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Stay ahead of the latest trends in logistics and transportation

With increasing competition in the retail market, it has become very challenging for retailers to efficiently manage their supply chains. Essentially, a smooth retail supply chain strategy is a fundamental part of a positive customer experience, and retail companies strive to reach the golden standard of order fulfillment and fast delivery.
Every company works to analyze its supply chain costs and eliminate unnecessary costs and processes. Regardless of how complex your supply chain is, every part of it matters, however, not every part of the supply chain is assessed equally. Inbound shipments are often overlooked by companies, although they can account for a substantial amount of transportation costs. In fact, for some companies, inbound shipment costs can reach 40 percent from the entire transportation budget. That’s why it’s important to know some useful practices for inbound freight management.
Shippers who work to reevaluate their current shipping strategy should pay attention to intermodal transportation. More and more companies switch to this solution since it lets them reduce the time and costs used on transportation. Despite the fact that intermodal involves several transportation modes, it can actually bring more efficiency than a single OTR shipping.
There were many new and exciting transportation updates the transportation and shipping industry last month. Check out some of the top stories that made headlines during April!
Supply chain management is a set of activities that includes supply, production, and distribution of a company’s goods. This production cycle plays an enormous role in any business. Proper supply chain management can reduce transportation costs and enhance productivity, and in order to succeed, companies should learn how supply chain management works.
Many industries and the global economy rely on freight shipping to handle business. With the evolvement of commerce, transportation becomes a more and more important branch for businesses. However, in the world of freight shipping, the demand for capacity is higher than capacity itself. This causes frequent fluctuations in shipping costs and directly affects carrier freight rates.
Shipping has become a crucial part of a business’s success, especially small businesses. With the competition among retailers constantly increasing, the demand for fast and affordable small business shipping grows as well. We know how shipping looks from a customer’s perspective, but how does it really work from the inside? What challenges do companies face to provide their customers with a smooth shipping experience?
Just like every other industry, oil and gas supply chains are changing. However, these changes do not necessarily mean that energy supply chains are getting simpler. Despite all of the new technologies and advanced practices entering the sector, oil and gas companies still struggle with optimizing logistics and saving on transportation costs. The complex nature of oil and gas supply chains makes it difficult to manage processes, especially to maintain an efficient budget.
If you are frequently shipping freight, there’s a good chance know what third party-logistics companies do. In fact, 3PL’s can help your business in many ways, and one of those ways is getting lower freight rates for you.
Working in the food industry is incredibly exciting and diverse, however, it can be a very complex sector. Food supply chains involve an endless number of processes, and unraveling them is quite a challenge. Especially, food and beverage shipping.
The global economy and the entire modern world heavily relies on freight shipping on a daily basis. Everything we eat, wear, use, and work with gets to us through cargo shipping services. A spike in e-commerce growth demands efficient and reliable freight shipping, and it is important to choose a freight shipping company that matches your needs.
March was packed full of logistics-related news and transportation updates. We’ve summed up the most important events and trends that took place during the month:
Today, we can buy and sell everything we want online, but one thing still remains the same – items need to reach us. Unlike the traditional method, e-commerce made logistics for retail companies more complicated than it was in the offline era. More and more companies start using 3PL for e-commerce transportation.
With the growth of small businesses and e-commerce development, the number of smaller shipments being transported around the world has drastically increased. Along with parcel shipments, less-than-truckload (LTL) shipping is changing and evolving and being influenced by the latest e-commerce trends, fuel rates, online shipping services and more.

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