“Dan Goodwill is a well known consultant in the transportation sector and a published and prolific writer on current topics related to the industry. Dan's associates also contribute on a regular basis.”
2017 "Stepping Stone" to Great Change
Here are the top stories in freight transportation that caught my attention over 2016.
Freight Management is a Team Sport
Freight costs represent between two and five percent of revenue in many manufacturers and distributors. They are typically the single largest supply chain expense. When transportation costs begin to escalate, the transportation department and the transportation leader can become the “whipping boys” for senior management.
Passion
As I reflect back on my over 45 years in the working world, the issue of passion has been a driving force for me. There have been times when I worked for some fine companies and great leaders. I got up in the morning and couldn’t wait to get to work. I was proud to represent my company and I was very driven to see the company succeed.
The New Economic Paradigm of Freight Transportation
The US economy provided a number of mixed signals in December of 2015. Unemployment is at only five percent. Economic growth, while sluggish, has been able to generate a consistent 200,000 new jobs a month. But some other indices don’t look so good.
Final Reflections on Freight Bids
Over the past two decades, freight bids have become one of the most commonly used methods of sourcing freight transportation services. They have become popular with shippers for obvious reasons. When done well, they produce good results. Manufacturers and distributors can strengthen their supply chains by selecting a dedicated group of professional transportation companies and save money on freight costs.Final Reflections on Freight Bids
