Shipper Strategies to Navigate through Q4

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Shipper Strategies to Navigate through Q4

3 years ago
These are challenging times for shippers. Driver, labor and truck shortages, port congestion, escalating freight and fuel costs, coupled with the lingering effects of Covid are making life difficult for shippers across the world. Here are a few coping strategies 1. Work in Partnership with Procurement to Create Alternate Sourcing Strategies for both Raw Materials […]
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What are Some Lessons that Shippers Can Learn from the Past Two Years?

5 years ago
From a Freight Transportation perspective, the past two years have been among the most tumultuous in decades. Throughout 2018, an economic surge, a shortage of qualified drivers, and the implementation of the ELD mandate in the United States, created a shortage of freight capacity, particularly in the truckload sector. Shippers struggled to find trucks to […]
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The STS Focused on the Profound Changes Shaping the Canadian Transportation Industry in 2019

6 years ago
The Surface Transportation Summit celebrated its 10th anniversary at the International Centre on October 10. The event addressed the profound changes that have taken hold of the Transportation industry in 2018 and where they will likely lead us in 2019. Paul Ferley, Assistant Chief Economist, Royal Bank of Canada, kicked off the day by highlighting […]
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The Freight Market is Hot and it is Going to get Hotter

7 years ago
North American freight markets are witnessing the strongest demand for transportation services in decades. Contract and spot freight rates continue to soar. The contract rate average revenue per mile rose 3.5 percent in 2017. Through the first two months of this year, contract truckload freight rates have jumped 15 percent per mile! “We’ve never seen […]
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This may be a Pivot Point for the Intermodal Business

7 years ago
Periodically, business conditions change. These changes can have positive or negative effects on certain sectors of the freight transportation industry. Intermodal transportation uses at least two modes of transportation (i.e. road, rail) to move freight. The intermodal option works best when the rail service provider has terminals within a fifty-mile radius of the origin and […]
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Two Keys to Maintaining Truck Capacity this Winter

7 years ago
We have been hearing about the possibility of a trucking capacity shortage for several years. While there have been sporadic shortages in specific geographic areas, for particular modes, the predicted massive shortage never materialized. This year may be different. Two major hurricanes caused major damage to homes and infrastructure in Texas, Florida and adjoining areas. […]
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