As 2017 closes and another New Year approaches, our team has worked to compile a list of things shippers should be planning for in 2018.Looking back at 2017, the freight market continued to recover and pick up speed from the 2015 freight recession. The improving economy and on-going driver shortage combined with natural disasters and regulatory changes were some of the largest driving forces for the market changes. Ocean carrier consolidation continued and attention turned to the hot topic of free trade as well as the trade imbalance. As far as big-box retail logistics, the world's powerhouse brands continued to place more emphasis on delivery compliance by shortening must-arrive by dates and holding suppliers accountable financially.
Shipping freight that requires time definite arrival during the holidays can be challenging. However, with an optimum combination of knowledge and technology, managing last minute holiday shipments can be less stressful. To help you ship with intelligence this holiday season, below are three of the top points to know when planning your time critical shipments.
Harsh winter weather is just around the corner. To help you prepare your LTL (Less-Than-Truckload) shipments for winter shipping success, our Domestic Freight Management team is here to help. So what is protect from freeze, how much does it typically cost and what proactive steps can shippers take to maximize the investment?
The transportation market is constantly changing. In the first nine months of 2017, the logistics industry has already undergone a number of changes including various NMFC shifts, ongoing carrier mergers and extremely severe weather. Additionally, the ELD (Electronic Logging Device Mandate), an industry wide regulatory change, will take effect at the end of this year and is expected to create further supply chain impacts.
Collectively, these factors have created what is known as a ‘carrier’s market.’ This is expected to persist over the coming months and possibly well into 2019. So how can businesses make smart shipping decisions?
Topics: Domestic Freight Management
How can a strong logistics partner help drive cost savings and overall supply chain improvements? Through an optimal combination of people and technology. While people and technology alone can produce improvements, a strategy that combines the two allows companies to manage complex logistics networks with skill, insight and expertise.
As a follow up to our August NMFC Changes eBook, there are some major changes that went into effect on August 5 which shippers should be aware of. One of the most substantial changes is the transition from a 9-tier to an 11-tier density breakdown. Depending on the density of the shipment, the freight class could change due to the new density subclassification thresholds.
It’s been more than two years in the making and now there are only six months until the federal electronic logging mandate (ELD) will take full effect. As the compliance deadline continues to approach, below are some insights into the most common questions from shippers:
“What EXACTLY is ELD?”
“What does this mean for my business and for the industry as a whole?”
“What options are there to help us prepare and be proactive?”
When it comes to managing shipping costs, organizations tend to over-look the inbound supply chain. Effectively controlling and managing inbound freight can be a difficult process without a solid structure to hold vendors accountable. Below are our top three tips to help reduce inbound logistics costs.
Determining the correct NMFC (National Motor Freight Classification) is critical to successfull shipping and controlling costs. The NMFC is used by carriers to categorize and identify freight to provide a rate to shippers. Are you aware of the upcoming NMFC changes which will take place in August?
Centralizing the management of logistics activities can produce a number of benefits for shippers. With a dedicated team to manage logistics activities, shippers will save time and money due to the increased control, improved transparency and streamlined processes. Below are 10 reasons why shippers should consider the centralization of logistics management.