Archive for May, 2019
Authored by SMC³ on May 15, 2019
Shippers and 3PLs use PRO numbers to track goods through the supply chain, but when carriers pick up shipments, these identification tags haven’t historically been automatically generated at the point of dispatch. Consumers have been demanding greater visibility into their shipments, and real-time visibility accessibility has become job number one for transportation providers. But the timely transfer of PRO numbers from carriers to shippers has constrained visibility growth.
Reading the supply chain trends: Are lower freight transportation rates for shippers and 3PLs around the corner?
Authored by SMC³ on May 9, 2019
While carrier pricing is stable for the time being, there are signs that the rest of 2019 could bring about a different reality. Even a perceived loosening of freight rates is a signal to transportation buyers throughout the supply chain. If Old Dominion customers are currently finding carriers willing to use higher discounts to attract business, other carriers are also seeing the same from LTL shippers, and this means a significant trend might emerge. SMC³ has also witnessed an increase in LTL bid activity generated through its Bid$ense product.