Freight

How to Reduce Freight Costs – Key Tips Many People Miss

How to Reduce Freight Costs – Key Tips Many People Miss

Are rising freight costs affecting your bottom line? Managing these expenses can be tricky, but with the right approach, you can make significant savings. Pooling your freight needs across different branches or divisions can lead to better rates. By consolidating shipments, you can increase your volume with a single carrier, securing more favorable terms…

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Freight Rates & Reducing Your Logistics Costs

Freight Rates & Reducing Your Logistics Costs

Focusing solely on the freight “rate” can be misleading. When people try to lower freight costs, they often overlook crucial factors. Truly understanding freight rates involves looking at rate structures and consignment profiles, which your freight carrier already considers. By analyzing these elements, you can identify opportunities for significant savings…

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5 Supply Chain Fixes for 2023

5 Supply Chain Fixes for 2023

With supply chains always evolving, you can’t afford to take your eye off the ball when it comes to management and efficiency. One minor oversight can quickly lead to bigger issues down the line. By staying proactive and looking for areas to improve, you’ll keep your supply chain on track. The need for new or upgraded warehouses is on the rise. Many companies are facing unprecedented demands for space…

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Ocean Freight Future Trends with Trent Morris

Ocean Freight Future Trends with Trent Morris

Have you considered the future possibilities for ocean freight and global logistics? In this rapidly evolving field, being informed about trends is a must for those on the front lines. Technology, especially in infrastructure, is driving everything – ships, ports, you name it. The major focus we heard repeatedly was achieving carbon neutrality by 2050, as mandated by the International Maritime Organization (IMO). Some companies are pushing for 2030 as a midway goal…

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Ocean Freight 2023 Update with Trent Morris

Ocean Freight 2023 Update with Trent Morris

The shipping industry faced huge disruptions due to the pandemic, particularly with soaring demand, especially in e-commerce, and a massive rise in ocean freight rates. From 2020 to 2021, rates increased by up to 50%, and service reliability dropped. However, we’re starting to see things return to normal. Rates are stabilizing, with predictions that they’ll eventually settle to levels seen in 2019, with minor fluctuations based on market factors…

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