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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a new bill signed into law Tuesday by Gov. The law will apply to tickets purchased in Minnesota or other states for concerts or other live events held in Minnesota.

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Residential LTL Delivery Perfected with Gabe Pankonin

The Logistics of Logistics

Gabe leads the Rocket Shipping team in handling the complexities of LTL shipments direct to consumer (DTC), including reconsignments, reverse logistics, claim handling/management, freight bill auditing, proactive track and trace, and workflow integrations.

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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. This research showed that leader shippers portioned their freight by primary roles at a given origin, and this clearly had a connection to accepting first tender on a lane. Previous research has shown that tender acceptance rates is correlated to price paid.

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Intermodal vs. multimodal freight: Which is right for you?

GlobalTranz

When it comes to freight shipping, there's no one-size-fits-all solution. Depending on the nature of your cargo, its size, weight, urgency and distance, choosing the right freight shipping method can significantly impact your bottom line. This is where intermodal and multimodal transportation come into play.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

For example, a few analysts might be tasked with discovering how the profitability of an order is linked to the transportation costs associated with that order. Freight costs and capital intensity are 10 to 15% lower—and customer delivery penalties and missed sales are 40 to 50% lower. Service levels are 5 to 20% higher.

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How to Create a Truckload Strategy That Works in Any Market

Talking Logistics

The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Your first objective is to segment your freight by some primary attributes. We have been studying truck freight attributes and strategies since 2006. Capture backhaul freight that aligns with their needs.

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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

I’d advise shippers to not get complacent about transportation costs for the longer term, however. The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Missed schedules could keep rates high well into November, when the holiday freight season would ordinarily start to wind down.

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