Running a 3PL without Less-than-Truckload (LTL) shipping is like trying to solve for profit without the missing variable. You can line up customer experience, operations and vendor management all you want, but without LTL in the equation, the …
For the past year, the Banyan Technology Team has published some exciting content for Shippers and 3PL professionals to share our supply chain and shipping industry insights. We are listing our Top 5 favorite blog posts from 2022 that can help…
Shifts in the economy have had a lasting effect on over-the-road (OTR) shipping. As productivity in manufacturing declines and freight volumes level off, the industry has prepared for maintaining heightened service levels through the adoption …
Recently, several carriers announced general rate increases of between 5-6% for LTL shipments. According to FreightWaves, the increases are made to cover the cost of inflation and to make investments in real estate, equipment and technology. …
Carriers in the over-the-road (OTR) shipping market are facing driver shortages of about 85,000 drivers every day, and with an aging workforce and other regulatory pressures that gap is quickly widening to further reduce the labor pool.
Last week, thousands of Taylor Swift fans were booted from online queues while trying to purchase pre-sale concert tickets from Ticketmaster when the site crashed due to overwhelming capacity issues. Making matters worse, the national ticket s…
In the inaugural episode of Banyan Technology’s Tire Tracks podcast, Transportation Intermediaries Association (TIA) President and CEO Anne Reinke addresses current peak season challenges with host and Banyan Account Manager Patrick Escolas.
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With great challenges comes the opportunity for change and growth. It forces you to think outside the box and deploy new tactics to overcome disruptions. With no end in sight for the current challenges in the supply chain, you may want to t…
In what’s considered a “carrier’s market”, Shippers and 3PLs are scrambling to secure carriers to pick up and deliver their freight. Many are paying premiums in tight capacity lanes because carriers can be selective in what they move and ho…
Wouldn’t it be nice if we could see what the future of freight and the supply chain will be in 2022? Industry experts predict that we will still see backlogs of shipments, labor shortages, capacity issues, rate increases, and lack of wareho…
This year remains a challenge for the supply chain. Labor shortages and carrier capacity are ongoing issues, and lane restrictions and rates continue to steadily increase with no end in sight. According to The Washington Post, fallout from …
“If it ain’t broke, don’t fix it” is an old saying that means if something is functioning properly, it’s probably best you leave it alone and not make any changes that could potentially break it. Many companies subscribe to this mantra and …
