Posts Tagged “carrier”
Automated freight bidding tools pay dividends for shippers, carriers and 3PLs striving for procurement optimization
Authored by SMC³ on September 18, 2019
At the start of the new year, it’s common for freight shippers striving for an optimized supply chain to review their carrier options to make sure they use the ideal mix of freight transportation providers. In 2019, this procurement business has lasted the entire year, as shippers and 3PLs look to take advantage of a softer freight market to secure better pricing and service.
Leonard’s Express uses this simple tool to uncover truckload pricing problems in the supply chain arena
Authored by SMC³ on July 25, 2019
Leonard’s Express began life with a single truck. Four decades later, the truckload operator has grown into a company with 450 trucks and 500 drivers moving freight across the nation. The carrier is an active user of SMC³’s Cost Intelligence System tool. Christopher DeMillo recently spoke with SMC³ about how he uses that tool to increase its profitability and how he sees the current supply chain landscape.
Authored by SMC³ on June 19, 2019
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.
Authored by SMC³ on April 1, 2019
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.
Authored by Brian Thompson on October 30, 2018
Volume LTL deals with shipments that won’t fill an entire truck, but don’t fit into contracted LTL rates. These goods can move on a carrier’s backhaul or chronic empty lanes and are priced at spot-market rates. With volume LTL, customers only pay the going rate for the space their freight occupies. Volume LTL is mutually beneficial for shippers and carriers.