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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

But more analyses are a hard-sell for busy logistics managers. According to Talking Logistics with Adrian Gonzalez , “Transportation professionals are so consumed with managing immediate needs that it’s often difficult for them to step back and consider longer term strategic objectives.” Gather data for the analysis.

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March 12, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU. Europe – N. America weekly increased 4% to $2.08/kg. American ocean rates are down 10% from their peak, with Asia – N.

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January 30, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. And though there were expectations of a significant move to air and sea-air logistics, so far the shift seems moderate and more pronounced for sea-air than for air cargo.

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June 4, 2024 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization.

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Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. And it’s essential to know a few things about enterprise shippers’ top logistics tactics.

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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

One of the most crucial aspects of logistics management is the process of trade agreements and annual negotiations. Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Download the White Paper.