Posts Tagged “transportation”
Authored by SMC³ on June 10, 2019
This year at Worldwide Express, Tom Madine, the company’s CEO, has been seeing logistics industry insiders operate from a position of strength and profitability. While the supply chain is humming along, there are also some signs for concerns. Madine recently spoke with SMC³ about how he sees the current logistics arena in advance of the Connections 2019 supply chain conference.
Authored by SMC³ on May 30, 2019
Bob Biesterfeld, CEO of C.H. Robinson, recently spoke with SMC³ about the state of the industry and how technology is helping logistics stakeholders achieve their business objectives. During the Connections 2019 supply chain conference later this month, Biesterfeld will speak during the ”Conversations with Leadership” on the opening day of the educational event.
Authored by SMC³ on May 15, 2019
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.
Reading the supply chain trends: Are lower freight transportation rates for shippers and 3PLs around the corner?
Authored by SMC³ on May 9, 2019
While carrier pricing is stable for the time being, there are signs that the rest of 2019 could bring about a different reality. Even a perceived loosening of freight rates is a signal to transportation buyers throughout the supply chain. If Old Dominion customers are currently finding carriers willing to use higher discounts to attract business, other carriers are also seeing the same from LTL shippers, and this means a significant trend might emerge. SMC³ has also witnessed an increase in LTL bid activity generated through its Bid$ense product.
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.