Logistics Business Magazine

NOVEMBER 19, 2023

European road and parcel freight rates will increase with 8% in the next six months; Global ocean freight rates are stable at a low level, but air freight rates will further decrease by another 5%. The BCI panel expects that the road freight rates will increase with 8% in the next six months.

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Freight Cost Reduction Definition Supply Chains 61

Trinity Logistics

APRIL 16, 2024

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. First, local freight that is destined for ocean travel will now need to find another port of departure, likely destinations the ports of NJ/NY; Philadelphia; and Norfolk, VA.

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Freight Outbound Trends Video 94

Shipsta

MAY 26, 2022

Getting even a small discount on your freight rates can save your company thousands on your busiest lanes. But as you already know, clinching lower rates is easier said than done – especially in today’s market.

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Dedola Global Logistics

JANUARY 24, 2024

The allure of low-cost freight rates is compelling. However, these temptingly low offers can be a trap laid by some freight forwarders, a siren song leading companies into hidden pitfalls. This tactic, a bait and switch of sorts, is commonly used by low-cost freight forwarders.

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Freight forwarding Freight Scenario Planning Cost Reduction 91

Trinity Logistics

MARCH 15, 2024

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. WILL 2024 BE A FREIGHT REBOUND YEAR? I certainly do not expect that we will return to freight volumes like we saw in 2021, and part of 2022. Lastly, Figure 1.3

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Logistics Viewpoints

MARCH 30, 2023

Final Thought Benchmarking your freight rates is an essential part of running a successful business in today’s increasingly competitive environment. The post Benchmarking your Freight Rates for Maximum Supply Chain Efficiency appeared first on Logistics Viewpoints. Currently residing in Mesa, Arizona.

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Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 114

Kuebix

FEBRUARY 20, 2020

Truckload solution for shippers with regular shipping lanes Kuebix provides complimentary truckload rate assessments leveraging the Load Match platform to help companies determine whether they are making the most strategic truckload shipping decisions. The post *Infographic* Savings On Truckload Freight Rates appeared first on Kuebix.

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Freight Networks Blog 155

Logistics Bureau

MARCH 22, 2022

If you are new to buying road freight or to negotiating road freight rates, this will really help you. Related articles on this topic have appeared throughout our website, check them out: Why Containerised Freight Shipping is Daunting for SMEs. The Challenge of Freight Container Utilisation and Why it Matters.

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Negotiating Skills Freight Cost Reduction Article 94

Logistics Bureau

AUGUST 2, 2022

Understanding freight or trucking rates is vital in your supply chain. Because we still see many companies suffer the consequences of using the wrong freight rate. Related articles on this topic have appeared throughout our website, check them out: Freight Benchmarking: What Is It?

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Picking Freight How To Cost Reduction 85

Trinity Logistics

MAY 9, 2022

Which has better shipping freight rates? Choosing to use spot rates versus contract rates can be one of the biggest decisions for a logistics manager. TABLE OF CONTENTS WHAT ARE SPOT RATES? WHAT ARE CONTRACT RATES? HOW TO TRACK RATES IN THE SPOT MARKET? WHAT ARE SPOT RATES? Which one is best?

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Freight Price Reduction Supply Chain Planning Software Logistics Network Optimization Software 82

Trinity Logistics

FEBRUARY 19, 2024

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. container costs from Asia to Los Angeles are over $1700 cheaper than freight bound for an East Coast port, such as New York. COULD WE LOSE CARRIER CAPACITY….WITHOUT

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Freight Events Capacity Outbound 104

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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Collaboration Analysis Reliability Sourcing 106

PLS Logistics

JULY 11, 2022

Diesel rates keep rising, and so are freight rates. Read this blog to see how the transportation industry is handling this.

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Logistics Network Optimization Software Freight Blog Handling 95

Trinity Logistics

NOVEMBER 17, 2023

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. FLAT RATES, EXCEPT FOR LTL Much of what we have seen this year has been around carrier rates remaining relatively flat. less than contract rates.

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Freight Logistics Network Optimization Software Availability Capacity 112

LandLink

OCTOBER 21, 2021

Energy and labor shortages are fueling inflation concerns over freight costs. The US inflation rate for the 12 months ending in July was 2.9 Spot container shipping rates from Asia to the U.S. Those rates are more than 14 times higher than during the same time in 2019. percent—the highest since February 2012.

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FreightWaves SONAR

SEPTEMBER 29, 2023

Maintaining control over freight rates has never been easy for shippers. freight market has grown in volume since the July 4th holiday, which is counter to historic trends. There is little evidence that freight volumes will fall off significantly in the coming weeks. There is an ongoing shift in each of the 135 major U.S.

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Cost Reduction Negotiating Skills Resource Reduction Capacity 52

FreightWaves SONAR

NOVEMBER 13, 2023

At the F3: Future of Freight Festival in Chattanooga, Tennessee, last week, FreightWaves Chief Data and Technology Officer Daniel Pickett announced the release of flatbed spot rates via API. Currently, 30% of the top 100 brokers and 3PLs are contributors to FreightWaves’ Trusted Rate Assessment Consortium (TRAC).

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Availability Data Construction Freight 112

FreightWaves SONAR

SEPTEMBER 28, 2023

Domestic transportation demand patterns continue to trek eastward , shaking up entrenched freight flows and positioning the market for future rate hikes. What does this mean for freight rates? Due to the soft economic climate, these changes have not had a particularly strong impact on rates.

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Inventory Reduction Freight Cost Reduction Manufacturing Procurement 59

MercuryGate

FEBRUARY 7, 2023

Dynamic Rate Manager is an expansion of the MercuryGate Smart Transportation suite, which includes capabilities for visibility, planning, and logistics management. Our customer rating model is intended to automate the calculation of customer rating while simultaneously simplifying freight rate management.

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Freight Modeling Automation Transportation 52

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.

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Collaboration Analysis Reliability Sourcing 114

Trinity Logistics

JANUARY 18, 2024

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. LIKE TRACKING A HURRICANE I’m sure we’ve all felt like we were in a bad storm over the past few years when it comes to the freight market, and particularly, shipping rates.

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Freight Disposal Logistics Network Optimization Software Scenario Planning 89

MTS Logistics

DECEMBER 7, 2022

Year over year, ocean freights rates have dropped 90% for cargo heading from China to the West Coast of the United States. Many logistics managers are sending messages to clients in the ocean faring freight market warning them freight rates are due to correct themselves in 2023. The Situation. The Outlook.

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Talking Logistics

JULY 19, 2023

This July 2023 post from Uber Freight’s blog compares current trucking spot rates to carrier operating costs and what the current environment. Read more The post Editor’s Pick: Are Current Trucking Spot Rates Sustainable? appeared first on Talking Logistics with Adrian Gonzalez.

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Picking Trucking Blog Supply Chains 125

Talking Logistics

OCTOBER 26, 2022

When procuring freight, companies invariably focus on rates and capacity. This is especially true when freight demand exceeds available capacity, which was the case most of 2021 and early 2022. Is this affecting the way shippers are approaching freight procurement? But market conditions are different today.

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Supply Chain Brain

OCTOBER 31, 2023

Data analytics point to a market inversion: Rising spot rates are about to exceed contract rates for the first time since early 2022. The history of such inversions tells us that contract rates will follow the upward path of spot rates after a few months’ lag.

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FreightWaves SONAR

SEPTEMBER 28, 2023

Domestic transportation demand patterns continue to trek eastward , shaking up entrenched freight flows and positioning the market for future rate hikes. What does this mean for freight rates? Due to the soft economic climate, these changes have not had a particularly strong impact on rates.

Inventory Reduction 52

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 52

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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Negotiating Skills Tips Cost Reduction Price Reduction 104

GoShip Blog

JANUARY 19, 2024

Freight shipping, a vital cog in the global economy, is undergoing significant changes. Truck freight rates are at the heart of these transformations, a key factor influencing the logistics and transportation industry. Understanding Truck Freight Rates Truck freight rates are the charges applied for transporting goods by truck.

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Cost Reduction Expense Reduction Price Reduction Trends 52

Food Logistics

JANUARY 17, 2023

How will these trends affect the truckload rate outlook for 2023? Here’s a closer look at what’s happening now in the sector and how freight market conditions might evolve in the year ahead.

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Trends Freight Trucking Transportation 148

MTS Logistics

AUGUST 23, 2021

Freight rates have skyrocketed since lockdowns went into effect at the start of COVID-19 in March 2020. A series of reasons were behind the rate increases. Absorb high rates. Reflect high rates onto consumers. The post Will Ocean Freight Rates Continue to Rise? Pause goods trading.

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Freight Picking Transportation Availability 98

Turvo

OCTOBER 21, 2021

Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. In recent months, businesses and shippers have been plagued with abnormally high freight rates. Freight prices have climbed over 500% in the last year. . Why have freight rates been on the rise?

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Freight Price Reduction Scenario Planning Cost Reduction 81

MTS Logistics

JULY 10, 2023

Starting in 2023, we all knew that freight rates would be plunging, and I was thinking that we would see “2019 freight rate levels” by end of 2023. Coming into July this year, we are seeing freight levels being redder (check out our internal comparison below) than my expectations. From the U.S.

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Scenario Planning Freight Price Reduction Cost Reduction 83

CH Robinson Logistics

JUNE 13, 2022

Do month-end or quarter-end freight surges affect your transportation costs? Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, and that your routing guide may not work as well as it usually does during those times. You’re certainly not alone in asking this age-old question!

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Transportation Cost Reduction Price Reduction Freight 95

Overdrive Online

FEBRUARY 1, 2023

Meanwhile, latest Bloomberg | Truckstop.com survey shows owners' increasingly pessimistic outlook for freight rates' immediate future, though some optimism remains. The double brokers and ID thieves are most definitely back from the holiday vacation.

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Freight Definition Survey Optimization 76

Trinity Logistics

DECEMBER 15, 2023

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. Currently, shippers are enjoying relatively abundant capacity and spot rates, which have fallen below $2.00 As we all know, the freight market is cyclical.

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Freight Scenario Planning Networks Supply Chains 91

Logistics Management

JANUARY 7, 2021

Freight transportation providers responded to COVID-19 pressures heroically, becoming leaner, more collaborative and efficient. And while this is good news for the nation’s freight network, shippers should expect significantly higher rates across all modes in the months ahead as the world moves through recovery.

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