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Thanksgiving Supply Chain: How Black Friday & Cyber Monday May Impact Your Operations
-The weeks leading up to Thanksgiving and the subsequent holiday season is often the start of increased capacity constraints and a precursor to the supply chain challenges that typically remain for the rest of the year. In the current market, there is already a lot of activity that is drawing from normal OTR capacity, and things have gotten tight throughout many direct-to-consumer (DTC) channels.
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LTL Trends and Challenges: Density-Based Pricing
-Within the last few years, less-than-truckload (LTL) rates and capacity have fluctuated. Many carriers have shifted from the traditional National Motor Freight Classification (NMFC) rate-setting formula to density-based pricing, which prices freight according to the amount of space the shipment uses in the truck. This new pricing model, along with other recent industry trends, has had a significant impact on shippers – making it important to understand the new pricing methods for LTL shipments, what’s currently happening in the LTL industry, and some of its key market challenges.
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Transplace Think Tank: Mitigating the Effect of Natural Disasters on Your Supply Chain
-Earlier this year, through the support of Steve Moore, Vice President, Operations at Transplace, employees Jordan Donmoyer, Matthew Todd, Nolan Plourde, Zain Abdeen and Parker Belden created a “Think Tank” at Transplace. Their ongoing mission is to “influence those around us with a revolutionary mindset of continuous improvement by cultivating empowered thought leaders.”
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Intermodal Industry Update: Conquering the 2017 Capacity Crunch
-For shippers and carriers alike, it’s certainly an interesting time in transportation. The intermodal market in particular has shifted on a dime in Q3 of 2017, while over-the-road (OTR) capacity has also changed significantly. For a few years, the market had been fairly saturated, but with recent hurricanes in the southern parts of the country, capacity has tightened significantly. Now is a great time for shippers to take note of this market shift and consider how intermodal transportation can help as capacity continues to tighten.
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Big News: Introducing Our Quarterly Industry Insight Report
-The transportation industry is always moving. And in such a fast-paced space, it can be hard to keep careful track of all of the latest info that can enable you to maximize your organization’s success. To help, we’re introducing our Quarterly Industry Insight Report, an overview of the transportation industry, capacity and rate trends, economic insight and much more. We’ll be highlighting what you need to know with the goal to curate a report that is specifically designed to help your organization stay ahead of the curve.
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FMCSA Requesting Public Comments Regarding FAST Act Correlation Study
-The mission of the Federal Motor Carrier Safety Administration (FMCSA) is to “reduce crashes, injuries and fatalities involving large trucks and buses.” To facilitate this mission, the FMCSA uses the Safety Measurement System (SMS), to rank commercial motor vehicle carriers by the degree to which they operate safely¹.
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Recap: National Truck Driver Appreciation Week 2017
-National Truck Driver Appreciation Week 2017 is coming to an end, and we wanted to take one more moment to say “thank you” to all of the hardworking truckers on the road. Truck drivers play a huge role in our everyday life and our country’s economy, and they deserve our deepest respect and gratitude.
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Annual Carrier Symposium 2017: Thank You, Carriers and Truck Drivers!
-Today, we held our Annual Carrier Symposium in Fayetteville, Arkansas – and it was a great opportunity for us to continue to provide education, recognition and appreciation for carriers who provide capacity in support of our shipper customers. This one-day event hosted more than 200 attendees from Transplace’s core carrier partners, with 120 carriers represented. The collaborative forum allowed these carriers to network and discuss key transportation trends and challenges that are currently impacting the industry.
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Thank You, Truck Drivers!
-Yesterday kicked off National Truck Driver Appreciation Week (September 10-16) – a week-long celebration honoring the 3.5 million men and women professional truck drivers. Thanks to their hard work and dedication, these important workers make sure our goods are delivered to us safely and securely.
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Labor Day 2017: Working Hard to Fuel America
-The first observance of the Labor Day holiday was on September 5, 1882, and the idea of the “hard working holiday” was passed along to other labor organizations in 1885. From there, it was widely adopted and celebrated in many industrial centers across the U.S. – and it’s a nice way to end the summer months and head into the fall season!