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Key Factors Shaping World Trade and Global Logistics
By all accounts, 2016 will be a year in which major agreements and more open markets will shape world trade and increase the global logistics that move commodities to manufacturers, and finished goods into the hands of consumers virtually everywhere on the globe. From the Trans-Atlantic Trade and Investment Partnership (TTIP) and the Trans Pacific […]
Read MoreThree Imperatives for Managing Carrier Rates
As the annual freight rate contract negotiation process is underway, it is imperative that shippers fully evaluate options across carriers utilizing knowledge of historical changes and past performance in their trade lanes. The complexity of freight rate contracts places a strong burden on shippers and NVOCCs to comprehensively understand the proposed rates and surcharges, including […]
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Crossborder E-commerce Into the U.S. Just Got A Lot Easier, U.S. Retailers Should Take Note and Plan Accordingly
E-commerce retailers worldwide are celebrating the passing of a new bill, which sees the U.S. de minimis rate increase from $200 to $800. Below the new threshold, the U.S. does not require any formal customs procedures, and no duties or taxes need to be paid by the consumer. This creates a huge opportunity for e-commerce […]
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Advantages of Partial Truckload Shipping
Less-than-truckload (LTL) and full truckload transportation are regularly discussed, but an often overlooked mode is partial truckload, or volume LTL. This mode has benefits shippers should consider when looking for faster transit times, less handling, and a more cost-effective solution. Logistics professionals begin to look at partial truckload or volume LTL as an option when […]
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Accelerating Enterprise Logistics With Top-Tier Multi-Modal Solutions
Logistics has evolved into a strategic business concern—from a back office function to a boardroom agenda item—and as a result, enterprises now seek 3PLs with multi-modal capabilities for complete end-to-end integration. By linking all transportation modes, enterprise shippers leverage the entirety of the supply chain to achieve economical logistics performance. Today, it is important for […]
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Education, Outreach Keys to Changing the Face of Supply Chain
The supply chain has an image problem. Although modern operations no longer resemble the dark, dirty, stagnant facilities of the past, we’re still challenged by that popular perception. In reality, supply chains are global enterprises led by a diverse group of professionals who routinely utilize innovation, creativity and smart thinking to drive operational efficiency as […]
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It’s All About Risk: The Case for the Cloud
Use cloud software, buy enterprise software, or write your own—which is the best choice for your company? Companies in the transportation business traditionally bought enterprise software or built their own. That has changed. Over the last 10 years, cloud software has become a popular alternative, and for good reason. It’s the choice that exposes your […]
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A Five-Step Blueprint for 3PL Success
Companies are always on the lookout for ways to enhance their supply chain operations and make them more efficient. But 3PLs, in particular, face the unique challenge of regularly improving how they work with shippers, and, in the face of regular rate increases, finding new ways to reduce freight costs to keep prices down for […]
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Multinational Diversity Drives Measurable Success in Logistics Operations
The logistics industry is international by its very nature. Logistics providers—particularly freight forwarders—manage relationships with companies around the world as shipments are moved globally. As a result, the United States is more diverse than ever before, which presents an opportunity for companies to partner with a logistics provider that hires staff from many countries and […]
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Using Data Analysis to Minimize Transportation Costs
In today’s data-rich world, the logistics industry as a whole is surprisingly behind the times. It’s been said that there are two ways to increase profits: raise prices or reduce expenses. Moving product around spends money. Whether a shipper is taking inbound deliveries of raw materials or sending a finished product to an end user, […]
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