“It’s their time to make money,” said Patrik Berglund, chief executive officer and co-founder ofXeneta, provider of a freight-rate benchmarking and market analytics platform for ocean and air transport. Speaking at theTPM22conference late last month in Long ...
Image: HDT It’s becoming something of a thing in trucking for an existing motor carrier of any size to launch a side business to broker freight. Such a brokerage is typically set up as an independent entity that operates alongside but separately from its carrier sibling. Of course, an indi...
Market Rate IQ from C.H. Robinson compares your rates to the market average and pinpoints potential changes you can make to get more competitive pricing going forward.
To protect their bottom line, shippers need robust spend management tools. Leading logistics providers should offer advanced freight audit and payment solutions—from cost allocation to reporting—to ensure their customers aren’t paying a cent more than they need to. Benchmarking will also be critic...
Freight forecasters can monitor full truckload capacity with the outbound tender rejection rate (OTRI). OTRI measures the percentage of...
The COVID-19 pandemic has caused considerable disruptions to economies worldwide [1]. The surge in freight rates and labor market shortages negatively affect the global supply chains [2]. While COVID-19 has determined a change in the climate for business, it has also caused severe social disl...
As the fast fashion industry contributes heavily to greenhouse gases, the pioneers have adopted sustainability to curb the emission rate and shift to sustainable supply chain management. In his review, Wren [60] analyzed the present strategies that the fast fashion houses carry out to adopt ...
Growth in demand for containers shipping imports from China into Mexico in the first half of 2024 is further fueling suspicions it has become a “back door into the U.S.,” said Peter Sand, chief analyst for ocean freight rate benchmarking and intelligence platform Xeneta. “This route ha...
It gets high scores for its clean air – it leads all cities and regions surveyed for the report – for its large proportion of foreign-born residents, and low homicide rate, all of which are attractive to potential residents. Its ranking confirms that Greater Vancouver is one of the world...
(benchmarking). These indicators enable nuanced approaches that direct actions towards real priorities. They are not biased by a narrow local vision. The use of these comparisons is, however, tricky due to the possible diversity of measurements among several organizations. Only the important ...