After thinking we had said just about all there was about intermodal and rail shipping, we realized we were wrong after reading two recent postings: Union Pacific’s article Three Ways to Connect with Rail - And How to Make Them Happen and Intermodal Association of North America’s infographic, What is Intermodal?
Weekly discussion and analysis on the trends in the intermodal spot rate market. The InTek intermodal spot rate index decreased 1.2% over prior week.
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
Weekly discussion and analysis on the trends in the intermodal spot rate market. The InTek intermodal spot rate index decreased 2.2% over prior week.
Everyone wants to save money and keep their job, so when unprecedented moves in freight pricing occur, CFO's all across the USA begin calling their freight, logistics and supply chain teams into their office telling (not asking) them freight costs cannot continue to be a negative to the P&L.
There is a significant difference between inbound and outbound freight characteristics. Think of inbound as the lifeblood that feeds an organization’s ability to produce high-quality products in the quantities demanded for its customers, and outbound as the delivery of its end salable products going out to its customers.
Often, companies start their quest in optimizing their logistics and supply chain management strategy by implementing a transportation management system (TMS) to improve their company’s cost and service structure for freight movements, while also bringing full transparency to all inbound and outbound product moves for its supply chain stakeholders.
The days of throwing out percentage reductions or using a “solve-to-equation within Excel” to determine the spend for next year is a time tested process that needs to be challenged. While freight is thought of as a commodity, there is more to it, and the Excel spreadsheet RFP driven down from the top misses the target before the arrow is even pulled from the quiver.
So, you’ve decided that 53’ intermodal is an option for your company, but now what?