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Using In-Truck Technology to Cut Costs
Q: What cost factor should shippers prioritize during carrier selection? A: Invoice price is often the driving factor in carrier selection— which is logical, because everyone operates with very thin margins. But that may be flawed thinking. Instead, consider the total cost of utilizing a carrier. For example, administrative costs are a large part of […]
Read MoreUtilities & Site Selection: Powering U.S. Manufacturing Growth
Ensuring adequate and affordable energy for new manufacturing and distribution facilities can challenge site selection teams. Many energy providers now offer resources to plug them into locations that will help their operations shine.
Read MorePorts-to-Plains Corridor: A Pipeline for Progress
Stretching from Texas’ U.S.-Mexico border to Alberta, Canada, the Ports-to-Plains Corridor represents a vital trade conduit for North America’s energy and agriculture heartland.
Read MoreHave You Seen That 584-Page ‘Map’ Yet?
If you are reading this magazine, you are likely either directly or indirectly involved in the $700 billion domestic freight industry. So you know that to be successful, every logistics organization must overcome hurdles that challenge profitability, on-time service and, most importantly, safety. One of these hurdles should not be a marketplace that tolerates carriers, […]
Read MoreCross-border Trade Secrets
When moving shipments into and out of Canada, what you don’t know can hurt you. Specialized logistics providers can help you capitalize on opportunities, ensure compliance, and keep you safe from harm.
Read MoreUsing Big Data to Build Tomorrow’s Supply Chain Today
Q: How can transportation and logistics companies use big data to differentiate themselves? A: Supply chain professionals in all industries and government sectors must transform their supply chain process to meet organizational strategies and goals. Information fusion breaks down the barriers spanning all demand-supply enterprises. A critical requirement is real-time, high-quality, reliable data and information […]
Read MoreThe Case for Transportation Management Software
Q: What innovative technology initiatives help increase supply chain efficiencies? A: The number one return on investment (ROI) that will provide continuous process improvement, and at the same time keep freight costs under control, is integrating a transportation management system (TMS) with a shipper’s existing systems, such as an ERP solution, warehouse or order management […]
Read MoreMeeting the Challenges of the Ever-Evolving Compliance Environment
Q: Even though developing markets are growing rapidly, many companies are reluctant to expand operations overseas because they do not have relationships there, are unsure of the infrastructure, or are not familiar with local demands and requirements. What options are open to them? A: Looking for the right place to expand overseas is more important […]
Read MoreMaking a Business Case for GTM
Q: What is the role of global trade management (GTM) in organizations today? A: In today’s world, GTM is more than compliance. GTM practitioners should think of GTM as standing on three equal pillars: compliance, supply chain finance, and global logistics. A holistic approach is necessary given the growing complexity—both in regulations and geography—of international […]
Read MoreCollaborative Freight Strategies Offer Lower-Cost Alternative to LTL
Q: Why is it important for small and mid-sized consumer packaged goods (CPG) shippers to collaborate on freight strategies to remain competitive? A: If they don’t, they will continue to pay more than their larger competitors, who have the volume to ship more economical full truckloads. For years, smaller shippers have accepted the higher cost […]
Read MoreTrading Partner Collaboration Yields Supply Chain Value
Q: How can value chain partners collaborate to create and share efficiencies? A: Retailers and manufacturers have made progress in improving the effectiveness and efficiency of their individual supply chains. They have found savings and efficiencies, and implemented new processes. Now, trading partners must collaborate to find new avenues for improvement. The competitive retail landscape […]
Read MoreIntermodal Transportation’s Strategic Advantage
Q: Why are shippers making intermodal more integral to their logistics strategies? A: Shippers are using intermodal for a variety of reasons. In many rail corridors, intermodal provides a much better value proposition than highway. Rail transportation is often more energy efficient, so “going green” in intermodal means moving freight costs less. With the driver […]
Read MoreTMS or 3PL: Which Suits Your Business Best?
Q: How does implementing a transportation management system (TMS) compare to engaging a third-party logistics (3PL) service provider? A: A TMS provider’s core business is offering software solutions that solve customer transportation requirements. Companies that implement TMS solutions are looking for certain capabilities: maintaining relationships with carriers; improving supply chain management and effectiveness; streamlining operations; […]
Read MoreExtended LEAN™ Increases Speed to Competitive Advantage. Continuous Improvement Method Takes Companies from Surviving to Thriving
Most operations and logistics leaders have spent at least part of their careers implementing LEAN principles within companies to improve quality, cost and delivery performance. The majority likely learned basic LEAN methods in week-long doses of kaizen ("good change" in Japanese) events trying to reduce wastes. Today many of those early adopters—and new LEAN thinkers […]
Read MoreMobility Solutions That Improve Field Productivity
The freight and logistics industry is truly a mobile world. People, products, and packages are constantly on the move from one location to another, and employees are increasingly using smartphones in their daily lives—with all the benefits of continuous, high-bandwidth connectivity, stronger device capabilities, and more targeted applications. So how can the industry take advantage […]
Read MoreTransportation Payment—Bank on a Better Way
The definition of "carrier" is pretty straightforward: an entity that transports freight. Carriers are in the transportation business, plain and simple. Actually, not so simple. Carriers are also in the credit business. Unintentionally, to be sure, but they are. When carriers set payment terms of 45 days, they are essentially extending credit to the shipper […]
Read MoreNatural Gas For Long-Haul Trucking: Working Together to Get It Right
Q: The trucking industry is poised to increase its use of natural gas for heavy-duty, long-haul freight. Is this a good idea? A: Natural gas sounds like a dream proposition. It’s cheap, domestic, and, when it burns, it emits a quarter of the carbon dioxide (CO2) of diesel fuel—and few other pollutants. So it potentially […]
Read MoreThe Natural Gas Factor: New Market for Providers, New Competition for Capacity
The boom in natural gas and shale exploration in North America holds both good news and bad news for chemical companies. The natural gas being extracted from shale plays across the United States and in Canada has emerged as a low-cost alternative source for powering industrial facilities. As a result, some chemical manufacturers are reshoring […]
Read MoreLatin American Logistics: Keeping Up With the Latin Beat
The region’s improving infrastructure and trade policies offer companies supply chain expansion opportunities
Read MoreComplex Products, Complex Logistics Needs
By their very nature, chemicals make for complicated logistics. Transporting, storing, and distributing flammable, corrosive, highly reactive and carcinogenic materials is not an easy task. And when things go wrong, it’s not just a late or missing shipment at hand—there are economic, environmental, and emotional consequences. The deadly fertilizer plant explosion that occurred in April […]
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