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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. And our client engages with 3PL by open book cost plus contracts and gain share and pain share incentive. Use Value Engineering : Reduce the Cost and retain the function of anything.

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3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

GlobalTranz

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly. They get lost or misplaced.

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7 Distribution Technology Trends Worth Discussing

GlobalTranz

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.

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How The Carmack Amendment Applies to Freight Claims When Partnered with a 3PL

GlobalTranz

For example, an act of terrorism may not necessarily qualify shipments for an exclusion. For example, today’s expensive products may cost more than the Carmack Amendment allows within its limits of liability. Yet, the burden to prove these actions can be difficult. 3PLs Handle Bills of Lading.

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Hello, Manufacturers & Logistics Companies, Here are 10 Reasons No One is Reading Your Content

GlobalTranz

Today we feature a guest blog from Fronetics Strategic Advisors , a digital marketing agency, who specializes in the logistics and supply chain industries. Only 11% of companies without a documented content marketing strategy find their efforts to be successful, compared to 60% of companies with a strategy in place.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. Rapidly rising fuel prices will bring about even more widespread supply chain disruption.

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Cargo Insurance: What is it, What are the Types, & Do I Need it for My Shipment?

GlobalTranz

Following up our announcement that we have negotiated lower cargo insurance costs and now offer a zero deductible for that cargo insurance, we thought we’d take a deeper look at freight insurance (also known as cargo insurance). Specifically, what is cargo insurance, and should shippers even request it.

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