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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

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Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

GlobalTranz

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

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4 Ways to Optimize Your Transportation Network Strategy

Intelligent Audit

Transportation network optim ization is a leading goal for supply chains around the globe. The finance department needs to know what’s happening within transportation and how that impacts costs and capacity to improve transportation spend management performance. Industry 4.0 Download the White Paper.

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Bucking the Trend in Transportation – Simultaneously Cap Rate Growth and Beat Capacity Constraints

Talking Logistics

If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market.

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National Logistics Day 2023

Enterra Insights

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Logistics also creates jobs in the transportation industry, helping to stimulate economic growth.”

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A Guide to Freight Payment Types, Solutions & Why Shippers Use These Services

Intelligent Audit

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. If we assume an average invoice of $2,500 across modes, that’s roughly 40,000 invoices over the course of the year.”

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Research: What Leading Shippers Do to Obtain Better Truckload Rates and Performance

Talking Logistics

Next, researchers looked at freight attributes of shippers. Leader Group 1, which used more asset carriers than brokers, achieved an 82% rating; Leader Group 2 used more brokers than asset carriers and achieved 81% (for comparison, Laggards achieved 46%). On time delivery (OTD). Asset carriers and brokers could both be high performers.

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