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LTL Industry Trends and Tips for 2022

GlobalTranz

While the LTL freight industry market conditions change for a variety of reasons, here are three of the top factors that will be part of the day-to-day reality of LTL freight and some of the strategies that can help shippers navigate rising costs and complexity in the supply chain. Classify freight correctly. Consolidation.

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Shippers Dissatisfied with 3PLs’ Dinosaur Technologies

Supply Chain Collaborator

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. Purveyors of logistics IT solutions have been warning of the shortcomings of 3PL tech for years.

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Carrier Bankruptcies Make 3PLs More Important to Shippers than Ever

Freight Center

In 2017, New England Motor Freight (NEMF) generated $402 million in revenue. trucking company shutdown since Consolidated Freightways in 2002. The NEMF bankruptcy rocked the freight-shipping industry, but it turned out to be just the first (and largest so far) in a rash of carrier bankruptcies in 2019. 3PL’s to the Rescue.

3PL 42
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[SPECIAL GUEST BLOGGER – Irv Rothman] Having the Guts to Be Bold in Business

GlobalTranz

Although we are a 3PL with a focus on transportation technology and managed services, we love to provide those businesses looking to be bold and get their business to the next level. . As President and CEO of HP Financial Services, Irv Rothman leads over 1500 employees and oversees $12.5 billion in annual revenue.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. Kuehne + Nagel Inc.

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This Week in Logistics News (January 9-13, 2017)

Talking Logistics

November 2016 Freight Transportation Services Index (TSI). If Amazon has serious plans of realizing this idea, there’s already a company in the UK called Mole Solutions that has been working on creating “underground freight pipelines” since 2002. Alphabet Inc.’s Container Cargo Imports Surged at End of 2016 (WSJ – sub.