Truckload linehaul rates fell 1.3 percent from February to March, compared to an average month-to-month decrease of about 0.6 percent. Year-over-year, rates are up 3.9 percent.
Most procurement functions are covering the basics of incorporating corporate social responsibility (CSR) processes, but this effort is more tactical than strategic. According to a recent Procurement Leaders study, 82 percent of procurement functions have managed to include CSR in their supplier selection and evaluation criteria.
For decades, governments and companies around the world have focused almost exclusively on tariffs as the biggest impediment to global trade. Despite tariffs dropping to a 30-year low, reform efforts have stalled in recent years and international trade remains seriously constrained.
Breaking down functional silos to create transparent and responsive end-to-end supply chains has long been an intractable supply chain challenge, but many companies are finding success using a control tower concept that gets everyone working off the same plan and focused on the same outcome.
The National Retail Federation estimates that nearly $9bn was lost by merchants in returns fraud in 2012. And according to a report from ThreatMetrix, online fraud resulted in about $3.5bn in lost revenue in North America last year.
UHC announced that its member academic medical centers achieved record supply chain savings and value of $400m in 2012. The saving amount represents five percent of UHC members' record aggregated spend of $8.1bn and includes cash returns as well as operational savings.
While it can't be said that every company has tapped into web-based transportation management systems, such applications have been around long enough to no longer qualify as new - and their presence in the enterprise is growing. Is it fair to say that traditional TMS software has been overtaken by web TMS? Perhaps not, but such online, hosted or on-demand systems are proliferating. They are quick to deploy in most cases, they are highly scalable and the faster-time-to-ROI argument hasn't hurt web-based TMS adoption either.
The giant producer of alcoholic beverages lacked visibility of its prepaid ocean shipments and carrier performance levels. It sought a single platform for managing the flow of goods from the factory all the way to destination.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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