Overview The US Truckload (TL) market is a dynamic ecosystem that constantly evolves in response to economic, regulatory, technological, and weather disruptions. In this post, we’ll provide an update on the current state of the US TL market, highlighting key trends and insights that can help shippers, carriers, and other stakeholders navigate the road ahead. The US economy is currently […]
Managed transportation encompasses a suite of services aimed at streamlining freight management processes. By outsourcing transportation functions to third-party providers, businesses can leverage expertise and resources to enhance efficiency and reduce costs. Understanding the core components and benefits of managed transportation is fundamental to unlocking its potential for savings. As businesses navigate supply chain management, the significance of savings in […]
In the realm of managed transportation, businesses grapple with the challenge of balancing oversight and efficiency. This blog unveils advanced strategies and collaborative approaches that empower businesses to navigate the complexities of managed transportation, ensuring optimal control and efficiency. Understanding Managed Transportation Managed transportation involves outsourcing the planning, execution, and optimization of transportation activities. From freight procurement and carrier management […]
The approach to selecting carrier partners has undergone a significant transformation. Gone are the days when the primary focus was solely on securing the lowest price for freight services. Today, successful transportation programs demand a more nuanced and strategic approach—one that prioritizes service quality, reliability, and carrier capabilities beyond mere pricing. The Changing Dynamics of Carrier Partnerships Traditionally, many logistics […]
One common question we hear at FreightPlus is, “What kind of tools are available to shippers to compare LTL base rates and discounts?” It is a simple question that doesn’t come with a straightforward answer. Like many things LTL, comparing rates is not as simple as comparing apples to apples, and therefore there isn’t a one stop shop solution. Rate […]
The relationship between shippers and Less Than Truckload (LTL) carriers has historically been a complex one. Traditionally, the approach was straightforward - shippers aimed to cut costs by negotiating aggressively, often resorting to a 'beat them over the head' strategy. However, this outdated mindset is undergoing a paradigm shift. The Outdated Approach: "Beating Carriers Over the Head" The once-prevailing tactic […]
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