You can improve the process and results of your LTL carrier negotiations by being as prepared as possible. The best way to do that is by aggregating as much data as you can – about your own freight and shipping lanes as well as the preferred freight and lanes of your carriers. This will ensure that you choose the best LTL carriers to offer the best service for your freight, your customers and your suppliers at a fair market value.
Bob Freed and Tech Transport, a freight management company that simplifies its customers’ shipping functions, always aim to meet and exceed their customers’ needs. However, they realized that in order to continue to provide the best service to their customers, Tech Transport would need help on the technology side of the industry.
The digitization of freight management and transportation logistics is well underway and is being widely adopted by carriers, 3PLs, shippers and other supply chain companies. This was inevitable because of our society’s proclivity, need and expectation of instant information. While the transportation industry lagged behind in adoption of technology, it is quickly catching up because of the benefits realized. One of the most adaptable, advantageous and easiest implementations to make has been the inclusion of freight-pricing application programming interfaces (APIs).
2020 was an interesting year to say the least. The COVID-19 pandemic had a drastic effect on the global economy, hindering many industries – including transportation. With the online shopping boom and the increased need for delivery, the shipping industry was in demand. But it also had its share of challenges. The increased demand caused shipping delays, there was a driver shortage, delivery issues because of facilities being closed or limiting hours, and illness shutting down terminals or affecting companies in other ways. The less-than-truckload (LTL) industry now has to take the lessons learned in 2020 and prepare to move forward in 2021 and beyond. Here are a few things to look for in LTL logistics in 2021.
Are you ready for an LTL pricing API that will streamline freight purchasing while saving money on freight costs?
The traditional RFP process for less-than-truckload (LTL) shipping contracts is an institutionalized approach that helps shippers plan budgets while giving carriers information they need to determine equipment and staffing needs.
As a transportation manager, you understand that your company needs to continually move toward full freight digitization. You know that organizations that run from it will be left behind.
With over 27 years of logistics experience, Steve Vondra joins the team as Senior Director of Transportation Strategy to drive high-level conversations around transportation optimization, capacity management and profitability.
Question: How does your new role add value to the transportation industry?
Fueled by the pandemic, the logistics industry has been involved in a multi-year trend to adopt technology that replaces paper forms with digital information.
The annual transportation RFP process has been like the weather – everybody complains about it, but nobody can do anything about it. However, that's no longer true. Shippers and carriers have technology-driven alternatives that don't require making educated guesses about transportation rates a year in advance.
