Posts by mzugovic
How AI Is Transforming the Future of Freight Shipping
Artificial intelligence (AI) isn’t just powering chatbots or predictive text anymore. From personalized search results to automated insights, AI is reshaping nearly every corner of modern technology — and freight logistics is no exception. For shippers, the natural question is: What does this mean for freight shipping operations now, and where is it heading in…
Read MoreTips for Starting a Successful 3PL Relationship for Freight
Partnering with the right third-party logistics (3PL) provider goes beyond a simple service contract. It’s a collaborative relationship that can streamline and elevate your freight shipping operations. A strong 3PL becomes more than just a coordinator of shipping — they act as an integrated part of your team, working toward your long-term goals. With expertise,…
Read MoreChoosing Between Spot and Contract Rates for Freight Shipping
Shippers looking to save money on freight shipping have many avenues to explore to cut costs. That includes determining whether contract or spot rates are right for their shipments. Shippers that utilize less-than-truckload (LTL) and full truckload (FTL) shipping use both methods for different reasons and at different times. And whether we are in a…
Read More6 Benefits of Freight Consolidation Services (and How They Can Optimize Your Shipping)
For some shippers, freight expenditures are one of the highest costs in their logistics and supply chain operations. There are many complexities and considerations when moving products by freight, and selecting the wrong services and solutions can incur additional expenses. To reduce spending in this area, companies have looked for ways to improve efficiency, manage…
Read More7 Steps To Implement an Effective Reverse Logistics Process with a 3PL
Retail product returns can make a big impact on your bottom line. In fact, these returns account for an estimated $165 million in losses per $1 billion in sales.1 Without a proper reverse logistics strategy, your business could lose out on profits simply for not being prepared. But don’t worry — leading third-party logistics providers…
Read More8 Tips on How To Reduce Freight Costs
As a shipper, saving money and finding ways to lower freight costs are always top of mind when considering the services and solutions that you leverage for logistics. After all, protecting your bottom line is vital throughout your organization — shipping is no exception. It’s important to understand, however, that chasing the lowest less-than-truckload (LTL)…
Read More3PL vs 4PL: Layers of Logistics Explained
Learning the difference between a third party logistics (3PL) and fourth party logistics (4PL) as well as 1PL and 2PL , and the rise of even Fifth Party Logistics (5PLs) is both confusing and highly debated among those in the supply chain industry.
Read More9 Tips for Continuous Transportation Optimization
The goals of transportation optimization should include the reduction of costs and creation of greater operational efficiencies, all while increasing customer satisfaction. Not a small task, and one that requires constant analysis and monitoring. But luckily, you’re not alone. Trusted third-party logistics (3PL) providers like GlobalTranz offer managed transportation services, along with expert support and…
Read More4 Steps for Managing Your Freight Costs with 3PL Freight Services
In the freight industry, shippers of all sizes are constantly on the lookout for ways to manage their daily spend and how to reduce freight costs. Especially for those in purchasing and procurement roles, understanding how certain factors affect shipping costs across the board can be vital to career success. We’ve compiled some of the…
Read More10 Factors That Determine LTL Shipping Rates
In today’s increasingly competitive transportation marketplace, business shippers are always looking for creative ways to save on freight costs. However, with so many factors that go into calculating rates, it can be a challenge to determine the best freight shipping and transportation options for your bottom line. With so many contributing factors, less-than-truckload shipping rates…
Read MoreWhy Accuracy Matters in Your Bill of Lading
When it comes to freight shipping, the Bill of Lading is one of the most important documents shippers use. However, making sure that it is both complete and accurate can get confusing. That’s why we’ve addressed many common BOL-related questions below to help you feel comfortable and confident when booking your freight shipments. And, as…
Read More13 KPIs to Track With a Transportation Management System
Key performance indicators (KPIs) are assigned benchmarks for evaluating progress toward your company goals. For shippers, using your transportation management system (TMS) to establish and track KPIs is crucial to understanding the strengths and weaknesses of your shipping operations and optimizing for the future. Deciding which KPIs to track can be difficult. That’s why GlobalTranz,…
Read MoreCombining Lean and Agile Supply Chains for Top Results
As a shipper, you know the supply chain is complex and ever-changing with many parts along the way that can impact your bottom line and customer results. To make it even more perplexing, recent technology innovations — including augmented reality, artificial intelligence and other solutions — have created both opportunities and challenges for shippers who…
Read MoreTurn 7 Trends Into Warehouse Management Triumphs
As a shipper, you know all too well that every link in your supply chain is important. One breakdown along the way can lead to delays, unexpected costs and unhappy customers. That’s why it’s imperative that shippers analyze all parts of their supply chain for maximum success. That includes looking for innovative solutions to optimize…
Read MoreHow To Stay Ahead of Logistics Technology Trends (And Understand Where They’re Heading)
The shipping logistics industry moves and changes fast. That means companies of all sizes should consistently look for innovations to streamline operations. This includes looking for solutions to cut costs, deliver faster and meet customer expectations while simultaneously focusing on sustainability. As in most industries, advanced technology is often the solution to help solve the…
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