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Think Tank
Transportation Management: Page 10
Navigating Transportation Management Procurement in 2024
Currently, it’s a shipper’s market. The quantity of freight in circulation is low, providing shippers with leverage. Transport companies are dropping rates to attract business.
Solving the End-to-End Visibility Challenge
Currently, the majority of companies do not use any technology to monitor their supply chain performance. The correct technology, enabling integration between solutions and data, is the key.
Bulk Carrier Banned from Australian Ports After Being Abandoned for Months
The Liberian-flagged KMAX Leader bulk carrier is being towed back to the Philippines after arriving at the Port of Gladstone in October 2023 and remaining there for five months.
Naval Escort Helps CMA CGM Ship Pass Through Red Sea Despite Recent Attacks
The EU announced February 19 that it plans to begin its own naval missions to protect shippers passing through the Red Sea.
China-U.S. Average Container Leasing Rates Up Threefold Since November
An industry expert from a Californian freight forwarding company said they anticipate organizations will have to deal with equipment shortages due to vessels being rerouted away from the Red Sea.
Oracle Unveils New Supply Chain Logistics Tools
The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.
How Automated Tendering Improves Transportation Management
As capacity tightens with the continued rise in demand, digitizing tendering processes within transportation management systems will grow in popularity among shippers.
Strengthening Freight Networks Amid Mounting Geopolitical and Climate Pressures
The transportation sector faced significant challenges in 2023, including rising operational costs that impacted each step in the supply chain.
Breaking Down Planning and Operations Silos to Smooth Transportation Flow
No longer can companies afford to have silos, even those that have existed for many years. And it will be technology that breaks them down.
Don’t Let Your Transportation Data Go to Waste
While a TMS can provide access to operational and market data, effectively utilizing that information to optimize supply chain operations goes beyond simply implementing the right technology.
What Can Shippers Do When Their LTL/TL Carriers Go Out of Business?
Shippers should have contingency plans in place, maintain flexibility in their logistics strategies, and regularly assess their carrier partners' financial stability and performance.
Driving Efficiency and Excellence with the Latest Innovations in TMS
Expect the next generation of TMS to help provide consumers with even faster delivery speeds, and businesses with greater volumes of information, better recommendations and more accurate predictions.
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