Found in 247 News & Content,
with a score of 0.65
…terms related to managing logistics via advanced technology. Transportation Management System (TMS) Let’s start with the basics. A TMS is software that collects data and tracks the processes associated with moving goods, both inbound and outbound, and across all modes of transportation including rail, air, surface, and sea. By replacing manual processes and paperwork with software, logistics teams are digitizing complex transportation functions to increase visibility. They can see and manage, in real-time or near real-time, what is happening, at every node in the network. They can gather and analyze data across the end-to-end logistics network to monitor for problems,…
Found in 247 News & Content,
with a score of 1.83
…this holiday season.” Rob Martinez, founder of San Diego-based parcel consultancy Shipware, told Logistics Management that not levying a peak season surcharge signals a turn counter to industry trends going back to 2020. “We find the pricing announcement somewhat surprising as PMG and CEO Louis DeJoy has previously indicated a desire to raise rates the maximum allowed at every opportunity,” said Martinez. “However, we’ll soon find out if this was a smart play to drive Q4 volumes. Frankly, not only did the announcement come late, but also in my opinion, it was made it too quietly. The Postal Service keynoted…
Found in 247 News & Content,
with a score of 2.00
…over the last few years has been about yield management. Thanks to advances in technology and data analytics, companies now have more information than ever about their customers and demand forecasts. They are using this data to make better-informed pricing decisions and implement cost-saving measures where they can. For example, we are seeing a trend toward surcharges for “high-cost delivery zones” or freight that is too big and bulky. “All of these firms are really focused to look at the characteristics of the freight and the parcel volume that they're handling and make more educated pricing decisions.” — Ken Adamo,…
Found in 247 News & Content,
with a score of 0.75
C3 Solutions’ Top 5 Yard & Dock Management Trends in 2023 With a looming recession and investors waking up to the costs of doing nothing to arrest the climate crisis, sustainability is the macrotrend that all forward-thinking yard and dock managers will be placing at the forefront of their supply chain strategy in 2023. Saving money and saving the planet will align in 2023. To bring the industry into line with the goals set out in the Paris MoU, supply chain executives and dock and yard managers will need to invest in modern yard management solutions as part of their…
Found in 247 News & Content,
with a score of 0.74
…a volatile and disruptive market? And are the transportation management solutions that have traditionally served logistics teams in the past capable of supporting today’s unique challenges? Here, I’ll discuss some of the key industry trends driving process change and technology strategy within logistics and transportation management. Logistics Management Q&A What are some of the key trends taking shape right now in the logistics management environment? A big trend taking shape these days in logistics management is the unification of ecosystems. Most businesses today operate as multi-party networks – each with its own teams, processes, and systems. When disruption became acute…
Found in 247 News & Content,
with a score of 2.56
…inconsistent rates, tight capacity, and short delivery time windows. Parcel management has its own intricacies, such as factoring zones and dimensional weight into the price tag. Parcel Management Q&A with Christine Taylor Sr. Director, BD for US, Canada & LATAM MPO, a Kinaxis Company Q. Why is parcel gaining attention now? A. Shippers and LSPs want to streamline connectivity and communications with their parcel providers. Accurate rating is one of their greatest challenges. Throughout my conversations with logistics executives, they regularly cite carrier invoices returning with a higher fee than what was quoted. The inability to recoup these costs amid…
Found in 247 News & Content,
with a score of 1.07
…the weight of these heavy annual increases, the major parcel carriers have again leveraged their duopoly of the industry and implemented widespread increases. With this new round of changes to shipping costs, Reveel put together another expert team to create a guide and analyze the increased surcharges and rates so you can know exactly what to expect in 2023. The Biggest Changes from Both Carriers The GRI FedEx and UPS announcements came at the end of September and mid-October, with a variety of surcharge updates and their multi-page rate breakdown documents coming out shortly thereafter. As with statements, PDFs, and…
Found in 247 News & Content,
with a score of 1.32
…to the customer. If you're thinking about using Reveel's Parcel Shipping Intelligence™ Platform to level the playing field with FedEx and UPS. the reveal software it's a no-brainer. Sign up for their free trial and you will start seeing the savings right away.” Reveel's Parcel Shipping Intelligence™ Platform Leverage our automation to synthesize your data, ship more for less, and reduce the time needed to identify issues and action items. Today, White Labs utilizes Reveel’s Shipping Intelligence® platform to audit their data twice a month to ensure they are on track to continually save money with constantly changing carrier shipping…
Found in 247 News & Content,
with a score of 2.15
…the field: shipping contracts are the legal documents between parcel carriers and shippers that detail the responsibilities, liabilities, rates, and variable fees associated with the shipping of packages between the two parties. This binding agreement also details when liability transfers from the shipper to the carrier and what will happen in case of damage, loss, or late delivery of the applicable shipments. Your Responsibilities as the Shipper in a Carrier Contract It’s a common misconception that shipping contracts only detail the terms and conditions the parcel carrier is to adhere. These documents detail your responsibilities and when you’re liable as…
Found in 247 News & Content,
with a score of 0.53
…Development with SMC3’s Joe Tillman In this podcast, Logistics Management Group News Editor Jeff Berman interviews Joe Tillman, Manager of Education Programs for SMC3. Listen Now! SMC3 Less-than-Truckload (LTL) Online Education LTL is an incredibly complex mode of transportation, and for supply chain novices, experience in the field isn’t easily gained. When longtime employees with decades of experience in the industry leave, a hole in the collective knowledge of their organizations opens up. The same holds true for upwardly mobile logistics leaders that change jobs. To fill this void, SMC³ has partnered with Logistics Training Center to provide the industry’s…
Found in 247 News & Content,
with a score of 0.70
…of transportation visibility as supply chain visibility. However, transportation management is just one small piece of the puzzle, one activity in the greater supply chain. But in a world where orders are often multi-enterprise and multi-tier, with various stakeholders and systems involved, supply chain visibility is a holistic, comprehensive approach that unifies all legacy systems, protocols, and procedures into one single source of truth, or supply chain control tower. True visibility, is also, therefore “multi-enterprise visibility.” Read the Article: What Is End-to-End Supply Chain Visibility? The Role of a Control Tower in Supply Chains In today’s fast-paced and volatile reality,…
Found in 247 News & Content,
with a score of 0.96
…their products/solutions indicated high regret. Acquiring the best transportation management system for your company’s present and long-term success is doable, but it requires a certain amount of due diligence and change in perspective. Here are the top five strategies that will help you get the TMS selection process right. 5 Tips for Choosing the Best Transportation Management System 1. Create a cross-functional team When you’re trying to solve critical pain points to improve operations and customer service levels, the stakes are high. Understandably, you want to move fast. But moving fast also means you risk making costly mistakes - like…
Found in 247 Companies & Businesses,
with a score of 3.83
CJ Logistics is South Korea’s largest total cargo delivery company, delivering over 5.28 million domestic packages a day. It has expanded its operations to include logistics and other transportation-related areas in over 32 countries, 137 cities, and 238 worksites around the world. CJ Logistics provides warehouse management, forwarding, customs clearance, transportation & delivery and parcel services.
Found in 247 News & Content,
with a score of 0.80
…to provide a real-time rating solution within e2open’s Transportation Management System (TMS) application. The Carrier Highlight innovation is a new core capability enabled by e2open’s multi-tenant environment that offers all shippers an instant comparison of real-time transportation rate options against both contract and spot rates currently available in their network. Uber Freight is the first preferred carrier partner showcased in the application. Through direct integration with Uber Freight’s digital freight brokerage, e2open dynamically compares real-time rates against existing network rates and provides 24/7 access with 100% tendered acceptance. E2open TMS users are presented with savings opportunities during shipment planning, with…
Found in 247 Companies & Businesses,
with a score of 3.98
Founded in 1997, Cerasis is a top North American third party logistics company offering logistics solutions with a strong focus on LTL freight management. In addition to expertise and focus around LTL freight management, Cerasis offers truckload freight broker services, parcel management, and end to end LTL eCommerce freight shipping solutions.