Should you outsource logistics? Roughly 71% of goods in the United States are moved by trucks. And while a company’s freight spend is often one of its largest budget items, supply chain rarely has a seat at the table. Logistics departments are often understaffed and suffer...
Do you need logistics consulting? Are you resistant to the idea of outsourcing your logistics? We understand many small businesses operate under the mindset that they can and should handle all business functions in-house. But this is short-sighted and might be costing you money. Ask yourself these...
Too often, manufacturing executives are unaware of what's going on in the trucking industry. After all, you're work is growing your business not tracking trucks. You don't have time to follow logistics trends or stay updated on market fluctuations and potential disruption caused by weather...
Most of the businesses we partner with come to us for one overall reason. They’re frustrated by reacting to freight issues instead of growing their businesses. But without the right information, it’s increasingly impossible to predict the freight market. In fact, logistics gets more complicated...
Reading the most recent publication of the Morgan Stanley Truckload Sentiment Survey, I was struck by a comment from a shipper in the “Respondent Commentary” section. “Soft. Locking in new lower contract rates. Concern is if this is the bottom, can brokers honor these rates...
Most people would agree that when measuring service levels, we’re taking into account both the efficiency and performance of any system--and in the transportation business, often more than a few services are required. These services range from tracking and visibility and worry-free scheduling to truckload...
Don’t be lulled by loose capacity and lower freight rates. Aim for a predictable freight budget instead. 2018, was a year of change, fluctuations, and rising contract rates. In fact, according to The Journal of Commerce, truckload rates climbed between 10 percent and 15 percent in...
Rate Shopping and Capacity Rates were high and capacity was tight in 2018. So much so, that shippers spent a lot of time and effort towards creating beneficial relationships with carriers. In the ever-shifting landscape of logistics, we all know that relationships can help both shippers...
What is a freight broker or a 3PL (third party logistics) provider? For the most part, the terms are interchangeable--both work as intermediaries between a shipper and a trucking company. Since deregulation, the number of freight brokers has skyrocketed. Today there are nearly 18,000 registered freight...
Big news--181 CEOs of the largest corporations in the US just signed a new statement of corporate purpose, turning the old model of shareholder primacy on its head. For years, corporations have operated under Milton Friedman’s idea that “there is only one social responsibility of...
