Trucking Archives - Page 13 of 22

Today’s Competitive Supply Chain: Digital, Smaller, More Resilient

Historically, the supply chain and manufacturing industry has been relatively slow to embrace the opportunities presented by the digital revolution. Technology is advancing quickly, and it’s time to buck this trend. Whether it’s recognizing the crucial strategic strength and impact offered by the Internet of Things (IoT), taking advantage of the dramatic increase in automation, […]

March 9, 2017 | Logistics | Supply Chain | Trucking

Why the ‘Shareconomy’ Is the Future of Logistics

The idea of a global shared economy—which has given rise to businesses such as Uber, Lyft, and Airbnb that share resources among user bases—is projected by PwC to generate revenue of at least $335 billion by 2025. An increasingly popular concept made possible by new technology platforms, fueled by the idea of collaborative consumption, the […]

February 8, 2017 | Transportation | Transportation Management | Trucking

6 Simple Metrics for Tracking and Improving Carrier Performance

While transportation service providers vary in size and ability, having an overall strategy to track carrier performance can drive long term operational and financial stability. By relying on simple data captured over time, over the road shippers are better positioned to make informed decisions on the fly or in future bids to ensure their desired […]

Leveraging Your Routing Guide

A routing guide plays an important role in setting the strategy for carrier selection. It is essentially a shipper’s guide to choosing a carrier to move a particular shipment. While there are many forms of routing guides, an increasing number of companies switched from paper to online portals and beyond to enhanced transportation management system […]

Trends—January 2017

Amazon continues to rattle nerves in the transportation sector. In 2015, the company launched a fleet of branded trucks to help shuttle cargo between facilities. In 2016, it leased 40 cargo jets, and Amazon China registered as a U.S. freight forwarder. These moves made third-party logistics (3PL) and trucking companies understandably anxious, considering that Amazon […]

Cloud Collaboration Increases Supply Chain Efficiency

Defined as the art of working together to produce or create something, collaboration has become a focal point for organizations that want to work smarter, better, and more efficiently in today’s competitive business world. Enabled by technology, companies and individuals are working together to achieve common goals, open new lines of communication, and foster both […]

The Slow, Steady Decline Of the Owner-Operator Model

Today, we face the slow extinction of independent owner-operators. These self-reliant business owners are dealing with a myriad of regulations that will soon make the owner-operator model impractical, and its survival improbable. Of the 3.5 million truck drivers in the United States, about 350,000 are owner-operators, according to the Owner-Operator Independent Drivers Association. If you […]

| Expedited Shipping | Specialized Logistics | Transportation | Trucking

Baseball Logistics: Hitting a Home Run Every Trip

Off the diamond, truckers and clubhouse staff work tirelessly to execute the logistics of Spring Training. Here’s how they achieve this Haul of Fame accomplishment.

Trends—December 2016

Happy New Year! Time for Your Annual Supply Chain Health Check Throughout the course of 2016, your supply chain was plugging away, receiving and handling new product lines, efficiently fulfilling e-commerce orders during slow times and peak periods, dealing with returns, and processing shipments to your stores and/or retail customers to ensure timely and accurate […]

How Driverless Trucks Will Change Supply Chain Strategy

In the popular 1985 movie "Back to the Future", it was predicted that by the year 2015, we would have the ability to fly our cars in the friendly skies. While that version of the future never became reality, we do have a major change to the state of transportation on the horizon with driverless […]

Right on Target

MORE TO THE STORY: Customers, Everywhere He Looks One day, while working as a salesman for Overnite Transportation (now UPS Freight), Mike Wagner offered a customer a great set of rates. But the shipper said he didn’t need Wagner; the rates he already had with Overnite were lower than any Wagner could produce on his […]

GOOD QUESTION | What disruptive innovation will have the greatest impact on the supply chain?

Supply chain advancement is a methodology that extracts hidden profit by connecting the supply chain to other core processes of a business: strategy, product life-cycle management, and sales and marketing. Companies that advance their supply chains to this next level of decision-making will be better positioned to adapt to changing customer needs. Robert Martichenko CEO, […]

Leading by Example and Empowerment

MORE TO THE STORY: Perspective Shift When a corporate merger sent Marc Althen to Penske Truck Leasing in 1988, his first assignment there put him in charge of environmental services—an apt role for a chemical engineer who started his career at Chevron. "Then Penske asked me to assume additional responsibilities over the years," Althen says. […]

Trends—October 2016

Response to ELD Mandate: Yours, Mine, and Hours The Federal Motor Carrier Safety Administration’s (FMCSA) deadline for truckers to install Electronic Logging Devices (ELDs) is nearly one year away, on Dec. 18, 2017. Small fleets, however, seem to be taking this mandate less seriously than their larger counterparts, according to a survey of 400 carriers […]

| Partnership | Risk Management | Transportation | Trucking

Accidents Happen: Is Your Transportation Partner Prepared?

When a personal injury or wrongful death lawsuit is brought against a commercial transportation company after a motor vehicle accident, creative lawyers are increasingly including negligence claims. Such claims focus attention on how the transportation company hires, trains, supervises, and disciplines its drivers. Falling short in these practices can form the basis for a jury […]

Amid Hanjin Backlog, Shippers Can Turn to Port Strike Strategies

While news of Hanjin Shipping’s bankruptcy dominates today’s headlines, shippers will be feeling the ripple effects for weeks or months to come. Of the nearly 100 ships listed on the company’s latest operating vessel status report, dozens carry the status of “waiting in open sea.” Others are “arrested,” “embargoed,” or “returned to owner.” A scant […]

The Role of Relationships in Automated Brokerage

Q: Recently we have seen an emphasis on technological tools working towards an “Uber for trucking” model. Is this achievable in the brokerage industry? A: To answer this question, let’s first clarify the analogy itself—Uber for trucking. Nowadays, companies are setting out to entirely automate the brokerage process by better connecting the brokerage firms with […]