7 major factors shaping carrier pricing
Carrier pricing strategies are a critical factor in supply chain management, influencing the costs for businesses that must transport goods. Pricing adjustments can appear sudden or arbitrary, but they’re typically driven by a complex mix of factors from market dynamics to customer behaviour.
Successful Black Friday logistics and supply chain planning
Black Friday and holiday season sales are a make-or-break proposition for many businesses. Effective Black Friday logistics and supply chain planning ensures that you're ready to capitalize on the busiest season of the year.
Explainer: what is load optimization in logistics?
At Cole International, we believe that the more you know, the better your goods will go. Our Explainer posts provide valuable information you should know about before making your next move. We understand that the logistics industry involves complex processes, regulations, and definitions that can be overwhelming to.
eManifest (ACI) requirements for commercial imports
Carriers and shippers can ensure a smooth journey across the Canadian border by utilizing the Advance Commercial Information (ACI) program's eManifest submission. In addition to advance Customs information, Canada Border Services Agency (CBSA) also requires advance cargo information for shipments for security.
How does a circular supply chain improve business sustainability?
Incorporating sustainable practices into your business is not only good for the planet, it can also boost your bottom line. More than ever before, consumers consider sustainability when choosing how they spend their money. According to a Nielsen report, 66% of consumers surveyed are willing to pay a premium for.
Cargo vs. freight insurance - choosing the right coverage for importers
Lost or damaged cargo is an unfortunate part of operating as an importer. In fact, up to 1,382 shipping containers are lost at sea each year with an estimated annual loss of more than $4 trillion. You can protect against losses if you have the right insurance for lost or damaged shipments.
Earth Day – importers, shippers and customs brokers can improve environmental sustainability
Earth Day serves as a reminder of our collective responsibility to protect and preserve the health of our planet. Individual actions like recycling and reducing energy use are important, but it's also vital to consider how businesses impact the environment through shipping and importing.
Shipping goods during spring thaw
Carriers shipping goods across Canada and the northern U.S. during spring can face difficult driving conditions and significant truck weight limitations. Rapid temperature changes during the spring thaw cause some roads to weaken, making them unsuitable for heavy freight.
The essentials of shipping your goods on time and on budget
Shipping your goods on time and on budget is critical to ensuring the success of your business. You probably don’t have the logistics capabilities of a giant like Amazon, so your business needs to figure out how to optimize shipping delivery time within a reasonable budget.
How will freight rates increase in 2024?
North American shippers and importers should expect freight rates to rise in 2024. A range of factors, from energy prices to geopolitical problems, will create disruptions to the freight industry throughout the year. Shippers across Canada and the U.S. should prepare to reduce the impact of projected freight price.
