The transportation freight bid process can be complex and challenging. Here are 7 ways you can simplify the process and increase the likelihood of a successful bid.
From a shipper perspective, the softening of the US freight markets comes as a welcome relief. Contract rates, which have remained stubbornly high, have slowly begun to fall. There is still a significant delta between contract and spot rates, however market forces will put downward pressure on contract rates to close this gap over the next few months.
The RFP isn’t broken. Your process is! In this webinar moderated by Marney Edwards of Loadsmart, industry experts Rush Feldhacker of Metafora and Dennis Heppner of JBF Consulting discuss why the annual RFP is going extinct.
Check out this lively conversation with Joe Lynch and Michael Wolf, JBF Client Engagement Director, on this latest episode of the Logistics of Logistics Podcast. They discuss why freight tech fails and what can be done to improve the situation.
“The old way of doing business, where a carrier has to commit to providing capacity (on a lane) for an entire year is not working anymore. There is a need for a nimble, continuous bidding process.” says Mike Mulqueen quoted in today’s Forbes article ‘Freight Truck Shortages Are Changing The Face Of Logistics’ by Steve Banker.
📭 Subscribe to the JBF Monthly Bulletin for Industry Updates OCEAN CONTAINER RATES (Asia to US) As we watch the global ocean container situation unfold, there are a few interesting backstories to keep an eye on: 1. End to End Solutions… Read More
JBF Consulting and Metafora are partnering up to deliver smart TMS solutions across the shipper and 3PL world. Supply chain has never before been such a headline maker. With uncertainty of estimated delivery dates and production timelines slipping, shippers are… Read More
A few fundamental questions: Will the prices ever come back down? If they do, by how much? And whether they keep going up or come down, what can we do about it?
“Just about every sector of the American economy relies on trucking, and if the trucking industry ceased, many of our lives would be affected.”
There is no shortage of tech options in our industry. The reality is, some will make it, and some won’t. Being able to decipher who is real and who is not is a key question! Check out this conversation with Mike Mulqueen and Chris Jolly aka #TheFreightCoach as they discuss freight tech trends. Mike shares insights on the largest TMS companies and some of the recent mergers and acquisitions.