In the world of shipping, time is money, especially now. Freight costs are soaring. Shipping is moving along at a crawl in some markets. And the current state of things seems most likely a surge, not a blip. ING does not see the situation improving significantly until 2023, when a major increase in ocean freight […]

Logistics industry experts and outside analysts have been urging ocean carriers to modernize their pricing methods for years. Then came 2020. The barrage of impactful events that rocked ocean shipping that year demonstrated that business as usual is no longer a viable option. The speed with which global happenings can transform shipping dynamics—rendering good deals […]

Ocean carriers who wish to implement dynamic pricing software have seen the future. Historic levels of demand, volatility, and global interconnectedness have created an ocean freight tightrope act—one that hard-to-predict supply chain hiccups stand ready to topple. With no slowdown on the horizon, it’s safe to say ocean freight shipping has entered a new era. […]

Enterprises in logistics and freight rely heavily on their sales reacting to market forces to manually set ocean freight pricing. This is rapidly changing as market volatility has required sales teams to figure out how to react faster, so as to not leave revenues on the table. In an ever-growing digitally-savvy industry, existing pricing strategies […]

Competing as a freight forwarder relies on competitive differentiation. Some freight forwarders work in niches, while others offer value-added services to distinguish their services. However, despite all this, the trappings of servicing customers in a deeply commoditized market is a struggle for freight forwarders trying to acquire new customers. Last year, we wrote about how […]