As spot market rates decrease, carriers must prepare to reassess profitability on every lane. In a recent Truckload Carriers Association webinar, SMC³ joined TCA to explain the best cost accounting practices to determine which hauls are most efficient for your operations.

As part of the recent SMC³ LTL online education exclusive hybrid session, industry experts discussed the basics of dock operations and how they’ve changed as technology has advanced.

The changes over the last few years, including the COVID-19 pandemic, have added new layers of complexity to the RFP process for LTL shippers and carriers. The SMC³ educational workshop on Removing Complexity from the LTL Bid Process recently tackled some of these layers directly with help from logistics experts around the industry.

As part of the recent SMC³ LTL205 interactive educational session, industry experts discussed the forces changing the shipper/carrier relationship and how both sides can proactively prepare for the future.

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.

In order to build out best-in-class bidding strategies, both supply and demand side organizations need to invest in the right set of bidding and procurement tools to set them up for long-term success. Using tools like SMC³’s BidSense® enables shippers to engage a broad range of carriers, helping to gauge the offers of existing carriers against other providers to find the best deal amid a rapidly changing market rate.