The final day of Connections 2023 kicked off with Webb Estes, president and COO of Estes Express Lines, sharing insights from his career as a leader in the LTL market. Estes Express Lines is the largest family-owned trucking company in the United States and the fifth-largest LTL carrier with $4.4 billion in revenue. 

The second day of Connections 2023 opened with Mike Horvath, the EVP, CMO, and co-founder of Revenova, a CRM-based TMS company, identifying several trends that he saw shaping shipping and logistics, as well as certain risks that might be upcoming in the industry. 

Attendees on the first day of SMC3’s 2023 Connections were treated to a keynote presentation from Daymond John, serial entrepreneur, founder of FUBU, and a certified shark from ABC’s Shark Tank.

Embargoes are common in less than truckload (LTL) shipping. While there are many reasons why a carrier might set a freight embargo, they’re often necessary for carriers to comply with legal restrictions, overcome logistical challenges and balance capacity during times of peak demand.

With dynamic freight pricing, LTL carrier pricing is flexible and responsive to the many factors that can impact the industry. Shifting to dynamic pricing gives carriers the flexibility to offer real-time pricing and the ability to make changes at a moment’s notice that reflect current market conditions.

A recent SMC³ educational workshop covered the inherent value of data and how transportation companies can harness it to drive their digital transformation. Here’s how shippers, carriers, and 3PLs can move toward the data-driven future.