Freightos

FEBRUARY 28, 2024

Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience.

Negotiating Skills 62

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

Blue Grace Logistics

SEPTEMBER 21, 2020

However, good leadership skills and information savviness alone are not enough to handle the supply chain function and manage the team. There are other necessary capabilities apart from business know-how and general leadership skills that a supply chain leader needs to lead the function efficiently and effectively.

Negotiating Skills 62

Negotiating Skills Buyer Training Supply Chain Software Supply Chain Planning Software 62

CLX Logistics

AUGUST 23, 2023

To close things out, the group discusses the opening of CLX Logistics’ new Houston office , strategically located in the energy corridor to serve several large chemical companies. Listen Now: < [link] > The post Canadian Logistics: Port Issues & Labor Trends appeared first on CLX Logistics, LLC.

Negotiating Skills 93

Negotiating Skills Trends Logistics Network Optimization Software Price Reduction 93

Logistics Business Magazine

MAY 19, 2023

Long-awaited price deflation is now happening, says international procurement and supply chain management consultancy INVERTO, part of Boston Consulting Group. Those businesses that are unable to cut prices in line with the rest of the market could lose out significantly. They need to get back to doing that and quickly.”

Negotiating Skills 59

Negotiating Skills Negotiate Pricing Cost Reduction Supply Chain Software 59

The Logistics of Logistics

AUGUST 28, 2023

Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.

Supply Chain Planning Software 361

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 361

FreightWaves SONAR

JUNE 12, 2023

Fuel costs have a direct and significant impact on the prices shippers pay to move goods. When fuel prices soared in 2022, surcharges climbed as high as 30%. Fuel prices have dropped significantly since hitting a peak last year, recently falling to $3.797 per gallon – the lowest weekly price since Jan.

Negotiating Skills 52

Negotiating Skills Data Picking Trends 52

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The post Freight Market Data To Assist in Negotiations With Carriers appeared first on SONAR.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

Supply Chain Brain

JULY 16, 2023

Leveraging analytics software with supply chain data helps shippers predict freight market trends, lower operating costs, negotiate rates more effectively and respond to disruption quickly.

Negotiating Skills 95

Negotiating Skills Supply Chain Software Trends Supply Chains 95

Talking Logistics

APRIL 19, 2018

The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead.

Negotiating Skills 61

Negotiating Skills Price Reduction Cost Reduction Supply Chain Software 61

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

GoShip Blog

OCTOBER 5, 2023

It’s about doing so intelligently, with a keen eye on the factors influencing costs. So, buckle up as we delve deep into the world of freight shipping quotes, equipping you with the knowledge to make informed decisions and steer your business toward cost-effective shipping solutions.

Negotiating Skills 40

Negotiating Skills Cost Reduction Optimization Software Logistics Network Optimization Software 40

Now, That's Logistics

MARCH 23, 2022

It also doesn’t help that ocean shipping freight costs are up to eight times their pre-pandemic levels —and even higher for some routes. The escalated cost has changed the way shippers shop around for freight capacity. The post Top 2022 Ocean Shipping Trends and How to Navigate them appeared first on DB Schenker.

Negotiating Skills 148

Negotiating Skills Purchasing Skills Trends How To 148

FreightWaves SONAR

MAY 7, 2024

By aggregating and analyzing historical bid data, shippers can identify trends, benchmark performance and forecast future transportation costs more accurately. This level of insight enables them to negotiate better terms with carriers and optimize their overall transportation budget strategies.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

The Logistics of Logistics

SEPTEMBER 13, 2023

TIA 2023 Technovations Conference , October 18-20, San Diego, CA Focuses on technology innovation, trends, and new product offerings for the 3PL community. Tusk’s technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service.

Freight 329

Freight Negotiating Skills Logistics Network Optimization Software 3PL 329

The Logistics of Logistics

APRIL 17, 2023

With a real-time connected network of 10 million drivers, OneRail finds the right vehicle for the right delivery so shippers gain low prices and greater capacity to rapidly scale their businesses. OneRail’s solution is designed to help businesses reduce delivery costs, improve customer satisfaction, and increase operational efficiency.

Supply Chain Design Software 316

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Negotiating Skills 316

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

Logistics Business Magazine

MAY 22, 2023

Long-awaited price deflation in the UK is now happening, says international procurement and supply chain management consultancy Inverto, part of Boston Consulting Group. Says Agarwal: “The coming months are going to see significant price competition as costs come down, especially in certain commodities. in February to 10.1%

Negotiate Pricing 55

Negotiate Pricing Negotiating Skills Buyer Training Price Reduction 55

ShipLilly

MARCH 1, 2023

Price wars, cheap contracts, & new ships There is widespread interest in the next steps for the container trade following a series of significant changes. 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.

Negotiating Skills 75

Negotiating Skills Price Reduction Cost Reduction Capacity 75

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

FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. More accurately, Walmart was once again ahead of the curve.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

GoShip Blog

SEPTEMBER 19, 2023

Delivering goods on time, keeping costs in check, and ensuring customer satisfaction are essential when shipping. This method is cost-effective and environmentally friendly, as it reduces the number of trucks on the road. This saves on shipping costs and minimizes the risk of damage during transit.

Negotiating Skills 52

Negotiating Skills Cost Reduction Logistics Network Optimization Software Optimization Software 52

Logistics Bureau

NOVEMBER 1, 2021

And are you struggling with cost and forecasting challenges? This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. Other Steps to Minimise Container Freight Costs.

Negotiating Skills 94

Negotiating Skills Cost Reduction Freight Optimal Sourcing 94

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. The post Paper and packaging companies face rising input and freight costs appeared first on SONAR. Request a SONAR Demo.

Negotiating Skills 52

Negotiating Skills Packaging White Paper Freight 52

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

Blue Grace Logistics

APRIL 28, 2023

China tensions and the pandemic-driven distribution crisis forced businesses to give priority to supply-chain resiliency over the cost-cutting that once sent that production to Asia, particularly China, consultants and deal makers say. along with a strong manufacturing-based economy, skilled workers and free-trade pacts like the U.S.-Mexico-Canada

Trends 62

Trends Negotiating Skills Supply Chain Planning Software Supply Chain Software 62

CLX Logistics

JUNE 27, 2023

Understanding how a provider can alleviate and eliminate rail transportation issues is vital for ensuring efficient rail freight operations, cost-saving opportunities, and relieving your business from avoidable stressors, hiccups, and pitfalls.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

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

Freightos

MARCH 12, 2024

More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 113

Negotiating Skills Optimal Sourcing Demo Data 113

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

JANUARY 16, 2024

More Resources Home January 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 8% to $4,757/FEU.

Negotiating Skills 91

Negotiating Skills Optimal Sourcing Demo Data 91

Log-hub

APRIL 15, 2022

Then get that strategic mindset and holistic approach to understand IT as a buyer, go deeply into cost-to-serve understanding, and spread AI awareness in your market. An all-inclusive package of skills and tools has to go hand in hand with the top management of every company. Are you into this already?

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Software Optimal Sourcing 52

MTS Logistics

DECEMBER 18, 2023

As we approach the conclusion of 2023, the maritime shipping industry faces challenges that have impacted ocean carriers with declined profits and increased price-driven competition. Changing Carrier Behavior on Pricing The gap on the pricing policies amongst the carriers will further change. West Coast port labor negotiations.

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Negotiating Skills Price Reduction Industry Sourcing Strategies 100

Freightos

JULY 26, 2023

Blog " * " indicates required fields Email * More Resources Home July 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 62

Negotiating Skills Price Reduction Resource Reduction Data 62

Freightos

FEBRUARY 28, 2024

More Resources Home February 28, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices(FBX11 Weekly) fell 1% to $4,553/FEU.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Maritime 71

CLX Logistics

APRIL 26, 2019

The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. The convergence of high costs, limited capacity, emphasis on timely delivery and demand for greater supply chain visibility, made it a problematic year for shippers and carriers alike.

Optimal Sourcing 46

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 46

Freightos

SEPTEMBER 6, 2023

Blog " * " indicates required fields Email * More Resources Home September 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 97

Negotiating Skills Price Reduction Resource Reduction Material Savings 97

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU.

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103