is usually enough to send shudders down the spines of freight forwarders, logistics services providers (LSPs), shippers and retailers alike. Whilst near-shore and onshore sourcing is a growing trend, most retailers are still reliant on suppliers in Asia to fulfill the bulk of their orders. Many LSPs simply do not have spare trucks and warehouses to cope with unscheduled arrivals at ports any more. Source: City A.M. .

Asia 60

Logistics in 2020: The Future of Road Freight

BluJay Solutions

In a recent white paper , Kewill has looked at the issues facing the global supply chain, and how it may look in 2020, including the future picture for road freight. Road freight represents a major part of most Logistics Services Providers’ (LSPs') strategies. By 2020, the price per barrel of oil will be on average about $150, with much higher peaks possible (source: International Energy Agency Oil Market Outlook 2011).

Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Today’s driver shortage is helping to drive transportation costs higher. Most notably, earlier this year when freight volumes hit records levels while at the same time, the number of available drivers fell by more than 50,000. Some sources recorded up to a 20 percent annual demand increase for large truckload carriers and fleets.