The ongoing pandemic has added an extra, thick layer to the already volatile environment supply chains have been facing over the last years, forcing shippers to confront several challenges with over-the-road shipments, complicating their successful navigation though the marketplace. From managing fluctuating transport volumes and costs, to improving delivery times and optimising routes, the need [...]
If you’ve been in the transportation and logistics industry as long as I have, you know there are always ebbs and flows to supply and demand. Right now, analysts* forecast truckload volume to increase 8% to 12% in 2021. The supply growth of Class-8 tractors is expected to expand only ~1% in the first half [...]
The transportation industry has faced volatility over the last several years, but nothing like the disruptions of 2020. The less than truckload (LTL) marketplace continues to face unique challenges due to the COVID-19 pandemic. One ongoing situation is longer than normal LTL transit times.
Like many industries, retail has been evolving for some time. Consumer demands are shifting shopping experiences and retail compliance programs are being enforced as the need to have the right inventory in the right place at the right time becomes even more critical. The COVID-19 pandemic has certainly sped up some of these changes, but [...]
Supply chains have faced unprecedented volatility, making it increasingly difficult for shippers to successfully navigate the marketplace. The transportation industry has faced volatility over the last handful of years, but nothing like the disruptions of recent months. From capacity shortages and missed customer requirements to a shift in shipping smaller, more frequent orders—truckload and less [...]
The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. In any environment, internal and external influencers regularly affect supply chain efficiency.
Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. However, flatbed freight can be an often-overlooked element to the success of key industries
The trucking market experiences many shifts in supply and demand that cycle between times of oversupply and undersupply of capacity. Each cycle brings a unique experience as various factors affect the peaks and valleys of balance, the transition experience, and the time to complete the cycle
This year, more than ever, heading into your annual truckload request for proposal (RFP) process can be daunting. As we face unprecedented market volatility, it is increasingly challenging to forecast and plan your truckload procurement strategies. In talking with customers, we often get questions like “When is the best time to do a truckload RFP? [...]
Companies want and expect innovation from their 3PLs, and as one of the world’s largest logistics platforms we’re focused on continuing to deliver new and innovative technology built by and for supply chain experts. We recently announced our latest innovation, Procure IQ™, which reimagines the way shippers purchase transportation.