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Brad Hollister and Joe Lynch discuss solving the freight broker’s biggest problem. About Brad Hollister Brad Hollister is an investor, entrepreneur, freight-tech advisor, and Head of Growth at Upwell, a tech firm that streamlines accounts receivable using artificial intelligence. 1 spot on both the 2018 Inc.
That then allows us to create more of that kind of content for our award-winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. Share This: Read More.
Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. The driving forces are contributing to higher LTL use in the remnants of 2018 and into 2019. Trends affecting LTL.
In anticipation of the 2018 holiday shopping season , transportation trucking, including Less-Than-Truckload (LTL), Full Truckload (FT), Parcel, and intermodal, will increase in value. With FT carriers already rejecting some freight that is too light (in the range of 5,000 to 10,000 pounds), demand for LTL options and capacity will increase.
That then allows us to create more of that kind of content so our award-winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. Share This: Read More.
Although this sounds great for most industries, it represents a major problem for the freight trucking industry. Freight Forwarding Will Undergo Digital Transformation. Freight forwarders will have great opportunities in 2018 to take advantage of the increased demand on shippers. Freight and Trucking Rates Will Evolve.
About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. RoadSigns A Transport Topics Podcast Born in 2018, RoadSigns started in an empty office.
That then allows us to create more of that kind of content so our award winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. Share This: Read More.
The air freight landscape has experienced some dramatic shifts in recent years. In fact, those events seem likely to produce some headwinds for air freight shippers in 2018 in locating available air capacity, especially during peak seasons. Over the last few years, digitization has become more prominent in the air industry.
As an update, in this post, we’ll address a more updated way that shippers can navigate the 2018 Capacity Crunch many shippers are currently facing. Greater versatility, closer partnership with freight brokers , and new technologies are some of the many steps you can take to secure the capacity you need. Download Here.
In today’s blog post we continue our look at the logistics technology trends that will shape 2018. The Logistics Robots Market Will Dominate in 2018 & Beyond. As a result, stores as a distribution center will become more popular throughout 2018. Safety and logistics will also come under the microscope in 2018.
That then allows us to create more of that kind of content for our award-winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. Share This: Read More.
This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. and top episodes from “ The Freight Project Podcast.” Share This: Read More.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games!
billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Artificial intelligence (AI) tools will reduce delays and simplify customer service across all changes in manufacturing throughout 2018. However, the risk is well worth it.
Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.
This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. and top episodes from “ The Freight Project Podcast.” Share This: Read More.
The Top Logistics Trends that Will Impact Logistics Management in 2018. Even the best shipping options do not necessarily work for each customer, and customers will demand variable shipping options more frequently in 2018, reports Kushal Nahata of FarEye. Download Here. Variable Logistics Operations Will Become Standard.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Logistics Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the logistics industry to stay on top of their games!
Small and mid-sized shippers face many challenges in full truckload freight management. Different carriers charge different rates, which reflect the relative trucking activity of a destination, and freight management requires navigating a complex system of drivers, trucks, and trailer types, while trying to get the best deal possible.
Jordan Graft and Joe Lynch discuss freight has an identity crisis, which refers to rampant fraud and double brokering in the transportation business. Before that, he co-founded CrateBind, a Dallas-based IT consulting and software development company that developed over fifty custom applications across various industries.
The 2018 supply chain conference season kicked off for me last week. at the SMC3 Jump Start 2018 conference in Atlanta, GA. Stronger Economic Growth in 2018. 20, compared with three in the same week last year, according to online freight marketplace DAT Solutions LLC. LTL Meets Real-time Visibility.
We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.
So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Shippers Put the Box to Work A final lesson from the 2018 holiday peak shipping season is about the box. Freight data use. Freight claims management practices.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.
Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). The underlying premise dates back further, even for freight. By 1985, the Baltic Exchange published its first daily dry bulk freight index. A New Freight Index. A New Freight Index. By Zvi Schreiber, CEO, Freightos. The Age of the Index.
This week, Freightos hosted over forty logistics and innovation executives for FreighTech 2018, a symposium dedicated to discussing challenges and opportunities in the industry. The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. Freight is cool again.
The capacity crunch has been a core concern of shippers for several years, but as 2018 draws closer to the holiday shopping season, it will become a bigger problem. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Get Your Free Copy Here. Download White Paper.
Spot loads quadrupled in the last month with outbound tender volumes at their highest since 2018. In April, freight volumes increased from 100,000 loads per weekday to 150,000 loads at its peak, loads remained consistently above 130,000 each day early in the month. The biggest issue? Fluctuations in supply and demand.
Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. 2018 started with China-US ocean freight prices increasing by 27% as supply chains came back into full swing. Air Freight Pricing.
The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.
Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.
A similar study from 2018 found the same flaws and dynamic led to poor contract reliability even in much less volatile times. Here, again, ocean freight is looking to examples from other industries for tested solutions to recurring problems. If you missed it, you can check out our recent monthly freight overview right here.
In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Email responses are obsolete in just minutes and only digital solutions can keep essential freight moving.
The overwhelming majority of motor carriers and shippers use a transportation management system (TMS) to gain insights into supply chain management and keep freight spend under control. According to Sean Kilcarr of FleetOwner, the statistic has risen from 62% in 2005 to 91% in 2018.
In addition, Inc.com recognized Reliance Partners in 2018-2020 as one of the Top 50 Workplaces while Fortune also recognized Reliance Partners in 2017-2020 as a Top Workplace in America. Reliance Partners Chattanooga location was recognized as Business of the Year in the large category by the Chattanooga Chamber of Commerce in 2018.
This was especially difficult in 2018 as capacity constraints caused freight rates to skyrocket. Increased demand and customer expectations continue to put pressure on shippers to deliver on-time-and-in-full without comprising their bottom line.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.
Ed is Co-founder & CEO at Newtrul , a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform. Ed Stockman is the Co-founder & CEO at Newtrul, a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform.
That compared with just 2 percent in 2018. The data shows that only 60 percent of its shipments came from China during the same period, down from 80 percent in 2018. million km) using battery-electric vehicles hauling customer freight. Schneider says it began running the trucks to haul customer freight in January.
Owner-operators in the trucking business face a myriad of challenges including cash flow issues, high fuel costs, access to good freight, business development, and growing their business. USA Truck celebrated its 35th year in operation on May 4, 2018. Over-dependence on freight brokers for finding good freight.
Spot market rates might start easing in 2020 but will still be about 15%-20% higher than the previous peak in 2018. Still, the e-commerce boom pushes more freight into trucks as shippers re-think inventory levels to meet omnichannel demands. When freight capacity is this tight, carriers are selective about who they do business with.
On August 13, the DOT announced that Ports in Oakland, Seattle and Tacoma have all been added to its Freight Logistics Optimization Works (FLOW) network, joining the Port of Los Angeles and the Port of Long Beach to round out the five largest West Coast shipping hubs. according to the Walmart Marketplace website. from May’s 2.24
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