Supply Chain Visibility: Same Day/Next Day Shipping
E-Commerce is all the rage again (still?). Companies from Shopify, to Target, to Amazon are investing heavily in the coming years to expand their e-commerce logistics and fulfillment divisions. The goal is to increase their ability to meet demand for online purchasing with Same Day or Next Day shipping. Not only do today’s customers want access […]
Supply Chain Optimization: Strike While The Iron is Hot
Timing is everything. For the past few years, many companies have been in survival mode, weathering the supply chain storm that came with the Pandemic and heightened geo-political upheaval. But as the WSJ notes in their latest Logistics Report, the storm may finally be breaking. Businesses across various industries are starting to see an easing of […]
Supply Chain Solutions: Sight Beyond Sight
In the latest Logistics Report from the WSJ, industry experts are predicting that we won’t see a significant rise in freight demand until later this fall. The reason being that many retailers are still working through a glut of inventory stockpiled during the Pandemic. This coincides with the most recent edition of the Logistics Managers […]
Diversifying Your Carrier Portfolio
The idea of a ‘One-Stop Shop’ has always been tantalizing. For the vast majority of projects, knowing where to look for resources or services, and then managing multiple sources or partners, has always been the difficult part. The same is true in logistics. A simplified carrier portfolio has always been the Holy Grail for shippers. […]
Transportation Spend Management: A Comprehensive Solution
The last few years have been a roller coaster ride for many industries. But, due to a confluence of factors, the logistics sector in particular has had an especially rough time of it. And according to the Wall Street Journal, it doesn’t look like that is going to change any time soon. While some companies […]
Five Trends for 2023
In their December 2022 digital issue, Inbound Logistics identified five logistics trends that they predict will shape the industry in the coming months. Digitization, Data and Visibility: We have been at the forefront of the Digital Revolution for years now, and our advanced logistics platform, FreightOptics, provides unmatched levels of supply chain visibility. We’re excited by […]
2023 General Rate Increase
In a completely unsurprising move, UPS announced that their General Rate Increase (GRI) for 2023 will match FedEx’s increase of 6.9%. While the two national parcel giants historically mirror each other, what is surprising about last week’s announcement is the amount. For the past few years, both carriers have raised their rates by an average of 4.9% each year. […]
Parcel Forum 2022: 5 Key Takeaways
That’s a wrap! Parcel Forum 2022 concluded last week in Chicago, and the FreightOptics team was there to capture the latest and greatest news from all around the small parcel world. While getting to celebrate the 20th anniversary of the conference in person was amazing, for those that couldn’t attend, we wanted to provide a […]
Freight Optimization: It’s Bid Time
As we enter Q4, it’s time to Go Bid or Go Home. In the latest report from the Logistics Manager’s Index, transportation capacity continues to rise, as businesses sit on already overstocked inventories. Per the Wall Street Journal, freight rates are plummeting from the historic highs of the previous year, as ocean shippers cancel record […]
Innovation and Logistics
In a recent post, author and marketing expert Seth Godin explores the differences, as well as the synergies, between Innovation and Logistics. Here at FreightOptics, both of these concepts are near and dear to our hearts, so we wanted to chime in: Back in 2003, the desire for innovation in a stagnant logistics market was what […]