Demurrage & Detention: The Cash Opportunity of Logistics

Posted by Chester Yavari on Fri, Mar, 24 2017 @ 10:02 AM

"Free time" is often viewed as a luxury that we as human beings look as a time of relaxation, however in the world of global trade it costs about $35 million dollars in demurrage and detention, which are completely avoidable and preventable fees. These fees result in delayed deliveries and payments, lost sales, and lack of product availability for organizations facing congested ports and poor data analytics to help avoid these fines.

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Topics: Rate Management, Contract & Rate Management, Transportation Management

Video Series Chapter 4: Logistics

Posted by Joe Gabro on Wed, Sep, 21 2016 @ 10:15 AM

Continued from Chapter 3: Risk & Quality Management

Transporting goods internationally requires a carefully coordinated approach. Multiple hand-offs and responsibilities across borders and trading partners add both cost and complexity. If you don’t have the right processes in place (and the tools to support them), your bottom line will suffer.

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Topics: Rate Management, Contract & Rate Management, Transportation Management, Supply Chain Visibility

Trek Bikes Streamlines Global Trade Operations with Amber Road Solution

Posted by Kelsey Barker on Thu, Aug, 25 2016 @ 9:30 AM

Trek Bikes, a major bicycle and cycling product manufacturer and distributor, has shifted its supply chain visibility and product classification into high gear with Amber Road's Trade Automation solution, aiming to lower landed costs and manage global trade.

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Topics: Contract & Rate Management, Supply Chain Visibility, Product Classification, Order and Shipment Visibility

Solving the Global Transportation Puzzle: Strategies to Optimize Profits

Posted by Colleen Bush on Tue, Aug, 2 2016 @ 12:44 PM

Every U.S. organization involved with global transportation management is faced with what seems to be an ever-shifting puzzle of regulations, compliance hurdles, and carrier networks that are now stressed to balance capacity, costs and service.

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Topics: Rate Management, Contract & Rate Management, Transportation Management

Upcoming Webinar: How Bolloré Logistics Expedited Rate Quotes and Reduced Transportation Costs

Posted by Colleen Bush on Mon, Jun, 27 2016 @ 1:35 PM

Global transportation isn’t getting any easier to manage, especially for non-vessel operating common carriers (NVOCCs). Faced with uncertainties like surcharges—but needing to remain competitive when bidding against other providers—NVOCCs need the right mix of historical data, data intelligence, and technology support to make quick and effective decisions in the changing global market.

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Topics: Rate Management, Contract & Rate Management, Transportation Management

Upcoming Webinar: Are You Prepared for the SOLAS Container Weight Rule?

Posted by Colleen Bush on Fri, Jun, 24 2016 @ 9:00 AM

July 1 is the day of reckoning for millions of global supply chain stakeholders as the SOLAS Verified Gross Mass (VGM) rule goes into effect. Are you prepared to comply with the new regulation?

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Topics: Invoice Management, Contract & Rate Management, Transportation Management

Best Practices in International Logistics

Posted by Colleen Bush on Thu, Aug, 20 2015 @ 1:47 PM

In this era of globalization, it’s no surprise that companies are moving their operations to low cost suppliers. However, many of these organizations are finding that higher than expected transportation expenses end up outweighing the benefits. In fact, according to Aberdeen Group research, international shipments cost twice as much, take five times as long and have five times more variability than domestic shipments.

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Topics: Invoice Management, Rate Management, Contract & Rate Management, Transportation Management

OHL Optimizes International Contract Management with Amber Road

Posted by Kelsey Barker on Thu, Apr, 2 2015 @ 9:30 AM

OHL, a leading global third party logistics provider (3PL), has renewed its license of Amber Road’s International Transportation Management solution (ITM). The enterprise solution enables OHL to effectively manage its international portfolio of service contracts, service agreements, rate sheets and variable carrier accessorials.

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Topics: Landed Cost Calculation, Amber Road News, Contract & Rate Management, Carrier Selection & Booking, Transportation Management

Upcoming Webinar: Where Are Your Freight Transportation Rates Headed in 2015?

Posted by Colleen Bush on Fri, Jan, 16 2015 @ 11:44 AM

According to a Logistics Management panel of top economic and transportation market analysts, freight transportation rates will most certainly see incremental gains across the board in 2015. And to keep even the smallest increases in check, the panel adds that it’s now imperative for the savviest shippers to control total landed costs by using a variety of modes—and to use that mix to its fullest advantage.

Are you prepared with the modal mix that will keep freight increases in check?

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Topics: Webinars, Amber Road News, Contract & Rate Management, Carrier Selection & Booking, Transportation Management

Digital Shipping Platforms Save $684M in Errors

Posted by Kelsey Barker on Wed, Jun, 25 2014 @ 9:49 AM

The shipping industry has finally started to go digital. Until recently, if you wanted to ship a container from San Francisco to Hong Kong, you had to place an order over the phone. with a person on the receiving side. However, those people taking the ordersmake an error 20% of the time, which costs the shipping industry about $684 million a year, according to Ocean Audit, Inc. 

To cut down on shipping entry errors, many companies have turned to digital platforms offered by software firms like Amber Road, or carriers like A.P. Moeller-Maersk A/S.

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Topics: Contract & Rate Management, Carrier Selection & Booking, Transportation Management