Bulk Freight Purchasing Platform

Material Handling and Logistics

Basin Commerce has introduced Conduit, a quoting and operations engine for buyers and sellers of raw materials

Making a perfect purchase match

Fleet Owner

The best way to ensure matching is a combination of e-invoicing, supplier portal and a cloud-based approval workflow solution

Scan Global to purchase IQS Group

Automotive Logistics

The purchase extends Scan Global’s activities within the automotive industry and, it claims, will allow it to take a leading role in Germany. The post Scan Global to purchase IQS Group appeared first on Automotive Logistics.

Russians drop US dollar for components purchases

Automotive Logistics

“I cannot tell exactly whether our producers have switched today to purchases in local currencies, because the number of our producers is too many. The post Russians drop US dollar for components purchases appeared first on Automotive Logistics.

Go all the way when looking to improve purchasing

Fleet Owner

Automating the entire procure-to-pay process will result in significant gains across the entire organization

Best Egg Will Broaden to Financing Purchases in 2018

Cerasis

EXCLUSIVE—Marketplace lender Best Egg will move towards financing consumer purchases, including home improvements, as it looks to expand in 2018, the company told Bank Innovation.

The benefits of eliminating dark purchasing

Fleet Owner

There are a variety of reasons why dark purchasing flourishes within an organization, including decentralization, lack of visibility and a dependence on manual systems

Transactional vs. Relational Purchasing for your Apparel Brand

Apparel Logistics

Billions of purchases are made around the world every day. These purchases fall into two major categories: transactional and relational. Read on to understand the differences between these purchases and what they mean for your organization. Understanding Transactional Purchases.

AIT Worldwide realises UK ambitions with purchase of freight forwarder ConneXion

The LoadStar

US 3PL AIT Worldwide Logistics has continued on its acquisition spree with the purchase of UK freight forwarder ConneXion World Cargo for an undisclosed amount. The post AIT Worldwide realises UK ambitions with purchase of freight forwarder ConneXion appeared first on The Loadstar.

Michael Druml takes on purchasing role at Magna

Automotive Logistics

Michael Druml (pictured) has taken over as vice-president of purchasing for Magna International Europe replacing Klaus Iffland, who has retired from the company. Here he oversees purchasing, along with managing supplier quality, logistics, materials handling, customs and distribution.

Kinaxia Goes North-East with Fresh Freight Group Purchase

Logistics Business Magazine

Kinaxia Logistics have announced their eleventh acquisition just months following their purchase of Manchester based AKW Global. Peter Fields commented: “So far, our purchases have been met with positivity from the pallet networks who fully understand the group’s strategic intent.

Purchasing Index Shows Manufacturing Slows to a Nine-Month Low

Material Handling and Logistics

Manufacturing Purchasing Managers’ Index slowed to 54.7 The seasonally adjusted IHS Markit U.S. in August, down from 55.3 in July. This is the weakest improvement since last November. The slowdown was expected by economists surveyed by Bloomberg.

Two factors that feed dark purchasing in your company

Fleet Owner

Dark purchasing doesn't just happen. There are things within your organization that allow dark purchasing to flourish

How small companies can benefit from group purchasing organizations

Fleet Owner

One way for small companies to increase their profitability is to join with others to leverage their buying power in similar products and services to achieve discounts they would not qualify for on their own

Ligentia Group purchases the business and assets of Air & Cargo Services Ltd

The LoadStar

Ligentia Group purchased the business and assets of Air & Cargo Services Ltd on the 13 December 2018. The post Ligentia Group purchases the business and assets of Air & Cargo Services Ltd appeared first on The Loadstar.

James Kemball purchases two Kalmar reachstackers

The LoadStar

Container transport operator James Kemball has purchased two Kalmar DRG450-65S5 reachstackers for its new multi-million-pound loaded container storage depot at the Port of Felixstowe. The post James Kemball purchases two Kalmar reachstackers appeared first on The Loadstar.

U.S. ports want tariff exemption on purchases of Chinese-built cranes

DC Velocity

AAPA also seeks exemptions on other types of container-handling equipment. Transportation

Two factors that feeds dark purchasing in your company

Fleet Owner

Dark purchasing doesn't just happen. There are things within your organization that allow dark purchasing to flourish

Freighter airline Swiftair continues its upward trajectory with purchase of Cygnus

The LoadStar

The post Freighter airline Swiftair continues its upward trajectory with purchase of Cygnus appeared first on The Loadstar. Spanish freighter operator Swiftair has added two 757Fs to its fleet following the acquisition of Madrid-based Cygnus Air, according to local media.

MPC eyes expansion into wider markets with purchase of bigger box ships

The LoadStar

The post MPC eyes expansion into wider markets with purchase of bigger box ships appeared first on The Loadstar. Emerging feedership owner MPC Capital has bought three secondhand panamax container vessels as it looks to expand into larger box ship markets.

YRC making ‘solid progress’ in Q2 but purchased transport costs drag down earnings

Logistics Management

YRC, which controls long-haul YRC Freight and LTL regional carriers New Penn, Reddaway and Holland, reported a slight dip in second quarter net income of $14.4 million on $1.33 billion revenue, compared with net earnings of $19 million on $1.26 billion revenue in the year-ago quarter

Kenworth offers $1,000 off to OOIDA members on sleeper truck purchases

Fleet Owner

Kenworth and the Owner-Operator Independent Drivers Association (OOIDA) have teamed up for the 16th consecutive year to provide a $1,000 savings to OOIDA members on qualifying purchases of new Kenworth sleeper trucks in 2018.

Bolloré Logistics expands in Scandinavia with purchase of Denmark’s Global Solutions

The LoadStar

The French shipping and logistics conglomerate said the purchase was part of a major drive to expand its presence in Scandinavia and develop trade with Bolloré operations in other regions of the world.

Schick to head production, logistics and purchasing at Schaeffler next month

Automotive Logistics

Andreas Schick is to become chief operating officer (COO) of tier one provider Schaeffler, responsible for production, logistics and purchasing, from April 1st this year.

Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

Sanctions can include boycotting purchases of a company’s products or services, or voting governments out of power. Business Improvement Procurement - Purchasing - SRMIf you have not yet tackled the question of ethics in procurement, now is a great time to start.

CMA CGM finalizes purchase of Containerships | Full Stories – Caption as the Content | Full

247 Customs Broker

CMA CGM finalizes purchase of Containerships. Click here to look at our new privacy policy. Continuing to browse will be taken as acceptance of this new policy.

Schick to lead Schaeffler’s production, logistics and purchasing from next month

Automotive Logistics

The post Schick to lead Schaeffler’s production, logistics and purchasing from next month appeared first on Automotive Logistics. Andreas Schick is to become chief operating officer (COO) at the supplier of components and systems for engines, transmissions and chassis.

DP World’s ‘one-stop shop’ ambition via purchase of Unifeeder is ‘a risky strategy’

The LoadStar

The rationale for the global port operator’s proposed $765m purchase of North Europe’s leading feeder and domestic container carrier from private equity group Nordic Capital has had analysts scratching their heads for the definitive synergy advantage ever since. The post DP World’s ‘one-stop shop’ ambition via purchase of Unifeeder is ‘a risky strategy’ appeared first on The Loadstar.

UPS to expand smart logistics network and purchase cargo jets

247 Customs Broker

The company intends to invest up to $7bn in the next three years to build and overhaul facilities, in addition to purchasing new aircraft and ground fleet vehicles. The company has placed an order to purchase 14 Boeing 747-8 cargo jets and four new Boeing 767 aircraft to provide additional capacity, helping to meet growing demand from the customers for its air services. The post UPS to expand smart logistics network and purchase cargo jets appeared first on 247 Customs Broker.

KAR looks toward future of fleet management with purchase of Stratim

Fleet Owner

"The winners in mobility could really take a page from the freight world." - Sean Behr, Stratim founder and president

CMA-CGM To Purchase U.S.Lines

Blog on Log

Lines is set to become the latest small-scale carrier to join France's CMA CGM Group after the Marseilles company announced today that a takeover agreement has been reached. Financial details of the deal were not disclosed. Lines was established in November 2003 after Ed Aldridge, a former APL and Sea-Land executive, and other managers bought the famous brand. The original U.S. Lines run by Malcolm McLean ceased trading in 1986.

The Unique Needs of the Consumer Goods Sector

Blue Grace Logistics

Others make their purchase in-store after engaging in online comparison shipping. In-store purchasing remains strong, but there is more choice for the consumer. Almost everything we touch or consume or use in society is a consumer good. Bicycles, refrigerators, jewelry, clothing, etc.

Deutsche Post DHL Group | Jun 13, 2018: DHL Express reveals purchasing habits of online shoppers

247 Customs Broker

DHL helps sellers navigate an increasingly international landscape, in which 70% of online buyers made a purchase from an international site in 2017, up 6% from a year earlier. “‘Where Everything Clicks’ reveals purchasing habits of online shoppers, including always important delivery preferences, and shows merchants how to use this information to increase sales.

Video 28

5 Ways 3PL Sales Has Changed and What You Can Do About It with Ann Holm

The Logistics of Logistics

05:51 – #2: Purchasing professional’s involvement. Worldview of customer is often shaped by purchasing process. Download the audio file.

3PL 212

Blockchain in the Supply Chain?

Logistics Management

Smart Contracts & Purchase Order Management

Opportunities grow as China opens its market

Automotive Logistics

Within five years, full equity restrictions will be lifted and China’s automotive market will open to global competition, which is an opportunity for the country and for the industry as a whole,” said Cai Jin, vice-president of the China Federation of Logistics and Purchasing, on the first day of the conference in Chengdu. The automotive industry is growing in line with that first quarter rate at 6-7%, a hard-won result given the increase in the purchase tax rate from 7.4%

How Much Is Your Pallet Rack Really Costing You?

Material Handling and Logistics

Hint: It may be more than the initial purchase cost

Tendering Techniques for the Hotel Industry

SIPMM Professional Publications

Purchasing refers to the process of ordering and receiving goods and services. Generally, purchasing refers to the process involved in ordering goods such as request, approval and creation of a purchase order record and ultimately the receipt of goods.

Choosing a Warehouse Location: 7 Critical Criteria to Consider

Cyzerg

Leasing or purchasing a warehouse is a major decision, and a wisely located warehouse can significantly enhance a company's ability to compete and effectively serve customers.

Rethinking The Core Carrier Strategy - Too Many Eggs in One Basket?

10xLogistics

On one end is full " auction " type purchasing where you put everything out to bid, almost constantly, and let the market adjust the prices. Amazon.com core carrier purchasing strategy sole sourcing strategy transportation USPSThere are two sides of a continuum in procurement strategies for transportation. On the other end is single sourcing where you don't bid anything and you partner with a core company. Close to sole sourcing is a strategy called " core carrier ".

Your Customers Buy Like You

The Logistics of Logistics

Imagine you are making a big purchase, something that you need to think about a little bit – something like a house, car, vacation, or college. They are going online and finding experts who give them insights and knowledge they need to make the right purchase.

Freight broker GlobalTranz sold to private equity firm Jordan Co.

DC Velocity

Firm purchased from investor consortium. Transportation

21st Century Sales Skills

The Logistics of Logistics

Have you ever been to place, maybe on a cruise or somewhere in China or the Middle East, where the marketplace is so crowded that you can’t decide what to purchase let alone from which stand? How do you stand out in a crowded marketplace?