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I recently participated in a webinar hosted by Magaya where Gustavo Gomez, Alfred Murgado, and I discussed some of the key findings from The 2025 State of Digitization in Freight Forwarding research report. If you werent able to attend, you can watch it now on demand. Alfred kicked off the conversation by asking what surprised.
Below, we provide nine tips to optimize your shipping and tell you how a third-party logistics (3PL) provider can help you during these difficult times. How a 3PL Can Help: A 3PL provider can work with you to develop a dynamic shipping strategy that accommodates both immediate challenges and future uncertainties.
As reported by the? the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. How Can a 3PL Help Shippers Manage LTL Transportation Proactively.
Cloud-based transportation management platforms help solve these growth challenges for shippers, and when the right 3PL provider partnership is engaged, businesses benefit from a full suite of technology and transportation as a service. ? . Cloud-Based Solutions That Combine With a 3PL Offer the Biggest Bang for Your Buck .
Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supply chain operations. What is the difference between 3PL and 4PL?
In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability. LEARN MORE.
Shippers are often challenged when dealing with the freight classification system from the National Motor Freight Classifications (NMFC) book, the code numbers assigned to all products that determine the correct freight class for shipments. A Brief on Freight Classification.
In fact, the current logistics labor shortage is one of the issues we tackle in our 2025 State of the Shipping Industry Report. Partnering with a third-party logistics provider (3PL) can further streamline operations and allow your team to focus on business growth rather than logistics management.
If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Let's take a look at the most common freight theft methods and go through the specific steps you should take if your shipments are stolen. Cargo thieves may even use force or deception to access and steal the freight.
But in the context of the Shippers Council, the shipper is the cargo owner (or BCO beneficial cargo owner), usually a manufacturer, who contracts with a logistics service provider (LSP), which, in the Councils definition, can be a transportation (land, sea, air) company, an express company, a forwarder, or a full-fledged 3PL.
Teaser / Précis: Uncover how the experts are approaching AI and data-driven transformations, sustainability initiatives, diversity and inclusion, interactive learning, and leadership and change management with reporting direct from our flagship European event.
Today we bring you a report that we have recently received from eft (eye for transport). The findings in the report mirror what we wrote about in January in regards to how emerging technology will forever impact the manufacturing and logistics space. 3PL Selection and Contraction Report Now Available for Download.
Carriers are generally optimistic about load volume, but access to well-paying freight and increased operational costs remain at the forefront of their concerns. Visibility solutions, digital freight marketplaces, and real-time tracking are among the most sought-after innovations, while many businesses remain cautious of AI-driven automation.
Warehouse operations and their efficiency are a key to any company that deals with freight, shipping and inventories. Minimizing the steps in the process is a good way to ensure you have a more rapid movement through the warehouse and the freight process. 3PL Pricing Structure: Part 2 In Third Party Logistics Implementation.
Featuring supply chain leader commentary from Maersk, Beiersdorf, C&A and Tesco , this report breaks down what the most resilient firms do differently and how it improves their supply chain performance.
This year’s report focuses on the relationships between shippers and 3PLs. Shipper–3PL partnerships remain solid; 89% of shipper respondents said their relationships are successful, a decrease from 95% in the previous year. It’s a concerning trend that shippers are losing satisfaction with their 3PL provider.
Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. As reported by Supply Chain Dive, “First is monitored outsourcing, which is the traditional form in which production or service is contracted out to suppliers with infrequent performance evaluations.
As a collective voice for freight brokers, 3PLs, and other intermediaries, TIA plays a pivotal role in shaping industry policies and promoting best practices. There’s no other event out there designed by 3PLs for 3PLs, so don’t miss it. TIA offers educational resources and business services to its members.
By employing proper freight accounting , through freight payment, auditing, and consolidation services, within a TMS solution, a shipper can go from paying $11 per freight invoice, all the way down to only 5 to 10% of the $11, according to Inbound Logistics magazine.
The freight capacity crunch has dominated supply chain and logistics since 2014, and many shippers fear it will arrive sooner than many experts believe. The Freight Capacity Crunch Has Not Yet Reared Its Head. The freight capacity crunch remains an object of speculation in among logistics providers and shippers.
the bill seeks to restore and enhance the Federal Motor Carrier Safety Administration’s authority to address fraud and deceptive practices in freight transportation. With freight fraud costing the industry an estimated $35 billion annually, this bill equips the agency to protect consumers, businesses, and the supply chain.
You’re ready to outsource to a 3PL. This post gives you an in-depth guide to what a 3PL RFP is, why it’s important, and how to write one for your business. What is a 3PL RFP (request for proposal)? Why does the 3PL RFP process matter? Adelina Zotta & Connor Westby, Co-Founders of NutriPaw What is a 3PL RFP used for?
As reported by Steve Banker of Forbes , “ When a shipper decides it needs to improve its transportation performance, it typically attempts to achieve this by either buying a transportation management system (TMS) or outsourcing transportation planning and execution to a managed transportation services (MTS) provider.” Working with a?
The 3PL industry is experiencing growth as shippers and companies turn to logistics experts for various facets of the supply chain so the manufacturing and distribution companies may focus on their core. But the greater transformation in today’s 3PL landscape is the changing perception of logistics service providers.
This blog noted seven top resiliency tips, ranging from investing in technology to leveraging the value of a 3PL partnership. #3. Supply Chain Cybersecurity: Why an Expert 3PL With Strict Security Measures Is Key to Success. Transportation as a Service: The Value of Cloud-Based Transportation Management + 3PL Partnerships.
Andy Lloyd is the Chief Executive Officer of 3PL Central , a company that specializes in cloud-based warehouse management system (WMS) solutions. Andy Lloyd is the Chief Executive Officer of 3PL Central. About 3PL Central. 3PL Central also helps their customers to adopt 3PL fulfillment best practices. 3PL Central.
When it comes to efficient and cost-effective over the road transportation management , it is absolutely crucial that you be working with a trustworthy 3PL. Understanding the potential value of a 3PL early in the process is crucial to saving money and providing great service. What Is A 3PL? How Does A 3PL Benefit My Enterprise?
In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. Third party logistics (3PL) is a company that provides an all-encompassing service to its customers of outsourced logistics services for a part or all of their supply chain management functions.
US trucking freight activity fell sharply, by -13.8% compared to the fourth quarter of 2024, according to the latest US Freight Payment Index , which measures changes in both the levels of freight shipments and related spending activity based on transaction data. Year-on-Year (YoY), and by -5.8% YoY and -2.5%
Add in soaring air freight costs, and the fruit will not only be hard to find, but incredibly expensive. According to the latest reports, the boom in e-commerce demand is abating, as consumers are shifting their spending from goods to services. That’s a tough break for the industry. And now on to this week’s logistics news.
Achieving end-to-end supply chain visibility has always been (and remains) a top priority for companies, but over the past few years, the spotlight has been on a particular segment of the process: achieving real-time freight visibility. Why has this become so important for shippers and third-party logistics providers (3PLs)?
The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Freight Game of Thrones. The Maersk Shift: Where it started.
In early 2022, reports from DAT Trendlines indicate the truckload spot market may be reverting to typical seasonal patterns, leading to lower rates than last year but still above the long-term average. Still, the e-commerce boom pushes more freight into trucks as shippers re-think inventory levels to meet omnichannel demands.
Today, we kick off our annual year end series highlighting the top blog posts in each of our 7 main categories: Manufacturing , Supply Chain , Logistics , 3PL , Business , Transportation , Freight. Although we are a 3PL who supports manufacturers who ship, the more information we provide, the better off we all are.
Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.
However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). Both types of 3PLs have advantages and disadvantages. But, a non-asset-based 3PL provider may offer much more than you realize, including these seven key benefits.
For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. In response, supply chain leaders are partnering with 3PLs, like GlobalTranz, who offer warehousing capabilities to transform their warehouse network and bring their products closer to the customer for rapid fulfillment.
bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.
The recently-published 2015 Third Party Logistics Study includes a special section on Mexico, and 40 percent of the study respondents said “they have already moved some of their operations to Mexico, citing reduced freight transportation time and closer proximity to sources as the most important factors as the primary drivers of the change.”
Instead of focusing on charging more to ship parcel, shippers should redevelop their processes to streamline shipping and reduce delays, as well as freight spend. Those needing to ship parcel in volume should negotiate shipping rates with all applicable carriers, including local and regional carriers, reports David Butcher of ThomasNet.
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. Companies Will Aim to Improve Shipper-3PL Relationships. They may want three-day shipping, or they may need ship-to-store shipping options.
We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our first post covered the Top 5 Freight Management blogs of 2016. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs.
Logistics and Transportation Expenses: Understanding Their Role in the Cost of Doing Business : As logistics and transportation expenses take a larger bite out of every sales dollar, companies must continually analyze their freight expense relationship to their overall cost of doing business. Read the Full Blog Post. Read the Full Blog Post.
Stop wasting time waiting on your preferred carrier, and take advantage of the freight availability of all carriers. Furthermore, more carrier options is essential to landing better contracts with existing carriers when it comes time to renew or renegotiate your contracts, reports Averitt Express. Partner With an Experienced 3PL.
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