Posts Tagged “truckload”

Intermodal gives shippers, 3PLs relief from tight trucking market, says Norfolk Southern VP

Jeff Heller, vice president of intermodal and automotive at Norfolk Southern, is one of the speakers for the Jump Start 2019 supply chain conference, which will take place January 28-30 in Atlanta. He recently spoke with SMC³ about the impact the tight trucking capacity market is having on the intermodal industry.

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Shippers turn to volume LTL spot pricing in tight capacity market

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.

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SMC³’s carrier tool is loaded with features

The activity-based freight costing model, Cost Intelligence System, allows carriers to analyze transportation costs at the load level and optimize shipment profitability and improve customer service. The result is a unique set of data points – not a freight costing average.

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SMC³ talks APIs, freight shipment visibility and big data

SMC³’s chief commercial officer Brian Thompson recently sat down with MercuryGate’s John Martin on “Talking Logistics with Adrian Gonzalez” to discuss achieving visibility for LTL freight shipping and obtaining the right data that can drive efficiencies throughout the entire supply chain.

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How did Groendyke maximize profitability, customer service with SMC³’s costing model?

A truckload carrier recently ran into difficultly when it tried to establish the profitability of each client. By using SMC³’s activity-based freight costing model, the carrier was able to establish an operating ratio for each customer. Today, the carrier is using the shipment costing solution for transportation pricing and to quote new supply chain business.

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