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.
In our business, failures are critical – but they are also important and teachable lessons. We define a failure as “an outcome that does not meet the client’s objective or stated expectation.” These failures can be a tremendous catalyst for innovation and improvement.
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.
It’s no surprise that over the last 20 years, the “Duopoly” of FedEx and UPS tops the list of carriers consistently over the span of time. This post shares some fun factoids and trends.
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.
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.
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.
Driver detention is among the issues stemming from poor appointment scheduling processes. Appointment scheduling is a big problem that needs to be addressed
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.
Read the full article here About Tony Wayda Tony Wayda is a seasoned leader with over 30 years of supply chain solution design and logistics software selection, implementation and management. Having operations and a technology background gives him a unique… Read More
