“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.”
It’s all in the numbers
A company’s freight spend often represents between 2% and 10% of its total expenses. Formany companies in the manufacturing, distribution and retail sectors, their freight spend hasa direct impact on the company’s bottom line...
Competing with the giants
At a recent transportation industry conference, an executive of one of Canada’s major freight carriers was quoted as saying that within the next 25years, the transportation industry will be controlled by 15 global transportation organizations. What struck me as amusing is how many times I have heard the same prediction over the years...
The Backup Plan
The safety and dependability of your company’s supply chain can “make or break” your company. A supply chain is only as strong as its weakest link. A failure to deliver your company’s products on time can shut down an assembly line and result in fines and lost revenues. While product recalls (i.e. toys, pet food, cars) have recently been receiving front page attention, service failures caused by poorly designed freight transportation programs happen every day across North America. Are you doing everything possible to ensure the dependability of your freight transportation program?...
Ready for crude oil at $200 a barrel?
Jeff Rubin, a respected CIBC World Markets economist has predicted that crude oil will hit (US) $150 a barrel by 2010 and $200 a barrel by 2012. This would translate into $7 a gallon in the US or (Cdn) $2.25 a litre, twice current levels. His arguments are that world oil production has stagnated at 85 million barrels a day over the past two years. Even with the possible reduction in demand in the western world, the growing demand in China, Russia, India and the Middle East will more than offset these declines over the next five years...
Which TMS is best for you?
As economic indicators improve, there is growing interest among carriers to restart some of their infrastructural systems improvement projects that had been postponed due to cost cutting. A typical question is simply, “What TMS (Transportation Management System) should I buy?”...
