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Freight Forwarder: Key Workflows and Technology

Altexsoft

Freight forwarders are intermediaries between shippers (manufacturers, wholesalers, or retailers) and carriers ( sea , air, and land transportation providers) that organize and coordinate the movement of goods across international borders. Freight forwarders are experts that boost global trade and international transportation.

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

Altexsoft

The recent Royal Bank of Canada (RBC) overview of global supply chains explicitly displays how bad port congestion currently is – and how it keeps getting worse. The study states that one-fifth of the global container ship fleet is stuck at various major ports. The ports of Los Angeles and New York are not far behind. Main terminal challenges.

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

Altexsoft

Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. 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 Rail fleet management main components. ETA forecasting.