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 […]
Another holiday season is upon us and once again it looks like there will be a shortage of seasonal employees to help with the holiday rush. If this year so far has given any indication, there will be “Help Wanted” signs up all over. This of course includes retail and fulfillment. With the approaching 2022 […]
Shanghai authorities are facing major challenges in keeping supply chains going with numerous ongoing COVID-19 lockdowns. For over a month, China’s most populous city has been imposing strict lockdowns in which residents are unable to leave their homes. China’s effort to keep the latest round of the virus under control has led to rigid quarantine […]
Keeping transportation costs down in today’s market is a challenge for any business, particularly for smaller companies. Contract pricing helps to keep shipping costs more consistent because they are long-term rates for regularly scheduled volumes of freight. What are Contract Rates? Contract rates are also known as primary or dedicated rates. When looking for shipping […]
As e-commerce continues to skyrocket, the logistics industry has faced unique challenges that have forced businesses to rethink what services they handle in-house. Many companies, particularly small- and medium-sized ones, have chosen to work with a 3PL (Third-Party Logistics company). Companies that want to optimize their supply chain choose to partner with a logistics provider […]
The current capacity constraints and high shipping costs mean that companies are looking for alternatives for some of their shipments. LTL, or Less-Than-Truckload Shipping, has been around since the 1980s, but an increasing number of companies are realizing the many benefits it offers. What is Less-Than-Truckload Shipping? Less-Than-Truckload (LTL) is a method of transportation for […]
The year 2021 was all about supply chain shortages, especially during this past holiday season. Visit any retailer or grocery store and chances are, they were out of something. Computer chips, electric vehicle batteries, and restaurant food supplies are just some of the items that consumers were concerned about. For most of the year, shelves […]