NYSHEXBlog
4 Ways to Optimize Allocation and Reduce the Cost of Non-Performance
Come foggy waters, a lighthouse can guide a ship safely to port. In logistics, visibility is vital, and we’re not talking only about navigation. Poor visibility with freight allocation leads to mediocre optimization, with valuable space wasting away unused or shipping times slowed as carriers wait for holds to fill up. The result? Inefficient networks end up plagued by costly non-performance and […]
Four Revealing Insights from TPM ’22 Highlight the Value of Relationships and Reliability
After a three-year hiatus, TPM 22 provided carriers, shippers, and other stakeholders a chance to catch up and work through the thorny issues that plague our industry. The conference drove home just how important relationships are in a globalized world crisscrossed by supply chains.NYSHEX Records 340% Revenue Growth and Triples Shipping Volume
Technology solution removes risk, providing a predictable, efficient system for global commerce New York, New York – NYSHEX, the leader in two-way committed contracts, today announced revenue growth of 340 percent in 2021. In addition, shipping volumes more than tripled and the company grew its global footprint with the opening of a London office and has plans to open in Singapore early this year.
NYSHEX Appoints Jesper Praestensgaard as Executive Chairman to Support Next Phase of Rapid Growth
New York, New York – March 24, 2022 – NYSHEX, the leader in two-way committed contracts, announced it has appointed Jesper Praestensgaard as Executive Chairman. Praestensgaard joined the NYSHEX Board of Directors in 2016 and has helped oversee operations for the last four years as non-executive Chairman.
5 Ways to Convince Your C-Suite and SLT to Adopt New Logistics Technology
As many in logistics are aware, protecting your supply chain is crucial to both inventory management and overall business continuity.
Why the ILWU Labor Negotiations Should Be Top-of-Mind for Your Team
If you haven’t been keeping up with supply chain management news, it’s important to know that 2022 is bound to bring challenges to logistics, shipping ports and businesses across the West Coast. United States dockworkers and their management systems are about to engage in contract negotiations that could go on for months beginning with ILWU.
Why Everyone on Your Logistics Team Should Understand Carrier Alliances
Back in 2017, the landscape of the shipping world rearranged yet again as ten of the major carriers in the maritime industry coalesced into three distinct carrier alliances. Today, nearly 80% of the global carrier market operates within these alliances. Understanding these alliances, how they function, and the impact they have on the supply chain are vital for any logistics team dealing with […]
3 Reasons Why 2022 Contract Season May Already Be Over
Faced with high-demand and the current market disruptions, many retailers are abandoning the traditional pattern of negotiating contracts with carriers in late winter and early spring, and instead are moving fast to lock in their contracts for all of 2022.
