Chapter 1: What REALLY Impacts Carrier Rates and Service—Lead Time.Transportfolio
Truckload service may seem like an art to some. But it’s most definitely a science. Over time, you develop ideas about how to improve a process. But until you can actually prove it, it’s just a hypothesis. That’s why truckload and supply chain research is so important. Because the findings can actually prove (or disprove) a theory. The results can improve your truckload rates and services and ultimately help you develop better working relationships with carriers.
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Carriers, Supply Chain
Why Trucks Will Uncouple from Human Drivers Sooner than You Think
The driverless truck is no longer a fanciful idea that will materialize in some future world. The technology has advanced rapidly over recent years, and I believe that we’ll see these automated vehicles on our highways in the near future. Here’s why. » Read More
Over the Road, Supply Chain, Technology, Uncategorized
Don’t Waste Your Time Playing Truckload Fuel Surcharge Games
Since March 10, 2014, fuel prices have decreased by $0.884 per gallon, resting at $3.137 as of January 5, 2015. Diesel prices, according to the U.S. Department of Energy (DOE) National Average index, have been falling, too. While lower prices at the pump probably bring welcome savings to your personal pocketbook, changing fuel prices impact the trucking industry in a different way, thanks to fuel surcharge programs. » Read More
Over the Road, Supply Chain, Supply Chain Consulting
Why Do Transportation Budgets Fail?
Why do transportation budgets fail? It’s a thorny topic, even for transportation professionals trying to trace an increase back to its source. Imagine what it’s like for senior executives who have no background in transportation as they try to understand it.
At a CSCMP conference session, participants offered case after case of how business decisions—both unintentional and intentional—can wreak havoc on transportation spend. » Read More
Supply Chain, Supply Chain Consulting
As the government shutdown grinds into its third week businesses are being disrupted in a number of surprising ways, and one of them is the levying of fuel surcharges.
Most transportation contracts with a fuel surcharge table rely on a small agency called the Energy Information Agency (EIA) within the Department of Energy to report weekly national average diesel prices. Every Monday around 5:00 p.m. EST, someone within your company could well visit the EIA website to check the latest average diesel price. » Read More
Freight Services, Over the Road