The market for temperature-controlled transportation has grown substantially in the last few years. And cold chain logistics is projected to grow even more to $647.47 billion by 2028. Cold chain has grown this much because of the benefits it offers for certain products as it maintains a temperature range throughout the shipping process, making it […]
The truckload market in the U.S. can best be described as fragmented, massive, and constantly changing. With low barriers to entry, this is an industry with many companies. While the industry generates over $875 billion in annual gross revenue, truckload rates, and carrier capacity are rarely aligned, which can make it difficult to navigate. The […]
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 […]
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 […]
Hurricanes and other severe storms can affect a business in several ways. The NOAA’s Climate Prediction Center is predicting a hurricane season with above-average activity for this year. The NOAA’s outlook for the 2022 Atlantic hurricane season, which runs from June 1 to November 30, is calling for 14 to 21 named storms. A supply […]
Businesses worldwide are realizing that technology adoption maximizes productivity and revenue. The trucking industry is also increasing its use of digital technology to maintain daily operations. Fleet management is gaining momentum as a way to manage the complicated day-to-day coordination of trucks. What is Fleet Tracking? Fleet tracking is a smart system that uses GPS […]
Filling up at the pump has been painful lately—especially for truck drivers. Diesel fuel prices are at an all-time high, which is affecting an already fragile supply chain, and driving the rate of inflation up. Truck drivers are already concerned about the growing costs that could put smaller owner-operators out of business. Diesel Fuel Prices […]
The truck driver shortage in the U.S. often poses challenges for carriers who may not have an adequate number of drivers to meet their demand. Freight carriers sometimes use truck drivers who own and operate their own rigs for regular or special routes to move goods. Some owner-operator drivers use their own subcontractor drivers, particularly […]
The growth of e-commerce has led to more international shipping but the current lack of capacity for international shipping in addition to rising rates has companies looking elsewhere for supplies. With disruptions in overseas suppliers, many companies are considering nearshoring to Canada and Mexico. This minimizes risk and the potential for disruptions to the supply […]