Trinity Logistics

OCTOBER 27, 2023

Currently, we are seeing interest rates above seven percent , and the future freight market is not clear. As a Freight Agent, what should you be doing in this uncertain freight market? 1: Have Access to Data and Know It The first part of this tip should be simple. The second part takes a little more work.

Tips 62

Tips Freight Supply Chain Planning Software Buyer Training 62

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Evaluating freight flows for private fleet conversion. . Deciding on the timing of freight bids. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

Morai Logistics

FEBRUARY 28, 2019

Experts believe that through digital freight matching, transportation supply chains can open a new way of driving efficiency and visibility. Last year, Morai Logistics discussed the Uberization of supply chains, and touched on the impact of autonomous freight. Digital Freight Matching. Leading Freight-Matching Apps.

Supply Chain Software 60

Supply Chain Software Logistics Network Optimization Software Supply Chains Digital 60

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Forto

APRIL 25, 2020

Freight forwarding companies face the big challenge of keeping the consequences as minimal as possible. Each of our employees can access all data from anywhere, including home. We give our customers full visibility into and access to their data at all times. Of course, this applies not only to the internal distribution of tasks.

Course 52

Course Digital Modeling Software Logistics Network Optimization Software 52

Forto

APRIL 9, 2020

Freight forwarding companies face the big challenge of keeping the consequences as minimal as possible. Each of our employees can access all data from anywhere, including home. We give our customers full visibility into and access to their data at all times. Of course, this applies not only to the internal distribution of tasks.

Course 52

Course Digital Modeling Software Logistics Network Optimization Software 52

Freightos

MARCH 23, 2016

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Fundamental Feature.

Data 48

Data Logistics Network Optimization Software Supply Chain Software Modeling Software 48

Logistics Business Magazine

MAY 17, 2024

Over the course of the 100 million kilometers, a total of 1,864 drivers safely used Inceptio-powered L3 and L2+ trucks in their daily operations. This focus on real-world data is a key driver of Inceptio’s competitive edge in the autonomous driving technology landscape.

Trucking 62

Trucking Modeling Software Cost Reduction Express delivery 62

Freightos

JANUARY 4, 2018

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. By Zvi Schreiber, CEO, Freightos.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Digital Supply Chain Software 54

Freightos

NOVEMBER 10, 2016

This Freight Calculator Brought To You By Transparency. We’ve launched the world’s first door-to-door international freight estimator , powered by live global market rates. It would take days to compare multiple providers and, of course, there was no market index or transparent data to guide us.

Freight 69

Freight Logistics Network Optimization Software Freight forwarding Data 69

Freightos

JANUARY 4, 2018

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. By Zvi Schreiber, CEO, Freightos.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Digital Supply Chain Software 48

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. COVID of course taught companies the need for agility. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 136

Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. Technology.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

Freightos

JULY 26, 2018

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). Source: Amazon.com.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

FreightWaves SONAR

JUNE 30, 2023

Freight procurement has serious problems. The lack of a mechanism to tie contracts to prevailing market conditions creates enormous inefficiencies in freight transportation. Better yet, shippers, carriers and brokers can stop the constant grind of rebidding freight and haggling over price and focus on what they do best.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Software Supply Chains 52

Now, That's Logistics

FEBRUARY 4, 2021

Like many industries, the ocean freight sector is caught somewhere between using age-old systems that still technically work, and moving into the digital world. First, there are many parties involved in international trade,” including shippers, consignees, freight forwarders, and customs house brokers.

Supply Chain Design Software 78

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 78

Now, That's Logistics

FEBRUARY 15, 2022

As shippers either figuratively or literally flipped the calendar page over to 2022, the hope was that at least some of the capacity crunches, driver shortages, labor issues and freight rate increases that took hold in 2021 would begin to heal themselves and create a more balanced transportation marketplace. Unfortunately, this didn’t happen.

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

Logistics Viewpoints

FEBRUARY 26, 2024

These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. Of course it would! So, suppliers were asked if they used carriers or their own trucks to haul freight.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 151

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker. For example, if they buy a component for their hardware products in Thailand, they have an estimate for the logistics emissions associated with the component.

Cost Reduction 135

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 135

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Business Magazine

JULY 9, 2020

Air freight experts at Tim Consult have launched the special Market Intelligence Initiative ‘MII Pharma Air Cargo’, aimed at providing pharmaceutical industry specialists with a trusty guide through the labyrinthine world of temperature-controlled global air freight markets. So the data is fully grounded in the business.

Cargo 36

Cargo Temperature Course Logistics Network Optimization Software 36

MTS Logistics

MAY 27, 2022

We experience such diverse supply chain disruptions that tracking the data on U.S. Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses.

Global logistics 84

Global logistics Analysis Negotiate Pricing Negotiating Skills 84

GlobalTranz

SEPTEMBER 11, 2015

We continue our series on what makes up a "Best in Class" shipper by taking a deeper dive into #4 and #5 of the 10 areas that "Best in Class" Shippers must master : Freight Spend Management and a focus on LTL Shipping Process. In the second post we covered the first 3 areas: Data Capture, Knowledge of Carrier's Business, and Organization.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

Freightos

MARCH 17, 2019

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. This, of course, requires a reputable global freight index.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

GlobalTranz

DECEMBER 15, 2015

Most businesses that ship freight via Less-than-Truckload or LTL freight services will improve the efficiency and cost-effectiveness of their transportation and logistics departments with the use of an automated transportation management system (TMS). 6 Benefits of Using a TMS for LTL Freight Management.

Freight 50

Freight Cost Reduction Expense Reduction Price Reduction 50

Logistics Problem Solving

JUNE 2, 2017

This includes both outbound and inbound freight. The second most common problem is looking for ways to cut their freight cost. Stale, Incomplete Data Is a Problem in Problem Solving. Usually it’s the data. For example, a routing guide compliance problem could present itself as a carrier billing issue.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

Stord

JANUARY 11, 2022

Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing.

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

ShipLilly

DECEMBER 7, 2022

Those that invested in air freight are stuck with eggs on their faces. Of course, that expectation could only hold if the upward trend in e-Commerce continued. Indeed, some invested in air freight-related sectors on the back of this speculation. The current signs are not encouraging for freight industry investors.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Trends Manufacturing Procurement 52

Forto

APRIL 25, 2020

A comparison of the different transport options from air to rail freight. For breathing masks, for example, a rapid test is available to prove conformity with European standards. Everything you need to know about certificates and customs regulations for importing medical equipment. This only applies to the period during the pandemic.

Transportation 52

Transportation Data Multimodal transport Availability 52

GlobalTranz

APRIL 27, 2015

As the world becomes hyperconnected , the demand for rapid response for concealed freight damage, general freight damage or missing items from shipments has changed. On April 18, 2015, the National Motor Freight Traffic Assocation® has amended the NMFC rules regarding the required time frames for reporting concealed freight damage.

Freight 92

Freight Document Material Savings After-sales 92

GlobalTranz

JUNE 17, 2016

Unfortunately, shippers who misrepresent freight have taken advantage of 2014’s major capacity crunch and the perception of one on the way to make shippers trust their predetermined information. What’s the Problem When Shippers Misrepresent Freight? What about freight from other shippers?

Negotiating Skills 54

Negotiating Skills Freight Cost Reduction Price Reduction 54

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Besides, failure of managing return logistics of such things may lead to an increased risk of exposing personal or company data. Imagine this scenario.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Logistics Business Magazine

SEPTEMBER 2, 2022

From the latest data requirements and processes, to the sheer scale of the challenge associated with new systems and software; the move from CHIEF to CDS is far from straightforward. CDS is a dramatic shift away from the previous ways of working in CHIEF, right from the way the customs declaration looks, to the new data needed.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Buyer Training Logistics Network Optimization Software 67

Logistics Problem Solving

AUGUST 4, 2017

While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data. But it’s more than having data, it has to be the right data.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59