Manufacturing May be Contracting, but Freight Payment Data Says Shipping Isn’t
The manufacturing industrial economy is contracting. Domestic manufacturing is mired by everything from trade wars and tariffs to globalization and rising materials costs. This contraction has rippling effects on cost of production and, in some cases, the price consumers pay. But one sector that remains unaffected by the recent manufacturing downturn is one of the most [...]
Uber Freight’s New Industry Report Shines a Glaring Light on Key Areas of Logistical Inefficiency
There’s a never-ending battle for efficiency raging across every supply chain. And while we’re constantly finding new ways to cut costs and optimize, there are areas of waste where we might not understand the ramifications. A new report from Uber Freight sheds light on some of these issues — specifically, logistical inefficiencies in the chain of [...]
Forget Last-Mile Delivery, There’s Room for Cost-Cutting in the Middle Mile
There’s a battle raging over last-mile delivery as freight providers look to remain competitive amidst growing eCommerce. But the real battle may be yet to come. Last mile is only one end of the supply chain. Smart companies such as Walmart have started looking at middle-mile logistics as a prime place to get ahead of costs, [...]
Rail Transport Just Fell Off a Cliff. Why Isn’t Anyone Talking About It?
Rail transport existed long before any other method of transportation. It preceded highways and flight and opened up trade routes before America even had 50 states. Sadly, today, rail transport is in trouble. The industry has faced ups and downs over the years; but since the beginning of 2019, the trend has been all downward. The [...]
What’s Going On with Freight Volume this Year?
Freight volume has always been one of the core benchmarks of economic strength. The more imports/exports and product moving across America’s highways, the better the economy. As those volumes begin to contract, so does the economy – at least, that’s what appears to be happening right now. Freight volumes for 2019 have been lackluster to say [...]
Is Your Freight Audit System Equipped for the Supply Chain of the Future?
Globalization and the rise of complex supply chains have brought forth many new variables for shippers to consider. It’s no surprise old freight management systems have become outmoded ― replaced by more robust platforms. So why are many companies still using antiquated freight accounting software? The supply chain of the future requires proactive oversight, not reactive [...]