LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

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 has routinely been used as a source of added capacity when full truckload becomes unavailable.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing.

How Tech can Tackle Capacity

Parade

How many times do we let real business opportunities slide because we lack the capacity? While we can find new capacity in a flash, trust is a different story. New technology is entering the transportation industry every day to address our capacity insecurities.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. What are some not so commonly known tips, as it relates to be more carrier friendly, that shippers should focus on to find capacity during this capacity crunch. Capacity & Carrier Metrics Resources to Download.

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates.

Tapping Into Private Fleet Backhaul Capacity

Talking Logistics

In today’s challenging transportation environment, the more avenues shippers have to find and secure capacity, the better. While there is currently considerable investment and effort to add capacity to the market, there’s also a lot of wasted capacity such as empty private fleet backhauls. How can shippers tap into this source more efficiently? For shippers, the challenge is getting visibility to the capacity that is available at reasonable rates.

What’s Driving the Increase in Transportation Management Technology Spend?

Talking Logistics

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack.

Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Whatever the cause, the end result is the same: trucking capacity is tight, really tight. Shippers are paying higher rates, and even with offering higher rates many shippers are seeing rejected loads from the same carriers they relied on for capacity in the past. As trucking companies work to add equipment and to attract drivers, they are carefully choosing which shippers are first in line for the limited capacity they do have available.

How Transportation Management Technology & Regulations Impacted the Logistics Industry

Cerasis

Transportation management technology evolved throughout 2016. The IoT Became a Core Concept in Transportation Management Technology. Increasing urban mobility and accessibility of shipment routes are driving forces of IoT use in transportation management technology.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Be more Strategic about Your Supply Chain Sourcing

Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. So just how strategic are you when it comes to sourcing transportation capacity?

Taking the “Ouch” Out of Transportation Costs

Talking Logistics

And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. Proximity to raw materials, increased capacity, and labor costs are just a few of the ways that global supply chains work to save money for today’s top companies. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

Or how about if you need capacity for a shipment – broadcast it across the social media outlets and you are likely to find space for your products to ship. Gaining end-to-end visibility across your transportation processes delivers: $32.00

Transportation is the Great Enabler of Supply Chain Excellence

Talking Logistics

I believe transportation is the least complex, yet most critical component of the supply chain. And if that isn’t enough to create a bias, maybe these well-known facts will: transportation costs represent the biggest slice of the supply chain cost pie (nearly 60 percent of every supply chain dollar is spent on transportation), and transportation costs can represent 3-12 percent of revenue or more depending on the product type and industry.

How Technology Empowers Freight Brokers to Work Smarter, Not Harder, to Drive Profitability

Talking Logistics

Working smarter, not harder, is critical for everybody in transportation today, but it’s especially important for freight brokers in light of the increased competition in the marketplace and the ever-more demanding expectations of shippers. Brokers use many sources to find capacity. Tom next mentioned that in working with Trucker Tools, they became aware of their solutions for handling capacity.

Shippers of Consumer Products Impacted Most by Capacity Crunch

Cerasis

Most all shippers have felt the recent tightening in capacity. Even giants like General Mills, Tyson Foods, and Campbell have reported strained budgets due to a rise in transportation costs over the past few months. A mix of weather-led constraints in 2017, a continual shortage of semi-truck drivers, and the enforcement of hours of service (HOS) rules with electronic logging devices ( ELDs ) have all accelerated a rise in transportation costs. Capacity Crunch

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. In the rail sector, the big issue is capacity.

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The Wisdom of the Crowd (Sourcing) Doesn’t Apply to Commercial Shipping

Supply Chain Collaborator

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. With capacity at a premium, carriers today are very strategic in what business they’ll accept.

The Micro-Carrier Challenge: Building a Reliable and Sustainable Trucking Capacity Network

Talking Logistics

One of the big takeaways from 2018 was that finding trucking capacity during periods of high demand is very challenging, especially in a highly-fragmented market with hundreds of thousands of single-truck owner-operators and micro-carriers with 9 trucks or less. How do you efficiently tap into this large source of capacity? And what’s the role of technology in enabling a better way to build a sustainable and reliable capacity network?

The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. Best-in-class global transportation empowers an organization to optimally manage its supply chains dynamically and holistically.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. Best-in-class global transportation empowers an organization to optimally manage its supply chains dynamically and holistically.

Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Today’s driver shortage is helping to drive transportation costs higher. Some sources recorded up to a 20 percent annual demand increase for large truckload carriers and fleets. As the chart indicates, truck transport costs rose sharply in 2017 and aren’t slowing down.

Why Do Transportation Budgets Fail?

Transportfolio

Why do transportation budgets fail? It’s a thorny topic, even for transportation professionals trying to trace an increase back to its source. Imagine what it’s like for senior executives who have no background in transportation as they try to understand it.

Transportation Innovation 2018

EFT

A lively discussion followed regarding how the technologies will affect the transportation and warehousing industries. over 2010 (Source: US Commerce Department). In May 2018 unemployment dropped to 3.8% (Source: Bureau of Labor Statistics), with the addition of 223,000 new jobs.

Finding Truckload Capacity: Insights on Managing the Spot Procurement Process

Talking Logistics

Data from various sources indicate that truckload capacity is starting to tighten. For example, here’s some data from Wolfe Research published earlier this year: When capacity gets tight, shippers tend to leverage the spot market more. When it comes to finding spot capacity, a lot of shippers still “dial for diesels” — that is, they pick up the phone and call a bunch of carriers.

Transportation Spot Market Inversion

Talking Logistics

The great transportation spot market inversion has occurred. Then in January, for the first time since I’ve been in the transportation business, those rates actually inverted. The Great Transportation Spot Market Inversion of 2018 (Source: DAT, Kenco Group).

Looking For a Job? Here’s The Top 10 Transportation Jobs

Cerasis

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions.

From Hurricanes to Overthrown Governments to Potholes: Transportation and Supply Chain Resilience

Talking Logistics

We know transportation plays an important role in the supply chain – it’s the line in a flow diagram between the little buildings and smoke stacks – and transportation disruptions happen on a daily basis. Some of the strategies companies use to minimize the impacts of hurricanes and floods on their supply chain can be applied to transportation disruptions as well.

How Cummins Power Generation Used Lean Six Sigma to Achieve Significant Transportation Savings

Talking Logistics

Although applied throughout the organization, Cummins identified the elimination of transportation waste as an area that would have a significant impact. After gathering and comparing data from multiple sources – something they couldn’t do before due to previously inefficient processes – they uncovered potential issues with their freight audit system due to deadhead miles. Contracted Freight Rates – Negotiate to reduce rates or source major lanes to external carriers.

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.

E2open Acquires Transportation Management Systems Provider Cloud Logistics

E2open

Cloud Logistics Brings Same-Day, Rapid-Deployment Transportation and Logistics Management to E2open’s Industry Leading Business Network. AUSTIN, TX – October 1, 2018 – E2open , the one place in the cloud to run your supply chain, today announced the acquisition of Cloud Logistics, a leading innovator of transportation management systems (TMS) for the global supply chain market. in the March 2018 Magic Quadrant for Transportation Management Systems. MONDAY 01 OCTOBER 2018.

Modern Transportation Management Software Demands Carrier Connectivity

GTG Technology Group

Anyone in the shipping and transportation industry recognizes the importance of carriers. With increasingly complicated logistical and resource issues arising, Transportation Management Software (TMS) must remain at the forefront of technology to stay afloat. Sources: [link].

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Maintain Visibility with a Transportation Management System. With the US facing a major driver shortage, some carriers are now sourcing Mexican drivers to add additional capacity, using trip-level work Visas (B1 Visa). Most capacity issues occur on the U.S.

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Finding Truck Capacity Is More Than Location Data: The Carrier Intelligence Game

Parade

A robust carrier intelligence system uses a mixture of data sources that crosses multiple data sets, multiple systems of record like a Transportation Management System (TMS), a Carrier Management System (CRM) and other valuable information pools like government safety records.

Pillars to a Successful Transportation Experience: Carrier Management

Transportfolio

Pillars to a Successful Transportation Experience: Carrier Management | Transportfolio. As the market continues to tighten, what’s your transportation strategy for handling fluctuations? Transporting goods such long distances nearly always comes with additional nuances to plan for.

Pillars to a Successful Transportation Experience: Carrier Management

TMC

As the market continues to change, what’s your transportation strategy for handling fluctuations? Companies with supply chains that span more than one continent often have shipments, whether inbound or outbound, being transported to various regions of the world to contend with.