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International Tariffs: What Shippers Need to Know & What’s Ahead for International Transportation
-There have been many recent headlines surrounding international trade and the potential impact of a number of tariffs being put into place by the U.S., most notably the tariffs on steel and aluminum last month. These tariffs affect all shippers who may be importing or exporting from Mexico, China, Canada or a number of other countries – and there have been some recent key developments in this trade situation that shippers need to be aware of.
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The Transplace Think Tank Puts Data to Work: Carrier Conversations & Shipper Solutions
-The Transplace Think Tank has been striving to identify new ways to use corporate intelligence and put actionable data to work to support the decisions made for our customers each and every day. For example, when a number of storms hit in the fall of 2017, the Think Tank members created a dashboard that allowed customers full visibility of all affected shipments. This allowed teams to work together to make strategic decisions to overcome any shipper obstacles and put a plan into action to work around any routes that were disrupted by the storms.
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Achieving Transportation Excellence by Focusing on Daily Improvement | Part 2: MDI and Daily Tactical Processes
-In part 1 of this blog post, we discussed how, in order to deliver on the commitments made during the sales and onboarding process, organizations and their transportation partners must align their daily efforts with meeting their overall goals and objectives. And developing an OGSM is the first step, but in order to be successful long-term – and achieve the desired results – organizations need to establish daily tactical processes and consistently monitor goals versus actual results.
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Achieving Transportation Excellence by Focusing on Daily Improvement | Part 1: Delivering on Promises and Achieving Goals
-When first engaging in a partnership, shippers and their logistics providers have certain objectives in mind. It may be to reduce transportation costs or centralize their transportation management but, unfortunately, over time, daily activities often fail to directly connect to those original objectives. In order to achieve the desired ROI and deliver on the promises made during the sales process, both parties need daily activities to align with that objective.
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Letter from the CEO: Executive Team Changes, Future Success and Putting the Customer First
-As many of you may already know, we recently announced that Tom Sanderson has transitioned to the role of executive chairman and will serve on Transplace’s board of directors, and that I have moved into the role of CEO. I am honored and excited to have the opportunity to continue as a leader of our company and build upon the rich heritage that has made Transplace a dominating player in transportation management and 3PL services.
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Quarterly Industry Report: Q4 of 2017
-The last quarter of 2017 may be behind us, but your organization still needs to be looking ahead to keep pace with this ever-changing industry. That’s where Transplace’s Industry Insight Report – your quarterly overview of transportation trends, capacity and truckload rates, economic insight and much more – can help! As we begin 2018, we wanted to provide a recap of the industry in Q4 2017 and look ahead to the many things changing throughout the transportation landscape moving forward.
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Topping off 2017: The Top 5 Logistically Speaking Blog Posts of The Year
-It’s almost time to start the countdown and pop the champagne! As we head into the New Year, we wanted to look back at 2017 here on Logistically Speaking and showcase some standout moments. We’ve had some great success this year, and there are a number of blog posts that deserve a special end-of-year shout-out. Below, you’ll find a list of the five most popular posts in 2017 – take a look and let us know which was your favorite, and what you’d like to see more of here on the blog in 2018.
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Supply Chain 2017: Mergers and Acquisitions Are Here to Stay
-The transportation and logistics market has seen a heightened level of M&A activity in recent years – and it doesn’t show any signs of slowing down. According to a recent report, transportation and logistics M&A activity was robust in 2017; and in Q3 of this year, the sector reported 71 transactions for $43.3 billion.
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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.