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The road to freight management Hell is laden with poor freight visibility and outdated systems.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.”
Hire a trucking company article and permission to publish here provided by Saheer Gurjot.
For many, trucks are crucial vehicles. These crafts often prove vital to the efficient, safe, and smooth operation of numerous industries. When businesses in need require a truck’s services, they often turn a trucking company.
Heavy-Haul trucking article and permission to publish here provided by Saheer Gurjot.
Trucking might just be the one key thing that turned western societies into industrial powerhouses. The ability for one business to create goods in one area, and then have someone else in another area receive those goods without having to go pick them up, really revolutionized the way that societies operate.
It’s such an effective method that it hasn’t changed much even after all these years. Besides heavy haul trucking businesses actually getting better at what they do, with better equipment and quicker delivery times with advanced GPS routes, the principles are still the same.
If you operate a business that creates goods and needs to ship those goods out, you might not have any way of doing this and have had to rely on some expensive methods. Perhaps you would benefit greatly by going with a trusted trucking service.
Have you ever been extremely frustrated with a process at work? That was where we were six years ago. Our technology business, Horizon Technology, was being hindered by our shipping processes.
Our outdated manual methods were wasting a lot of time and money, which we attempted to solve by subscribing to a transportation management solution; however, we were sorely let down by the lack of customization. We couldn’t make existing shipping software work for our business, at least at a cost we could afford.
So we had to develop our own. As a technology company, we had the resources and experience. And we were so satisfied with the results, we brought our solution to market with a start-up known as FreightPOP.
This site, which operates out of Antibes, France allows people to take control over their business’ shipping and delivery needs. The website offers a place for people to come together and share information.
Right on the homepage of the website, people can see real customer reviews of companies. These detail the experiences people had with their chosen provider, and allows others to learn who to use, or not to use.
Freight shipping article, and permission to publish here, provided by Victor at excelsior.ph.
For companies trying to make a sale of their goods and services overseas, saving money on shipping expenses is a big thing. There are numerous ways that can assist a company in lessening the costs of shipping while increasing their profit and customer satisfaction at the same time.
If ever your shipping expenses are giving you a hard time to meet your target profit quota, you need to take note of some tips on how you can save money on freight shipping.
Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com.
The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever.
And according to a recent survey of logistics professionals, reported by Supply Chain 24/7, “A combined 61% of research participants indicated that improving forecast accuracy is either ‘important’ or ‘extremely important’ for their organizations. To improve accuracy, many are betting on new technologies like machine learning and demand sensing.”
Shippers, logistics service providers (LSPs), carriers and drivers need to know how optimization of freight is evolving in the wake of digital transformation, why it is more than simple freight mode analysis and its implications for maximizing supply chain performance.
Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com.
Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right.
In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements.
These are the must-haves for any effective freight sourcing team.
Value-added services article and permission to publish here provided by Daniel Choi.
The goal of supply chains is to add value to the manufacturing and distribution processes. Supply chains can be differentiated based on characteristics such as price, time reliability, and risk, depending on the markets and value chains they serve.
There have never been more product choices in the marketplace than there are now, thanks to globalization and technical developments in supply chain management.
Furthermore, whether purchased in a store or plucked right from their doorstep, buyers want to receive their products immediately and in excellent condition. That indicates that having popular products isn’t enough to guarantee success.
Today, they must also arrive swiftly, effectively, and in perfect condition, or you risk losing customers.
As most transportation of cargo and goods, whether in international waters or air space, involves multiple transit destinations and ports, logistics can be a complicated industry. Hence, it is always necessary to have a freight forwarder that can help in carrying out logistic operations.
A freight forwarder is an essential service provider, mostly for companies that are importing and exporting their cargo. This agent or company specializes in logistics and organizing shipments in place to transport goods.
However, the rise of competition amongst freight forwarding companies also gave emergence to fraudulent individuals who would take advantage of the situation. Freight forwarding has both good and bad sides, just like any other industry.