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
This week we celebrate Veterans Day and give thanks to the men and women who served honorably in the armed forces of the United States. Of the approximately 8.2 million veterans employed across the U.S. economy, 1 in 12 are in commercial transportation. Today more than ever, the industry needs people who know how to solve problems under pressure. Here are some points to consider
The North American supply chain has an increasing problem with port congestion, leading to fluctuating consumer goods inventories. The more our team examined this issue; it became clear the problems were taking on a snowball effect spreading through the supply chain from the shipper to the consumer, and everyone in between. There are many questions
Capacity is stretched thin and supply chains are in disarray. To keep assets moving, freight brokers and motor carriers are utilizing new mobile strategies to stay connected with drivers and provide tools they need to work smarter (both inside and outside the cab). Transportation companies have competing interests when choosing mobile technology. For efficiency’s sake, they
Professional truck drivers must be sticklers for detail to stay safe, productive, and compliant. The last thing they should have to worry about is whether they will get paid after completing an on-time delivery. All the planning and awareness it takes to ensure an incident-free workday can seem futile if paper shipping documents are causing delays in payroll and
For years now social media has connected our society together, and during a year of distancing and quarantining, it brought many together when other means weren’t possible. As we move forward, it seems that a new opportunity is arising for truckers to inspire and connect: TikTok. The video-driven social media site is the newest to
Many shippers simply don’t have full visibility into which carriers and drivers are hauling their freight when using a freight brokerage or 3PL company… While there are the obvious benefits shippers get by working with brokers (liability, logistics, etc.), many shippers still express a desire to know which carriers are hauling their products, and have
The switch from paper to digital, and manual labor to automation, requires the right solution matched with a seamless transition. We’ve been in business since 1991 helping freight brokers and carriers implement the latest tech that keeps the supply chain thriving…And to help guide you, we put together the three most common mistakes freight brokers
The key to a good relationship is communication; ask any couple with a healthy relationship and this is likely going to be their advice. All types of relationships rely on both parties to do their part. This is the case for professional relationships as well, including one between a freight broker (or 3PL professional) and
FreightWaves & Transflo Talk Advancements in eBOL & ePOD Technology …and how KBX and Koch Industries are Helping Pave the Way. CEO and President of Transflo, Frank Adelman, discusses advancements in electronic Bill of Lading and Proof of Delivery documents on FreightWaves TV. Transflo recently partnered with KBX Logistics (a Koch Industries company) to extend the new digital