article thumbnail

The Cost of Backhauls

Operations and Supply Chain Management

STATE OF FREIGHT. The road freight industry has a big problem. This equates to more than a fifth (21.2%) of the total distance traveled by road freight in the bloc last year, up from 20% in 2020. Willmor, who launched DigiHaul after a long career at DHL , said some hauliers still book deliveries via phone or email.

article thumbnail

3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”. It includes brokerages and freight forwarders, but there comes a point at which simply outsourcing to a single 3PL or even several 3PLs grows too complex to handle. Billion by 2026.

3PL 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (December 31 – January 6)

Logistics Viewpoints

Supply Vision provides modular applications that help LSPs coordinate shipments, from quoting, routing and booking through to final delivery. Any earn-out is expected to be paid in fiscal 2025 and fiscal 2026.

article thumbnail

Strong Freight Forecast Expected Thru 2026, What It Means for Shippers & 5 Things to Get Prepared

GlobalTranz

Freight Transportation Forecast to 2026. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Some of the highlights of the Freight Forecast include a dramatic increase of 28.6 percent by 2026. percent by 2026.

article thumbnail

FreightWaves 3PL Summit 2022 – A Turvo Partnership

Turvo

trillion by 2026. . After a period of relative peace in the freight markets for two to three years, the last couple of years has all been about turbulence. Turvo’s customers include Fortune 500 logistics service providers, shippers, and freight brokers. Book your spot Now. FreightWaves 3PL Summit 2022.

3PL 68
article thumbnail

Collaborative Logistics’ Role in the Emergence of the Physical Internet

Material Handling & Logistics

It may seem impossible today, but the physical Internet could be embedded into freight supply chains by 2050. Many already believe that freight exchange platforms, dedicated to maximizing payload efficiency and reducing empty miles, have a role to play in making this vision a reality.

article thumbnail

This Week in Logistics News (February 18 – 24)

Logistics Viewpoints

The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. Speaking of electric semis, Uber Freight , WattEV and CHEP have announced a strategic, joint effort to deploy electric trucks on select routes in Southern California. The expansion will also grow Target’s workforce.