#cost-savings
(11 articles)Intermodal Shipping: Cost Savings and Supply Chain Efficiency
Intermodal transportation, which combines multiple transportation modes such as ocean freight, rail, and trucking, presents supply chain professionals with opportunities to optimize costs and operatio
Domestic Intermodal Hits Annual Peak: 21K Containers Driven by 31% Savings
Domestic intermodal container volumes have reached an annual high of 21,697 (7-day moving average as of late September), driven by historically elevated cost advantages that favor rail over over-the-r
Clarios Expands Battery Monitoring to European Fleets
Clarios, a battery manufacturer and connected services provider, is expanding its Battery Manager subscription platform to European commercial fleets following strong North American adoption. The comp
SONAR Launches AI-Powered Custom Insights for Shipper Data
SONAR has introduced SCI: Custom Insights, a new feature within its Supply Chain Intelligence platform designed to give shippers real-time visibility into their transportation network performance. The
SONAR Launches Custom Insights to Turn Shipper Data Into Network Intelligence
SONAR has introduced SCI: Custom Insights, a new analytics platform that integrates shipper-specific transportation data with market benchmarks to provide actionable network intelligence. Available ex
Dedicated Freight Corridors Could Save India ₹7 Lakh Crore
IIM Mumbai has published research demonstrating that dedicated freight corridors (DFCs) represent a transformative infrastructure opportunity for India's supply chain ecosystem. The study quantifies t
Hidden Cost Savings in Older Vessels Transform Shipping Economics
The shipping industry faces a significant opportunity cost as operators overlook the economic potential of aging vessel fleets. Recent analysis suggests that older cargo ships, often viewed as liabili
Freight Procurement Strategies for Capturing Savings in Market Downturns
As freight markets experience cyclical pressure, shippers face a critical window to restructure procurement strategies and renegotiate carrier contracts. When capacity softens and rates decline, suppl
Advance Auto Parts Saves Millions Through Strategic Carrier Rebidding
Advance Auto Parts has launched a competitive rebidding process for its carrier contracts, positioning the company to achieve significant cost reductions in its transportation spend, potentially tens
Advance Auto Parts Rebids Carrier Contracts for Tens of Millions
Advance Auto Parts is undertaking a strategic rebidding of its carrier contracts with the goal of realizing tens of millions in cost reductions. This procurement initiative reflects a broader operatio
Cut Transportation Costs With Combined Shipping Strategy
Combined shipping represents a straightforward yet effective approach to reducing transportation expenses in modern logistics operations. By consolidating multiple smaller shipments into unified loads