How to Use Big Data to Reduce LTL Spend In any area of competition— whether it is sports, games, or business— you need carefully crafted, comprehensive strategies that will enable your team to win. So, how do you start building a winning strategy? You start with data. Today, transportation companies around the world are working [...]
When someone mentions the Internet of Things (IoT), people often think of smart devices, wearables, or even how your heating at home regulates itself. However, the influence of the IoT goes far beyond that. More specifically, it’s impacting the logistics world and global supply chains.
We hoped to answer: To what degree do distance and volatility of tenders affect carriers accept/reject decisions?
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. [...]
When you’re picking carriers to move your freight, there may seem like an overwhelming number of options. In fact, there’s an estimated 206,600 for-hire full truckload carriers in the United States. Yet despite all the options, securing the equipment you need can be challenging—especially during a tight market.
Supply Chain Solutions: What You Can Learn From the Semiconductor Industry | Transportfolio Companies in technology-based industries are vulnerable to becoming obsolete unless they can quickly assess their biggest supply chain challenges and apply the right resources to solve problems. It helps to have a reliable, global logistics provider that understands what’s at stake—a provider [...]
Is the longest run of supply/demand balance since deregulation ending? As balance/price tensions mount, shippers seek assured capacity and predictable costs
You can develop a comprehensive truckload plan so you’re prepared to handle just about anything.
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 [...]
In a previous post, I explained why chasing the highest rates doesn’t pay. It focused on the importance of building long-term relationships with your customers instead. Today, I’m going to share tips to get started building those coveted relationships.