We’ve heard many times how logistics and the supply chain run like a fine-tuned engine, and for the most part this analogy is accurate. Much like an engine, there are many parts that work in sync to maintain the momentum of operations – but every engine has its points of failure. One of the biggest
If you’re like us, you’re anxious to see what 2023 has in store for the trucking industry. After all, the past few years have been turbulent, to say the least. Transportation professionals are no strangers to the rise and fall of economic conditions over the years. Typically, when forecasting economics, one looks for a multitude
Supply chain operations from carriers and freight brokers to factors and shippers are all subject to friction occurring within the transportation industry. To address concerns such as labor shortages, slowed growth, and lack of freight visibility, professionals are turning to hyperautomation technology like Transflo Workflow AI to counteract these pain points. However, if businesses don’t partner
The supply chain has no shortage of acronyms; ELD, ACE, POD, 3PL, eBOL, ECCN, among others. And more recently a new term has joined the list, creating buzz and debate over something referred to as “5PL.” If you haven’t heard of 5PL yet, you’re not alone. A recent LinkedIn poll surveyed over 500 industry professionals and 48
It was the tail-end of June, in 1969, on the brick-lined streets of New York’s West Village…A community of LGBT+ Americans and allies stood up for their rights and began an equality movement we now refer to as Pride… June (Pride Month) may be over, but the importance of diversity and human rights remains. It’s
It starts with the turn of the key, and in a flash – potential energy is converted to kinetic energy. A distinct smell of diesel fills the air as professional drivers begin their journey – all thanks to the firing of a few cylinders beneath the hood. For some drivers today, their journey has stalled
By Frank Gambino The 732-billion-dollar question on everyone’s mind…where is the trucking industry really headed? After all, it’s no secret that most forecasts have looked something like a heart monitor at a haunted house with rising and falling that has experts scratching their heads at what could possibly come next. There are many factors that
Ready for Prime time While online shoppers wait for Amazon to release official dates for Prime Day, shippers have a deadline to work with: sellers that use Amazon’s fulfillment program (FBA, or Fulfillment by Amazon) have until June 20 to get their Prime Day goods into Amazon distribution centers. Last week Amazon also announced Buy with Prime, a service where third-party
New broker-carrier relationships can be delicate as both parties begin working with new people, processes, and technology. Before entering a new relationship, motor carriers will evaluate a broker or third-party logistics (3PL) provider’s credit history — the average days to pay — and the terms and fees associated with their quick payment options. In the cash-intensive trucking
Lane profitability is a moving target for freight brokers and third-party logistics (3PL) providers with a narrow strike zone of about 15 percent net margin. 3PLs often miss this mark when covering loads with new carriers by going through load boards and using systems that require manual activities such as sending emails, making phone calls, and completing the onboarding process. Doing business with