FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. As a result, freight cost changes go unnoticed and surpass budget limitations.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

ShipLilly

FEBRUARY 12, 2021

That is why the Shanghai Containerized Freight Index (SCFI) recently recorded the highest spot rates in history. Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. For example, recently the SCFI rate from Shanghai to the East Coast of South America exceeded $8,000 per TEU.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

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. Consumer Demand and Vessel Supply Consumer demand and vessel supply have the biggest impact on freight rates.

Freight 85

Freight Cost Reduction Inventory Reduction Scenario Planning 85

MTS Logistics

MARCH 30, 2022

Many of those employed in logistics understand that the industry has a certain level of complexity with day to day movement of freight. Collectively, we hope that these examples and explanations will serve to educate as you venture into the crazy world of project logistics. This project was loading from Galveston, TX to Virginia.

Freight 95

Freight Cargo Examples Scenario Planning 95

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Logistics Bureau

APRIL 4, 2022

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?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Logistics Business Magazine

OCTOBER 19, 2023

The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.

Modeling Software 47

Modeling Software Freight Transportation Cost Reduction 47

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

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Freightos

MAY 1, 2024

More Resources Home May 1, 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. Europe weekly prices increased 23% to $4.37/kg. Europe – N.

Data 93

Data Logistics Network Optimization Software Freight Cargo 93

Logistics Business Magazine

MARCH 15, 2023

On March 1st the EU customs safety and security system, ICS2, was launched for the air freight industry. “Air freight forwarders should use this period to ensure that they can provide the airlines with the additional data required,” advises DAKOSY authorized officer Dirk Gladiator. The latter is called Multiple Filing.

Data 53

Data Freight Freight forwarding Reliability 53

Logistics Business Magazine

JUNE 22, 2022

The accurate measurement of CO2 emissions in air freight is becoming increasingly important – but they differ strikingly depending on the aircraft type. With the BlueBox Systems platform, in addition to real-time tracking and analysis of air freight data, aircraft type-accurate CO2 emissions are now available.

Supply Chain Planning Software 58

Supply Chain Planning Software Optimization Software Modeling Software Freight 58

Now, That's Logistics

DECEMBER 1, 2020

Securing capacity for global air shipments has become more difficult this year as total freight volumes receded and as carriers reduced their flights as a way to offset that drop in volume. The latter is a particular concern for shippers that rely heavily on air freight. What’s Driving the Trend? Total volume fell by 12.6%

Capacity 78

Capacity Freight Cargo Scenario Planning 78

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

MTS Logistics

AUGUST 21, 2023

The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Example: Consider the Suez Canal obstruction. But how does this translate to freight forwarding? Deep Dive: The rise of drone deliveries for last-mile connectivity is revolutionizing air freight.

Freight forwarding 75

Freight forwarding Cargo Freight Optimization Software 75

FreightWaves SONAR

FEBRUARY 2, 2021

That’s where freight indices come into play. Emerging technologies from automation to delivery drones to the Internet of Things have the potential to transform the freight industry, disrupting old business models and changing the nature of freight jobs.” Instantaneous analysis. Consistent data collection.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Logistics Business Magazine

DECEMBER 9, 2021

The project for a smarter freight train is scheduled to run for 15 months. The freight wagons are equipped with a variety of modern sensors and communication technologies provided by different manufacturers, in particular from Nexxiot and PJM, which represent the latest state of development in terms of innovation and market readiness.

Freight 51

Freight Logistics Network Optimization Software Training Data 51

Shipping and Freight Resource

OCTOBER 21, 2020

Over the years, I have received several queries from readers around the world asking for my opinion and advice on situations relating to shipping and freight fraud. Here are six safeguards to follow against some of these shipping and freight fraud. 1) Know your trading terms. It is NOT a one size fits all solution.

Freight 106

Freight Freight forwarding Case Study Tips 106

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

FreightWaves SONAR

DECEMBER 10, 2020

Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Some of the challenges with the supply chain will and already do accurately predict freight’s future. Request a SONAR Demo.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

MARCH 9, 2021

That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. The freight market makes real-time decisions, and when it comes to navigating the freight market, they need near-real time data to proactively plan. But that’s not the full picture.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

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

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

RPA Labs

MAY 19, 2022

That’s the average response rate for a freight forwarder to respond to a quote request as uncovered in this unique approach by automation workflow company, RPA Labs. While we’ve heard this sentiment time and time again, have freight forwarders really changed the way they respond to customers? But don’t take our word for it. Top 50 FFs.

Freight forwarding 52

Freight forwarding Supply Chain Software Freight Supply Chain Design Software 52

FreightWaves SONAR

MARCH 26, 2024

Photo credit: Jim Allen Produce is a small portion of the volume of freight in the United States, but it can be one of the most disruptive forces in the industry. Take, for example, the market of Twin Falls, Idaho in comparison to Lakeland, Florida. This can be seen in a list or map view form.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Data Scenario Planning 52

CLX Logistics

JULY 26, 2021

Here are the main features of modern supply chain analytics solutions and services that help shippers optimize freight procurement, bidding, and benchmarking. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Ongoing Spend Analysis. Chief among them was COVID-19.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

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. Europe weekly prices fell 2% to $4.21/kg. Europe – N.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Parade

APRIL 25, 2019

But AI and ML won’t replace the need for human beings in the freight brokerage industry. For example, let’s say a broker is helping a shipper move a load, but their carrier says their driver is going to be late. Think about it— freight brokerages today are hiring qualified, college-educated employees. Sales management.

Modeling Software 60

Modeling Software Optimization Software Freight Optimal Sourcing 60

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Another Thing to Consider: Network Versus Execution-Level Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

RPA Labs

AUGUST 19, 2021

Everything from freight document management to shipment tracking to payment tracking can benefit from automation and robotic processes. Robotic process automation (RPA) can improve operations with BOLs, delivery alerts, freight document recording, real-time monitoring, drop-off confirmation, and payment verifications. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 19, 2021

Everything from freight document management to shipment tracking to payment tracking can benefit from automation and robotic processes. Robotic process automation (RPA) can improve operations with BOLs, delivery alerts, freight document recording, real-time monitoring, drop-off confirmation, and payment verifications. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

Now, That's Logistics

DECEMBER 21, 2018

How the international air freight markets fared in 2018 and what’s ahead for the new year. In its most recent monthly analysis of the global air freight market , the International Air Transport Association (IATA) observed that while demand for air freight was softening, cargo volumes are still trending higher.

Manufacturing Procurement 60

Manufacturing Procurement Freight Transportation Purchasing Skills 60

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

CH Robinson Logistics

SEPTEMBER 28, 2021

The answer is not simple and involves research and analysis across a number of factors. Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. Analysis of employment data. for Q2 2021, relative to Q2 2018.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Trinity Logistics

AUGUST 4, 2020

Managed Services is when you outsource your freight and logistics processes to a third-party logistics (3PL) provider, such as Trinity Logistics. Freight spend visibility has many benefits within itself. By analyzing freight spend by lane, companies can learn which of their lanes are not profitable based on transportation costs.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 64

MTS Logistics

JANUARY 8, 2024

For the near term, a few trade lanes are already seeing an immediate doubling in ocean freight costs. Trade routes from Asia to North Europe and the Mediterranean have seen the most drastic week-to-week changes in spot market container freight. This is having severe effects on transit times and shipping costs around the world.

Supply Chains 75

Supply Chains Maritime Analysis Tips 75

Trinity Logistics

OCTOBER 31, 2021

A TMS is best suited for companies that spend more than $1 million in freight, use an array of transportation modes, have several locations, get a majority of your freight via the spot market, or manage most of your data through Excel spreadsheets. A TMS has multiple options and breakdowns to give you the best analysis of your data.

Optimization Software 96

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 96

Logistics Viewpoints

AUGUST 14, 2023

The large fines above are examples of this class of penalties. For example, the U.S. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. Goods that look like they are 25% cheaper, may be 6% more expensive once special tariffs and international freight costs are factored in.

Compliance 105

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 105

FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. It always goes back to using data as a best practice for all aspects of freight management. Improved predictive analysis and projection with logistics automation data and insights. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90