FLS Transport

FEBRUARY 10, 2021

The Top 6 Stories in Freight. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. More trucks is definitely a step in the right direction. Get the details here. FLS can help.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

Now, That's Logistics

OCTOBER 26, 2021

In 2020, the top ocean freight ports in the Americas were all located in the U.S., and Houston, Texas, claimed the top five spots for total TEUs (twenty-foot equivalent units of cargo capacity—a measure used for container ships and container ports). more ocean freight than it did the prior year, according to SCMR’s numbers.

Freight 78

Freight Freight forwarding Handling Capacity 78

The Logistics of Logistics

JUNE 23, 2022

The peak season definition is a continued evolution of the seasons in transportation. Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. Would it not be simpler to access capacity that can scale while keeping tabs on the total costs more easily?

Supply Chain Planning Software 356

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 356

The Logistics of Logistics

APRIL 2, 2018

Will freight brokerage pricing evolve toward a discounted, transparent fee model like stock brokerage pricing? Could the Discount Pricing Model Work in Freight Brokerage? The stock brokerage business and the freight brokerage business are clearly different, but they also have enough characteristics in common, that we can compare them.

Negotiating Skills 170

Negotiating Skills Modeling Software Price Reduction Modeling 170

Now, That's Logistics

DECEMBER 18, 2020

Tracing the initial COVID-19 impacts back to March, Kumar says the earliest flight restrictions were driven by government mandates and effectively removed airfreight capacity from the market. With less capacity available on the market, the capacity that was available fetched premium prices. Rates Go Through the Roof.

Price Reduction 167

Price Reduction Capacity Cargo Scenario Planning 167

Blue Grace Logistics

JULY 10, 2018

noted that freight is causing its most “acute” cost pressures, while General Mills Inc. While holidays have a substantial effect on freight capacity, produce season can cause one of the biggest crunches of the year. This, of course, needs to happen before a carrier can consider taking on new freight. .

Capacity 48

Capacity Food and Agriculture Price Reduction Cost Reduction 48

TransAudit

AUGUST 1, 2023

Over the years, the capacity within the freight industry has tightened, bringing the role of the bulk freight truck driver under the spotlight. Understanding Tanker Endorsements Definition of a Tanker Endorsement Tank endorsement is a significant term in the trucking industry.

Supply Chain Design Software 77

Supply Chain Design Software Optimization Software Buyer Training Supply Chain Software 77

Shipping and Freight Resource

MARCH 10, 2020

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. By Deadweight Capacity. Many of us in the business relate to freight as “money”. By number of vessels.

Maritime 136

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 136

FreightWaves SONAR

DECEMBER 28, 2020

In this edition of “SONAR Indices & Insights,” the SONAR team explains another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants are predicting the impacts that containerized freight volumes may have on inland freight moves out of major U.S.

Freight 52

Freight Networks Procurement Analytics Demo 52

Shipping and Freight Resource

DECEMBER 30, 2021

Based on this, there seems to be a natural and immediate view that these lines fit the definition of cartel “ A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. It’s definitely not the whole story. Which leads me back to my initial tweet.

Definition 105

Definition Supply Chain Design Software Supply Chain Software Supply Chain Design 105

The Logistics of Logistics

OCTOBER 23, 2019

If they’re grabbing the freight in Laredo after a pickup in Mexico, then sure, that was really easy for them. They run into capacity problems. There’s seven times more freight going from south to north than north to south. Mexico is definitely more challenging. [13:00] That’s what excites me. You’ve grown up with both.

Automation 150

Automation Transportation Price Reduction Logistics Network Optimization Software 150

FLS Transport

NOVEMBER 12, 2020

The Top 7 Stories in Freight. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. It’s definitely an inflationary data point for shippers to keep their eye on. The wild swings in the 2020 freight market have been something to witness for sure. Get the details here. Get the details.

Freight 52

Freight Supply Chain Planning Software Study Trends 52

CH Robinson Logistics

JULY 8, 2021

Recognize freight market conditions and current consumer expectations. When developing or reviewing your current small parcel strategy, freight market conditions and current customer expectations are key factors to consider. Leverage service and capacity options to enhance your on-time shipping performance.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Parade

SEPTEMBER 1, 2020

Having worked with machine learning technologies for over a decade, I can definitely say it is no joke. Parade is extremely fortunate to have developed our Customer Success best practices from experiences with some of the most innovative freight brokerages in the world.

Supply Chain Software 78

Supply Chain Software Sorting Definition Capacity 78

Parade

SEPTEMBER 1, 2020

Having worked with machine learning technologies for over a decade, I can definitely say it is no joke. Parade is extremely fortunate to have developed our Customer Success best practices from experiences with some of the most innovative freight brokerages in the world.

Supply Chain Software 78

Supply Chain Software Sorting Definition Capacity 78

FLS Transport

JANUARY 4, 2021

And that definitely applies to the freight market. No one could have predicted the 2020 freight market. And some capacity was expected to leave the market after a really tough 2019 for carriers. Instead, the economy, the freight market and humanity dealt with a global crisis.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

Freightos

DECEMBER 28, 2023

More Resources Home December 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. China – N. Europe weekly prices fell 17% to $3.97/kg

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. A finite group of logistics service providers (LSPs) will inevitably lead to less competition during truckload RFP processes and higher freight spend. Disruption is, by definition, unplanned.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

AUGUST 23, 2021

While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. import boom that has collided with far more impactful ocean capacity constraints. While we are not in a global container shipping boom , we are in a U.S.

White Paper 52

White Paper Demo Procurement Analytics Data 52

GlobalTranz

JUNE 12, 2018

Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Yesteryear, freight allocation was simpler. Download Here. New Series.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Price Reduction 60

Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing.

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

Talking Logistics

MAY 23, 2018

“Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 60

Negotiating Skills Supply Chain Software Modeling Software Optimization Software 60

Logistics Business Magazine

JANUARY 11, 2023

Freight forwarders will employ a ‘wait and see’ approach before making any long-term air cargo capacity commitments particularly.” Freight tonnage will continue to contract as market conditions and volumes return to pre-pandemic numbers. Two, almost three exceptional years for carriers are definitely coming to an end.

Supply Chain Software 70

Supply Chain Software Supply Chains Industry Negotiating Skills 70

MTS Logistics

JANUARY 3, 2023

The definition of normalization is difficult to come by. Lower freight rates. For ocean freight rates, it is just the perfect storm to have downward pressure. West Coast ocean freight rates have bottomed out. And, the same applies to air freight, especially now that China is opening up. Transpacific U.S.

Negotiating Skills 105

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 105

Logistics Business Magazine

SEPTEMBER 19, 2023

Transporeon , a leading Transportation Management Platform and a Trimble Company, has announced new platform innovations that enhance its spot quotation, contract rate benchmarking and freight audit capabilities. Autonomous Quotation Price negotiations remain opaque and manual in the growing freight spot market.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Design Software Modeling Software Negotiating Skills 64

FreightWaves SONAR

MARCH 2, 2021

Let’s take a closer look at how such an analysis provides more actionable insights that help shippers find and leverage meaningful capacity. Combining common freight KPIs with cost analysis and tracking can give management a clearer picture of what path to take for short-term and long-term success. origin and destination pairings.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

MTS Logistics

NOVEMBER 13, 2020

To date, the largest container ships are HMM Algeciras with a capacity of 23,964 TEUs, followed by the MSC Gulsun which can hold 23,756 containers and a max capacity 224,986 tons. Container ships definitely affect the environment. Below are some interesting facts about container ships. They are both 400 meters long.

Definition 84

Definition Maritime Capacity Transportation 84

Trinity Logistics

JULY 21, 2020

The information that has been published about this online is fairly vague, so we’d like to set some facts straight to help you ensure that you’re hauling your liquid or gaseous freight legally. Do I Need a Tanker Endorsement? The containers are loaded, and not empty. The total combined volume in those containers exceeds 1,000 gallons.

Definition 123

Definition Meeting Training Trucking 123

Blue Grace Logistics

DECEMBER 15, 2021

As a major third-party logistics provider procuring shipping capacity for customers who need to move freight, BlueGrace also is working to resolve capacity issues in a supply chain disrupted by COVID-19. “The acquisition of new talent is really to support our hypergrowth.”.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 62

Trinity Logistics

JULY 21, 2020

The information that has been published about this online is fairly vague, so we’d like to set some facts straight to help you ensure that you’re hauling your liquid or gaseous freight legally. Do I Need a Tanker Endorsement? The containers are loaded, and not empty. The total combined volume in those containers exceeds 1,000 gallons.

Definition 105

Definition Meeting Training Trucking 105

247 Customs Broker

MARCH 26, 2018

Logistics Management Group News Editor Jeff Berman caught up with Bill Driegert , director of Uber Freight , earlier this month. Logistics Management (LM): How are companies like Uber Freight approaching current market conditions, specifically as they relate to tight capacity? Uber Freight is taking that a step farther.

Freight 28

Freight Negotiating Skills Modeling Software Logistics Network Optimization Software 28

MTS Logistics

MARCH 16, 2020

For container trade, the effect of oil prices on container freight rates is estimated to be larger in periods of sharply rising and more volatile oil prices, compared to periods of low and stable oil prices. When the price of ship fuel goes up by 50%, this could increase the cost of port-to-port sea freight costs by 10-20%.

Price Reduction 60

Price Reduction Maritime Cost Reduction Supply Chain Software 60

10xLogistics

JULY 11, 2015

Here is the story of the " study " (it has been the same for 5 years): We thought prices would be a lot higher than they are Freight is softer than we thought BUT. And of course my response continues to be the same: Prepaying for tight capacity is a waste of money. That is the ultimate definition of a commodity.

Course 48

Course Definition Waste Study 48

ShipLilly

JULY 15, 2021

Things are not made any easier by staff shortages that impact operational capacities. Freight and sailing cancellations are another major problem that makes it nearly impossible to make long term plans. Technical definition of abandoned cargo. Freight forwarders are then harassed into paying for these fees.

Cargo 98

Cargo Purchasing Skills Freight forwarding Procurement Solutions 98

GoShip Blog

OCTOBER 17, 2018

Online services with a wide network of professional carriers and drivers lets you find a perfect shipping option for any freight. Online freight services like GoShip.com offer less-than-truckload (LTL) shipping , which means that your cargo doesn’t fill up the entire truck. How does it work?

Logistics Network Optimization Software 74

Logistics Network Optimization Software Picking Definition Freight 74