Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. However, it also shows that some freight does not do well in a committed route guide. So you probably are wondering: should I be moving some of my truckload freight from my route guide to the spot market?  The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. However ..read more

Do month-end or quarter-end freight surges affect your transportation costs? You’re certainly not alone in asking this age-old question! Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, and that your routing guide may not work as well as it usually does during those times. Our research with Iowa State University and MIT’s Center for Transportation and Logistics have identified the impact of the last 4-days of a quarter to route guide performance, paving the way for applying strategies to mitigate the risk of cost over runs. Freight surges at ..read more

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. Now you can obtain transportation services where you already operate as well. In fact, today you can procure freight rates from your transportation providers right in your TMS. Through transportation management system (TMS) integrations and application programming interface (API), you can get real-time truckload rates further upstream in your process—simplifying many manual tasks so you can better streamline and save costs on even yo ..read more

Over the last two years, fuel prices have increased 72% per gallon. That can add anywhere from $165 (500 load miles) to $660 (2,000 load miles) in cost per trip. While oil prices are particularly difficult to predict, there are ways to mitigate the impact of these rising fuel charges. Track and reduce non-revenue generating miles. Be sure to track and actively minimize non-revenue generating miles. According to a 2020 survey by ATRI, 20.6% of miles were reported as deadhead. Especially in times of high fuel costs, a high percentage of deadhead miles has significant impact on your bottom l ..read more

A TMS, or transportation management system, is a digital platform that streamlines shipping processes by providing visibility into all transportation activities on one online interface. A TMS automates processes a shipper currently has in place. It also provides insights into new ways that the shipper can save time and money on future shipments. Such insights include transportation planning and execution, business intelligence, freight payment, and disaster recovery.  In this post, we’ll look at the major functions of a TMS, the benefits of these systems, the challenges companies face whe ..read more

Today’s consumers are very particular about their supply chain experience. They want to know how their order is progressing through every stage of the journey in a global and dynamic environment. Speed, flexibility, and consistency are not only expectations but demands, which make supply chain execution and visibility vital to delivering a positive customer experience.  In a survey from Voxware, 69% of respondents said they are less likely to shop with a retailer if an item is not delivered within two days of the date promised. Additionally, 97% of consumers expect to be able to live trac ..read more

Have you heard about companies investing a lot of money, time, and resources to implement a transportation management system (TMS), only to have to shelve the system later because the ongoing savings or efficiencies weren’t meeting expectations?  While the software as a service (SaaS) model is helping reduce the time and effort that goes into implementing these systems, even the most sophisticated TMS technology is ineffective without the right talent behind it. Companies that solely use their own employees to power the TMS may see initial cost savings, but what if those employees leave ..read more

Today, only 10% of U.S. truck drivers are women. That means there is a significant opportunity to alleviate some of the pressure the chronic driver shortage continues to create by attracting and retaining more women across the supply chain. My colleague Jason Craig, C.H. Robinson’s director, Government Affairs, put it well when he said, “When the industry talks about a driver shortage, they talk about quality of life, how they can’t recruit people, or if they could just recruit younger drivers, we’d solve the whole problem. All those issues are important, but the fact is we’re missing out on a ..read more

Content Eth Price Chart Daniel Arsham Is Set To Unveil A New Collection Of Furniture #1 Ethereum 2 0 Is On The Horizon Ethereumprice Org That’s a kind of ledger that records and verifies transactions made on it. All transactions made on these so-called decentralized networks are public and not controlled by one governing entity. Every effort is employed to ensure accuracy of exchange rates and information relating to money transfers. However, we do not offer any financial advice or recommendations. We will not be held liable for inaccurate exchange rates or any data at exchange-rates.com ..read more

Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. In our first Market Insights Live! event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. Q1 2022 Supply Chain Trends and Hot Topics As many of you have experienced firsthand, there are several factors influencing shipping today—most are adding challenges to an already constrained market. During the live even ..read more