Modernized Base Rates Simplify LTL Price Contracts

Today’s top LTL carriers have different network needs and service offerings, and that is reflected in the way they calculate LTL shipping rates. Without a neutral, standardized pricing foundation that takes shifting freight flows and modern market pressures into account, it’s impossible for customers to accurately and reliably compare one LTL carrier to the next. Shippers and logistics services providers can simplify their LTL pricing with a modern base rate that reflects the country’s demographic profile and the flow of domestic freight.

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behind the scenes

Behind the scenes at SMC³ with Mark Artis

SMC³’s Mark Artis recently sat down to chat about his role at SMC³, how his career began in the truckload industry and how the Cost Intelligence System product lets carriers quickly, efficiently and accurately derive cost and profitability information from their operations.

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freight bidding

Automated freight bidding tools pay dividends for shippers, carriers and 3PLs striving for procurement optimization

At the start of the new year, it’s common for freight shippers striving for an optimized supply chain to review their carrier options to make sure they use the ideal mix of freight transportation providers. In 2019, this procurement business has lasted the entire year, as shippers and 3PLs look to take advantage of a softer freight market to secure better pricing and service.

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How do logistics and supply chain conferences complement supply chain on-the-job training?

The optimal way to understand the intricacies of today’s supply chain environment is to participate in an educationally focused transportation conference. Events hosted by a reliable company with decades of industry expertise arm attendees with new supply chain ideas and transportation tools.

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Is technology a competitive advantage in the modern supply chain industry?

New technology and the introduction of innovative supply chain solutions into established processes is one way to combat transportation issues. Brian Thompson of SMC³ sees the uptick in technology adoption, and a broader adoption of transportation management systems among even the smallest transportation companies, as a sign of how shippers and 3PLs are now confronting a challenging supply chain arena.

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