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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Corey spent over a decade at STG Logistics, the nation’s leader in containerized freight, and XPO Logistics, where he built operational, financial, and back-office solutions to help companies and users across the globe. This makes it especially valuable for mid-sized drayage companies aiming to grow.
Case Study | Personal Care Manufacturer How Supply Chain Efficiency Transformed Operations for a Leading Brand A personal care products manufacturer was facing a perfect storm of inefficienciesmanual order processes, lack of visibility into shipments, and a struggle to meet strict compliance standards.
You didnt expect freight to take this much time. Thats when most businesses realize the value of a freight broker. But heres the hard truth: not all freight broker services are created equal. What Is a Freight Broker, Really? Why Use a Freight Broker? Anyone can say theyre a great freight broker.
He studied at Trinity College, where he received a research grant from NASA and graduated with a Bachelor of Science degree in computer engineering. Michael, along with Dan Popkin, established the European operations and development of the successful CoPilot business and guided the ALK Technologies business integration into Trimble.
MercuryGate's LTL TMS is the tool you need to optimize routes, automate mind-numbing manual tasks, and even go green. The post LTL TMS: Transforming Freight Operations for Trucking Companies appeared first on MercuryGate International.
If freight shipping is eating into your profits, dont worryyoure not alone. Whether you’re a small business looking to streamline your supply chain or a growing company seeking better freight management, finding ways to optimize your shipping expenses is key. The good news? You can cut costs without cutting corners.
Using digital tools to help deliver great customer experience. . What does the oldest company on the top ten global technology companies have to do with freight? Here’s What This Has To Do With Freight. The digitization of the freight industry is about improving speed and efficiency. . DB Schenker, Hapag-Lloyd and C.
Heres what they cover: Current Market Conditions : Whats driving changes in freight rates and why the market recovery is taking longer than expected. The Role of Technology : How data, AI, and visibility tools are helping companies stay agile in an ever-evolving environment.
Working smarter, not harder, is critical for everybody in transportation today, but it’s especially important for freight brokers in light of the increased competition in the marketplace and the ever-more demanding expectations of shippers. What does “working smarter, not harder” mean for freight brokers? Working smarter.
The 27th Annual Study of Logistics and Transportation Trends reveals the current state of freight transportation has many of the same hallmarks as the past.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
View the Full Case Study. Zaro Transportation is a Laredo, Texas-based transportation company that provides door-to-door freight services and coverage throughout Mexico and the United States, crossing through the port of Laredo and Nuevo Laredo. View the Full Case Study. Frontline workers needed a way to benchmark performance.
We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .
Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.
Data Visualization: Making Matrix Data Actionable Data Visualization: Making Matrix Data Actionable With supply chains generating vast amounts of data, visualization tools help translate complex matrix data into clear, actionable insights. By using both tools, companies can: Close the Loop Ensure a seamless cycle of rate and cost management.
BlueGrace describes this report as an important tool for measuring expected expansion or contraction within the logistics sector. increase in positive revenue expectations was driven by stronger confidence in order volumes, stabilizing freight rates, and improved efficiency in logistics operations.
This session dives into the tools, strategies, and market shifts that are transforming cross-border logistics, offering valuable insights into the future of the industry.
In response, major freight operators have recently acquired advanced battery technology firms to accelerate fleet electrification. Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting.
Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers. The Basic Functionality of a Freight Rating System.
The 2024 Third-Party Logistics Study found that 95% of shipper respondents agreed that their relationships are successful and 99% of 3PL respondents agreed that their relationships are successful. The study, which was released Oct. Overall, those relationships are working.
The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Path to Cost Reduction: As in a number of the studies we’ve explored here, technology played a large part in solving Sunsweet’s problems. Sunsweet Growers.
The Uberization of Freight. People are trying to automate as much of the order-to-cash process as possible - however, there are hurdles that make the fully automated “Uberization of Freight” difficult for both buyer and seller. . – Kristi Montgomery, VP of innovation, Kenco. Kristi Montgomery, VP of innovation, Kenco.
The outbreak of coronavirus in March 2020 has utterly changed the road freight transport landscape. The conclusions of this study show that the worst is over, and that the sector is moderately optimistic as it awaits future events before considering the crisis to be over. Digital tools have played a key role in recent months.
More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly? And then freight volumes took off, which has left everyone struggling to keep up.
View the Full Case Study. Gaining access to marketwide and granular data affords significant opportunities to Edge Logistics including: To gain operational insight into what is going on now in the freight market. To gain freight market knowledge because they have access to both SONAR and FreightWaves.com content.
View the Full Case Study. We needed a way to understand true market positioning, and existing market tools don’t have the detail or precision that SONAR provides. View the Full Case Study. KCH Transportation has a trucking division and a brokerage service. Increased responsiveness in viewing likely market trajectories.
I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. The study includes a holistic view of the TMS outlook. Cloud Solutions.
Successful goal-setting is a necessity for Freight Agents to run prosperous businesses. If you perform a web search on the “ Fresh Start Effect ”, you’ll find a lot of articles and studies on the impact that a Fresh Start Date has on goal setting. Why Is a Fresh Start Date Important in Goal-Setting?
View the Full Case Study. Having experienced market growth in size and volume of tenders, Opus9 realized its existing freight market data intelligence tools were not giving their customers the best rate information. Creating customized charts to understand movements and impacts on the freight market. Bill Peterson.
“Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.
Both anecdotal evidence and research studies demonstrate that enterprises leveraging these advanced capabilities have fared much better than other companies during the extreme volatility of the past two years. In a study commissioned by Blue Yonder, it is estimated that a typical $10 billion company can save $14.1 Warehouse Robotics.
Penske Logistics senior vice president of global sales Joe Carlier will join a panel of experts in a May 21 webinar hosted by the Council of Supply Chain Management Professionals ( CSCMP ) on the 2020 Third-Party Logistics Study. Please note: The study is forward looking and was published in September 2019. That would be technology.
If freight shipping is eating into your profits, dont worryyoure not alone. Whether you’re a small business looking to streamline your supply chain or a growing company seeking better freight management, finding ways to optimize your shipping expenses is key. The good news? You can cut costs without cutting corners.
AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity. and has endured several cycles of investment booms and busts.
View the Full Case Study. Big M Transportation/Diesel Express provides freight transportation and logistics services from its headquarters in Blue Mountain, Mississippi. While the brokerage transportation services and power units primarily ran contract freight, the company’s brokerage side was securing freight and capacity daily.
Expanding Business In A Slow Economy Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 20, 2023 Logistics Firms Forced to Adjust Post-COVID Dan Ronan, Sr. When we realized a downturn was coming, we repositioned our company,” he said. “We
Precision and Transformation i n Freight Forwarding: 2024 and Beyond To Our Valued Clients, As 2024 comes to a close, we are excited to reflect on a year defined by innovation, growth, and collaboration. For industry insights, check out freight forwarding trends. Explore our case studies to see the impact of our work.
In 2018, tender reject rates have reached as high as 25% in late July, and although they’ve fallen to nearly 14% more recently, that’s still a significant volume of freight moved via the spot market. If a competitive spot bid tool can save even 3 percent on $10 million, that saves this shipper $300,000 a year.
Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. Inventory levels: Current or expected inventory levels at various locations.
According to a study by the Food Manufacturing Institute and Grocery Manufacturers Association, a company faced with a recall can expect an average of $10 million in direct costs, in addition to the damage to their brand and lost sales. If food is not handled safely, you can face criminal penalties. But technology comes at a price.
Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.
To better connect shippers and carriers in an increasingly fragmented freight market, Coyote Logistics , a leading global third-party logistics (3PL) provider, today announced the expansion of its CoyoteGO® digital freight platform. However, Coyote maintains that technology alone is not the key to supply chain success.
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