GoShip Blog

OCTOBER 5, 2023

It’s about doing so intelligently, with a keen eye on the factors influencing costs. So, buckle up as we delve deep into the world of freight shipping quotes, equipping you with the knowledge to make informed decisions and steer your business toward cost-effective shipping solutions.

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GoShip Blog

SEPTEMBER 19, 2023

Delivering goods on time, keeping costs in check, and ensuring customer satisfaction are essential when shipping. This method is cost-effective and environmentally friendly, as it reduces the number of trucks on the road. This saves on shipping costs and minimizes the risk of damage during transit.

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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.

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FreightWaves SONAR

MAY 7, 2024

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. By aggregating and analyzing historical bid data, shippers can identify trends, benchmark performance and forecast future transportation costs more accurately.

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FreightWaves SONAR

MARCH 5, 2021

That’s why the only way to figure out a real commission plan rests with knowledgeable sales. Managers will need to train carrier sales teams to understand the importance of using the correct carrier at the right time, and they must be able to negotiate effectively in order to maintain recurring revenue.

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CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. The right supply chain management tools help not only to enable shippers to provide better customer service and on-time deliveries but also to remain competitive with everyone else in the market.

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FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. More accurately, Walmart was once again ahead of the curve.

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FreightWaves SONAR

APRIL 2, 2024

A common way for shippers to run RFPs, annual bids or even shorter projects is to simply rely on pricing data from a core group of trusted carriers and brokers. The issue is this: many brokers and carriers will price freight based on current conditions without proactively projecting shifts in the market or considering lanes with volatility.

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GoShip Blog

DECEMBER 29, 2022

Shipping is a cost neither business owners nor their customers enjoy having to shoulder. Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. Here are six you should try: .

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CLX Logistics

JUNE 27, 2023

Understanding how a provider can alleviate and eliminate rail transportation issues is vital for ensuring efficient rail freight operations, cost-saving opportunities, and relieving your business from avoidable stressors, hiccups, and pitfalls.

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Blue Grace Logistics

SEPTEMBER 28, 2021

What This Blog Is About: Shipper’s top concerns for their supply chain. The opportunity cost of choosing the wrong mode of transportation. All things considered, 78% of shippers were concerned with reducing shipping costs in general. Analyzing Transportation Mode Opportunity Cost.

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FreightWaves SONAR

FEBRUARY 4, 2021

Knowing the following key tactics and using the proper tools will help sustain long-term savings. 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.

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Locus

APRIL 1, 2022

It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. And as supply chains continue to grow in scale and complexity to meet these demands, so do the costs. Market trends also continue to evolve faster than ever.

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FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. Careful planning, negotiation and execution are key to securing capacity and optimizing supply chain operations.

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Locus

APRIL 26, 2024

More and more companies are looking to digitalization of their end-to-end logistics operations for high efficiencies at optimal costs. Enter the Request for Proposal (RFP): a strategic tool that goes beyond mere vendor selection. The next step involves finding the right partner for this journey. How to resolve this conundrum?

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Talking Logistics

MAY 23, 2018

Considering the increased sales volume our company is experiencing, you bean counters should be grateful I’m able to get our freight covered and delivered at any price!”. Combating Rising Freight Costs with a TMS. where they’re being hit especially hard on cost. where they’re being hit especially hard on cost.

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FreightWaves SONAR

SEPTEMBER 29, 2023

What if shippers could look beyond what’s expected and apply forecasting tools to keep freight spend under control and navigate uncertainty throughout this disruption – and beyond? In your negotiations, lock in rates for the longest term you can, perhaps offering a provision for cost increases tied to inflation and/or fuel indexes in return.”

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Locus

SEPTEMBER 25, 2023

Hence, curating an optimal driver experience emerges as a non-negotiable strategic imperative. Such capital can be strategically reallocated to drive core business transformations and process enhancements. In this context, it’s important to recognize drivers as the foundational assets driving our supply chain ambitions.

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Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. In a nutshell, the pandemic has increased the importance of supply chain, posited it as a ‘cool’ career choice, and strengthened the need for job seekers to improve their supply chain skill sets.

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Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

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Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

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Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Truckload pricing software is key to a broker’s ability to buy freight and sell capacity profitably in the daily spot environment. As a freight brokerage, you live and die by your pricing.

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Negotiating Skills Price Reduction Tools Cost Reduction 78

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. All of the above pressures culminate in rising operational costs – from ?labor, Talent gaps: ? One of the key drivers is the aging workforce leaving for retirement. Managing Inventory.

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Parade

MARCH 8, 2022

Here’s How Parade’s Digital Booking Tool, Book Now, Increases ROI. Brokerage reps spend less time to set up a Book Now than they would to get a typical load booked, even with all the automation and tools that Parade offer to simplify booking. ROI gained by using Parade’s Book Now feature goes deeper than you might imagine.

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Dedola Global Logistics

DECEMBER 2, 2019

The best freight forwarder for your needs is one that utilizes the latest technology and skillful negotiation to help you save big on your shipping costs. Competitive Pricing Strategies. We tailor our quotes specifically to your needs, including full container load (FCL) and less than container load (LCL) pricing.

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

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Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

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Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

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Inventory Reduction Analysis Material Savings Waste Reduction 40

GoShip Blog

JULY 8, 2022

This shortage has significantly reduced shipping capacity, resulting in delays and increased shipping costs. Here are ways to go about it: Negotiate agreements with carriers. Rather than focusing solely on getting the lowest possible rates, negotiate agreements for long-term partnerships. Provide rolling forecasts.

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EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. Eliminate unnecessary inventory costs and reduce inventory values All companies have different conditions (and challenges), and there’s no one-size-fits-all solution.

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FreightWaves SONAR

JANUARY 13, 2023

Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . Freight pricing is largely determined by the balance of supply and demand. Companies can leverage this data when negotiating long- and short-term pricing with carriers.

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GlobalTranz

SEPTEMBER 23, 2021

Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . Increasing fuel costs also play into the available capacity woes.? ? on-highway diesel fuel prices are up $0.898 from the end of August 2020.

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Freight Center

JANUARY 10, 2019

Working with a freight broker can help the shipper have a headache-free, cost-effective shipping experience. Once you’re ready to get a quote, use FreightCenter’s easy quote tool to compare rates from top carriers. Carrier Relationships: Take Advantage of Negotiated Rates. Time, Money and Resources: Save on all Three.

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GoShip Blog

SEPTEMBER 15, 2021

This can significantly cut back costs compared to a full truckload service. Shipping your engine via LTL freight could cost as low as $100+, depending on distance, weight, and volume, among other factors. Shipping and crating significantly lowers the cost of shipping engines. Our tool is simple.

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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. Paying below-market rates in highly volatile lanes could lead to additional costs. . That helps with planning asset allocation and assessing current pricing structures.

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Freight Center

JANUARY 10, 2019

Working with a freight broker can help the shipper have a headache-free, cost-effective shipping experience. Once you’re ready to get a quote, use FreightCenter’s easy quote tool to compare rates from top carriers. Carrier Relationships: Take Advantage of Negotiated Rates. Time, Money and Resources: Save on all Three.

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Freight Center

JANUARY 10, 2019

Working with a freight broker can help the shipper have a headache-free, cost-effective shipping experience. Once you’re ready to get a quote, use FreightCenter’s easy quote tool to compare rates from top carriers. Carrier Relationships: Take Advantage of Negotiated Rates. Time, Money and Resources: Save on all Three.

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