7 Steps to Reduce Freight Cost
Freight rates and carrier discounts are not the only factors that shape freight costs – there are more components shippers should consider. Many companies are looking for ways to eliminate unnecessary freight spend and save costs on logistics in a proper way.
Fun Facts about Logistics and Transportation Infographic
The economy depends on freight transportation. In the US alone, a massive amount of freight is moved every year and an enormous effort is put forth to coordinate it all. Take a moment to reflect on some of the amazing facts and statistics surrounding the transportation industry.
3PL Technology Helps Enhance Customer Experiences
3PLs and shippers work closely to form collaborative relationships, so they produce better customer experiences for the end-consumer. The relationship between shippers, suppliers, carriers and logistics experts is important, however, it’s complex. In a 3PL-shipper relationship, 3PLs deliver shippers a competitive advantage through integrated 3PL technology.
Lower Transportation Spend with Big Data
Big data is the practice of collecting electronic information from various sources and applying analytics to identify patterns, trends, and intelligence. Leveraging big data can be extremely valuable in transportation and logistics planning. Many shippers become overwhelmed by big data and demand for solutions that simplify the process of utilizing data to make supply chain decisions is increasing. When leveraged and managed properly, big data can be used to make smarter transportation decisions and optimize supply chains.
