Will The Supply Chain Be Able To Cope With The Recent Shipping Crisis?
The United Kingdom’s largest container port, Felixstowe, is going through one of its biggest shipping crises for the past few weeks. This is mainly due to the shortage of truck drivers in Britain, which has left several thousand containers stranded at the port. Consequently, this heavy congestion at Felixstowe has forced AP Moller-Maersk, the Danish […]
No End in Sight for the Shipping Crisis
The global pandemic has changed the face of buying and selling, demand and supply, and the result has been eye-opening. The global supply chain has suffered set-back after set-back. Products are in short supply, the workforce has been depleted, and the threat of the new Delta variant is only adding to an already difficult situation. […]
The Cost of Last-Mile Delivery
About two fifths of the overall logistics costs are associated with the last mile – Frost & Sullivan, The Growth Pipeline Company. What is the last mile? You will often find the term “the last mile” used in supply chain management and transportation. It basically relates to the final part of the journey, for instance, […]
Why is Freight Audit and Payment Important?
It would be nice if every freight invoice were accurate, because then you would feel comfortable paying the bill, without doubting that the details on the invoice are incorrect. However, that is not what happens. Inaccurate freight bills are more common than business owners realize. Depending on who you ask, 10-25 percent of freight bills […]
5 Supply Chain Tactics to Strengthen Your Shipping Business
Running a shipping business can be as great as it seems, but comes with its own set of hurdles. As a business grows, the challenge is knowing how to improve and optimize all facets of the company. One way of doing that is getting accustomed to strategies that help to strengthen your supply chain. Strengthening […]
How Does Brexit Impact on US Export Shipments?
When you’re striving to make a success of a business, you need all the help you can get, and that’s where data and analytics comes in handy. Shipping analytics provide useful information on business performance, and business intelligence which combines data tools, data mining, and data visualisation to help you to make factual decisions. Businesses […]
Can Freight Analytics Help You to Optimize the Busy Holiday Season?
The holiday season traditionally brings with it a surge in demand, and this year is predicted to be even busier. COVID-19 has resulted in less foot-fall on the high street, with consumers turning to online shopping to satisfy their shopping lists. This has led to the shipment of more parcels, and carriers are in high […]
Will the freight industry shake off Covid-19 in 2021?
Coronavirus has hit the world like a leaden sledgehammer and the reverberations are being felt the length and breadth of the economy and global supply chain. The volatile situation has resulted in ambiguity in terms of capacity, demand, and pricing. The World Trade Organization appraises a 9.2% decrease of global merchandise trade this year, but […]
UPS Adds Peak Surcharge and Increases Shipping Costs
The recent pandemic has played havoc with the economy, as small and large businesses struggle to survive. Many have turned to providing an online service, with customers happy to stay at home and order goods from the comfort of their own home. Companies are making money from online sales, but also face a hike in […]
Track Parcel Shipping Spend
Why You Should Track Parcel Shipping Spend With e-commerce currently booming more parcels are being shipped than ever before, and delivery costs can very quickly add up. Remain competitive and keep an eye on your expenditure by auditing your parcel invoices and tracking your parcel shipping spend. The Cost of Meeting Customer Expectations Successful businesses […]
