Year-after-year logistics teams are tasked to reduce their freight spend and improve the supply chain performance of the company. Time-and-again inbound freight management is not identified as an opportunity, which continues to have those in the logistics and supply chain industry scratching their heads as to why because according to the Aberdeen Group, inbound freight can consume 40% of an average organization’s annual freight spend or 3.6% to 5.2% of a firm’s total annual sales.
The freight broker market continues to evolve its value-add proposition for shippers. Technology has put this transformation process into hyperdrive transitioning many freight brokers into logistics service providers (LSP’s).
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.
When unprecedented moves in freight pricing occur CFO's all across the USA being calling their logistics team in telling them freight costs cannot continue to be a negative to the P&L.