In the e-commerce shipping sector, the efficient use of time can significantly impact business success. In an industry where time often equals money, moving goods quickly and reliably is crucial for customer retention and cost optimization.
In an effort to address some of the frequent pain points of small parcel shippers, Delta Cargo and SmartKargo have partnered to create DeliverDirect, a practical solution for small parcel shippers.
Delta Cargo’s DeliverDirect, powered by SmartKargo,...
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By Rob Haddock
What’s the value in being a shipper of choice?
Why should customers care about the...
https://www.freightwaves.com/news/viewpoint-why-it-pays-to-be-a-shipper-of-choice
After the strained capacity the industry experienced in the previous freight cycle, for shippers, the current stability offers a time to reflect. But they shouldn’t get too comfortable.
Looking ahead, freight patterns will inevitably shift, and the question on everyone’s mind is when the market will turn once again. Given the challenges their supply chains went through in recent memory, shippers should be preparing the groundwork now for when market rates do increase and capacity tightens.
Current...
Millions of packages are shipped daily across the U.S. in a massively intricate web of supply chain ecosystems.
At the company level, shippers deal with highly complex supply chains of their own. For example, a retailer may send thousands of orders daily across the globe, and all of these orders have variable requirements that must be considered before products can ever leave a warehouse.
A shipper must consider factors like:
https://www.freightwaves.com/news/what-it-takes-to-streamline-shipping-operations-and-control-costs
The future of procurement is real-time. Historically, the procurement process has involved shippers securing quotes from carriers through the bidding process, with carriers putting forward rates and shippers choosing based on the best provider and price. However, whether bidding is done through RFPs or spot auctions, traditional methods leave money on the table.
In the six years since its inception, Uber Freight has demonstrated that automated, instant load procurement for transportation service...
https://www.freightwaves.com/news/5-things-shippers-should-know-about-real-time-freight-procurement
Jitendra Bhonsle, writes for Marine Insight on Differences And Correlation Between Spot Rates And Contract Rates in Shipping.
Focus in the shipping industry and amongst exportersEver since the start of Covid, there has been a lot of focus in the shipping industry and amongst exporters on the relative developments in spot rates and contract rates.
What has given rise to these discussions is the steep increase in spot rates in the months succeeding the spread of the...
https://mfame.guru/differences-and-correlation-spot-rates-and-contract-rates-in-shipping/
Loyalty to a trusted brand may be noble, but blind brand loyalty is dangerous. In retail, how often do consumers stick to a brand simply because it’s the name they hear the most — through advertisements, habits, traditions, fill in the blank? It’s only when they start asking the right questions, instead of blindly following traditions, that they realize maybe the big, established name brands aren’t actually the best choice.
In terms of the trucking industry, carriers are obviously essential for...
https://www.freightwaves.com/news/how-should-small-package-shippers-choose-delivery-partners
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As historic inflation slams the U.S., consumers are flocking to bad beer and Walmart-brand cream...
The freight market is a pendulum – and when it swings, it may be the buyers or sellers of capacity that now have the power in rate negotiations. Ever since the summer of 2020, trucking companies have largely held all of the power in rate negotiations, based on their ability to squeeze their shipper customers for rate premiums.
If the trucking firms didn’t get a rate increase in a contract rate negotiation, they would simply move the capacity to the spot market to exploit market conditions and...
https://www.freightwaves.com/news/shippers-revenge-is-coming-for-truckload-carriers
