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Freight Forwarder: Key Workflows and Technology

Altexsoft

So in this post, we look at freight forwarders’ role in the global supply chain and discuss how technology can support their operations. Shippers can definitely arrange transportation of their goods themselves and save on the commission, but it often turns out that outsourcing it to professional freight forwarders pays off in the long run.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

Pricing tools evaluate a large number of internal (stock or inventory, KPIs, etc.) How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Would you consider fixed costs, competitor prices, or both? Pricing automation.

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Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

Compared to truck – its main competitor – train is cheaper (in the US it’s 4 cents vs 20 cents per ton-mile), more efficient (the record-breaking train was 682 cars and 4.5 So, let’s talk about how modern technology can help you manage your rail fleet. We can outline the following key aspects that rail fleet management embraces.

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Terminal Operating Systems: Main Features, Integration, and Providers Overview

Altexsoft

And while you as a terminal manager might not have power over global problems, what you can do is optimize your operations and implement technology to streamline workflows and decrease processing time. The study states that one-fifth of the global container ship fleet is stuck at various major ports. Main terminal challenges.