As the years go by, there is an increasing amount of useful content appearing on the internet. Some of it is designed specifically for truckers and much of it is free or available at a very reasonable price. Here are a few sites that can help trucking companies improve their performance and better manage their […]
There is Lots of Good Free Stuff for Transportation Professionals on the Internet
Rosalyn Wilson presented the CSCMP’s annual State of Logistics Report at the National Press Club in Washington, DC on June 15. Each year this very valuable publication outlines the major economic forces shaping the world of logistics and highlights the results of these impacts. Here are some of the findings that struck me as significant. […]
Last week I had the opportunity of seeing the famous ex-CEO of General Electric, Jack Welsh, interviewed on CNN’s Piers Morgan show. There were several things that Jack said that were interesting, one of which is highlighted in this blog. Jack made the point that good leaders are able to craft, communicate and sell their […]
The less than truckload segment of the freight market was hit particularly hard during the Great Recession. This asset-heavy component of the freight market faced a number challenges. Truckload carriers siphoned off some of the larger LTL shipments, parcel carriers picked off a segment of the smaller LTL loads, and overcapacity placed downward pressure on […]
Rate Increases – Elevating the Shipper/Carrier “Tug of War” into a Business Partnership
14 years ago
One of the highlights of last week’s Transportation Company Workshop that was held in Toronto was the panel discussions on rate increases. The two shipper panels contained some of Canada’s largest retailers and manufacturers (e.g. Loblaw Companies, Nestle). The six shippers were in agreement that to obtain a freight rate increase, the burden of […]
A Carrier’s Guide to Responding to Freight Bids
14 years ago
Over the past decade, freight bids have become very popular with shippers across North America. Freight bids, reverse auctions, freight RFP’s and freight RFQ’s are being employed by shippers of all sizes and industry groups to source carriers and manage freight costs. Carrier responses range from excitement at the possibility of securing new business to […]
A cost effective supply chain can be a competitive weapon. Companies such as Wal-Mart have reaped significant financial rewards from their skills in managing their supply chain costs. Even as the economy improves, manufacturers and retailers continue to seek ways to reduce their logistics costs and increase efficiencies. As consultants who get to work with […]
Tight capacity is driving shippers and carriers to take a hard look at the value of freight contracts. Shippers are seeking rate stability, good service and capacity commitments. Carriers are looking at securing the most attractive yields on their assets and consistent volumes on lanes that fit with their core competence. One method of helping […]
Shippers are changing their Transportation Paradigms to Address Capacity Shortages and Rising Freight Rates
14 years ago
The improving job numbers this past week provide further confirmation that an economic recovery is under way. The drop in commodity and fuel prices is likely a brief reprieve on the way to a further upswing in business growth. With rising demand, shippers are facing abroad array of challenges in 2011. A tightening transportation equipment […]
Understanding the Canadian Freight Market
14 years ago
<p>While much of the world’s attention has been focused on the “wedding of the century” in London this week, history is about to be made in one of the British Commonwealth’s largest and oldest countries, Canada. If the polls are correct, the National Democratic Party or NDP is expected to finish second, ahead of the Liberal Party (for the first time) and possibly rob the Conservatives of a majority government. We will have to wait until Monday night to see how the vote plays out.</p>