Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 13% to $1,551/FEU.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Freightos

FEBRUARY 22, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 1% to $5,802/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Freightos

MAY 15, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine May 15, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 14% to $3,873/FEU. America weekly prices increased 8% to $5.86/kg.

Negotiating Skills 86

Negotiating Skills Price Reduction Data Capacity 86

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. The best and only successful way to overcome flawed data analysis is to use effective technology. Making the most of freight management and data analysis services will represent a key focus in the years ahead.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

FEBRUARY 22, 2021

They tend to follow similar lines and influence services and prices throughout transportation networks. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

Freightos

DECEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were level at $2,505/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,621/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 5% to $2,525/FEU.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. Request a SONAR Demo.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

DECEMBER 14, 2020

This week, learn how freight market participants are able to measure if freight pricing control lays in the hands of freight shippers or freight carriers. What is the DHL Supply Chain Pricing Power Index? The chart above has an 80 reading which indicates that the control of freight pricing lies in the carriers’ hands.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Freight 52

FreightWaves SONAR

FEBRUARY 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Review transportation pricing and contracts regularly.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Freightos

JANUARY 10, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) increased 58% to $3,980/FEU. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 115% to $5,169/FEU.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. While they did show signs of reducing, a recent surge has seen levels remain high. Supply chain infrastructure investment reduces. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. Request a SONAR Demo.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

JANUARY 5, 2021

Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. That will go a long way in reducing operating ratios and increasing fleet utilization. Carriers need an advanced dashboard that puts the information front and center, creating an intuitive pricing process.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. The local price is an average of those various prices.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

NOVEMBER 17, 2020

As explained by Supply Chain Dive , “Companies like Convoy, Transfix, Uber Freight and Loadsmart use algorithms to match carriers and loads based on origin, destination, type of load, price, and timing. Passport data and analysis guide decisions based on an overall strategy tailored to your brokerage. Request a SONAR Demo.

Data 52

Data Sourcing Strategies Transportation Freight 52

EazyStock

MARCH 4, 2021

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. This is so you can monitor their demand more closely and come up with strategies to reduce stock levels before the items become obsolete and have no demand.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? Promotion management.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. For supply chain management, this could include generating demand forecasts to ensure stock availability or mapping transportation routes to prevent idle time and reduce fuel consumption.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Ship Monk

DECEMBER 15, 2023

We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers. How did your pricing compare to your closest competitor’s pricing? Only then can you establish ideal pricing strategies and discounts. What were your best-selling products?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. Instantaneous analysis. Request a SONAR Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

DECEMBER 14, 2020

According to John Schulz of Logistics Management , “ experts’ advice for shippers to try and mitigate those rates is to drive efficiency for carriers by reducing waiting times at terminals, offering ‘driver friendly’ freight and trying to save minutes off drivers’ ever-valuable on-duty time during their runs. ” Instantaneous analysis.

Freight 64

Freight Supply Chain Software Logistics Network Optimization Software White Paper 64

FreightWaves SONAR

JANUARY 11, 2021

Access to data and proper analysis are both essential to maximize profits and reduce costs. Finding the best prices, fastest routes and best carriers depends on using accurate and timely data from start to finish. And that will reduce expenses associated with dwell time, shipping delays, customer complaints, and similar issues.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

MARCH 9, 2021

The better global retailers and BCOs understand market conditions through smart data analysis, the easier they will secure on-time drayage moves or deliveries. Global retails need a proactive way to refine their product price points too to recapture excess shipping costs Control over shipping costs is more vital than ever.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

MARCH 15, 2021

It can also show how a user’s targeted benchmark rate compares to the industry, the overall market, peers and at a pricing level. Additional implications include RFP strategy, knowing when to onboard new carriers, new lanes, hire more drivers or plan next distribution center sites. . Request a SONAR Demo.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 29, 2021

Meanwhile, national-branded consumer goods companies gained share from private labels during the pandemic and many are launching direct-to-consumer and subscription services looking to reduce their reliance on retail and reach their most loyal customers. . Pressure to develop an omnichannel strategy with strong customer service levels.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 17, 2020

Digital analysis and detail-oriented recordkeeping of all mode activities, including ocean import data , makes it easy to enhance overall performance. . Keeping that top-of-mind will go a long way in reducing growing pains and strengthen change management goals too. A few well-priced loads can earn you more by saving on fuel and labor.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

FreightWaves SONAR

FEBRUARY 5, 2021

They banded together, and bought shares of the almost worthless company, driving up the price of the stock and pushing the hedge funds into a position where they lost those seemingly surefire bets. Request a SONAR Demo. The hedge funds lost billions, and some nearly went under.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Freightos

NOVEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU. Asia-Mediterranean prices (FBX13 Weekly) were level at $1,492/FEU.

Negotiating Skills 78

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 78

Freightos

APRIL 16, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine April 16, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $3,288/FEU. America weekly prices increased 69% to $6.17/kg

Price Reduction 100

Price Reduction Resource Reduction Data Logistics Network Optimization Software 100

Freightos

NOVEMBER 21, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) decreased 2% to $2,383/FEU. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,487/FEU.

Optimal Sourcing 114

Optimal Sourcing Negotiating Skills Price Reduction Demo 114

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU. Europe prices (FBX11 Weekly) increased 3% to $1,243/FEU. Asia-Mediterranean prices (FBX13 Weekly) rose 12% to $1,670/FEU.

Negotiating Skills 97

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 97

Freightos

DECEMBER 13, 2023

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU. Europe prices (FBX11 Weekly) climbed 18% to $1,466/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 29% to $2,161/FEU.

Negotiating Skills 89

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 89

Ship Monk

FEBRUARY 9, 2024

Established companies will have years and years of quantitative data to work with, enabling them to identify trends and better understand the effects that marketing campaigns, pricing, seasonality, and other factors have on their merchandise. Qualitative data is more subjective.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84