MTS Logistics

MARCH 25, 2024

The ocean freight contract season is a critical time for businesses involved in global shipping and trade to negotiate advantageous terms and rates for delivering products across international borders. Let’s examine the details of the ocean freight contract season and how companies can successfully manage it.

Negotiating Skills 77

Negotiating Skills Freight Price Reduction Expense Reduction 77

Blue Grace Logistics

MARCH 7, 2024

Q1 2024 Shipper Rate Report Q1 2024 Shipper Rate Report The Shipper Rate Report , a collaborative effort between FreightWaves , BlueGrace Logistics , and U.S. Bank , offering a comprehensive analysis of freight shipping rates.

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The Logistics of Logistics

AUGUST 21, 2023

Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.

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Trinity Logistics

DECEMBER 16, 2022

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. SLOWING FREIGHT VOLUMES. you can see the contracted outbound tender volume index over the past four years. Contract volumes are down around 15 percent below 2021 levels.

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Freight Maritime Outbound Trends 102

Blue Grace Logistics

DECEMBER 5, 2023

Q4 2023 Shipper Rate Report Q4 2023 Shipper Rate Report The Shipper Rate Report , a collaborative effort between FreightWaves , BlueGrace Logistics , and U.S. Bank , offering a comprehensive analysis of freight shipping rates. Contract rates remain above spot rates and route guides are performing well.

Collaboration 114

Collaboration Analysis Reliability Sourcing 114

FreightWaves SONAR

APRIL 11, 2024

Photo by Jim Allen Long-lived, loose freight market environments are extremely challenging for freight brokerages, but if the market tightens sharply, many brokers will experience a nightmare scenario, with all of their contracts falling under water. As the Market Turns The freight market is already showing signs of turning.

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The Logistics of Logistics

SEPTEMBER 6, 2023

Tusk save Shippers 40% or more on small parcel shipping. Tusk’s technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service. FreightFest 23 promises to be an exciting and informative event for professionals in the industry.

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Logistics Viewpoints

MARCH 22, 2024

commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. Intel wins $19.5

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The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

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Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 356

MTS Logistics

APRIL 24, 2024

With the Panama Canal accounting for 7% of global trade, the drought in the Panama Canal has the potential to disrupt supply chains and significantly extend shipping times. This situation is expected to have an impact on ocean freight, as it will naturally increase costs for all parties. Increases in freight rates.

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Trinity Logistics

SEPTEMBER 7, 2023

Do you feel like you could be spending less on your less-than-truckload (LTL) shipping rates? LTL shipping rates are affected by many different factors, so it can be pretty easy to make these simple changes and see your shipping costs decrease. Absolute Minimum Charge This is the lowest rate a carrier will charge.

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MTS Logistics

FEBRUARY 16, 2024

There are many variables affecting ocean freight rate fluctuations. Carriers will want freight rates at higher levels to maximize the profits per-vessel, while BCOs will want to ship with the best possible cost out there. When demand is high, freight rates increase as importers compete for the limited space.

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Freight Cost Reduction Inventory Reduction Scenario Planning 82

Ship Monk

FEBRUARY 23, 2024

How can you be sure you’re getting the best cross-country shipping rate? What happens when you can’t keep up with orders, a shipment gets lost, or you realize your shipping costs are wiping out your profit margins? What is a Freight Forwarder? What is a 3PL? That’s what a 3PL does.

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Freight forwarding Freight eCommerce 3PL 88

Freightos

MARCH 6, 2024

More Resources Home March 6, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

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Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

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Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 115

FreightWaves SONAR

APRIL 16, 2024

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. That’s simply not true.

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Purchasing Skills Optimal Sourcing Sourcing Data 52

MTS Logistics

AUGUST 18, 2023

Initial expectations for the freight market were not great at the beginning of the year, but there was some hope of rebounding after the second half – that was what every analyst and shipping experts were anticipating. Compared to the beginning of summer, spot rates have risen almost 40% which is quite surprising.

Freight 70

Freight Manufacturing Procurement Negotiating Skills Purchasing Skills 70

Freightos

SEPTEMBER 26, 2023

More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 4% to $4.41/kg

Logistics Network Optimization Software 100

Logistics Network Optimization Software Capacity Analysis Data 100

Freightos

NOVEMBER 28, 2023

More Resources Home November 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Negotiating Skills 79

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 79

Logistics Viewpoints

JANUARY 19, 2024

Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Air freight can slash delivery times to just a few days compared to weeks taken by ocean carriers.

Logistics Network Optimization Software 152

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MTS Logistics

JULY 29, 2022

Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year. The Evidence.

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Freight Analysis Survey Data 96

MTS Logistics

JANUARY 3, 2023

After a tumultuous two and a half years, in 2023, it seems like tides are turning in shipping and a normalization which has already started might be here to stay. A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. Transpacific U.S.

Negotiating Skills 103

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 103

MTS Logistics

APRIL 24, 2023

The end of April usually marks the end of contract negotiations for Transpacific Eastbound trade where both carriers and BCOs finalize the base freight rates which are good for one year. Fixed rate negotiations used to give larger BCOs the upper hand, but things have changed.

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Negotiating Skills Buyer Training Capacity Inventory 82

Blue Grace Logistics

JUNE 1, 2022

Freight markets always are on the move. Freight capacity and, therefore, truckload rates are constantly shifting. This level of volatility can potentially leave shippers in a difficult position if they haven’t built a strategy that encompasses both spot and contract truckload rates.

Price Reduction 62

Price Reduction Scenario Planning Capacity Freight 62

Freightos

DECEMBER 19, 2023

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

Negotiating Skills 100

Negotiating Skills Freight Optimal Sourcing Supply Chain Planning Software 100

Trinity Logistics

JULY 12, 2023

There are some common misconceptions out there about less-than-truckload (LTL) shipping. If you fall victim to any of these LTL shipping myths, you could end up thinking this mode isn’t for your freight. Or worse, spending extra time or money that you could have saved with your LTL shipping.

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Negotiating Skills Tracking and Tracing Temperature 3PL 92

Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

Freightos

DECEMBER 13, 2023

More Resources Home December 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Air rates – Freightos Air Index China – N.

Negotiating Skills 90

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 90

Logistics Viewpoints

AUGUST 8, 2022

Carriers move shippers’ freight. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions. Spot versus Contract Rates. Spot rates are higher than contract rates.

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Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 138

Trinity Logistics

JANUARY 13, 2023

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. The gap between spot and contract rates will stabilize. per mile between contract and spot rates (with contract being higher). 2023 Crystal Ball.

Freight 62

Freight Manufacturing Procurement Trends Purchasing Skills 62

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. LTL shipping rates would historically depend on freight class and the cost per hundredweight .

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Now, That's Logistics

JANUARY 11, 2022

These and other factors drove up freight rates and created capacity crunches that flowed right into 2022. Right now, the US is experiencing a shortage of more than 80,000 truck drivers, according to the American Trucking Associations, which estimates that about 72% of the nation’s freight transport moves by trucks. High Demand.

Price Reduction 97

Price Reduction Negotiating Skills Transportation Trucking 97

Freightos

AUGUST 23, 2023

Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 89

Price Reduction Resource Reduction Cost Reduction Capacity 89

Now, That's Logistics

MARCH 23, 2022

This has put companies in the position of once again having to put more time and effort into forecasting, planning, budgeting and generally just thinking way ahead when securing ocean freight capacity for their imports and exports. A Finger on the Pulse of Ocean Freight. Brace for Two-Tier Rates. What Shippers Want and Need.

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Negotiating Skills Purchasing Skills Trends How To 148

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

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MTS Logistics

AUGUST 10, 2022

The world’s largest container shipping liners are poised to break their own profits record that was set in 2021 by a staggering 73%, per the latest forecast. With sustained demand for imports in the United States, high fuel prices, and skyrocketing rates, the 11 largest carriers are poised to make approximately the GDP of Portugal in 2022.

Negotiating Skills 97

Negotiating Skills Price Reduction Government Freight forwarding 97

FreightWaves SONAR

AUGUST 7, 2023

Investing in technology to improve the capabilities of your supply chain team as part of a strategic initiative yields better results throughout all phases of the freight market cycle. When lengthy queues of container ships formed outside of the Port of Los Angeles, U.S. Still, blind spots popped up. In just a matter of weeks, U.S.

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