Freight is more than just a truck and a rate: success in logistics requires an understanding of the freight market to be able to optimize performance. Outsourcing logistics services like LTL (Less-Than-Truckload) shipping to a 3PL lets trusted logistics professionals share their expertise while allowing you to concentrate on your business. Who’s Using 3PL’s for […]
Growth in e-commerce retail sales has been a result of its convenience for consumers, product selection, and prices. Unlike in brick-and-mortar stores however, consumers cannot evaluate products before they purchase them in person. This leads to a large number of returns for items that were purchased online but did not meet consumers’ expectations for a […]
A global supply chain enables businesses to get items easier and at a lower cost, however, it does create some risk for a company. Global supply chains are vulnerable to events such as natural disasters, political unrest, and war. These types of events lead to uncertainty in markets and can have consequences on supply chains. […]
Chinese New Year, also known as Lunar New Year, is the biggest holiday in China. This year, the holiday runs from January 21, 2023, until February 5, 2023. Before and during the holiday, manufacturing and export operations across most of the country will come to a halt as factories shut down. It is important, then, […]
As the year comes to a close, many in the logistics industry are looking forward to a less tumultuous new year. The challenges faced by supply chain managers and logistics managers are a result of a rapidly changing industry with many technological advancements. Staying on top of the following supply chain trends will help you […]
Whether you are currently employed in logistics or interested in making a career change, there are plenty of opportunities within the industry. The logistics industry has traditionally been a male-dominated industry and it can be challenging to fit into a field where many of the leadership positions are held by men. While that has been […]
The logistics industry is facing challenges in predicting supply and demand. Elastic logistics addresses this challenge by allowing businesses to scale supply chains according to market fluctuations. Since elastic logistics expands and contracts capabilities as needed, it can improve the efficiency of the entire supply chain. What is Elastic Logistics? Elastic logistics is the ability […]
Sometimes you need more flexible options when it comes to shipping. Power only trucking is a type of freight transportation that only provides the truck and driver. The trailer is owned or leased by a third-party logistics provider (3PL) or shipper and is considered separate from the truck and driver, which is also known as […]
Less-than-truckload shipping (LTL) is a transportation method used for smaller freight that does not need the use of an entire trailer. LTL is a shared shipping solution where shippers pay for the portion of the trailer their freight occupies and the rest of the trailer is filled with other shippers’ items. Requirements for LTL Shipping […]
Over the last few years, many businesses have experienced challenges in supply chain procurement, which means it is now more important than ever to evaluate your supply chain procurement processes. A procurement strategy not only manages spending but also ensures operational effectiveness. An effective procurement strategy means that production, workflow, and budget are aligned with […]