Following up on our earlier segment on data, we recently had an opportunity to participate in a truckload RFP, and as a result, attempted to not only make sense of the current market, but more importantly, predict the future market. As we look at the volatility in the market with states mitigating the impact of […]
Regardless of your spend under management, TMS technology is more easily engaged today than it ever has been. Cloud based platforms are dominating the market. According to Orbis Research in an article published by GlobeNewswire (2020), the global Transportation Management Systems (TMS) market size is expected to gain market in the forecast period of 2020 […]
Last year, Market Watch rolled out a press release stating a 14.8% growth in TMS technology by 2024. Acceptance of a TMS, Transportation Management System, is gaining ground due to ease of implementation and low cost. TMS is becoming accepted by shippers regardless of size or complexity. The evolution of TMS has become generally accepted […]
2019 has shown that technology adaption in supply chain is moving at a rapid pace. What is now available is an array of technology solutions that can directly address the concerns of shippers. The key concerns for shippers still remain cost reduction, enhancement of the customer experience and controlling market variables that impact carrier pricing. […]
As we have seen by the recent storms, winter has arrived to most parts of the U.S. It does not take a great deal of unsettled weather for driving conditions to deteriorate and late deliveries begin piling up. Regional weather impacts can have the most dramatic impact on customer service as carriers will shut down […]
We have been seeing new ways carriers are reacting to shippers and receivers that take productive time out of a driver’s day. Picking up a shipment and delivering a shipment are the necessities to bill revenue, however it is the movement of the shipment that drives the revenue. Regardless of mode, carriers are increasing existing […]
October’s rate per mile rose to it’s highest level since June, coming in at $2.14 per mile. The question on everyone’s mind is, “Are we seeing the bottom on truckload rates?” Let’s see if we can make any sense out of the market with a breakdown on some of the other market indicators. Truck Sales […]
Many of you are currently in the midst of budget season and the looming question surrounding all of us is, “What will freight rates do next year?” To be able to give an answer that has both logic and reasoning behind it, we will be looking at two of the key indicators that we are […]
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