Discover new innovations that will dramatically change and impact supply chain and logistics in the nearest future!
LTL shipments are defined by a classification, depending on the type of product. Freight class plays a prominent role in calculating how much the freight carrier will charge you for transportation.
The ELD mandate and the driver shortage have been key factors contributing to the capacity crunch the industry is experiencing right now.
In order to keep pace with new technology and shifting regulations, we are predicting some trends for the upcoming year. What can you expect from the transportation industry in 2015?
Low oil prices, growing supply inventories and decreasing global demand have created new challenges in the oil and gas (O&G) industry. Historically, O&G companies’ soaring profits masked the poor state of logistics operations within their supply chains. Now that profits are thin, oil and gas companies are rushing to save money wherever they can. O&G companies realize the savings potential in their disordered logistics processes, specifically in transportation management.
The concept of collecting and studying data for business intelligence is nothing new – but today, there is more data available than ever before. It’s estimated that each day, we create 2.5 quintillion bytes of data. This data, “big data”, is able to be gathered, sorted and analyzed thanks to advanced, systematized technology.
Leveraging big data is extremely valuable in transportation and logistics planning. When managed properly, big data can be used to make better transportation decisions and can help enhance business operations.
Freight management plays a large role in customer experience, and as you probably know, customer satisfaction is more important than ever. Some companies and e-retailers dedicate their entire business plan to the customer experience. End consumers are now demanding such a high level of service that the whole supply chain environment is changing to accommodate them. The customer is and always will be a priority, but now customers of B2C and B2B businesses are demanding very similar things.