Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

ShipLilly

MARCH 1, 2023

For example, the past few months have seen new shipping alliances, increasing price competition, the risk of over-capacity, and drastic changes in trade volumes. For example, THE Alliance and Ocean Alliance may be reconsidering their options. Yet, that may not satisfy the Beneficial Cargo Owners (BCOs).

Negotiating Skills 75

Negotiating Skills Price Reduction Cost Reduction Capacity 75

Logistics Viewpoints

DECEMBER 7, 2021

The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Most shippers currently face a long list of challenges thanks to some well-known trends. Carrier capacity management strategies ease the crunch. Carrier capacity tops the list of parcel shippers’ challenges.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

Now, That's Logistics

NOVEMBER 21, 2022

In fact there are three trends we see that are important in 2023”. With the national labor shortage also expected to continue into 2023, expect to see companies getting more creative in their driver recruitment, training and retention strategies. Rates, Fees & Capacity Trends. Cargo tonnage in this market rose 5.5%

Transportation 103

Transportation Trucking Freight Capacity 103

ShipLilly

FEBRUARY 15, 2023

When 2022 was beginning, everyone wondered whether the upward trend in spot rates would continue or if it would start unwinding. The trends seem to answer that question towards the unwinding side of things. The normalization of the East Coast-West prices means that logistics companies must recalibrate their strategies accordingly.

Price Reduction 75

Price Reduction Trends Sourcing Strategies Examples 75

Logistics Business Magazine

MAY 15, 2024

The transition to electric vehicles is not just a trend; it is one of the solutions to shift towards sustainable logistics whilst the industry navigates through the transition period, according to Girteka Group. At the core of this project is a simple yet effective strategy: combining BEVs with intermodal rail transportation.

Sourcing Strategies 36

Sourcing Strategies Optimal Sourcing Logistics Network Optimization Software Optimization Software 36

ShipLilly

JULY 28, 2021

For example, reliability for ferrying and picking up cargo on time is standing at as low as 5%. Such flexibility may involve an overhaul of the internal organizational structure so that it is responsive to trends in the market. This ought to be an active strategy that relies on information flows from the sector.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Expense Reduction 98

GoShip Blog

JULY 11, 2022

However, businesses that had incorporated automated systems and AI solutions into their warehousing strategy were able to weather the storm better. Changes in market situations and consumer trends will continuously put pressure on your supply chain. This also allows you to devise the best strategy to future-proof your facility.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Cost Reduction 52

MTS Logistics

APRIL 14, 2021

Traditionally, once the demand for a certain trade lane becomes weak, carriers used to react by decreasing pricing to attract more cargo but now they react by cutting sailings where the rate levels do not come down. This also created a big problem for export cargo from the U.S. Even though the U.S. East Coast ports as well.

Price Reduction 84

Price Reduction Cost Reduction Cargo Examples 84

Stord

APRIL 7, 2019

For example, Kansas City Southern has accepted trains from other lines that it usually wouldn’t have to accommodate. True Value has already successfully implemented this strategy in the Midwest, and is now bringing it to its Northeast region with this new investment. This number fell by 5.4% This number fell by 5.4% Let us know !

Warehousing 60

Warehousing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 60

Blue Grace Logistics

OCTOBER 7, 2021

In order to stay competitive in the market, shippers need to be agile and adapt to new trends. For example, human and electric-powered bicycles, droids, combination drones, trucks, and collaborative cargo platforms are technology-based solutions that profoundly impact last-mile shipping.

Waste Reduction 62

Waste Reduction Optimal Sourcing Meeting Supply Chain Planning Software 62

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

Supply Chain Planning Software 118

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 118

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. A Positive Example.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

MAY 20, 2022

We are seeing it now in terms of truck drivers and warehouse workers, and Walmart is an example of a company that has been trying to get ahead of these shortages by offering higher wages and on-the-job perks. Autonomous cargo ship completes 500-mile voyage. This shift in strategy has been referred to as “ friend-shoring.”

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction 118

Logistics Business Magazine

JULY 14, 2023

In view of the global trend of omni-sourcing, DHL Supply Chain, the world’s leading logistics company and part of DHL Group continues its strategic investments into emerging markets and fast-growing economies. Today, DHL Supply Chain announces a landmark investment of €500 million into the strategically located Latin American markets.

Supply Chain Software 56

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 56

Turvo

OCTOBER 21, 2021

During the start of the year, pandemic-related restrictions resulted in a 75% increase in rollover cargo at the top 20 global ports. This trend has been on the rise ever since the pandemic. . However, in 2021, historical trends have been blown away, with prices further spiking during this summer. . appeared first on Turvo.

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

247 Customs Broker

APRIL 5, 2018

Air cargo providers had a very good year in 2017. Bruce Chan , an air cargo institutional investment analyst with Stifel Capital Markets; Brandon Fried , president of the AirForwarders Association ; and Skip Dokken, a consultant with London-based Drewry Supply Chain Advisors. Any long-term strategies that they can implement?

Cargo 28

Cargo Supply Chain Planning Software Price Reduction Supply Chain Software 28

247 Customs Broker

JUNE 7, 2018

the industry stabilizes,” the report states, “it becomes more important than ever for carriers to step up their efforts to improve their performance, discipline their investments, and sharpen their strategies for succeeding through scale or specialization.”. Dysfunctional trends. More focus on digitization necessary.

Cost Reduction 28

Cost Reduction Cargo Price Reduction Resource Reduction 28

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. Oil price fluctuations.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Business Magazine

JULY 28, 2022

Additionally, products were stranded at sea on cargo ships due to maritime mobility issues. This was detrimental as 80% of all goods are carried by sea, resulting in over 320 cargo ships left queued and waiting to dock. For example, the U.S. In the U.S., 60% of businesses experienced delays in receiving orders from China.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 67

Shipping and Freight Resource

FEBRUARY 4, 2020

digitally transform the business and its strategy. Some examples and benefits of digitalisation in shipping are. Here is a real life example. The shipper booked the cargo using a Freight Forwarder who issued the shipper with Original House Bills which were deposited with the finance company as security by the shipper.

Supply Chain Planning Software 98

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 98

Turvo

OCTOBER 14, 2021

Let us check out some strategies you can deploy to decrease the driver churn rate for your trucking business. Strategies to reduce driver churn rates in the trucking industry. Here’s a few examples: Provide orientation and onboarding for drivers and dispatchers . Provide education and training: .

Inventory Reduction 75

Inventory Reduction Cost Reduction Trucking Logistics Network Optimization Software 75

Talking Logistics

JANUARY 16, 2018

It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States. For example, a U.S. Understand the 3-Legged Freight Movements at the Border.

Optimal Sourcing 123

Optimal Sourcing Logistics Network Optimization Software Optimization Software Material Savings 123

Conger

JULY 28, 2022

Plenty of examples of warehousing. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. Expedited cargo and lower costs on account of their close location to ports and borders. For example, take Co-op Partners Warehouse in St. Their pros and cons. Answers to common warehouse questions.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

Penske Move Ahead

MARCH 20, 2024

For example, our 26 foot box truck can accommodate the belongings of a five- to seven-room home, while our 53 foot trailer offers extended capacity and the ability to transport the equivalent of approximately three similarly sized houses. Here are a few more ways professional movers can benefit from commercial truck rental solutions.

Industry 40

Industry Optimization Software Optimization Modeling Logistics Network Optimization Software 40

Trinity Logistics

MAY 9, 2022

So, let’s dive into each of these markets so you can better determine your business’s strategy. TECHNOLOGY NEEDED FOR RFPS NEED HELP WITH YOUR STRATEGY FOR COMPETITIVE SHIPPING FREIGHT RATES? For example, drivers have to manage their strict Hours of Service so a flexible appointment window can help them better plan their day.

Freight 82

Freight Price Reduction Supply Chain Planning Software Logistics Network Optimization Software 82

247 Customs Broker

MARCH 1, 2018

The good news is that software and equipment vendors aren’t resting on their laurels, nor are they standing by and allowing companies’ warehousing strategies to fall into the dark ages. Customs & Border Patrol is essential to your cargo clearing customs. Autonomous mobile robots on the warehouse floor. WMS &middot. All Topics.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 28

Logistics Bureau

MARCH 19, 2020

Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. European electronic component distributor TTI says it is using air cargo companies UPS, FedEx, and DHL to mitigate the impact of holdups in China.

Supply Chains 63

Supply Chains Manufacturing Procurement Food and Agriculture Optimal Sourcing 63

Airfreight Logistics

MAY 31, 2018

As such, DHL Global Forwarding has kept a close eye on the dynamic trends of this trade. This has allowed them to already be prepared and have strategies in place for the increasing volume we’re seeing. intra-Asia trade lanes are experiencing an increase in cargo volumes across the board under all modes of transportation.

Freight 51

Freight Manufacturing Procurement Logistics Network Optimization Software Buyer Training 51

MTS Logistics

MARCH 3, 2023

We explore the expectations for greener shipping in 2023 and the strategies that shippers can use to ensure cleaner shipping in their operations. For example, some companies are already looking into autonomous shipping, which could reduce the need for human labor and therefore reduce emissions. For example, just this month, large U.S.

Trends 80

Trends Supply Chain Design Software Price Reduction Supply Chain Software 80

The Logistics Academy

SEPTEMBER 28, 2017

For example, airfreight forwarding growth in China is thought to have been robust this past year, while sea freight growth was much weaker. Conversely, the United States saw moderate expansion in sea freight as air cargo growth faltered over the same period. DB Schenker and uShip, for example. Digitize or die.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

Talking Logistics

JUNE 25, 2018

Here are some examples from the past few months: P&G : P&G is undertaking “a multibillion-dollar effort to remake an antiquated and inefficient network of factories, warehouses and offices into a new model that gets goods to stores more quickly,” reported Sharon Terlep in the Wall Street Journal this past February. “P&G

Supply Chain Transformation 60

Supply Chain Transformation Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 60

247 Customs Broker

JANUARY 30, 2019

Supply Chain Management Review: How is e-commerce changing the way we approach logistics/distribution network strategy? Michael Gravier: Most people underestimate the massive changes to logistics/distribution network strategy. SCMR: But won’t combating this trend mean that customers will only pay so much? Compliance to U.S.

Supply Chain Software 28

Supply Chain Software Inventory Reduction Resource Reduction Material Savings 28

247 Customs Broker

MAY 25, 2018

For example, how can we achieve a tamper-proof link between a physical object and its digital identifier? DHL and Accenture will soon be jointly publishing an important trend report on blockchain in logistics. Heutger is senior vice president of strategy, marketing and innovation at DHL. Stay tuned for more updates.

Modeling Software 28

Modeling Software Supply Chain Software Resource Reduction Logistics Network Optimization Software 28

The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

247 Customs Broker

NOVEMBER 29, 2018

For example, if a shipment is damaged en route, shock sensors can send an alert as soon as a shipment experiences rough handling. This kind of data-driven analysis enables supply chain managers to adopt many of the big data tools and strategies that have become commonplace in other areas. Compliance to U.S. ker@ehpub.com.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 28

Logistics Business Magazine

MAY 31, 2019

Secondly, in cargo transportation and logistics, specialists often need to be available 24/7. If we look at AsstrA’s “eastern” divisions in, for example, Shanghai and Istanbul, there is no such labour shortage. AsstrA is focused on attracting highly qualified employees capable of realizing the goals and strategy of the company.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Buyer Training Industry Logistics 28