Archive for the “LTL” Category

Volume LTL pricing for a logistics happily ever after

As the leaders in LTL rating, SMC³ is the provider of choice for LTL freight APIs and analytical transportation tools. To fit the various needs of its customer base, SMC³ offers both a Volume LTL API and a standalone Volume LTL Rater. Shippers and 3PLs utilize SMC³’s best-in-class rating solutions to optimize their transportation spend, saving time and money on their LTL shipments throughout North America.

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5 questions with C.H. Robinson CEO Bob Biesterfeld

Bob Biesterfeld, CEO of C.H. Robinson, recently spoke with SMC³ about the state of the industry and how technology is helping logistics stakeholders achieve their business objectives. During the Connections 2019 supply chain conference later this month, Biesterfeld will speak during the ”Conversations with Leadership” on the opening day of the educational event.

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Reading the supply chain trends: Are lower freight transportation rates for shippers and 3PLs around the corner?

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.

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How do automated volume LTL pricing solutions help the logistics community?

Volume LTL is a valuable feature of today’s supply chain because it fills the gap between LTL and truckload transportation. It can really be looked at as a mutually beneficial arrangement among shippers and carriers. These shipments can move in a carrier’s backhaul or chronic empty lanes, helping to balance the carrier’s network. The pricing is derived from transactional spot-market rates, which are often lower than contractual rates, saving shippers money.

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Automated transportation procurement = win-win for carriers and shippers

Bid$ense helps customers automate transportation purchasing within their overall procurement process, a crucial step when looking for a competitive edge in the fast-paced supply chain arena. The automated procurement solution, which provides immediate access to more than 500 carriers, leads to quicker RFP turnarounds, standardizing carrier responses to shipper inquiries and streamlining the entire process.

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