Locus

AUGUST 7, 2023

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Strategic digitalization is not an option—it’s a necessity to survive in this fast-paced, digitally-driven environment, effectively seizing market opportunities.

Negotiating Skills 52

Negotiating Skills Cost Reduction Digital Expense Reduction 52

FreightWaves SONAR

APRIL 1, 2021

LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Density plays a role in the form of dimensional pricing.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Locus

JUNE 3, 2022

Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States. Schedule Demo.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Freightos

MARCH 12, 2024

Judah Levine March 12, 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) fell 7% to $4,419/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Demo Data 114

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU. Europe – N.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

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.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Freight 52

FreightWaves SONAR

JUNE 22, 2021

Inflation has a larger impact for the CPG industry compared to other industries given the reliance on numerous commodities (like corn and soybeans) that have seen prices increase dramatically over the past year. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

Negotiating Skills 52

Negotiating Skills White Paper Freight Demo 52

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. ” This means knowing how a carrier or shipper approaches freight pricing.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Freightos

JANUARY 16, 2024

Judah Levine January 16, 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) fell 5% to $2,588/FEU. Europe prices (FBX11 Weekly) increased 8% to $4,757/FEU.

Negotiating Skills 92

Negotiating Skills Optimal Sourcing Demo Data 92

FreightWaves SONAR

JUNE 17, 2021

Consumer packaged goods are facing inflationary pressures from all sides: Commodity prices are increasing; shortages of blue-collar workers for labor-intensive jobs; manufacturing costs increasing; packaging costs rising amid a boom in e-commerce; and transportation costs climb as capacity across all modes is historically tight.

Negotiating Skills 52

Negotiating Skills White Paper Data Transportation 52

FreightWaves SONAR

JULY 28, 2021

In contrast to the softer packaging prices experienced in 2020, companies have experienced significant inflation rates to-date in 2021, which has made packaging an area of greater focus for shippers. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

Negotiating Skills 52

Negotiating Skills Packaging White Paper Freight 52

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 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) fell 2% to $4,809/FEU. Europe prices(FBX11 Weekly) fell 1% to $4,553/FEU.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Maritime 71

Freightos

JANUARY 30, 2024

Judah Levine January 30, 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 38% to $4,099/FEU. Europe prices (FBX11 Weekly) fell 1% to $5,456/FEU.

Optimal Sourcing 109

Optimal Sourcing Negotiating Skills Demo Optimization Software 109

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. America weekly prices decreased 3% to $5.56/kg

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

JUNE 15, 2021

Input costs for corn, as well as other agricultural products, that are used in many products from animal feed all the way to consumer goods, have risen by more than 100% over the past year. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

Negotiating Skills 52

Negotiating Skills White Paper Data Freight 52

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.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 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. America weekly prices were level at $5.85/kg.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

FreightWaves SONAR

SEPTEMBER 23, 2021

Shippers are at a disadvantage in negotiations with carriers and brokers unless they have adequate data and real-time information surrounding the freight market. Then shippers enter negotiations with carriers and brokers, who live and die by the freight market, putting them on the back foot from the get-go. Request a SONAR Demo.

Negotiating Skills 97

Negotiating Skills White Paper Data Demo 97

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. America weekly prices fell 8% to $5.36/kg.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

Trinity Logistics

AUGUST 31, 2022

A TMS is an excellent investment and according to Logistics Management Magazine, has been shown to reduce transportation costs by up to 30 percent. Get started with a demo of Trinity's TMS. Freight Accruals Cost Allocation Carrier Scorecard Least Cost Carriers Power Lanes. COST ALLOCATION. FREIGHT ACCRUALS.

Cost Reduction 80

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 80

FreightWaves SONAR

FEBRUARY 4, 2021

Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Freightos

FEBRUARY 7, 2024

Judah Levine February 7, 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 7% to $4,367/FEU. Europe prices (FBX11 Weekly) fell 7% to $5,097/FEU.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Data 71

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.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

JULY 26, 2021

In contrast to the softer packaging prices experienced in 2020, companies have experienced considerable inflation rates in 2021, which has made packaging an area of greater focus for shippers. There are no signs of the pressure on costs abating. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiating Skills Packaging Cost Reduction 52

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 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) fell 3% to $1,556/FEU. Europe prices (FBX11 Weekly) were also level at $1,467/FEU.

Negotiating Skills 89

Negotiating Skills Optimal Sourcing Demo Logistics Network Optimization Software 89

WorkWave

FEBRUARY 20, 2024

Grasping the Fundamentals From labor costs that hinge on the median electrician’s pay of $27.36 per hour to ensuring your estimates cover both material costs and overhead, mastery over this estimating process is crucial. When it comes to electrical work, understanding the costs involved is crucial for planning your budget.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 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. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

JULY 12, 2021

2) Showing the lanes where shippers have the most negotiating leverage. (3) While data that shows shippers where their rates are relative to the market is most obviously useful in negotiations, it is just as important in managing day-to-day operations. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiating Skills Supply Chain Planning Software Scenario Planning 52

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 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 11% to $4,859/FEU. Europe prices (FBX11 Weekly) fell 8% to $4,697/FEU.

Optimal Sourcing 77

Optimal Sourcing Negotiating Skills Demo Data 77

FreightWaves SONAR

JUNE 7, 2021

Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiating Skills Data Freight 52

FreightWaves SONAR

JUNE 14, 2021

While most CPG companies are raising prices, it appears that price increases will not fully offset the rising costs in many or most cases. There is elasticity in their prices because consumers typically have lower-priced private label alternatives. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiating Skills Food and Agriculture Demo 52

FreightWaves SONAR

SEPTEMBER 20, 2021

There is a scene in Curb Your Enthusiasm where Larry David, who had never before purchased illegal drugs, asks a dealer, “Is that a fair price you’re quoting me?” In addition to whether shippers are being charged a fair price, there is also the question of whether shippers are getting what they are paying for. Request a SONAR Demo.

White Paper 98

White Paper Negotiating Skills Purchasing Skills Freight 98

FreightWaves SONAR

MARCH 15, 2021

When trucks make return trips empty, it often ends up costing more to drive that truck home than it makes with its freight load. Poor capacity acquisition comes down to poor communication and freight contracts negotiation due to outdated methods. Deadhaul miles rack up shipping costs. Request a SONAR Demo.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Data 72

FreightWaves SONAR

OCTOBER 1, 2021

The average stock price of SONAR customers over the past five years has appreciated by 114%, while non-SONAR companies’ stock has increased by 96%. Over the past year, the average SONAR customer stock price increased by 56% compared to a 35% increase for non-SONAR companies. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 106

White Paper Negotiating Skills Demo Freight 106

Freightos

JANUARY 3, 2024

Judah Levine January 3, 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) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Demo Logistics Network Optimization Software 62

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94