Download Digest Last month we spoke on the rate per mile carriers seek to maximize utilization of their fleets with the end goal to keep the wheels moving in their operations. This month, we will explore challenging rate conditions and how execution strategy with alignment to the right asset and non-asset partners can pull your […]
Download Digest In many small to midsize shippers, the contract that exists between shipper and broker is a broker generated contract the Transportation Intermediaries Association (TIA) supports for its associated members. The TIA contract is a preferred agreement that allows for a broker to formalize its relationship with the shipper. Throughout the past decade many […]
Download Digest The approach to the TMS journey for shippers varies widely based upon the size, resources, and complexity of the organization. The larger the organization, the more apt that an outside consultant may be engaged. The smaller the organization, the more often you will find an operations or logistics manager spearheading the search with […]
Download Digest By all comparisons, 2020 raised the bar in presenting us with challenges to overcome both professionally and personally. Though the resounding response to 2020 becoming past history versus living history has been, “See ya.” There have been a number of lessons learned that we can use to keep our professional lives busy for […]
The one definitive in supply chain is that every action has a series of reactions. Those reactions drive policy, practice, behavior and a multitude of other conditions on the ground that we all manage. In the case of COVID-19, the impact goes even deeper from a psychological perspective in how we begin to mitigate risk […]
In today’s truckload rate environment, volume LTL and partial truck routing options become viable from both a cost basis and service standpoint. The lack of truckload capacity presents opportunities to reduce order quantities down to LTL size shipments in order to find routing options. The options rest in both traditional LTL carrier routing and partial […]
A freight factoring company is a financial third party that provides funding to a carrier at a discount to the actual receivable owed to the carrier by the shipper or broker. Freight factoring typically comes with two options. The first is when the factoring company takes most of the ownership of the carrier receivable and […]
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 […]
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