The modern logistics market requires all its members to develop their flexibility and look for ways of responding to a challenge. While seeking new opportunities and implementing industry innovations, shippers also massively rely on last-minute shipments.
The numbers do not lie; gone are the days when consumers buy most of their holiday gifts by traveling to the store. Online retail shopping is tremendously convenient for customers but, conversely, can make an already busy holiday shipping even more stressful.
Adopting advanced supply chain stock management can increase the timeliness of the supply of materials and the production quality, streamline order fulfillment, and optimize the duration of shipping operations.
A company's supply chain is a complex of inbound and outbound logistics operations. We know these processes as "inbound logistics" and "outbound logistics." Knowing the difference between the two is essential for understanding logistics flow and managing your supply chain activities.
The choice between air and sea freight can be challenging because of the variables in each shipment. Given your shipments' complexity, you should consider multiple shipping modes. To pick the most suitable way of delivery, it is worth analyzing complex factors influencing your supply chain operations.
There are plenty of definitions for visibility, and multiple ways to achieve it. In terms of technology, it all comes down to the key solution: a transportation management system (TMS).
To provide necessary materials like oil and gas, companies must ensure they transport materials conveniently, safely, and safely. Along with a potent strategy, choosing a suitable transportation mode is crucial for efficient oil and gas shipping.
As summer has transitioned to fall, a noticeable trend has emerged as fuel prices and spot rates continue to decrease. Along with the celebration of Nation Truck Driver Appreciation Week, spot rate news made for a busy month of September.
A hostage freight scenario is stressful and unpleasant for all the parties involved. As a result, the resolution might be very time- and energy-consuming. Being prepared and aware of the potential risks is the best way to try and avoid these situations as much as possible.
Shippers must pay attention to their freight’s weight and dimensions, especially if it gets shipped on an over-dimensional flatbed trailer. It is also essential to know the rules and regulations for each state when transporting over-dimensional flatbed shipments.
The standard shipping container was invented in 1956 and revolutionized the shipping industry. Read this blog to see how the container has evolved in the years since.
Peak shipping season starts in mid-August and stretches to the end of fall. During these months, there is increased shipping demand across many markets.
Supply chain management is the flow of activities in the production process that moves a good or service from raw materials to finished products for consumers. Learn more about Supply Chain Management.
Cross-docking is a logistics strategy when carriers unload cargo from an incoming container and immediately load it directly to an outbound carrier.
Customer service is significant to building your business. Since they are on the receiving end of your products and get the opportunity to use them, customers always come first. From that experience, customers determine the company’s reputation and how it stands out against the competition.
Supply chains are multifaceted and can be a significant source of competitive advantage. To improve supply chain management efficiency and effectiveness, companies must improve predictability, optimize costs, minimize working capital, mitigate risk, and analyze data.
The pandemic, inflation, surging product demand, and driver shortages have challenged logistics managers to discover innovative solutions. We will outline some common full truckload (FTL) issues and how to avoid them.
International shipping can be complex, but with an experienced logistics partner to assist with planning and execution, you can move products anywhere in the world.
This month, we saw the national diesel average drop 4.2 cents, the House Panel approved the water bill, and truck tonnage levels trend down. In addition, the truck manufacturers group files a lawsuit to seek more time for new CARB regulations and more. Check out April's trending transportation update on the shipping industry if you missed it.
Business owners often overlook the process of moving products from point A to point B. However, inexpensive, and all customers demand timely delivery. If your business is not actively searching for the best transportation methods, you are falling behind the competition - especially competitors who can offer free shipping.
The oil and gas supply chain is an irreplaceable part of people’s lives: it warms houses and offices, fuels vehicles, and makes the world go around. Unlike any other industry, oil and gas supply chains are incredibly complex.
Supply chain disruptions have become commonplace in a perfect storm of events. Fewer workers, overwhelmed warehouses, and the pandemic have contributed to the current issues. With over 30 years of experience, PLS Logistics Services has seen it all, and we are here to share what we know to help you navigate supply chain disruptions.
There is a shift in how consumers approach grocery shopping, using more channels. Annual supermarket and grocery store sales in the U.S. are over $765 billion, but there is a new, trendy way to purchase groceries- online.
We saw rejection rates continue their rapid descent in April, pulling rates down with them. In addition, Thermo King rolls out a new trailer refrigeration unit, Transport Topics announces their top 100 brokerage firms and more. Check out March's trending transportation update on the shipping industry if you missed it.
Whether it is GPS tracking, mobile apps, or autonomous trucks, technology is significantly impacting the way we ship. There are constantly new technological developments changing the shipping industry each day. One of the latest developments in drone delivery.
This past month fuel prices have been a significant discussion among all U.S. citizens. But unfortunately, many industries have felt the pressure on their bottom line due to these increased prices, and the freight industry is no exception.
We saw the Biden-Harris Administration plan for FLOW, truck tonnage increase, truckers see little benefits with the diesel tax relief plans, and more. Check out February's transportation updates for the shipping industry if you missed them.
A Bill of Lading is one of the most important documents in the world of freight shipping. However, it’s still confusing for many companies and shippers to understand a BOL meaning and what role it plays in the transportation process.
A bill of lading (BOL) is a legal document between a shipper of a particular commodity and the carrier detailing the type, quantity, and destination of the goods. The carrier issues the BOL to a shipper of the goods. Additionally, it is essential that the information on the BOL is accurate.
Omnichannel defines how customers use several different platforms to buy products. It aims to satisfy consumers’ needs immediately, regardless of which shopping channel the consumer uses. But how does omnichannel fulfillment work?
Intermodal freight transportation provides companies with flexible shipping options. It can lower costs and solve capacity issues in your supply chain.
Having a solid supply chain starts with a well-thought-out procurement strategy. In its simplest terms, procurement is the process of buying goods and services on a large scale. Then, a procurement strategy is put in place to make this process easy and cost-efficient without compromising quality or service.
We saw how vaccine mandates affected truck rates, airline transportation purchases, future supply chain predictions, and more. Check out January’s transportation updates for the shipping industry if you missed them.
As the supply chain industry is constantly evolving, it can be challenging for business leaders and supply chain managers to stay on top. So, this year, instead of reacting, companies will be proactive and stay in front of the global supply chain disruption with these top supply chain trends to look for in 2022.
While Less-than-truckload (LTL) shipping is straightforward, the LTL freight class may seem confusing for many. This Freight Classification plays a prominent role in calculating how much the carrier will charge you for transporting your shipment. Choosing the wrong Freight Class could waste money, time, resources, and delay shipments. Therefore, it is important to classify a shipment correctly.
Less than truckload (LTL) freight means transporting products or goods that do not require a full truckload. These freight loads are smaller and result in multiple shipments on one truck. These shipments usually range from 150 pounds – 10,000 pounds.
While operating in a progressively complex logistics world, companies currently need all the help they can get to help them work smarter, easier, and more efficiently. As a result, technology like Transportation Management Systems is now more critical than ever.
When a truck is loaded and driving to its destination, truck drivers earn money in the trucking industry. This is because the more cargo you haul, the more you make. However, what is it called when a truck is empty and driving on the road? These are considered deadhead miles and are what truck drivers try to avoid the most.
With Christmas right around the corner, thousands of boys and girls are preparing their letters to Santa all over the world, patiently waiting for Christmas day. Each year, children wake up and spring out of bed, with the realization that Santa has finally come. Running to their Christmas trees, only to be amazed each year by the gifts underneath. This expectation must be satisfied on time for each kid worldwide because the delivery of happiness can't wait on Christmas, right?
Many terms are confused in the logistics and transportation industry, especially if you don't have years of industry experience. Examples of words that might be confused are '3PL Provider' and 'freight broker.' Many shippers consider these terms interchangeable; however, there is a significant difference between a 3PL and a freight broker.
Trust and Respect. The two things needed to build a successful relationship with a third-party logistics (3PL) provider. Often, these terms become the exception, not the rule. As a result, many shippers that use 3PL providers believe that micromanagement and persistent price pressure will prove the best result. In reality, the opposite is true.
The shipping industry has noticed that most of the companies use preloaded containers. So, this makes us assume that drop and hook would be a hit with shippers and carriers? But what is drop and hook, and what are the advantages?
A company’s logistics is turning materials into products and delivering the products to the customers. We know these processes as “inbound logistics” and “outbound logistics.” Knowing the difference between the two is essential for understanding the flow of logistics.
If you are ordering a heavy load for your business, you will need to consider how it will be delivered. Usually, heavy equipment is shipped on a pallet and arrives on either an FTL (full-truckload) or LTL (less-than-truckload). If your facility has access to a loading dock, then you're set. However, what happens if you don't have access to a loading dock? How will you get the products off the truck? Considering a liftgate service could be your best option.
The COVID-19 pandemic has irrevocably altered the e-commerce environment. As a result, new market demands are straining retail supply chains worldwide due to strong digitalization and the exponential expansion of internet shopping.
Engaging your suppliers in a vendor compliance program is an effective way to foster a trusted relationship with them and ensure superior performance from their side.
There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates of August 2021!
FTR’s Intermodal Competitive Index (ICI) rose in October 2016, reflecting a moderately favorable environment for intermodal transportation. The ICI looks at a variety of factors including truck capacity, fuel prices, rail service, intermodal rates, and more.
For every business, inbound freight is a vital component of their supply chain. If companies neglect their inbound freight strategy, the transportation process can become obscured and lead to overspending.
There are plenty of definitions for visibility, and multiple ways to achieve it. In terms of technology, it all comes down to the key solution: a transportation management system (TMS).
Shippers often are not aware of how they can reduce shipping costs with their own efforts. Before diving into the shipment booking process, here are some tips on how to get the best LTL freight rates.
There are several recommended practices that can improve your truckload freight performance if you're looking to optimize your FTL strategy and freight management.
Transportation management systems are no longer an option- they're a necessity. Learn how a TMS can improve the efficiency of your industrial supply chain.
There are several ways to improve LTL transit times that we will explore in this blog. With this information, you will see your on-time delivery, a crucial LTL key performance indicator, begin to improve.
Cargo theft is an unpredictable year-round occurrence, but the holiday season is a prime time for freight thefts. With the 4th of July quickly approaching, it’s a great time to learn what you can do to help prevent theft.
For businesses who want to start working with a third-party logistics company, a request for proposal (RFP) is probably one of the first terms they will come across.
Sustainable logistics is no longer just a buzzword. It has taken over as an attainable, essential, and lucrative business strategy. Learn why in this PLS blog!
More companies outsource their logistics operations or even the entire supply chain to logistics companies. Once you’ve decided to use logistics services for your business transportation needs, the next step is to choose a freight shipping company.
As logistics management is a crucial part of supply chain management, the way companies handle it required changing, too. Logistics management is a controlled and optimized flow of goods on a local, regional or global level.
The year 2020 was anything but ordinary, and the imbalance caused by shutdowns and business restrictions continues to affect supply chains across the world in 2021. Such ripple effects impacted consumer spending patterns and exacerbated pricing, leading to spikes in truck freight rates.
With all the great success and efficiency of the approved vaccine providers, there are still challenges with the vaccine supply chain, distribution, and transportation.
Due to the ongoing demand for trucks after winter storms over the last few weeks, the national average for mid-haul outbound tender rejection rates has increased to 31.76%. There were some significant shifts in the following three carrier lanes: Los Angeles - Dallas, Houston - Dallas, and St. Louis - Columbus.
There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates of February 2021!
Sustainable logistics and green supply chain management practices are becoming increasingly common across the industry due to the rise in consumer expectations for businesses to be environmentally friendly.
Logistics cybersecurity has been an industry concern for a long time. With more technology and devices being integrated into supply chains, the massively connected system was emerging instead of linear physical and old-wired supply chains.
There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates in January 2021!
The National Motor Freight Traffic Association (NMFTA) released the final updates of the National Motor Freight Classification (NMFC) on December 19, 2020. This update includes changes mainly regarding such commodities as electronics, building materials, automotive, and apparel. It is crucial for retailers to keep track of the NMFC updates, as inaccurate freight classification can increase shipment costs and disrupt operations.
Not too long ago, 2018 was heralded as an extremely successful year for the trucking industry, with the overall industry revenue up $96 billion. Increased customer demand, tremendous freight volumes, and advancements in logistics technology raised the bar on expectations. Unfortunately, 2019 couldn’t keep up. By the end of 2019, there was a 27% dip in freight rates with many companies suffering as a result.
Many supply chains were shaken due to the COVID-19 pandemic. The challenging economic situation has shed light on the key gaps in many companies’ transportation systems. While every supply chain executive is looking for ways to build resilience, inventory, and warehouse management become another top priority for businesses in 2021.
It’s been a few weeks since the official victory of Joe Biden in the US presidential elections. While the win of a Democratic party representative over the Republican Donald Trump has resulted in lots of discussions, many now try to forecast how it will change the US economy. Experts anticipate changes in many industries, and we are particularly interested in how Biden’s presidency will affect logistics and transportation. Here are some key things to know.
With 2020 in the rearview, what will 2021 look like for the logistics and transportation industries? See what might lie ahead and how you can prepare for this year's challenges.
COVID-19 has upended everything, but with vaccines now available, supply chains are about to be tested. See how you can prepare your supply chain amidst this turmoil.
With new HOS rules coming into effect, freight carriers and their drivers need to adjust to a new normal. Take a look at what the new rules are and how you can adapt to them.
It’s no secret that COVID-19 has changed nearly every industry. From supply chains to store shelves, the way businesses manage their infrastructure and customers has fundamentally changed. Retail has been particularly challenged by the virus in the way consumers shop, search, and spend. Organizations have fought to catch up in these uncertain times.
There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates of October 2020!
Peak shipping season is just around the corner and there’s no better time for companies to start preparing for cold weather and a more active market. But like everything else this year, 2020 presents new challenges in the face of COVID-19 including market challenges and unpredictable consumer trends. It’s never been more important for organizations to be ready for this year’s shipping surge.
The oil and gas industry has historically been resilient, weathering crises, disruptions, and economic downturns. But just like everything else in 2020, the disruptions caused by COVID-19 have exposed weaknesses throughout this sector.
2020 has proven it’s impossible to be prepared for everything. Not only transportation budgeting but global strategies were interrupted by recent events. Although the global market has been frequently interrupted in recent months, there are still many things within your control when it comes to your organization’s shipping strategy. It’s important to take advantage of the things that will save you money.
There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates in September 2020!
What is HVAC and what does it stand for? HVAC is an acronym for Heating, Ventilation, and Air Conditioning. The term encompasses all products and services related to the industry. Climate control systems and equipment are crucial for houses, facilities, and businesses around the world.
There’s no surprise that the chemical industry is a complex one and requires high operational productivity. Now, with an unstable market, pressuring customer demands, digitalization, and industry consolidation, some chemical companies are crippled under the pressure.
Even in well-prepared industrial branches of the global economy, there is a tight interdependence on external factors. The mining supply chain relies on many fluctuating factors, that are (or at least turned out to be in recent times) vulnerable to unpredictable economic conditions.
There were many new transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates in August 2020!
Often, people have a preconceived notion that freight brokerage companies are over-priced scams when, in reality, they are often useful partners. Besides, the benefits of freight brokers are numerous.
You might think that attending conferences can be expensive, or as an employee, you might think you don’t have much to do at the event. However, a supply chain conference can be incredibly rewarding, if you choose the right events to attend.
What is LCL shipping? LCL shipping is sea freight shipping that requires only partial use of shipping containers. This means your shipment will be located in the container with several other shipments, and the cost of transportation will be split between the shippers.
A strategy is a crucial part of any business, and it is even more important when thinking about a complex system like a supply chain. The term ‘strategy’ is often confused with what it’s not, or is considered to be a vaguely-meaning fancy word. However, businesses with a well-thought-out, long-term strategy reach and exceed their goals and are better at surviving turbulent times, compared to short-sighted management techniques.
For some shippers, time-critical transportation is a necessity. Time-sensitive or expedited freight shipments are mostly goods with a short shelf life, like produce and perishables or prescription drugs. Sometimes, urgent shipments like equipment or details can also require time-sensitive transportation. To get the best experience while using time-sensitive freight shipments, consider looking at a few tips.
When it comes to shipping hazardous materials, safety is key. Hazardous freight is sensitive to external influences and can be very dangerous, so preparing and shipping hazardous materials requires thorough planning, careful approach, and responsible execution. It is your responsibility as a shipper to properly pack and classify the goods.
Securing the lowest freight rate and finding the right price match for your freight has always been a challenge. In today’s uncertain market, it is even more difficult to find capacity and freight shipping rates. Despite some companies feeling pressure to offer lower freight rates, the market remains uncertain, and rates may jump higher than before the pandemic.
The recent months were extremely transforming for many industries. For some, the effects were damaging. But some industries have flourished during the pandemic, like the e-commerce industry. Many small businesses that were inclined to locally selling their goods, or were focused on a physical store, experienced tough times. However, ones with wider customer coverage and a strong online presence seemed to grow their online sales even more.
Meat supply chains in the U.S. have been severely affected by the coronavirus. In particular, the most hard-hit industry within the food supply chain was meat processing. Since numerous workers have tested positive for COVID-19 on multiple meat plants across the country, the entire supply chain was disrupted.
The concept of making the shipping industry more environmentally friendly has been a priority for businesses for many years. During the current COVID-10 pandemic, this issue comes into the spotlight even more. Although the coronavirus has had horrible, devastating effects on the population and economy during the past few months, the impact on the environment was positive. With fewer commuters, hindered global travel and logistics, and generally decreased human activity, people have noticed a significant environmental impact.
What is multi-stop truckload shipping? In truckload shipping, there are two points on the route: A and B. Your freight is picked up and then delivered to the final destination without any in-between locations. However, sometimes shippers need a few additional stops on the way, for various reasons. This is called multi-stop truckload shipping. The trouble with this type of shipping is that carriers often reject it, and it is usually more expensive. Although this method is slightly more complicated than regular truckload, if you require multiple stops, you can arrange it in a planned and cost-effective manner.
Many shippers underestimate the value a freight broker can bring to their transportation strategy. These professionals can significantly increase the performance of your freight shipments and save you costs. While there are many benefits of using a good freight broker, you somehow have to assess their effectiveness for your company. To get the best out of the freight broker, you have to make sure you are receiving high-quality services from a legitimate specialist.
Regardless of the circumstances, a company’s ability to survive disruptive processes and events is one of the key differentiators of a successful business strategy. The thing is, most companies start to realize its importance only when the storm already happens. In the majority of cases, risk management strategy sits far down the list of business priorities and often can be put on the backburner of business plans.
The oil industry was one of the most severely hurt industries during the coronavirus pandemic. On April 20, oil prices went negative for the first time in the history of the oil market, peaking at -$37.60 per barrel. For comparison, at the start of the year, an oil barrel costs $60. Such a bizarre drop was caused by a huge discrepancy between oil supply and demand. Worldwide lock-downs, drastic air flight shortages, and fewer commuters resulted in a sharp fall in fuel demand.
The impact of COVID-19 on human lives is the first thing everyone should worry about. Thousands of deaths around the world have made the virus a huge threat to humanity, in many ways. One of the other ways it impacts us is the impact on global economy. The spread of the disease and restricting measures to contain it have put many businesses in frustrating situations, and even cause people to lose their jobs. Many companies look for effective ways to avoid damage, layoffs, and shutdowns. There are several useful practices that can help midsize and larger businesses to survive the coronavirus crisis.
Logistics and transportation powers almost every single industry in the modern economy, including the healthcare system. Transporting medication, hospital equipment, medical supplies, and different vaccines play a crucial role in global health care. Today, medical supply chains and their proper, smooth operation define the success rate of delivered treatment. One crucial branch of health supply transportation is the vaccine supply chain.
The highly contagious virus known as COVID-19, which originated in Wuhan, China, has now been declared a global pandemic by the World Health Organization. With hundreds of thousands of people infected globally, the coronavirus revealed itself as a huge threat not just for the health industry, but also to the global economy. Supply chains, in particular, are being affected by coronavirus.
Changing market demands and technological advancements are driving many transformative processes to the supply chains. There is a lot of noise and buzzwords when it comes to trends and technologies that will influence the way supply chains operate. Not all of them can make a huge impact, but there are a couple of supply chain management trends that will actually reshape modern supply chains.
There were many new and exciting transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates in February 2020!
Less than truckload (LTL) is a beneficial and cost-efficient option for shipping goods. However, it’s often challenging for the shippers to manage it in the right way. It can be complicated to recognize the opportunities for better LTL freight performance. If you often face shipment delays, disruptions, or spend too much on LTL freight, you probably want to improve the effectiveness of the process. There are several useful practices you can implement to improve LTL efficiency.
In truckload shipping, capacity for a fair price is what companies and logistics providers are searching for. Sometimes it can be easy to find, but most of the time it can be a challenge. Even with all the available trucks in the U.S., almost two-thirds of them are already driving, loading or unloading someone else’s freight, which can complicate finding a truck for a good price. There are several factors that define your success in getting the required capacity on-time, and one of them is truckload lead time in shipping.
Properly organized inbound shipments are vital to successfully operating supply chains. The retailers, distributors and customers heavily rely on the performance of inbound deliveries. For the businesses, the most important concern is the ultimate cost of inbound shipping, which is almost in every case higher than it’s supposed to be. Normally due to the lack of control and visibility, these shipments can consume up to 40 percent of overall freight costs. Apart from that, maintaining good relationships with vendors and ensuring on-time, high-performing deliveries can be quite a challenge. To make inbound transportation as efficient as possible and cut off unnecessary costs, you can try several practices for effective vendor management.
Shipping is the last, and probably one of the most important steps, in customer satisfaction. Today, a customers experience defines how they perceive brands, products or services. With the viral expansion of e-commerce, more small businesses now have access to the market. However, more possibilities means more competition. To succeed in this dynamic and fast-paced market, you don’t just have to meet expectations, but exceed them. Good products and quality service will always remain key components of a successful business, but a polished shipping strategy can go a long way. Every day, the world is changing, and it is crucial to notice and adapt to new trends. Here are a few key small business shipping trends that can act as a direction for many small businesses in 2020 and beyond.
One of the most common challenges in the trucking industry, both for carriers and shippers, is understanding and having more transparency into government regulations. The FMCSA has had updates in policies recently, and many of these changes can substantially impact the current state of trucking in many ways. It is crucial to recognize the key trucking regulations that will come into play, and how can they affect your business.
As tensions between the US and China started to escalate, the retail industry was probably the first to experience the unpleasant consequences of a trade war. With the US eventually putting $250 billion of Chinese goods under 25 percent tariffs, retailers now have to deal with higher prices and difficulties in adjusting to economic updates. Considering that enlisted goods that fall under the tariffs include clothes, shoes, and electronics, it will be quite challenging for some companies to manage international shipping and commerce between the US, Canada, and other countries with the new rules of the market.
The past decade felt like everything has sped up. The economy, technology, and development of many industries have experienced a substantial jump in growth. For logistics and transportation, it has been a decade of huge and really significant shifts. Mainly driven by the steady invasion of technology, the industry was reshaped in many ways, including safety regulations, operations, and other important transformations.
The start of the new decade marks many significant shifts in the logistics and transportation industry. The past few years in the logistics and transportation industry brought the most contradictory and fast-growing trends to the spotlight. Digital revolution, industry automation, self-driven trucks, robotic devices, blockchain-enabled supply chains, and many more topics have brought heated discussions in the industry. Whether these shifts will take 10 or 50 years, the process has already started. 2020 logistics outlook forecasts some big and fresh trends in the logistics and transportation industry.
Almost 90 percent of goods and food are shipped to us on overseas journeys. Ocean freight shipping lets manufacturers and suppliers move an enormous amount of freight to opposite parts of the world.
2019 is coming to an end, which means it’s time to wrap up the year and define key trends for the oil and gas industry in 2020. Last year was a tense period for the oil and gas industry, and for the U.S. economy in general. Ongoing tension with the U.S. – China trade war, disrupting political situations in the country and beyond, and weakening global markets altogether have brought significant shifts to the oil and gas market. Let’s take a look at the key outtakes from a Deloitte Report.
Just like any other industry, healthcare and pharmacy institutions require fast and reliable shipping solutions. For the health industry, compliance and shipping speed are critical factors. Whether it’s prescription drugs delivery or urgent hospital supply shipping, time and organization matter. Any disruption or delay can lead to serious consequences, so companies are under the pressure of accurate and well-planned organization of healthcare shipping.
While LTL shipping remains a very common and efficient shipping solution for many retailers and businesses, transit time is not the strongest side of LTL. Delivery time is an important concern for many shippers, and those who ship less than truckload know that it takes a bit longer to ship freight than a full truckload. For reliability and faster delivery, LTL carriers offer LTL guaranteed delivery.
There were many new and exciting transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates in November!
Technology and innovation are changing our world and the way we live. These shifts are affecting every single industry, and the energy industry is one of the most influenced branches of the global economy. Upstream, midstream, and downstream sectors all require digital transformation for efficient operations and cost reduction. For midstream transportation, digitization plays an even more crucial role, as a large chunk of costs are spent on oil and gas transportation.
Customers are the main focus of businesses now, and logistics companies are no exception. Many logistics companies are customer focused and often forget about another party involved – freight carriers. Carrier performance is a major contributor to a company’s success, and that’s why proper carrier management should be implemented in a business’s practice and strategy. Better communication and service for carriers can drive major performance improvements, which will ultimately results in customer satisfaction.
What does project cargo logistics mean? Project cargo, or project freight logistics, is a special type of freight shipping that suggests moving high-volume and high-price freight. Sometimes, project cargo is so complex to arrange that it requires changing the infrastructure, combination of modes, handling equipment, specific time frames, and other intricate requirements.
There were many new and exciting transportation updates in the shipping industry last month. Check out some of the top stories and transportation updates in October!
Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand. More than four billion metric tons of oil and produced every day worldwide, with oilfield companies still generating the biggest revenues. Experts estimate that by 2030, the world population will reach 8.5 billion. This means humanity will need a convenient, reliable and safe source of supplying our everyday life with energy.
Intermodal transportation is a hybrid system that relies on an interchangeable relationship among truck, rail and barge. Intermodal transport is a reliable mode, providing standardized transit schedules, low costs and easy access to equipment.
What is a freight carrier? A freight carrier is an individual or a company that handles the transportation of freight shipments from one point to another. Sometimes, freight carriers not only handle loads but also act as the operators or even freight forwarders. Depending on the carrier type, there can be a significant difference in carrier accessibility, lanes, and freight rates. To understand more about various types of freight carriers, it’s important to know which role a carrier plays in the logistics and freight shipping industry.
There were many new and exciting updates in the shipping industry last month. Check out some of the top stories and transportation updates in September!