Locus

JUNE 23, 2023

For the past day, an important news story has been making headlines in the logistics management communities in the US. So, knowing more about order fulfillment, its importance, process, and strategies is critical. Read Also: How Delivery Logistics Software Improves On-Time In Full (OTIF) Delivery Score 4. What’s that?

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Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. The same was true for Asia – N.

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

Freightos

JANUARY 15, 2024

Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.

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Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Locus

OCTOBER 17, 2023

Dispatchers in logistics have much to learn from the modern NFL scouts and how they operate. Similarly, a logistics business must invest in a high-end control tower system. These metrics come in handy, especially when businesses plan their logistics operations. Let’s dive in now! What is the idling rate of a driver?

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Optimization Software Data 52

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. American import hubs.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. This remains particularly true for shippers and logistics managers. Along with this keeping, the fleet loaded to maximum capacity is essential.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Some of these include: Prediction of traffic restrictions Vehicle capacity limitations Driver skill sets Distance to be covered Maximum speed Time windows Service hours Breaks Vicinity and so on. Find out the role of logistics in omnichannel retail fulfillment.

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Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Locus

MAY 18, 2023

In the world of supply chain logistics, the final mile of delivery to the end customer is pivotal for businesses to thrive and succeed. To streamline the last-mile delivery process, retailers, CEPs and other last mile players can implement technical strategies that optimize delivery routes. What is Delivery route optimization?

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Optimization Software Supply Chain Planning Software Optimization Cost Reduction 52

The Logistics of Logistics

JUNE 23, 2022

Ty Findley, managing partner of Ironspring Ventures, conducted a roundtable discussion titled The Next Chapter on Last Mile, with Penny Register-Shaw, chief strategy officer of The FRONTDoor Collective, and Bill Catania, founder and CEO of OneRail, on Tuesday during day two of FreightWaves’ Future of Supply Chain event in Rogers, Arkansas.

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Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

Locus

APRIL 13, 2023

This newly-added focus has pushed companies to invest in logistics software that helps them improve their delivery process and make it more customer-friendly. So, if your business is looking for the top logistics software companies, you’ve come to the right place. Let’s dive in!

Optimization Software 52

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

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. According to Supply Chain Digital , “although new, AI-driven concepts are being introduced, they aren’t new to the logistics sector. But, that does not have to be the case. But how can technology help?

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Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

JANUARY 5, 2021

Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Carriers have a finite amount of capacity. And there will be times when capacity constraints require increased rates and even outsourcing of some loads. Request a SONAR Demo.

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Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. Major shippers and transporters have only so much space available to work within LTL shipping capacity.

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Negotiating Skills Price Reduction Trends How To 98

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU.

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Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

MARCH 30, 2021

Data-driven lane and contract management boost compliance rates Inbound and outbound freight logistics are both critical parts of the modern supply chain’s freight market , though each one has been managed quite differently. How those data-driven strategies and game plans are implemented makes all the difference in the world.

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Compliance Supply Chain Software Supply Chain Planning Software Data 98

Locus

MAY 9, 2023

That’s an enormous chunk of change, and it underscores the importance of optimizing logistics operations, particularly last-mile deliveries , to tap into this market. Capacity Planning Chaos: Holiday and festival seasons trigger an avalanche of orders, overwhelming retailers and e-commerce vendors. trillion by 2027.

Cost Reduction 52

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FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. That’s even more true since transportation capacity, indicated by LMI.TPCP, is at 46.34, well below prior years’ averages in the above image.

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FreightWaves SONAR

MARCH 23, 2021

And part of that includes recognizing when existing contracts fall short and when to re-enter mini-bids, significantly as capacity tightens, says the Loadstar. Consider the impact of other modes on trucking and how that will affect your shipping strategy Shippers can also benefit from the consideration of other modes of trucking.

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FreightWaves SONAR

DECEMBER 21, 2020

As explained by Logistics Management , “ it has become an increasing challenge for the logistics industry to stay on top of new advances in business processes. A finite group of logistics service providers (LSPs) will inevitably lead to less competition during truckload RFP processes and higher freight spend.

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Negotiating Skills Trucking Price Reduction Cost Reduction 76

Parade

JANUARY 18, 2022

As we look forward to 2022, we’ve got to wonder how many more extremes the world will throw at the logistics industry. While many brokerages struggle to find capacity for their current workload, now is a great time to begin expanding out your network to cover new lanes. Reach out to , schedule a demo.

Tips 78

Tips Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

FreightWaves SONAR

MARCH 5, 2021

Once weather like the snowstorm in Colorado or the one seared into Texans’ Valentine’s Day memory hits, it’s easy to predict what is going to happen next—the freight market in the area halted to a stand-still and strangled capacity , as also reported by The Dallas Morning News. Capacity signals for the freight market.

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FreightWaves SONAR

DECEMBER 11, 2020

Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. And, a user can appropriately allocate internal resources to secure dedicated capacity, based on a Lane Scorecard lane profile. It has been recognized by Inc.,

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Video Freight Resource Reduction Demo 98

Turvo

DECEMBER 10, 2021

Turvo’s Collaborative TMS Paved the way for Port X Logistics to Triple Growth The past two years have created a series of hurdles and obstacles for the global supply chain. Shipyards and ports across the country are stressed to capacity. Ask Turvo for a Demo. . Port X and the Bingo!

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Collaboration Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 80

FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. And despite the current challenges, carriers are already looking for ways to augment their capacity through increased access to freight broker resources and beyond. Trucking companies have been open about their capacity issues.” . Request a SONAR Demo.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

MARCH 22, 2021

That amounts to using analytics to save on truckload procurement with better freight rates , to avoid problems securing capacity and to stay tactical with up-to-date insights. Analytics point out the opportunities that are ripe for improvement and applied across a real-time collaborative logistics platform. Request a SONAR Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU.

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Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

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Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 121

FreightWaves SONAR

FEBRUARY 4, 2021

As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Leverage freight data analytics to simplify logistics management. Request a SONAR Demo.

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Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

FEBRUARY 24, 2021

The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. The much faster service and more guaranteed capacity can justify the increase in cost, especially when time is of the essence when capturing market share. Request a SONAR Demo.

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Price Reduction Cost Reduction Sourcing Strategies Demo 92

Locus

SEPTEMBER 19, 2023

But brands must understand that customers are discerning and are becoming increasingly aware of the environmental impact of logistics. Read Also: How smart technologies help meet sustainability goals Technology a Crucial Driver Technology has been pivotal in advancements across industries, and logistics is no exception.

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Optimization Software Cost Reduction Inventory Reduction Logistics Network Optimization Software 52

FreightWaves SONAR

SEPTEMBER 29, 2023

In fact, more air capacity is already lowering the pressures on shipping rates. DATA ENABLES TRANSPORTATION OPTIMIZATION Using freight data to manage logistics helps to increase efficiency among drivers, loading, unloading, route optimization, use of multimodal transport, and much more. Consider this.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Locus

MARCH 27, 2024

Additionally, optimizing the logistics of returns by strategically planning routes and fully utilizing vehicle space can significantly reduce operational expenses. Read Also: The History, Evolution and Future of Reverse Logistics 2. Read Also: Omnichannel Retail Fulfillment and the Role of Logistics 3.

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Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

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. The key focus of transportation cost analysis remains an important component of supply chain and logistics planning. Get started by requesting a FreightWaves SONAR demo via the button below today.

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Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

NOVEMBER 19, 2020

As e-commerce peak season ramps up, more organizations will see available drivers and capacity dwindle. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. However, AI can provide a pathway toward more proactive, responsive management strategies.

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Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Locus

JUNE 16, 2023

The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. Retailers and logistics providers should not shift the burden of costs on the consumers as it makes them unhappy and leads to churn. What do you mean by last mile delivery costs in logistics?

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Challenges of managing logistics without access to near-real-time data and its benefits While logistics continue to support the supply value chain , many challenges result from lagging data.

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Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98