SMC3’s Jump Start 2024 conference began with Andrew Slusher, SMC3’s CEO, noting record-high attendance. Drawn by the promise of dynamic conversation on the state of the supply chain, participants saw the first day unfold with a series of presentations that varied from the qualities of leadership to what macroeconomic trends to expect in the coming year.

The less than truckload (LTL) industry is no stranger to freight embargoes. They have become more common in recent years as the COVID-19 pandemic upended the supply chain world and led to temporary LTL service outages due to surging demand and constrained carrier capacity. Freight embargoes are imposed by carriers in a range of forms — timeframe, geographic region, or specific freight characteristics, just to name a few.

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

It shouldn’t surprise anyone that the supply chain and logistics industry churns through mountains of data to move products from the point of origin to the final destination. According to the American Trucking Association, there were 11.46 billion tons of freight transported by trucks in 2022 and you can imagine the volume of data generated […]

The trucking industry has a significant challenge—knowing which customers and accounts are most and least profitable. Having this information can empower carriers to move freight more efficiently and cost effectively, which thereby improves the bottom line. This challenge took center stage at a recent TCA webinar where participants from SMC3 and XTL Transportation Inc. discussed how to make better business decisions through activity-based costing. When asked how carriers do costing today, the vast majority of the attendees said they rely on team member experience and knowledge.

Excitement can reach a fever pitch when shippers and third-party logistics (3PL) providers make the decision to automate freight transportation, and for good reason. Traditional manual practices of rating carriers, receiving quotes, scheduling pickups, tracking shipments and gathering all the necessary documentation can be time-consuming and inefficient.