Parade

APRIL 22, 2019

Freight brokerages and logistics companies with capital are aggressively purchasing other companies with technology assets— this behavior has been accelerating, with a different acquisition or merger taking place every two weeks. big disruption in the freight brokerage industry is coming.

Security 68

Security Vendor Strategies Freight Industry 68

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

GoShip Blog

APRIL 27, 2021

A bill of lading as a contract between the carriers and shippers, stating evidence of carriage between all involved parties in order to transport the freight. A document of title means the freight can be transferred to the holder of the BOL. Traditionally, the freight carrier issues the BOL to the shipper of goods.

How To 98

How To Document Material Savings Freight 98

FreightWaves SONAR

JULY 14, 2023

In order to make a real difference, however, this motivation to better the industry must be coupled with a deep knowledge of the freight market — including how it works, where it has been and where it is going. The high-frequency data housed in FreightWaves SONAR, for example, predicted the current freight recession months in advance.

Supply Chain Planning Software 52

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

Dedola Global Logistics

DECEMBER 16, 2019

Archives When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. Soft costs are usually time-consuming tasks such as planning, tracking shipments, gathering documents, handling disputes, and handling communication with your freight forwarder and over-seas suppliers.

Cost Reduction 98

Cost Reduction Negotiating Skills Material Savings Resource Reduction 98

Trinity Logistics

OCTOBER 27, 2023

Currently, we are seeing interest rates above seven percent , and the future freight market is not clear. As a Freight Agent, what should you be doing in this uncertain freight market? 1: Have Access to Data and Know It The first part of this tip should be simple. The second part takes a little more work.

Tips 62

Tips Freight Supply Chain Planning Software Buyer Training 62

GoShip Blog

AUGUST 29, 2022

In this day and age where people’s data is being input into most, if not all, websites people are using; it is important that this valuable information is protected. Without proper data integrity, third parties or those with malicious intent may access your data without permission for their own personal gain.

Data 52

Data Optimal Sourcing Optimization Software Security 52

Logistics Viewpoints

NOVEMBER 8, 2023

Ultimately, sustainability benchmarking can help companies to understand whether their initiatives are effective and give guidance on how to make improvements. The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Sourcing Strategies Optimization Software 130

Trinity Logistics

MAY 9, 2022

Which has better shipping freight rates? HOW TO TRACK RATES IN THE SPOT MARKET? HOW CONTRACT AGREEMENTS ARE SET WHO IS THE SPOT MARKET BEST FOR? TECHNOLOGY NEEDED FOR RFPS NEED HELP WITH YOUR STRATEGY FOR COMPETITIVE SHIPPING FREIGHT RATES? Spot freight rates are short-term transactional quotes for moving freight.

Freight 85

Freight Price Reduction Supply Chain Planning Software Logistics Network Optimization Software 85

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Freight shipped sooner for shippers and carriers.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

Blue Grace Logistics

OCTOBER 7, 2021

What’s in this article: How to gain sustainability through digitalization and technology. 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. Freight Transportation Sustainability.

Waste Reduction 62

Waste Reduction Optimal Sourcing Meeting Supply Chain Planning Software 62

GoShip Blog

JULY 6, 2022

Attached to the boxes or shipping pallets, they carry all the necessary information about your shipment and allow supply chain members to get a quick insight into the nature of your freight. Besides clearing up the logistics process for people, shipping labels transmit crucial data to electronic databases. How to label a shipment?

How To 52

How To Material Savings Temperature Packaging 52

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. Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’

Supply Chain Planning Software 95

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

FreightWaves SONAR

FEBRUARY 2, 2021

Note, however, that the ability to apply data depends on the actionability of information. That’s where freight indices come into play. And national freight indices are helping all freight management segments boost pricing strategies and understand how to better prioritize their operations. Near-real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Trinity Logistics

APRIL 24, 2023

Refrigerated trucking is not only more specialized than dry freight hauling but offers more earning potential, and there are certain times of the year during which you can count on higher freight volumes to keep your company profitable. Verify the set temperature after adjusting it to its requirement to confirm it is set correctly.

Refrigeration 62

Refrigeration How To Temperature Trucking 62

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. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. Click here to learn more about SYSPRO’s MRP solutions and how to plan and manage uncertainty. More costly operations:?

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

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. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Trinity Logistics

NOVEMBER 30, 2021

When shopping around for your own transportation management software, you’ll want to look for these capabilities: Rating and contract management This will help you with managing freight rates, sourcing, contract management, and bid RFP tools. You’ll have access to experts who know how to make use of all the tools and reporting.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 88

GoShip Blog

MARCH 21, 2023

Freight is one of the most critical parts of a product-based industry. Materials, machinery, and other physical goods are all delivered through freight services, whether it is in-house or through third-party logistics. This is why your inbound freight management must be smooth and foolproof. What is Inbound Freight?

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

FreightWaves SONAR

DECEMBER 29, 2020

And in recent years, the application of freight analytics has grown more manageable and faster to use. However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Remember, transportation brokers ’ whole business is freight management. Download the White Paper.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

FreightWaves SONAR

MARCH 7, 2024

But let’s not overcomplicate things: having the right data beats having a lot of data. (It In this fast-paced, competitive world, it is critical to leverage data to make informed decisions quickly. If freight pricing and management were a casino card game, rates would be table stakes. Whoa…what a title, right?

Capacity 52

Capacity Purchasing Skills Data Supply Chain Software 52

Talking Logistics

MARCH 7, 2019

“Mitigating additional costs was the focus, as well as idea velocity — how do we save money now! Three areas that companies concentrated on internally were trailer utilization, order lead times and freight attractiveness,” continues Matt. This has caused conversations across organizational functions to address these issues.”.

Cost Reduction 80

Cost Reduction How To Transportation Vendor Strategies 80

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. How can importers and exporters reduce soft costs? A freight forwarder is essentially the middleman between the shipper and the carriers. Contact Us.

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

Logistics Bureau

APRIL 5, 2021

Failure to Share Data. Another major issue is that people don’t share data enough. When I see 3PL relationships going off the rails, 55% to 65% of the time it is because accurate data wasn’t being shared sufficiently from the outset. Data about your products. Failure to Share Enough Information on Operations.

3PL 63

3PL How To Negotiating Skills Supply Chain Design 63

Blue Grace Logistics

OCTOBER 18, 2018

Unfortunately, getting cargo on the shelves of a retail store is not as simple as allocating extra time into your freight transportation schedule because often, delays do not happen simply due to a misjudgment of time needed. Old fashioned systems (manual data entry): Digital systems are a necessity in the modern world of commerce.

Inventory Reduction 48

Inventory Reduction Data Cost Reduction Waste Reduction 48

Parade

AUGUST 22, 2019

When adopting anything new— people, technologies, processes— companies must understand how to integrate those changes into their existing operations. No surprise, there are warranted levels of apprehension about technology vendors in the freight brokerage industry. 2: Validate Your Data. 3: Get Data in Real-Time.

Freight 60

Freight Data Packaging Examples 60

GoShip Blog

AUGUST 2, 2022

How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. This option benefits all the supply chain members by sharing the current location data and updating customers on the precise delivery time.

Supply Chain Design Software 52

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GoShip Blog

JULY 19, 2022

Besides making the delivery more effective, you can gain better control over all stages of freight shipping. Besides, you can avoid the risks of freight damage , thus staying away from financial losses. By connecting road mapping software to the TMS, you’ll receive real-time shipping data complemented with analytics.

Optimization Software 52

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

Turvo

AUGUST 18, 2020

Every company promises access to more information, the latest market data, and a better way to manage the supply chain. For example, language barriers may result in massive disruptions of the supply chain if the visibility software cannot transcribe tags and information. Can it streamline freight settlement processes?

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 96

Shipping and Freight Resource

FEBRUARY 4, 2020

Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm. Some examples and benefits of digitalisation in shipping are. How to avoid these pitfalls. Here is a real life example. Have a clear understanding of the business.

Supply Chain Planning Software 98

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

WorkWave

JANUARY 29, 2024

Delivery businesses operating in cities, for example, with consistent traffic patterns and stable delivery routes, rely on static routing to maintain predictability and allocate resources efficiently. Companies will map out the most efficient paths based on historical data to create a straightforward and easily manageable system.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

Freightos

MARCH 23, 2016

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Fundamental Feature.

Data 48

Data Logistics Network Optimization Software Supply Chain Software Modeling Software 48

CLX Logistics

JULY 13, 2020

We’re currently in one of the most volatile freight markets in the past 20 years. Customers are expecting an “Amazon Experience,” and, as always, your freight costs are “too high.”. What you really need to understand and be able to communicate to management is where you should be and how to get there. Look for one that does.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

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. Growing benefits of cloud utilization and the ability to tap into easy data access and storage. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90