4 Ways Digital Logistics Tools are Driving Triple Bottom Line Profits
The phrase ‘triple bottom line’ was coined back in 1994 by author and business advisor John Elkington. Since then, companies from every sector, big and small, have adopted and employed it. Nowhere has the concept of the triple bottom line thrived like in the logistics industry, however — today, more than ever. The complexities and nuances of an evolving [...]
The Freight Transport Industry is Nearing a Major Shakeup
There’s a lot of talk about the ‘new normal’ post-COVID-19. Although no one really knows what this looks like, there’s plenty of speculating out there to fuel headlines, both good and bad. For those looking past the sensationalized headlines to the movements of the industry, the new normal is becoming clearer by the day — at least, the new [...]
Freight is Officially on the Upswing After COVID-19. Here’s What’s Driving it.
COVID-19 was disruptive to virtually every industry, but few saw setbacks and stoppages like freight. With local economies all but shut down, borders closed, and demand in sharp decline, the freight industry stagnated and lagged during the pandemic. But now, just like that, freight is back on the upswing. New data indicates that freight is quickly recovering and trending [...]
In the Wake of COVID-19, Digital Transformation Builds Supply Chain Stability
Simply looking at the global economic landscape is enough to see that COVID-19 has and continues to cause great disruptions. According to the World Economic Forum, Chinese exports fell more than 13% in January and February. Since then, in March, April, and May, the U.S. economy has contracted by as much as 4%. Even as businesses open back up [...]
A TMS is just one weapon in an efficient supply chain
Many shippers believe a transportation management system (TMS) will streamline their operations and lead to greater profit. And in some cases, it will. But a robust TMS should be just one part of the broader supply chain efficiency mission.