We often see transportation is in the top five of a shippers P&L. In this era of digital transformation, the key to an effective and strategic transportation program lies in harnessing the power of data and information. Let’s explore how data-driven decision-making can drastically improve your transportation program. Traditionally, transportation decisions were often made based […]
Innovative managed transportation provider continues to invest in hiring and developing the best talent within the logistics space. FreightPlus, a data-driven managed transportation solutions provider, announced Mike Beck has joined FreightPlus as Vice President of Brokerage. As the Vice President of Brokerage at FreightPlus, Mike Beckwith oversees the strategic development and execution of the company’s […]
Managed transportation encompasses a suite of services aimed at streamlining freight management processes. By outsourcing transportation functions to third-party providers, businesses can leverage expertise and resources to enhance efficiency and reduce costs. Understanding the core components and benefits of managed transportation is fundamental to unlocking its potential for savings. As businesses navigate supply chain management, […]
Measuring LTL carrier performance is one of the grayest areas in transportation. Join Jill Clifford and Curtis Garrett as they deep dive measuring LTL carrier performance and discuss how shippers can make their freight attractive to carriers.
One common question we hear at FreightPlus is, “What kind of tools are available to shippers to compare LTL base rates and discounts?” It is a simple question that doesn’t come with a straightforward answer. Like many things LTL, comparing rates is not as simple as comparing apples to apples, and therefore there isn’t a […]
The relationship between shippers and Less Than Truckload (LTL) carriers has historically been a complex one. Traditionally, the approach was straightforward – shippers aimed to cut costs by negotiating aggressively, often resorting to a ‘beat them over the head’ strategy. However, this outdated mindset is undergoing a paradigm shift. The Outdated Approach: “Beating Carriers Over […]
The concept of a “perfect load” in transportation revolves around the optimal utilization of available space, weight capacity, and resources within a transport vehicle, such as trucks, planes, or ships. It’s about efficiently arranging and managing freight to achieve maximum efficiency and effectiveness during transportation. Here are key aspects of the concept: Creating a perfect […]
A lumper fee refers to charges incurred by shippers for the loading or unloading of freight at warehouses or distribution centers. When a shipper doesn’t handle these tasks themselves and relies on external labor, these fees are levied by third-party workers or companies responsible for the handling. Why Do Lumper Fees Exist? These fees exist […]
Calculating the average freight cost per pound provides a detailed insight into expenses and aids in making informed decisions. In this guide, we’ll delve into the intricate process of accurately calculating this crucial metric, considering various variables that influence it. Why Average Freight Cost per Pound Matters Understanding the average cost of freight per pound […]
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