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Freight Forwarder: Key Workflows and Technology

Altexsoft

In 2021, according to different studies, the freight forwarding market was valued at $186 to $192.5 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. What is a freight forwarder?

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing is a practice of setting a price for a product or service based on current market conditions. Would you consider fixed costs, competitor prices, or both?

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

Altexsoft

It’s important to carefully arrange all the pieces of this puzzle, set up the optimal loading/unloading sequence, and exchange messages with the carrier’s system to maximize the operational efficiency. The study states that one-fifth of the global container ship fleet is stuck at various major ports. 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.

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Solving 9 Business Problems with Micro Frontends

Modus Create

That’s often due to complex integration and build processes that take a long time to test, review, run, and roll out. Moreover, a monolith builds the entire system every time, even for minor bug fixes and improvements. Many relevant businesses have already migrated to micro frontends. What are Micro Frontends?