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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
. • Autonomous Vehicles: Autonomous ground vehicles, such as self-driving trucks, address long-haul and heavy freight logistics. With the ability to carry larger payloads over extended distances, autonomous vehicles are better suited for transporting bulk goods between distribution centers and other logistics hubs.
Erika Voss and Joe Lynch discuss taking the uncertainty and risk out of freight. Erika is Vice President of Information Security at DAT Freight & Analytics, the largest truckload freight marketplace in North America. Erika holds a Ph.D.
Cold storage and processing facilities are increasing inventory capacity, anticipating prolonged trade disputes. Freight rates have surged due to increased demand for ocean and rail transport, particularly for industries like consumer goods and industrial manufacturing. Conclusion: A New Reality for Global Trade?
Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. Carriers move shippers’ freight. But shippers lack trucks. The Emerge Solution.
From a transportation standpoint, this has included major technological advancements. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The first of the transportation trends is the network effect is at the heart of supply chain transformation.
CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. The overwhelming answer is “yes.”
There are a variety of ways that companies can manage their transportation spend. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). The most common application for in-house management is a TMS.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.
In 2020, we saw the transportation industry’s resilience first-hand, as all parties of the supply chain navigated a challenging freight landscape to get goods to market. Freight demand surged to meet the needs of consumers and frontline workers, and shippers were forced to rely heavily on the spot market to secure capacity in a pinch.
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.
When it comes to TMS and digital freight, there is a lot of interest. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters.
No carrier or mode has been excluded from the increased demand of e-commerce and a customer base that’s anxious for a return to normalcy, including the LTL transportation sector. Capacity constraints within truckload and parcel have led to spillover within the LTL market resulting in capacity shortages. State of the LTL Market.
Autonomous Freight Trucks. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. It is a brutal job.
However, those hopes are at risk due to the severe capacity reductions plaguing regions across the US. However, producers that take the time to think about the reality of the situation are better equipped to recognize the value of a strategic partnership to find capacity. What Are Shippers Doing to Find Capacity in a Tightening Market.
I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Transportation visibility is clearly not only for trucks.
Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system. Machine learning can be used to “learn” about constraints (capacity, regulations, hours of service, etc.) Transportation execution and visibility solutions can provide these efficiencies.
Managing OTR transportation through disruption is a complex process. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Analytics provides visibility into your transportation network and operations. Across OTR Transportation Modes.
Robert Bain and Joe Lynch discuss the 3 pillars of freight operations. He has been a leader in the freight tech movement with companies like Uber Freight, Shipwell, and CDL 1000, and his passion is combining great solutions with exceptional people to service clients. The Greenscreens.ai
The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Key Takeaways: The Freight Market Place. About Dave Maddox. About Emerge.
Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.
Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.
Jordan Graft and Joe Lynch discuss freight has an identity crisis, which refers to rampant fraud and double brokering in the transportation business. About Jordan Graft Jordan Graft is a seasoned entrepreneur and business leader with a passion for technology and transportation. Morgan in New York City.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Carrier Vetting for OTR Freight . Download the White Paper: Over the Road Freight Management Trends.
With the demand for order fulfillment steadily increasing in today’s modern logistic world, many factors contribute to the lack of freightcapacity. As the transportation sector saw rapid growth throughout this unpredictable occurrence, meeting the demand of the market requires businesses to overcome these pressing obstacles.
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.
From a historical perspective, transportation management systems are all about freight savings. However, with the ongoing pandemic, and the resulting capacity crunch, TMS is trending more towards cost mitigation rather than savings. Unification. Manhattan Manhattan Active TM also improved broadcast capabilities. Final Thought.
Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.
Ryan Schreiber and Joe Lynch discuss 3 freight trends to watch. Ryan is the Vice President, Industry and Growth at Metafora , previously “CarrierDirect”, which is the leading business consulting and software development firm that exclusively serves the Transportation, Logistics and Supply Chain space. About Ryan Schreiber.
This was especially difficult in 2018 as capacity constraints caused freight rates to skyrocket. And with the number of factors that could affect capacity in the short-term and long-term, including legislation, the driver shortage, supplier requirements from large […].
I recently completed my latest study on the transportation execution and visibility solutions market. Transportation execution allow shippers to connect to multiple carriers and then tender, track, and pay in the system. For pharmaceuticals, this is a critical component of transporting goods throughout the supply chain.
The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. 10 Freight RFP Components for Success. Capacity strategy. Company background. Use data to drive the RFP.
Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . High freight volumes across all industries in the trucking market are expected to continue into 2022.?
Data is the enabler that allows companies to meet these changing market dynamics through optimal transportation orchestration. Advances in transportation -related systems and technologies, together with more efficient data orchestration, have the potential to solve even the most complex modern-day operational and sustainability challenges.
Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is a tenured veteran of full truckload freight brokerage who has firsthand knowledge of technology’s power in the freight industry. About Kinetic Kinetic helps freight tech companies get their products to market faster and with better adoption.
The Freight RFP Process is Broken – Let’s Fix It with Maggie Petrovic. Maggie Petrovic and Joe Lynch discuss the freight RFP process is broken – let’s fix it. Maggie is the Vice President of Strategic Initiatives at Emerge , a company that is Reinventing Freight Procurement. Rethinking the Freight RFP Process.
Freight management is crucial for companies around the globe. Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. How To Determine Freight Class: Density Calculator & Printable Resource. DOWNLOAD THE FREE RESOURCE HERE. DOWNLOAD CALCULATOR.
GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. That makes C.H.
We have all our factories, both in-house and outsourced, all of our distribution centers, and our transportation network on the Blue Yonder foundational system. We can run a plan simulation to maximize revenue, maximize shipments, maximize the customer experience, or minimize transportation costs. So why do it yourself?
Companies of all sizes engage with 3PLs and 4PLs to ensure access to technology, capacity and strategic insights. During the pandemic, companies found it difficult to access and manage capacity on their own. That’s where the 4PL or managed transportation relationship comes into play. 3PL vs. 4PL. Technology.
More Resources Home July 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices stayed level at $3.39/kg.
Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Market volatility describes a stage at which volume and capacity availability are misaligned.
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