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October 2023 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. An example can be seen the Los Angeles market. Imports on the Rebound? For the past 14 months, much of the conversation around U.S. container import volume has been gloomy.

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A Fresh Start for Freight Agents

Trinity Logistics

Successful goal-setting is a necessity for Freight Agents to run prosperous businesses. If you perform a web search on the “ Fresh Start Effect ”, you’ll find a lot of articles and studies on the impact that a Fresh Start Date has on goal setting. This is a designation set aside for Agents that hit production goals in a calendar year.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. Considering higher capacity, with reduced demand, these tools have barely any impact. increase from 2020.

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DFB Tech Stack: Invoice Reconciliation

Parade

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

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Why It’s Vital to Disclose that Your Ground Freight Shipment is Hazmat

Freightera

A hazmat label warning of dangerous goods When it comes to hazmat — short for hazardous materials — in ground freight shipping, transparency isn’t just a nice-to-have; it’s a must-have. Training and equipped handling Not all drivers are allowed to handle any kind of freight.

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The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. Which makes sense.