Truckload costs—and the corresponding market prices—are still at or near the lowest threshold that the market can support. Truckload Breakeven Price Per Mile is now above $2.50 for the first time.
With a shifting market across both the demand and supply sides, there are fundamental questions that many managers and leaders are asking: Are these prices going to stabilize? Are we in for further volatility? What do I need to know about shifting market rates and actual operating costs? And how does all of this affect my business strategy? Find the answers in the latest 2023 update.
Over time, the system degrades into a large, unwieldy electronic clipboard where daily operations can be managed, but the value that drove the initial investment is largely incremental and not truly transformative, as had been envisioned.
As supply chain disruptions lag on, costs continue to increase, and labor remains hard to find, we know there are more than a few things today’s supply chain leaders are hoping Santa brings them so they can be more prepared in the year to come.
Most shippers drop the ball by not paying enough attention to the post-bid process which prevents them from capturing all of the benefits afforded to them. In our experience working with clients we’ve come up with the top 10 post-procurement activities that will help you extract maximum value from your transportation freight spend. Staying on top of these activities can be a challenge for even the most experienced teams. Don’t let these slip through the cracks and you’ll be able to incrementally improve your processes—and uncover some hidden benefits along the way.
Trimble announced last week that it would be shutting down Kuebix as of 2025 as they ‘pivot’ to an alternative product. But this article is not about Kuebix, nor is it about Trimble. This article is about the customers that software vendors like Trimble (and Blue Yonder, and SAP, and e2open, etc.) are “pivoting on.”
In this podcast episode, Adam Perlmutter chats with Mike Mulqueen, Consulting Strategy Practice Lead at JBF Consulting about logistic systems and the complexity of selecting the right one. Mike also outlines big logistics technology changes, recent market trends, and key technologies/considerations that shippers should be watching.
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.
“Few shippers, tech vendors, or implementation partners have all the tools and skills to build an addition to your “logistics house.”
“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.