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Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. Reliable contracts is Loadsmart’s antidote to the wild price swings that are common in the freight market.
Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. Over 1,300 shippers place their trust in DAT iQ’s rate and capacity analytics solutions, which empower confident decision-making and transportation planning and management.
Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. Tusk’s technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service.
Brian has worn many hats in his 8 years at LTI, holding various roles with responsibilities in operations, sales, pricing, customer success, and network strategy. Louis, MO offering reliable, consistent, quality capacity. Louis and got his start in the industry at Hub Group in the Highway Brokerage division.
Transportation capacity problems have been a volatile issue over the past twenty years or so. Contributors to Capacity and Trucker Shortage. The 2014 winter weather triggered a trucking capacity problem. In the past, according to Perry, trucking capacity has been somewhat consistently maintained at about 90%.
Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. Nari Viswanathan is Sr.
. • Payload Limitations: Drones have low payload capacities, restricting them to lightweight packages, while autonomous vehicles can transport larger loads. Each technology is therefore confined to a particular subset of logistics needs due to its payload capacity.
It’s not a secret that capacity remains tight and freight rates stay high. Yet, produce shippers that take the time to think about the situation and what they can do to push through will have a better chance at finding capacity and keeping costs manageable. The challenges with finding capacity during produce season aren’t new.
To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Gain access to real-time analytics and business intelligence that will empower your decision making.
Diversified Port Strategies : DGL identifies and utilizes alternative port options to keep your cargo moving. By building flexibility into our logistics strategies, we can redirect shipments to less-affected ports, minimizing delays. This proactive approach helps you avoid costly delays and keep your operations running smoothly.
Shippers are feeling the effects of scarce carrier capacity. The driver shortage is affecting available trucking capacity. Despite long-term contracts and fixed rates, shippers are seeing orders refused by carriers that have reliably transported their freight in the past. When this happens, the shipper must react quickly.
Creating and sticking to the right truckload shipping strategy can enhance your overall efforts, save money, and increase profitability. Generally, truckload shipping strategies are created to make your freight more attractive to carriers, reduce costs, decrease risks and claims , and increase overall shipping efficiency.
Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs. These initiatives also lead to cost savings by maximizing load capacity and reducing fuel consumption. Advanced route optimization tools further support these goals.
When you have consistent, high-volume flows, you can establish more regular shipping schedules, optimize your loading patterns, and even negotiate dedicated capacity with your carriers. This reliability often leads to better service levels and fewer disruptions in your supply chain.
When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process.
Flexible warehouse systems support modular scaling, allowing warehouse operators to add capacity incrementally without significant downtime. This capability becomes a competitive advantage, as clients often prioritize speed and reliability when choosing logistics partners.
Consumer buying behavior has tightened capacity in all modes of transportation. In a 2021 study by Inbound Logistics, logistics technology providers said that 58% of their shippers were concerned with capacity constraints, triggering 68% of shippers worried about how they were currently optimizing their transportation resources.
Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation.
Additionally, capacity availability has improved, allowing businesses to secure reliable freight options without the extreme cost fluctuations seen in previous quarters. Given ongoing concerns about freight costs, supplier reliability, and consumer demand volatility, companies are hesitant to make major shifts in inventory strategy.
A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .
That information then leads to improved rates, capacity, and several other benefits. Near-real-time data enables predictive modeling of rates, capacity, volumes and rejections. Real-time freight data allows for better predictive modeling of rates, capacity, volumes and tender rejections. Download the White Paper.
Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.
This post highlights three strategic areas which many companies overlooked in 2017; strategy, security & interaction, and how to best achieve improvements in these areas. You need to make sure your business has a solid grasp on future demand to ensure sufficient capacities are in place and products are deployed appropriately.
Therefore, we have developed the carrier reliability score to make you confident about your carrier choice. What is the carrier reliability score? Knowing that you strive to find a responsible shipping partner, we suggest using our carrier reliability score. How does GoShip calculate the reliability score?
The pandemic showed us that having reliable and trustworthy partners is crucial. With potential tariff increases on the horizon, maintaining strong supplier relationships can ensure quality and reliability, even in times of change. Optimize Inventory Management: Balancing inventory levels to meet demand without overstocking is crucial.
In the center of its Strategy 2025, DHL Express focusses particularly on ‘E-commerce’ as a growth driver and ‘efficiency’ for further increasing its profit. With a payload capacity of 102 tons and a range of 9,200 km, the B777F has the largest capacity and range of all twin-engine freighter aircraft.
Leading trucking companies are integrating advanced logistics software to optimize load capacity and reduce empty miles, ensuring every truck is fully utilized. For example, the ongoing driver shortage has led to a 30% increase in freight rates over the past two years, challenging businesses to find reliable carriers.
Insulating against disturbances to the supply chain through critical weather strategies has proved effective in cutting down delays and costly overages. With such disruptions come reductions in workforce, tightened capacity, fewer logistics options, increased risks and increased costs. More Hurricanes.
For freight shippers, this increased demand may mean higher rates and tighter capacity. With Canada Post’s services paused, many shipments are experiencing delays, and some businesses are struggling to find reliable alternatives. You should book your shipments early to make sure you don’t encounter any capacity issues from carriers.
Capacity levels are strained and reaching all-time historical tightness. Shippers are innovating and implementing various strategies to make them a “shipper of choice” and connect with carriers to move their freight while avoiding sky-high rate increases. They should look as far upstream as possible to help manage orders and capacity.
Supplier performance: Reliability and on-time delivery rates of each supplier. Warehouse capacity: The storage capacity and utilisation of existing facilities. Throughput rates: The processing capacity of distribution centres. Competitor intelligence: Distribution strategies and network designs of your competitors.
Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Find the right mix of asset providers.
Managing transportation costs is a top challenge for shippers, while another challenge that goes in hand is sourcing consistent and reliablecapacity. Some believe the spot market is the way for shippers to save money and stay on top of capacity, while others think it’s contract. Here enters the contract and spot markets.
But how does this translate to an optimal FTL cross-border strategy? I’m outlining below 3 success factors shippers should consider incorporating in their FTL cross-border shipping strategy for an effortless shipping experience. Access to reliable and consistent truckload capacity every day.
While some aspects of this article may be dated, the article speaks to a range of issues directly relevant to national security in a post-National Defence Strategy age. The ability of a military to conduct operations independent of anothers aid is intrinsically linked to the capacity to move, supply and support that force.
Defined as the capacity to recover quickly from difficulties, resilience has become a core mission for companies across most industries right now. Along with managing the shipping process, a reliable logistics provider can help companies build supply chain resilience right at a time when they need it most.
In a fast-moving world which has been shaken by a global pandemic, ongoing geopolitical challenges, and an untold capacity shortage, shippers are trying hard to stay on top of the game keeping their supply chains moving without sacrificing on their delivery promises. Control costs and improve efficiency through reliablecapacity networks.
Understanding how these fluctuations affect both parties can help in developing strategies that foster mutually beneficial and lasting partnerships. In a soft market, there is an over-supply of carrier capacity, leading to lower demand and reduced freight rates.
Current materials handling and intralogistics equipment is amazingly reliable. But by implementing data driven maintenance strategies these cost, performance, and environmental impacts can be greatly reduced. This may appear to reduce unnecessary downtime and cost, but is a high-risk strategy.
Ports have become more efficient, trucking issues have resolved, and carrier reliability has returned to pre-Covid levels. Rate Levels Overall, average rate levels for Transpacific Eastbound (TPEB) trade will be slightly lower than their current levels due to access capacity, continuing weak demand, and slower growth in the world economy.
Optimizing Drayage Operations: The Strategic Role of Transloading Search Search Dana Ricksecker - August 9, 2024 Transloading serves as a pivotal strategy for enhancing efficiency, reducing costs, and optimizing logistics in modern supply chain operations. What is Transloading?
Once weather like the snowstorm in Colorado or the one seared into Texans’ Valentine’s Day memory hits, it’s easy to predict what is going to happen next—the freight market in the area halted to a stand-still and strangled capacity , as also reported by The Dallas Morning News. Capacity signals for the freight market.
Current Situation Capacity Constraints: Carriers operating out of Southeast Asia, particularly from Thailand, Cambodia, and Indonesia, are experiencing full capacity. Adaptation Strategies: To navigate these challenges, importers should diversify their shipping strategies.
Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . Capacity constraints within truckload and parcel have led to spillover within the LTL market.?
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