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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

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Seeing the Bigger Picture: How a Global Trade Network Can Create More Accurate KPIs

Talking Logistics

Cost (Line Haul RPM): The rate per mile that is being paid for freight movement before fuel and other incidental charges. Here’s a possible scenario to explore in a GTN: Envision that a recent decline in tender acceptance was discovered in the Chicago area. On-Time Delivery: The frequency at which loads are being delivered on time.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

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Van Rates Still Feeling Pressure for the ELD Mandate

DAT Solutions

For comparison, the national average was just $1.67 There were more modest volume increases out of Chicago , Dallas , and Stockton , CA, which could offset the pattern of falling prices as we move into February. Chicago to Detroit was down 39¢ at $3.86/mile. Chicago to Buffalo came back down 29¢ to $3.55/mile

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Last-Minute Christmas Freight Boosts Truckload Volume

DAT Solutions

Freight brokers offered four days’ worth of loads for vans, and five days' worth of loads for reefers, but most truckers were not interested in working even the full four days. Expect rates to trend up a little more this week , as shippers accelerate freight movements to close the year on a high note.

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This Week in Logistics News (September 3 – 9)

Logistics Viewpoints

Freight rates on the main ocean trade routes are sinking during what is typically the industry’s peak season after cargo owners shipped holiday goods early and inflation dented consumer demand. By comparison, container volume growth will be marginally negative next year and rise around 2 percent in 2024.

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4 Tips to Plan Your Routes.and Make More Money

DAT Solutions

Freight availability is starting to improve, after a long, quiet winter. Daily maps in DAT Power and DAT RateView show the load-to-truck ratio for 149 individual freight markets in the U.S. There is always more freight and higher rates in one direction than the other. A load out of Memphis might go to Chicago or to Columbus.

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