Welcome to the May 2021 issue of JBF Freight Transportation Industry Bulletin, a monthly newsletter curated by the JBF Consulting team, with a focus on supply chain, transportation, logistics and of course freight.
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In This Issue
Roadblocks in Transformational Technology Implementations
Business Leadership identified as the biggest challenge in a TMS implementation underscores the value of an external consulting partner to guide the …read more
We Are Hiring!
Know anyone with experience who might be interested? Send them our way.
The Self-Aware Supply Chain Runs Itself
Thanks Radu Palamariu for sharing this image on LinkedIn about quantum leaps...not incremental progress! BTW this is not real - every level above 4 might be some kind of "wonderland".
The ERP becomes self-aware and takes control from all the people in the supply chain. Robots make the product, store them, picks them, and loads the trucks. Trucks run by computer. No people needed. No management needed. The self-aware supply chain runs itself. Original source: CR Supply Chain blog
A positive factor to consider is the financial returns we are seeing from the publicly traded TL and LTL carriers.
Over the past 14 months, these carriers have seen significant upswings in their share prices and financial well being, especially in the LTL sector. Lower operating ratios enable carriers to invest more in assets and labor, which will ultimately serve as a brake on the seemingly one-way direction of freight rates.
Read the latest Transport-Centric Macroeconomic Metrics here.
Meet the JBF Cleveland Crew
First gathering of the Cleveland JBF crew in many, many months at local favoriteCowboy Food and Drink! Pictured here are from left to right: Griffin, Justin, Adam, Dennis and Chris
Hot Topics on LinkedIn - Join the Conversation
ICYMI here are some interesting conversations happening over on LinkedIn.
- The ‘unsustainable” grocery delivery wars
- Do carriers have short-term memories in tight freight markets?
- Safety ratings at risk for violators of proposed speed limiter law
- JOC’s analysis of top importing firms
MEME of the Month: The Silo Mentality
Can you relate? Original LinkedIn post
Has Your Business Changed in the past 18 months?
If you answer YES, then it’s probably time to reassess your TMS. If you’re like most businesses this past year has been a dramatic shift in your transportation network and operations. Where do you now focus your attention?
The fine print: This newsletter is being provided to the reader as a general overview of current market conditions and contains information compiled by JBF Consulting from a variety of sources. This newsletter is provided solely for general informational purposes and is not intended to be, nor should it be construed by the reader as, specific advice or a solution tailored to a particular company or client. Before acting on any information, you should consider the appropriateness of the information provided to your company’s circumstances and it is recommended that you seek independent advice if you have questions specific to your own objectives.
JBF Consulting makes no representation or warranty as to the accuracy or completeness of the information contained herein and shall have no liability for any representations (expressed or implied) regarding information contained in, or omitted from, this newsletter.