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Should I Work With a Third-Party Logistics Provider Offering Foreign Trade Zone Services?
As products continue to be sourced globally, companies that import goods are always looking for ways to make their supply chains more efficient. Working with a 3PL partner who also offers foreign trade zones (FTZs) can provide big benefits in the right scenarios. Q: What is an FTZ? A: An FTZ is a designated area, […]
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Facilitating a Software Switch
Q: We bought our TMS over 10 years ago and have upgrades coming up. We’re considering something cloud-based. What is it like to switch software? The last time it took one year. A: There are a lot of factors that play into this, but generally it’s a lot easier than it used to be. Even […]
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Avoid Pricing Pitfalls When Selecting a Logistics IT Solution
Q: One of the common gripes voiced by organizations implementing logistics IT solutions is that the solution ends up costing more than expected. Why does this seem to happen so frequently? A: The roots of this complaint can be traced back to improperly managed expectations during the sales process. Pricing between providers competing for the […]
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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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Leveraging Collaborative Logistics for Increased Visibility
Q: How can value chain partners cooperate to create and share efficiencies? A: Significant efficiencies can be realized across the supply chain when all stakeholders (enterprise, vendors, carriers) can collaborate in real time through a standardized logistics execution platform. This type of interaction is also known as collaborative logistics. The cornerstone of collaborative logistics is […]
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Improve Your Supply Chain’s Stability During the Next Procurement Event
Q: Why is now the right time to consider a transportation procurement event? A: The transportation industry consistently faces capacity volatility, demands for improved service, and relentless focus on cost containment. Two years ago, shippers witnessed on-time delivery fall as low as 80 percent while the spread between contracted and spot rates exceeded 25 percent. […]
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Georgia: Enabling Business Growth Through Collaboration
The business environment in Georgia is rich in everything a shipper might seek for responding to customers and competing in the global marketplace. From well-designed redundancies across intermodal shipping methods to creative solutions when the unexpected happens, Georgia’s logistics advantages can help shippers of all sizes and industries connect and grow. Shippers are the lifeblood […]
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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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Spring Clean Your Trade and Compliance Processes
This is the time of year when many of us begin our spring-cleaning projects around the home. Yet it is a good idea to also consider some spring cleaning of your organization’s trade compliance processes, perhaps dusting off some plans set earlier and readying programs for developments coming in the remainder of the year. Prep […]
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So You’ve Decided to Invest in a Global TMS – Now What?
The benefits of a Transport Management System (TMS) are well recognized, allowing users to replace separate management systems for their different logistical needs with an end-to-end solution that allows shipments to be booked in just a few clicks, saving vast amounts of time and money. It’s no wonder then, that so many companies are moving […]
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Transportation 2016 (And Beyond): The Old Rules Don’t Apply
Transportation is ever-evolving with current shipper concerns of growing truck driver shortages, severe capacity crunches, supply chain talent shortfalls, and tenuous customer service levels. Traditionally, shippers would pick up the phone to call a favorite carrier who would carry the load for an acceptable rate at the day and time requested. These manual transactions were […]
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What Effect Will 3D Printing Have on Logistics and SCM?
The worldwide market for 3D printing grew at a compound annual growth rate of 35.2% to $4.1 billion (USD) in 2014, according to Wohlers Report 2015. The industry expanded by more than $1 billion with 49 manufacturers producing and selling industrial-grade 3D machines. If 3D printing is going to have a major impact on how […]
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