Vital role article and permission to publish here provided by Amy Fletcher.
“Shippers, carriers, wholesale vendors, and others in the supply chain are concerned about the performance of the freight logistics system because highway, rail, and port operations affect their costs and profits,” state experts in the report Measuring the Transportation System from a Supply Chain Perspective, highlighting the importance of transport to a host of industries.
Indeed, economic growth and competitiveness cannot be achieved without efficient transportation, since it enables logistics to bring its advantages into full play.
Minimum load for trucking article and permission to publish here provided by Saaed Darwish.
While you can find many supposed intellectuals kicking around a ball about what really made western society great, almost anyone is going to agree that modern western civilization would not be where it is today without the use of trucking.
Inventions were great, and assembly lines and the Industrial Revolution were truly spectacular. Still, it was the ability to ship goods throughout the land that really ushered in modernity in ways that we never thought were possible before.
All of this was enabled due to hard-working truckers out there driving across the country to deliver their freight.
Anyone in Supply Chain has likely heard the phrase “Incoterms”, certainly if you are involved in Freight and Logistics management, or perhaps in Finance.
Even if you haven’t heard of “Incoterms” you are more likely to have heard of terms like “Ex Works”, “Free on Board” or FOB, or “DDP” (Delivered Duty Paid, amongst others. These, and more, are called Incoterms.
But for those who are unfamiliar with all of these acronyms and definitions they can be quite confusing and difficult to understand.
In this article we will endeavour to provide more clarity on what Incoterms are.
Trucking companies article and permission to publish here provided by Saeed Darwish.
A trucking company’s primary purpose is to transport full-truckloads of goods from one location to another. It is no surprise that most people think truck companies offer no other services to their customers. This is a sad, not to mention costly, mistake.
Improve Logistics Management article originally published by, and permission to publish here provided by, Victor at excelsior.ph.
Logistics refers to the detailed coordination of a complex operation that involves people, facilities and supplies. In the world of business, logistics is the practice of managing a certain flow of things between the point of origin and point of consumption in order to satisfy the needs of customers and operations.
Many enterprises today tend to pay a lot of attention to the way of how they manage logistics because it basically helps them to increase the value of their business. Logistics have the capability to enhance the merchandise and make the products much more accessible. Additionally, the economy of a country depends heavily on the efficiency of logistics to support the stable movement and flow of many economic operations.
Logistics management is one of the most vital components of business operations as its result often brings a significant impact on the internal processes as well as relation with customers.
The transportation industry has seen a rapid influx of interest and growth over the last several years, and this includes the professionals who work as intermediaries between shippers and carriers.
Licensed freight brokers operate around the country in various markets, helping make the transport of goods a reality for their customers. Currently, more than 17,000 freight brokers work in the United States, either as independent businesses or as part of a team.
However, not all freight brokers experience the same degree of success in their profession.
Freight Management services article and permission to publish here provided by Saheer Gurjot.
According to Steele’s Transportation Group, freight management services help companies more efficiently move freight from one point to an end destination. This cost-effective, strategic process involves the use of a variety of transportation modes, technologies and intermediaries.
Through these services, you gain the expert logistical and supply chain support your company needs. You also gain access to a variety of physical assets, such as warehouses, distribution centers, trucks and technologies.
Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com.
Truckers and shippers have real fears over the effects and long-term impact of the supply chain coronavirus disruption. The coronavirus, also known as COVID-19, continues to change basic supply chain functions.
UPS and FedEx both have released statements professing their need to continue shipping as an essential business, but it will be harder for smaller, more local carriers to keep up with their pace. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor, “up to 5,000 tons of cargo in air freight from China to the U.S. have vanished per day.”
The entire situation seems to be on track to a worsening, and shippers need to understand that the supply chain coronavirus is having a worldwide impact that will undoubtedly continue for the coming weeks.
Fleet management costs article and permission to publish here provided by Bryan Christiansen.
In principle, it sounds simple. If an organization finds a way to reduce operational costs, it can lead to savings that apply directly to the bottom line. In virtually any business, there is usually more that can be done in an organization through a deeper dive into fleet operation.
Here are 5 ways that a company can reduce operational expenses for fleet management.
Shipping Damage article and permission to publish here provided by excelsior.ph.
Shipping damage can cost any business owner a significant loss in annual gross sales. Although it can be prevented, damages on shipping can happen more often and might bring a series of detrimental effects for both the buyer and the seller.
The reputation of a brand also relies heavily on its capability to secure its products during the shipment process. For exporters, as well as those who own an eCommerce business, maintaining the pristine condition of each product before it reaches the customer must always be a priority.
Freight Management Hell article originally published by, and permission to publish here provided by, Adam Robinson at cerasis.com.
The road to freight management Hell is laden with poor freight visibility and outdated systems. Failures within freight data visibility contribute to compounding consequences throughout downstream supply chain operations, and the problem only grows worse from there.
Yet, many continue to operate with blind ignorance of the real problem—limited visibility.
“A recent benchmark study by ‘American Shipper’ called ‘A Clear View of Supply Chain’ asked supply chain decision-makers which transportation and logistics challenges are most critical to their enterprises. Underscoring the rising importance of freight visibility, nearly three-fourths of respondents cited visibility, coming in second only to cost reduction.
Those that prioritize freight visibility will have a competitive advantage over those that do not.”