Dense Freight Data Demands the Power of Digital Auditing
The cumbersome time investment of freight auditing has always been its biggest obstacle. It’s why so many carriers have digitized the process in recent years. Digital freight auditing is a step in the right direction, but it requires comprehensive oversight. Companies can’t just focus on one aspect of cost reconciliation — they need to recognize the many avenues and opportunities [...]
Reducing Costs and Improving Freight Efficiency Using a Robust, Reliable TMS
Once governed by dollars and cents, freight transportation has quickly become an industry ruled by pennies. As supply chains around the world become tighter, enterprise shippers are forced to squeeze every penny out of their freight operations. Consolidating costs, expediting invoice reconciliation, and managing rates and fees are all of paramount importance. This, in turn, has elevated the importance of [...]
Inclement Winter Weather’s Effect on Freight Logistics and What You Can Do About It
Winter is a costly season for shipping companies and businesses relying on freight transport. Inclement weather is incredibly disruptive and costly. Trying to plan for it is fruitless. Instead, it’s important to focus contingency planning and proactive maneuvering on what you can control — your supply chain. Being cognizant of how weather affects your costs [...]
It’s Time to Revisit Rate Negotiations
Your business has grown and your needs have changed. Have your shipping contracts evolved in tandem? Chances are, they haven’t. The rates and terms you negotiated in the past may not apply to your business’s current needs. Now is a prime time to readdress and reconsider them. Focusing on rate negotiations will help your business establish [...]
5 transportation management system trends for 2020
Transportation management systems (TMS) continue to drive plenty of value for organizations, but it is still not a saturated market.
Future-proofing your TMS investment
Investment in a new transportation management system (TMS) is expected to provide a positive return in a number of ways