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A seasoned leader with over 30 years of experience, David began his career in the transportation industry in 1995, rapidly progressing to leadership roles. Built by seasoned industry experts, CloneOps.ai As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm.
Earlier in his career, he led the implementation of two major WMS projects for Forte Industries. Optimize inbound and outbound order routing. Key WMS Trends for 2023 with Jim Hoefflin. About Softeon. Serve as a centralized “Order Hub” in both B2C and B2C ecosystems. Integrate the extended fulfillment supply chain.
Feels like 2022 For the majority of this year, volumes have seen their traditional seasonal patterns and have been trending above 2023 levels. 2022 was a pretty good year from an industry standpoint. Many have commented that market balance will be driven more by carrier attrition versus an event that spurs freight volumes. Figure 1.1
Considering that customers are at the tail end of the outbound supply chain, and companies across all industries are competing on customer experience, it’s not surprising that the outbound supply chain gets a bit more love and attention than the inbound side. Read more Why You Can’t Ignore the Inbound Supply Chain.
Short-haul volume growth shines a light on current trucking trends. Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. Current market conditions are among the most difficult that the industry has faced in recent years.
This is nearly double the amount from a decade ago and it seems to be in line with the trend of Halloween gaining popularity in the last few years with the help of social media. According to the S&P Global Market Intelligence Americans are spending upwards of 4.1 billion dollars on Halloween candy this year.
Current Truckload Rate Trends The truckload shipping market continues to evolve in 2025, with several key trends emerging: National Averages: Dry van freight currently averages $2.65 Lane Imbalances: Routes into areas with limited outbound freight typically cost 15-25% more due to the likelihood of empty return trips.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio. regions are emerging as reshoring hotspots: Southeast U.S. Midwest U.S. Southwest U.S.
below shows that since the end of March, right around the time of the bridge collapse, outbound volume, and freight tender rejection rates, have trended upward. SOME BALANCE SEEN Overall, freight volumes have trended slightly above 2023 (Figure 2.1). This means more freight will be heading out of the Baltimore area.
Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.
The Francis Scott Key Bridge in Baltimore being struck by the Dali and collapsing is an unpredictable disruption to the supply chains of several industries including automobiles, coal, and agricultural machinery. Coal industry: The Port of Baltimore is the largest coal port in the country, handling about 20 million tons of coal per year.
Today’s shipping and transportation industry has changed in several ways, even over just the last few years. Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Download the White Paper.
Customer experience once demanded extensive outbound optimization—often leaving inbound as an afterthought. Then COVID-19 happened. Now inbound is becoming stronger than ever, and connectivity is helping.
In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. Some industries experience more returns than others. The impact of returns too, can differ from one industry or organisation to another. Forecast demand better.
Both industrial engineering and operations research have their roots in logistics. Fredrick Taylor, who wrote The Principles of Scientific Management in 1911 and is considered the father of industrial engineering, focused his early research on how to improve manual loading processes. History of Supply Chain Management: Roots.
However, manufacturers must also look beyond systems and software, uncovering how better processes and strategy can enhance operation through these additional trends. Manufacturers Looks to Reduce the Skills Gap, a Consistent Issue When Talking Trends in American Manufacturing. The Dominance of E-Commerce Continues.
Non-usage, in the case of containers, represents a lack of outbound shipments in a specific area. In both cases these pure expenses will be reflected in the outbound rate. Empty miles for a trucking company represent the cost of repositioning equipment to meet demand.
For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. And that’s a meaningful advantage in an industry where growth remains subjective and constantly under the threat of other competitors.
In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. This data has been collected over a 4 year period, broken down into shipper industry cohorts.
And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).
The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. Photo: Jim Allen/FreightWaves at Edge Logistics.
Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Allow for variations in sales due to seasons, festivals, and/or new trends. When you align them with business goals, they take away the guesswork and sharpen the focus on improvement.
And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).
And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).
The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. The rationale behind this transition is simple; digitalization is the new trend for logistics.
Managers of carrier relations representatives can set alerts for when these trends start to change, but with an increase in rates this high, your strategy should be focused on contracting these carriers to a more sustainable rate (if they are even willing to have that discussion). . Start Building Reefer Relationships Now!!!
National market trends are good for understanding where we are in any given freight cycle, but they say little about specific markets where companies operate daily or need to plan around in the future. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends.
If you were able to see current capacity trends, it would be much easier to understand if you were able to push the rate down or move on to another interested carrier to secure the best rate. For brokers, the Market Conditions map helps identify which outbound markets are showing overall increases in rates.
I participated in the transportation management track, where I delivered a presentation on the future of transportation management, covering some of the emerging trends in the industry, including driverless trucks, drones, 3D printing, and blockchain. As always, Momentum offered plenty of learning and networking opportunities.
However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. Learn more at — www.pesti.io.
Shippers are shifting from East Coast to West Coast ports ahead of a potential strike, impacting logistics and transportation services. Continue reading →
How would you characterize your dock appointment scheduling process in terms of being able to plan and execute inbound and outbound shipments through your distribution centers as efficiently as possible? We asked our Indago members that question a few months ago.
In today’s complex freight industry, comprehending regional market nuances is essential for logistics professionals looking to navigate the intricacies of supply chain management. Curious about how KMA trends can inform an effective supply chain strategy? Reach out to our team to learn more.
Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur.
Along the way, the logistics industry also found new ways to innovate and diversify; expand its horizons and help those in need. As part of that commitment, the logistics provider worked hard to keep everyone “in the know” about the latest logistics trends, opportunities, and challenges—even as the environment was changing daily.
FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index. It’s partly due to the great North American trade relationships between US-CAN-MEX… and partly due to recent near-shoring trends in MEX due to trade wars with China. Volumes snapback quickly after winter storms.
Maintaining overall efficiency within the OTR trucking industry relies on having access to a network of both national and regional providers. Download the White Paper: Over the Road Freight Management Trends. Download the White Paper: Over-the-Road (OTR) Freight Management Trends. Learn More.
Many enterprises have taken heed and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes. This has fuelled growth of the third-party outsourcing industry and expansion of scores of logistics service providers. Flexibility andScalability.
That trend continued in 2021, with Air Canada operating 3,257 all-cargo flights in the second quarter of the year, during which time its all-cargo revenue represented 67% of total cargo revenues. The shipment was a complete laser welding line for the automotive industry and had to be delivered to Arcelor Mittal in Woodstock, Ontario.
The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. Learn More.
As a result, warehouse space is scarce and rents are on the rise – a trend that could continue “for at least another two years,” according to a recent report from commercial real estate services firm JLL Inc. The yard is a black hole crying out for visibility. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.
It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Government regulation that touches on aspects of volume and carriage is another force that’s in play in the industry. Download White Paper.
In fact, the current Outbound Tender Volume Index is roughly three percent higher year-over-year (YOY). As we are seeing sectors that rely heavily on open-deck trailers to move their freight (gas & energy, industrial manufacturing) increase production, this upward trend is expected to continue. MORE OF THE SAME.
Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. As the industry moves past the anniversary of the initial U.S. COVID-19 cases, that risk will continue to decline.
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