According to the Breakthrough linehaul rate forecast, we expect that freight demand will outweigh capacity availability. As this develops, shippers will continue to experience more variable rates in their network, increasing their overall transportation spend. High rates will likely extend through October...
Understanding freight shipping can be difficult for businesses. But here is everything you need to know! Check out our Ultimate Freight Shipping Guide.
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Cost Predictability: With a fixed daily hire rate, companies can better forecast and manage their shipping expenditures. This predictability aids in budgeting and financial planning, reducing the unpredictability associated with fluctuating freight rates in spot market dealings. ...
Japan's economy expanded by a much faster-than-expected annualised 3.1% in the second quarter, rebounding from a slump at the start of the year thanks to a strong rise in consumption and backing the case for another near-term interest rate hike. ...
The global B2B ecommerce market size is expected to expand at a compound annual growth rate (CAGR) of 18.7% from 2021 to 2028 (Grand View Research). Global online sales are forecast to reach 22% of all retail sales in 2023 (vs. 14.1% in 2019, Statista). ...
Logistics planning helps businesses reduce risk in a changing environment by allowing them to forecast trends and create plans to adapt to them. Because supply chains constantly change, many companies develop logistics strategies for particular product lines, geographical areas, or customer segments. It...
Freight traffic has regularly increased from 1994 to 2000 due to economic upturn. Thedecrease observed since 2001 is explained by a dramatic reduction of cargo traffic at 11 The right to carry passengers or cargo from a second country to a third country by stopping in one's own country. mai...
Break down the intimidating process of inventory planning with Week 5’s formulas and strategies. Kevin King will walk you through how to forecast your inventory turnover, when to place orders based on your product space and sell-through rate, and how to estimate reinvesting cash from your bus...
Written By: Rachel Hand Rachel is a Content Marketing Specialist at ShipBob, where she writes blog articles, eGuides, and other resources to help small business owners master their logistics. Read all posts written byRachel Hand Just for you ...