Archive for the “Transportation” Category

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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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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How can PRO number API tools aid supply chain visibility throughout the shipment lifecycle?

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.

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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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Day two of Connections features automated RFP discussion, talk of transportation trends

SMC³ hosts its Connections and Jump Start educational conferences in order to bring together supply chain stakeholders for three days of informative panels and targeted, meaningful networking. But on the first two days of Connections 2018, there was plenty of talk of the NBA and of one star player in particular.

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