Posts Tagged: Tips

The World’s Flight Paths and Aviation Hubs

A recent article published by Visual Capitalist (written by Adam Symington and Carmen Ang) discusses the world’s busiest aviation hubs. According to the report, there are up to 8,755 commercial flights in the air at any given time of day. These flights transport thousands of people and millions of dollars worth of goods around the… Read more »

NMFC Changes effective December 17, 2022

NMFC-Guide-Book

The Freight Classification Development Council (FCDC) has discussed new amendments to the National Motor Freight Classification (NMFC®). These NMFC changes noted below are effective 12/17/2022. Subject 1 – Chemicals Group Subject 2 – Cloth, Dry Goods, Fabrics or Textiles Group – Moving ALL to an 11 tier density/class item Subject 3 – Beds or Cots… Read more »

Hawaii: An Ideal Hub for Trade

Hawaii is home to ten commercial harbors, eleven commercial airports, and roughly 2,500 miles of roads, making it an ideal hub for trade. In 2018, Hawaii exported $660 million of Made-in-America goods worldwide. The top contributors to the state’s economy are real estate, tourism, construction, and government, including the U.S. military. The island is now… Read more »

NMFC Changes effective August 13, 2022

NMFC-Guide-Book

The Freight Classification Development Council (FCDC) has discussed new amendments to the National Motor Freight Classification (NMFC®). These NMFC changes are effective 08/13/2022.  Some notable changes are listed below. Subject 1 – Flat Glass; or Glazing Units, glass, not in sash – Items 86700 and 86960 Subject 2 – Loudspeakers or Speakers – Item 62420… Read more »

How Logistics Plus Resolves Inventory Dilemmas

A recent article published by CSCMP’s Supply Chain Quarterly, written by Jonathon Byrnes and John Wass, suggests that implementing a balanced inventory management strategy is essential. The biggest question facing managers today is whether their supply chains should be just-in-time (low inventories) or just-in-case (high inventories). You can read the full article here: How To… Read more »

Shippers & Logistics Plus: Let’s Innovate Together

Accenture - 3PL Capabilities shippers want square

A recent article published in Logistics Management magazine and online at Supply Chain Management Review, written by Sara Banks from Accenture, suggests a strong collaboration between 3PLs and shippers can help to bring innovative solutions that will benefit both in the future. You can read the full article here: Time For Shippers & 3PLs to… Read more »

NMFC Changes effective April 9, 2022

NMFC-Guide-Book

The Commodity Classifications Standards Board (CCSB) has published a new supplement to the National Motor Freight Classification (NMFC®). These NMFC changes are effective 04/09/2022.  Some notable changes are listed below. Subject 1 – Cookware, Items for cookware made of different metals and alloys were all combined into one item (52880) with a full density class… Read more »

Global Logistics Trends to Expect in 2022

The Covid-19 pandemic has affected all parts of the global logistics industry. From the way we source raw materials to how final deliveries are made, the industry has changed forever. With an increasingly globalized world, the demand for logistics services is at an all-time high. Each year, the logistics industry undergoes significant change. As the… Read more »

2021 Logistics and Supply Chain Industry Recap

Covid-19 and a global shutdown left the world ready to put 2020 behind us. Little did we know, 2021 would take us for another wild ride. As the pandemic lingered and gained strength in unexpected places, it continued to interrupt supply chains worldwide. Production bottlenecks, volatile swings in pricing, and massive capacity shortages were just… Read more »

Addressing Rising Domestic Freight Prices

Rising Freight Costs

Anyone involved in domestic transportation now knows all too well that freight rates have been skyrocketing to historic levels. According to Transportation and Warehousing produce price indices tracked by the U.S. Federal Reserve, year-over-year industry-wide less-than-truckload prices have risen between 8-14% in recent months, and full truckload prices have risen between 20-30% (and diesel fuel… Read more »