Tag: ltl
The Impact Of The Coronavirus On Surface Freight
Recall that at the beginning of the year, industry experts expected the surface freight spot market would gradually increase to make up for its decline over the past year. Every publication on the planet was encouraging shippers and logistics service professionals to start thinking about renewing their interest in contracted freight rates that would help […]
What Matters Most When Choosing A 3PL: Cost Or Customer Service?
While there are many factors to consider when choosing a 3PL service provider, cost and customer service are two of the most critical factors. Finding the right balance is the ultimate chicken and egg situation for all logistics managers. If they can crack this, they can get a step closer to creating a better and more [...]
Amazon’s Next Frontier: The Food and Grocery Business
Amazon has already proved its mettle in the e-commerce space and in the distribution sector. Earlier in the year the company also staked its claim in the digital freight brokerage industry. Now, it has set its sight on the grocery business. Amazon’s Grocery Connect Unlike its other ventures, the retail giant’s foray into the food and grocery […]
CEOs Should Be Focusing on Their Supply Chain
As Jeff Bezos, CEO of the e-commerce juggernaut once said, “When [executives of other companies] are in the shower in the morning, they’re thinking about how they’re going to get ahead of one of their top competitors. Here in the shower, we’re thinking about how we are going to invent something on behalf of a […]
Shippers Growing Success With 3PLs
The 24th Annual Third-Party Logistics Study for 2020 has been released and it shows a growing success between shippers and their 3PL partners. “The majority of shippers, 93%, report that the relationships they have with their 3PLs generally have been successful. A higher number of 3PLs, 99%, agree that relationships have generally been successful,” the […]
Can Advanced Analytics Put a Pin in OTIF?
According to the 2020 Third-Party Logistics Study, data analytics is not only becoming more viable in the logistics industry, but it’s also becoming a necessity and make a difference. With the growing storm that is e-commerce, brick and mortar retailers have had to step twice as fast in order to stay in the game. Especially, […]
The Definition of Transparency
As companies mature and the market changes, our understanding of crucial operating components of any industry has also grown. Supply chain transparency, in particular, has come a long way over the past twenty years. Transparency within the supply chain has gone from an unrecognized concept to a focus item for the C-Suite across a vast […]
The Secret of Successful Supply Chains: A Culture of Continuous Improvement
Why are some supply chains operating at an optimum level, while others are struggling to perform day to day operations? How are some supply chains able to respond quickly to market demands, while others miss opportunities? Why are some supply chain managers able to reduce costs without compromising product and service quality, while others are […]
How the CFO Can be a Change Agent in the Supply Chain
How the CFO Can be a Change Agent in the Supply ChainShow SubmenuResources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 7, 2019 Managing cash flow, planning the financial outlay, keeping the balance sheet in order, and ensuring all financial compliances are met are a CFO’s core job function. But [...]
The State of Your Supply Chain Affects the Level of Your Inventory
Inventory is the core of any business. The right inventory, at the right time, at the right point in the supply chain is crucial for the success of the business. For example, the shortage of raw material at the factory will affect production. If warehouses are not replenished on time, distribution will be derailed. If [...]
Controlling Costs and Preventing Accessorial Loss
Want A Free Supply Chain Analysis? Controlling costs is critical for any business to be successful. When working with a supply chain, the more complex it is, the more chances there are for additional costs and surcharges, any of which can cost your company a great deal of extra money. They are any […]
Intelligent Automation, the Future of Supply Chain. Is the Logistics Industry Ready?
It is a well-known fact that supply chain is increasingly becoming digital. But is simply adding a digital component to the complex supply chain network enough to make it efficient? Will it provide the edge that companies need to win in the current cut-throat and ever-changing global business environment? What more is required? According to […]
3PL’s Might Bridge the Gap in a Revenge Market
We’ve all heard that turnabout is fair play but in the trucking market, that mentality could make for a vicious marketplace. Of course, no one likes to pay any more for a service than they have-to, but given the fluctuations that happen within the freight market it’s all part of the game, right? The [...]
7 Benefits of Outsourcing Logistics to a 3PL
7 Benefits of Outsourcing Logistics to a 3PLShow SubmenuResources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 13, 2019 To outsource logistics or manage it internally is a major point of consideration for organizations. The decision is usually arrived at after extensive cost-benefit analysis of both the alternatives. While the [...]
Will 2019 Be a Carrier or a Shipper-led Market?
Trucking is a cyclical business. There are periods of intense growth followed by a lull and then there are periodic seasonalities which may vary from one industry to another. How long each period lasts depends on the internal and external factors that greatly impact the trucking industry. International trade policies and volume, capacity, manufacturing industry’s […]