When you’re picking carriers to move your freight, there may seem like an overwhelming number of options. In fact, there’s an estimated 206,600 for-hire full truckload carriers in the United States. Yet despite all the options, securing the equipment you need can be challenging—especially during a tight market.
Making the Most of Truckload, LTL, and Intermodal Strategies in 2018 | Transportfolio
Supply chains are not limited by a specific mode or service. Freight migrates from one service to the next in the broad freight economy, seeking where it is served best. Accordingly, we now need to watch trends in a multitude of services to best understand what is affecting each service and be open to change if necessary.
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Categories: Transportation Market
What is normal for the truckload industry? That may seem like a difficult question considering how rapidly things change in our industry—especially in the last calendar year. But there are several trends presenting themselves that will help us redefine what “normal” means for truckload in 2018 and 2019.
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To add elasticity to your shipping, think small—small carriers, that is
When you’re picking carriers to move your freight, there is no shortage of options; according to the U.S. Department of Transportation, the number of for-hire carriers on file with the Federal Motor Carrier Safety Administration exceeded 586,000. Private carriers totaled over 747,000 and other interstate motor carriers totaled over 144,000.
Truckload capacity needs change all the time because of a wide variety of economic, social, political, and environmental factors. Therefore, it’s important that shippers establish relationships with a variety of truckload carriers so that fulfilling capacity needs is as easy as possible, as often as possible. » Read More
Just how collaborative are your internal departments? If you’re running into issues when one department makes a decision that unintentionally affects one or more aspects of your supply chain, your answer is probably along the lines of “not very.” And it may be holding back your transportation team’s effectiveness.
In many organizations, transportation is simply the recipient of collaboration that happens in other supply chain functions. Under that model, transportation teams can only respond to what comes their way. Instead, transportation should have a say in the collaborative planning process right along with the other supply chain functions. When brought to the table earlier, transportation can be a more proactive contributor to overarching supply chain goals.
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