Weekly discussion and analysis on the trends in the intermodal spot rate market. The InTek intermodal spot rate index increased 6.4% from the prior week.
The biggest constant in the freight industry is change and the freight mini-bid has become the tool of choice by logistics professionals as a way to navigate the volatility found in the dynamic freight market that thrives at the intersection of supply and demand.
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.
Like clockwork, every 4th quarter fills freight and logistics companies email boxes with freight requests for quotes (RFP’s), but why?
InTek Freight & Logistics hired Ray Brezden to lead its intermodal and truckload sales team. Ray comes to InTek via Piggyback Consolidators where for the last forty years he served North American intermodal and truckload shippers.
As part of the decision process a logistics professional goes through to bring an intermodal strategy to their company one of the most pressing questions they ask themselves is whether an asset or non-asset intermodal provider will be the best fit for their business requirements.
At one time or another a company shipping products will have to access the freight spot market to obtain a price and capacity to move one or more of their shipments. While the task of obtaining a quote is simple because of the thousands of asset and non-asset freight service providers that make themselves readily available for the call or email request, the task of narrowing down the best solution is often more troublesome because of the variables found in how spot freight quotes are assembled and presented.
Overview InTek Freight & Logistics offers a 40’ and 45’ ISO intermodal container capacity for inland domestic shipments to provide shippers an additional freight option for freight capacity and value, while helping the ocean freight companies reposition their containers with revenue producing freight.
Logistics and supply chain decisions have a direct impact on a company’s bottom line and its success to achieve a competitive advantage in the markets they serve.
As we talk to shippers across North America on the merits of intermodal, we often hear from shippers, “we only work with asset intermodal providers".
For years, InTek has been laser focused on domestic intermodal as an alternative to truckload options for price and capacity requirements.