Definition of Freight Consolidation Freight consolidation is a logistics strategy where a shipper combines multiple shipments within a particular geographic region into a single shipment container that is then line hauled to a destination point where the smaller shipments that were part of the consolidation are broken down and shipped to their final destination or the single shipment is delivered directly through to final destination. Quick Video Demonstrating Consolidation & Pool Points
Definition of Freight Broker A freight broker is an individual or company that is contracted by a shipper to be a liaison between the shipper and a motor carrier to facilitate the movement of their property from origin to destination by accessing its vast network of carrier relationships.
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.
Definition of Less-than-Truckload (LTL) LTL is used when a shipper has more than a parcel shipment, but less than a full truckload.
The logistics industry is filled with acronyms, which often confuse those outside the logistics and supply chain industry or those new to the field.
As we have shared previously, less-than-truckload (LTL) can be one of the most difficult freight moves to get “right”. Between NMFC class ratings, confusing tariff schedules, various service coverage maps and claims, there is plenty in play that can take a great deal of energy away from other priorities in a shipper’s logistics and supply chain strategy. With all the moving parts LTL brings, the priorities of cost and service often takes a back seat to just getting the product from your dock to the ultimate customer at a better cost than last year.
One of the least favorite topics of any logistics team, whether a shipper or freight service provider, is accessorial charges. The reason people dislike accessorial fees is they have an immediate impact on the bottom line and a negative impact on service.
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.
In a recent article published by Fleet News Daily entitled MercuryGate Announces Big Growth in Sales, InTek Freight & Logistics is listed as one of MG's key customers that helped to drive its growth in supply chain technology market through its industry leading cloud transportation management software (TMS).
The real estate phrase location, location and location is used to point out to buyers a home can increase or decrease in value due to its location. The reason for repeating the location three times is because location cannot be emphasized enough in real estate decisions.