The tool allows carriers to bid on available shipments and receive notifications letting them know if their bid is denied, accepted, or if a counteroffer has been made.

True partnerships, we’ve learned, lie at the heart of countless profitable ventures. That’s especially true in supply chain management.

Sudden growth caused by an acquisition led Olympia Chimney Supply to seek help in selecting a third-party logistics provider to manage the transition, while consolidating its newly expanded distribution-center network.

In this environment, for retailers to compete, they need to give customers a full menu of delivery options to fit their preferences at the point of purchase, each and every time.

Post-pandemic, with consumer demand faltering and new shipping capacity coming into play, is power swinging back into the hands of shippers? 

Eric Rempel, chief innovation officer at Redwood Logistics, says the modern fourth-party logistics provider offers a finely honed logistics platform as a service.

It’s easy for supply chain professionals to view staffing and scaling as a binary decision. But reality calls for a more nuanced approach.

Healthy cash flow is essential to establishing strong vendor relationships, seizing growth opportunities and maintaining financial stability.

Trafigura said it expected to lose nearly $600 million due to “systematic fraud” perpetrated by businessman Prateek Gupta, according to legal filings seen by Bloomberg.

Shippers and logistics services providers are looking for technology tools to meet the requirements of today’s market.