Rising ocean freight: What should you prepare for in 2022
As we are halfway through the first quarter of 2022, the supply chain continues to struggle to deal with several old and new crises. In particular, dealing with the increasing ocean freight rates has become a major challenge. Many shippers are searching for ways to navigate this crisis, which is here to stay for at…
Four data insights critical for smoother logistics
What if you could bring down your average response time to supply chain disruptions from months or days to mere minutes, say up to 90% faster than before, wouldn’t you be embracing that possibility immediately? And what if you already have half the solution in hand and only need to work on getting the other…
Freight Negotiation With Shipping Companies: A Smart Approach
Whether you are a big company with thousands of shipments per month or run a small business with few shipments occasionally, efficient freight negotiation with shipping companies is crucial to your bottom line. If done right, it is the simplest way to drive cost savings every time you ship. Being in control of how much…
Ten ways to reduce freight costs immediately
For organisations that ship goods internationally, shipping cost accounts for a significant expense and its dynamic nature makes it close to impossible to spot opportunities for driving cost savings. Especially for businesses that are inventory intensive, logistics cost plays a crucial role in determining profitability. However, there are several practices you can deploy to beat…