Canadian Truckers Alliance Protest Is Gaining Traction
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Topics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Transportation News, Logistics Business, Maximizing Routing Efficiencies, Freight Bill Audit, 3D Printing, Shipping News, Logistics News, Industry Trends, Technology, dimensional pricing
With the economic recovery gaining steam amid an uncertain pandemic path, companies are scrambling to deal with increasing commodity prices, supply constraints, and higher wages caused by labor shortages. According to the U.S. Division of Labor Statistics in December, the Consumer Price Index for All Urban Consumers rose 0.5 percent, seasonally adjusted, and rose 7.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in December; up 5.5 percent over the year.
Read MoreTopics: Third Party Logistics, Freight Bill Auditing, Reducing Freight Rates, Maximizing Routing Efficiencies, Shipping News, Logistics News, Industry Trends
Supply chain issues are slowly improving but Covid related supply chain and logistics hurdles remain; namely, port congestion and related container backlogs, the ongoing need for more truck drivers to over-the-road motor carrier capacity, inflation and the labor outlook. Look to 3Pl’s to help manage the lingering these supply chain challenges.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Freight Bill Auditing, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology, dimensional pricing
Cellphone providers are set to deploy 5G service in select areas this week. Airline CEO’s are warning 5G could affect airline operations. In a letter sent Monday to United States transportation and economic officials and obtained by NBC News, the CEOs of major carriers said that the launch could ground flights and leave "tens of thousands of Americans" stranded overseas. The airlines warned that the 5G signals risked interfering with safety equipment pilots rely on to take off and land in inclement weather.
Read MoreTopics: Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology, Big Data
The ongoing driver shortage has prompted the Federal Motor Carrier Safety Administration to solicit the OMB on a proposal to fast track a controversial driver training program. The pandemic exacerbated longstanding workforce challenges in the trucking industry, including recruitment, high turnover rates, an aging workforce, long hours away from home, and time spent waiting–often unpaid–to load and unload at congested ports, warehouses, and distribution centers. The Truck Action plan is a three-year apprenticeship program to allow carriers to employ drivers between the ages of 18 and 21 for hauling freight across state lines. Current regulations require drivers to be 21 or older to operate a truck in interstate commerce. Drivers under 21 can haul within a state subject to state laws.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology
These last two years have presented both logistics planners and provider with the most volatile supply chain environment in decades. Supply chains have been severely impacted by COVID-19. A recent Statista survey found nearly 72% of businesses suffering detrimental effects related to the pandemic. Now, even as disruptions persist, supply chains the world around have begun picking up the pieces and charting new territory to recover. Here are some strategies a qualified 3PL can help you deploy to manage what may be ahead.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology
We have been writing extensively on the topic of the digital supply chain revolution in recent blog posts. Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future. The focus is definitely on the efficiency of operations relating to technological applications as we enter 2020. The big question is; are you ready? If not, perhaps we can help. Here are some interesting predictions from a reputable international research firm, IDC, which highlights key areas of technological applications regarding the impending digital revolution of the international supply chain.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology, dimensional pricing
To enlighten those less informed about the Transportation industry I routinely remind them that everything around their home, work and recreation areas spent some time on a truck at one time. The sheer size of the United States requires a reliable distribution infrastructure. Just consider what the railroad did for the opening up of the west and feeding the rest in the 1800’s. The need for transportation is much greater today. We built the national infrastructure. Now we must continuously support it; literally, every day.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Freight Bill Auditing, Intermodal Freight, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, Freight Bill Audit, 3D Printing, Shipping News, Logistics News, Industry Trends, Technology, dimensional pricing
As the challenging year of 2021 draws to a close it may be useful to review some of your operational and freight payment protocols. With freight rates expected to continue their northbound trend and stressed equipment inventories at an all-time high, a year-end audit may be beneficial. Things are a little quieter this time of year and there is plenty of recent data to review. Typically, this is a no cost exercise provided by your 3PL so there is every reason to have the review done. If for no other reason than knowing your operational and freight payment protocols are working.
Verify Your Costs
Topics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Transportation News, Maximizing Routing Efficiencies, Logistics News, Technology
One of the biggest challenges for logistics providers is balancing their equipment with demand. To maintain profitability as well as service, carriers try to minimize empty miles and non-usage. Empty miles for a trucking company represent the cost of repositioning equipment to meet demand. Non-usage, in the case of containers, represents a lack of outbound shipments in a specific area. In both cases these pure expenses will be reflected in the outbound rate.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology
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