A common theme this year has been trying to explain to business leaders exactly why transportation budgets are woefully under estimated. What factors have been influencing them since the fourth quarter of 2017?
A major shortage of drivers, a new mandate, high loads and even Mother Nature have all contributed in their own ways. Here’s how these factors have impacted the shipping market, truck drivers and your business, and what you can expect to see throughout the rest of the year.
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In any endeavor, there are varying levels of success. This is true for supply chains, too. And the right technology, specifically a transportation management system (TMS) is the connective thread that makes the highest level of supply chain success possible. » Read More
Last December, the electronic logging device (ELD) mandate went into effect for the broader carrier community, marking a change in how professional truck drivers and commercial motor carriers log hours of service (HOS). The federal ELD mandate, which states that fleets previously using paper logbooks needed to equip their trucks with ELDs, went into full enforcement—which includes issuing non-compliant drivers with out-of-service citations—on April 1, 2018, with the exception of a limited 90-day waiver for the transportation of agricultural commodities that remains in effect until June 18. » Read More
After a strong finish in 2017, flatbed demand has continued to soar in 2018 resulting in historic supply and demand imbalances across North America. » Read More
How Generac Power Systems Cut Millions from Its Global Transportation Spend | Transportfolio
It’s exciting when your company grows rapidly through merger and acquisition. It’s challenging, too, and managing through change can be difficult. Yet, there are steps you can take to standardize processes and systems—and do it quickly with the right tools and resources. Generac Power Systems, the number one manufacturer of home backup generators, became an international company in a few short years and developed a global supply chain that is now prepared for the next stage of growth. Here’s how they did it.
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Just how collaborative are your internal departments? If you’re running into issues when one department makes a decision that unintentionally affects one or more aspects of your supply chain, your answer is probably along the lines of “not very.” And it may be holding back your transportation team’s effectiveness.
In many organizations, transportation is simply the recipient of collaboration that happens in other supply chain functions. Under that model, transportation teams can only respond to what comes their way. Instead, transportation should have a say in the collaborative planning process right along with the other supply chain functions. When brought to the table earlier, transportation can be a more proactive contributor to overarching supply chain goals.
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Construction season, which takes place in the warmer months, means that flatbed shipping’s popularity grows. As a result, for small to mid-size shippers, finding and sourcing flatbed capacity becomes increasingly difficult this time of the year.
Thus, due to the seasonal swings and a fragmented carrier base in the flatbed market, many shippers delve deeper into their route guides and often resort to spot market bidding as their route guides are exhausted. This leads to increases in costs as well as more time spent trying to procure capacity.
Breaking into Global Markets, One Tesla at a Time | Transportfolio
When a 100-year-old toy company collaborates with a leading automotive and technology manufacturer, the possibilities are limitless. But when that mix is powered by a comprehensive logistics solution, it can really go the distance.
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5 Reasons to Attend CSCMP Edge | Transportfolio
Within a month of joining the Council for Supply Chain Management Professionals (CSCMP), I attended the organization’s annual global conference. While there, I connected with a vice president of transportation at a major big box company, who gave me an hour and a half of her time, helping me get started on my journey to building out a distribution process. Because of this conversation, this connection, we were able to expand our business at an unprecedented rate. To this day, it remains the most valuable conversation I have ever had in my career. » Read More