Freight Bid Tip # 10. Implement Robust Compliance Tracking Processes

Freight Bid Tip # 10. Implement Robust Compliance Tracking Processes

9 years ago

Some shippers operate under the misconception that once the bid awards have been made, the RFP process has been completed. This is not the case. There is another critical step that can “make or break” the bid process. It is absolutely essential, particularly in multi-plant companies, to have a process in place, immediately upon implementation, […]

Freight Bid Tip # 5. Conduct Multiple Rounds of Bidding

10 years ago

The objective of a freight bid project is to secure a range of carriers and logistics service providers that are best able to supply a shipper with the service (e.g. transit times, customer service, shipment tracking information), capacity (e.g. drivers, tractors, trailers, straight trucks) and pricing to ensure the company has a competitive advantage […]

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As Freight Rates Go Up, an RFP is still one of the Best Ways to Control Freight Costs

10 years ago

This year, all signs point to rising freight rates. With driver shortages across North America, driver wages are on the rise. On an almost daily basis, there are reports of trucking companies offering signing bonuses and pay for performance (productivity) packages to attract more drivers (at a higher cost) to their firms. Capacity shortages, government […]

What Can Shippers Do to Mitigate the Upcoming Freight Rate Increases?

11 years ago

Freight rate increases are coming this year. The economy is on the upswing. Truck capacity is tightening as driver shortages, government regulations, cost overruns from a very challenging winter and carrier financial prudence all push freight rates in one direction – – – higher What can shippers do to mitigate the impact? A lot. Here […]

More on Shipper-Carrier Collaboration and Freight Bids

12 years ago

In last week’s blog, I shared some ideas from the recent SCL – CITA annual conference on how to improve shipper- carrier collaboration. Various suggestions were proposed by a panel consisting of two leading shippers and two major Canadian carriers. Some other thoughts were expressed during other tracks that day. The panelists presented some suggestions […]

Transportation Trends in 2013

12 years ago

The New Year will be an exciting one that will likely be shaped by the financial talks currently taking place in Washington. Here are some of the key trends to watch for in the coming year. 1. The “Fiscal Cliff” Crisis may determine the level of the Economic Recovery in 2013 As the year comes […]

Cost Savings is the Number 1 Priority in Freight Bids in 2012

12 years ago

American Shipper conducted their annual shipper survey earlier this year to determine Best Practices in Freight Transportation Procurement. The magazine contacted 275 manufacturers and retailers in May of 2012. The results were published on June 27, 2012. They reveal some interesting changes in shipper behavior. In terms of percentage increase in freight spend, 38% of […]