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.
A couple weeks back, we wrote an article comparing a logistics service provider to a freight broker. Within that article, we touched briefly on asset motor carriers and said we would come back to the discussion of comparing them to non-asset freight service providers.
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.
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).
People connect with us every day on our managed transportation services to ask various questions about how the solution can help them. While the questions vary, the one question on everyone's list is how much it costs to bring a managed TM solution to their organization.
Outsourcing non-core competencies has been a long-standing business strategy, but for many shippers the decision to outsource freight activities brings on a number of anxieties starting with the perception of losing of control of what the C-Suite believes should be a core internal competency and continues from there. While some shippers may be anxious over the decision to outsource freight activities, the larger market is not and the practice is far more common than others think. Today's logistics technology and business processes within the managed transportation space makes outsourcing seamless to the shipper and its customer base, while providing significant value in price, capacity, market knowledge and overall supply chain performance.
Outsourcing logistics services puts the day-to-day execution in the hands of trusted logistics experts that frees up a shipper's resources and capital to focus on their competitive advantage and growth. According to a recent Armstrong & Associates report, ninety percent of Fortune 500 companies use third-party logistics providers (3PL) for outsourced logistics and supply chain services, which is a strong endorsement to the value in outsourcing to a logistics service provider (LSP).