Shipsta

JANUARY 30, 2023

Changes are on the horizon – especially for freight procurement teams. 2023 might be when shippers finally shift from a reactive to a proactive approach to start managing the industry challenges. To do so, leveraging new future-proofed technologies becomes a matter of make or break.

Procurement 130

Procurement Freight Industry 130

Shipsta

JANUARY 30, 2023

Changes are on the horizon – especially for freight procurement teams. 2023 might be when shippers finally shift from a reactive to a proactive approach to start managing the industry challenges. To do so, leveraging new future-proofed technologies becomes a matter of make or break.

Procurement 246

Procurement Freight Industry 246

Shipsta

NOVEMBER 15, 2022

With spot rates below the long-term prices, declining port congestion and surplus cargo capacity, shippers are sitting in the driver’s seat position this tender season. Some companies have decided to postpone their tenders to keep playing with spot rates. But going to market without locked capacity for the sake of getting lower prices is a risk not all shippers are willing to take.

Capacity 246

Capacity Security Cargo Logistics 246

Shipsta

OCTOBER 14, 2022

From scarce and extremely pricey to balanced and more favorable , the freight market has changed drastically in recent months. The global drop in freight rates is a game changer for securing better prices. But is your strategy ready to make the most of the current market?

Price Reduction 246

Price Reduction Freight How To Security 246

Shipsta

NOVEMBER 18, 2020

It is well known that the COVID-19 pandemic has a devastating effect on the worldwide economy. Although the situation is not as dire as it was at the beginning of the outbreak, businesses have been struggling to survive or to perform up to expectations. The freight industry is no exception, although it has benefited from the fact that there is always a demand for transportation services.

Freight 130

Freight Industry Transportation 130

Shipsta

JANUARY 18, 2021

As different as supply chains can be, so very different are the measures for supply chain optimization. This article gives a brief overview of various goals and factors that are crucial for optimization.

Optimization 130

Optimization Supply Chains Article Industry 130

Shipsta

MARCH 4, 2021

Digitization in tender management is a concept that is becoming increasingly relevant to carriers and freight forwarders. By eliminating all the onerous and antiquated processes in tender management (such as spreadsheets with complex rate structures and hundreds of shipping lanes) and replacing them with digital technologies, carriers can benefit from massive efficiency gains and reallocate resources to higher-value tasks.

Digital 130

Digital Resource Reduction Freight forwarding Data 130

Shipsta

MARCH 15, 2021

Increased pressures and antiquated processes in freight tendering.

Freight 130

Freight Industry 130

Shipsta

APRIL 23, 2021

Digital freight procurement is the use of digital technologies to rapidly source, compare and analyse bids from carriers. By automating complex tasks and providing greater visibility of data, digital freight procurement helps businesses control freight cos ts and manage risk in their supply chain.

Procurement 130

Procurement Digital Supply Chain Software Freight 130

Shipsta

MAY 6, 2021

If you’re trying to figure out what’s happening with freight rates right now, you’re not alone. For the last year, we’ve all seen market predictions flipped on their head from one day to the next – and we’re still no closer to understanding what’s coming next.

Freight 130

Freight How To Industry 130

Shipsta

MAY 20, 2021

Freight forwarders spend around $20 billion on repositioning empty containers every year!

Freight forwarding 130

Freight forwarding Freight 130

Shipsta

MAY 27, 2021

Your own data is your best resource for improving your freight procurement strategy. It gives you the most accurate insights into which carriers offer you the best quotes and meet your business needs.

Optimal Sourcing 130

Optimal Sourcing Procurement Resource Reduction Data 130

Shipsta

JUNE 3, 2021

The logistics industry touches almost every part of the global economy. But it's the size and scope of logistics that makes it one of the slowest industries to implement new tech.

Industry 130

Industry Logistics Procurement Digital 130

Shipsta

JUNE 10, 2021

If you’re still relying on email and excel to request your spot freight, now’s the time to make the leap and go digital.

Procurement 130

Procurement Freight Eliminating Excel in Purchasing Digital 130

Shipsta

JUNE 17, 2021

It's easy to feel overwhelmed by the complexities of shipping goods because, well, it’s complicated. The globalisation of trade means you need to manage countless lanes, ports, destinations and regulations - which is no easy feat.

How To 130

How To Procurement Sourcing Digital 130

Shipsta

JUNE 24, 2021

Does it ever feel like as soon as one freight bottleneck crisis is over another immediately begins?

Freight 130

Freight 130

Shipsta

JULY 1, 2021

The pandemic put a massive spotlight on supply chain resilience.

Supply Chains 130

Supply Chains How To Digital Freight 130

Shipsta

JULY 15, 2021

Peak shipping season is just around the corner! But with supply chains still reeling from the unrest of Covid-19, repeated bottle necks , strained shipping capacity and all-time high freight prices, it’s looking to be a tough season.

Freight 130

Freight Digital Supply Chains Capacity 130

Shipsta

JULY 22, 2021

One of the biggest paradoxes in logistics is that data is an essential part of the freight procurement process, yet so much of it is left lying dormant and underutilised.

Data 130

Data Procurement Freight Logistics 130

Shipsta

JULY 29, 2021

The term ‘autonomous freight procurement’ is thrown around a lot in logistics today. However, it’s far more than just a buzzword, it’s the one of the most exciting and game-changing developments in the shipping world today.

Procurement 130

Procurement Freight Strategy Logistics 130

Shipsta

AUGUST 6, 2021

Climate change and sustainability are massive topics in freight procurement right now. But if you were procuring freight just ten years ago, sustainability would barely be on your radar. So, what’s driving this focus on reducing CO2 emissions? And how will sustainability. impact your freight procurement strategy? Here are the facts and figures that break down what’s happening right now….

Freight 130

Freight Procurement Transportation Strategy 130

Shipsta

AUGUST 12, 2021

Can you believe peak tender season is just around the corner? Time flies when you’re dealing with the most disruptive shipping market in a lifetime, huh!

Digital 130

Digital Supply Chains Freight 130

Shipsta

AUGUST 19, 2021

If you haven’t started working on a strategy to reduce your transport emissions yet, now’s the time to start.

Strategy 130

Strategy How To Transportation Digital 130

Shipsta

AUGUST 26, 2021

We all love to speculate what the future will be like – it’s human nature.

Procurement 130

Procurement Freight Digital Supply Chains 130

Shipsta

SEPTEMBER 9, 2021

Tender seasons is upon us, and this year there are a lot of factors to consider when choosing your carriers: Capacity is tight, rates remain high and lane disruptions and bottlenecks are more common than ever.

Sourcing 130

Sourcing How To Freight Capacity 130

Shipsta

SEPTEMBER 30, 2021

The shortage of HGV drivers has become such a big issue it’s no longer a niche logistics topic – it’s dominating the mainstream news. The UK may be the focal point right now (with a reported shortage of 73 thousand drivers ), but there are shortages reported across Europe and North America too.

Supply Chains 130

Supply Chains Logistics Digital 130

Shipsta

OCTOBER 7, 2021

In part one of our series on sustainability in freight procurement, we discussed the challenges shippers face to reduce CO2 emissions.

Procurement 130

Procurement Freight 130

Shipsta

OCTOBER 12, 2021

The last 12 months have been disruptive, causing many industries to rapidly adapt to the fast-changing circumstances.

Procurement 130

Procurement Supply Chain Software Industry Digital 130

Shipsta

OCTOBER 13, 2021

If you’re running a Shipping team right now, you’re battling two crises at once: A global freight shortage and a global staff shortage.

Procurement 130

Procurement Freight Digital Supply Chains 130

Shipsta

OCTOBER 19, 2021

When you’re looking for the perfect procurement management software for your team, you need to consider more than just the features on offer.

Procurement 130

Procurement Supply Chain Software Freight Digital 130

Shipsta

OCTOBER 28, 2021

Sea freight is becoming increasingly unreliable. Container shortages, port bottle necks and increasing demand on high-traffic lanes has caused late deliveries to sky rocket. Currently there are delays of up to 30 days on some of the busiest China to EU routes, and nearly 22 days on the worst-hit China to U.S. The impact of these delays on your supply can be massive and can result in dissatisfied customers.

Freight 130

Freight Industry 130

Shipsta

NOVEMBER 2, 2021

The 2021 United Nations Climate Change Conference (better known as COP26) kicked off in Glasgow last Friday. This is the biggest meeting since the 2015 Climate Change Conference in Paris, where 196 countries agreed to work towards reducing greenhouse gasses in the Paris Agreement.

Conference 130

Conference Industry Meeting 130

Shipsta

NOVEMBER 5, 2021

No matter how well you plan your procurement strategy, spot buying will always be a necessary part of your processes.

Procurement 130

Procurement Strategy 130

Shipsta

NOVEMBER 10, 2021

Freight procurement is a tough job, even without the additional hurdles multinational corporations (MNCs) face.

Procurement 130

Procurement How To Freight 130

Shipsta

NOVEMBER 19, 2021

If you want to ensure your goods are on time and in full, you need your best freight carriers on the job. But in today’s market, with capacity shortages and demand at an all-time high, you can’t guarantee your top suppliers can make the space for you.

Freight 130

Freight Capacity Digital Supply Chains 130

Shipsta

NOVEMBER 25, 2021

When you’re running a global procurement team, finding time to discover new and innovative strategies can be tough. But it’s the leaders who keep up with the latest ideas and are always learning who come out on top, especially in today’s complex freight procurement market!

Procurement 130

Procurement Freight Strategy 130

Shipsta

DECEMBER 2, 2021

How can you help your company place highly on sustainability rankings?

How To 130

How To 130