Currently, it’s a shipper’s market. The quantity of freight in circulation is low, providing shippers with leverage. Transport companies are dropping rates to attract business.
While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.
Every major commercial shipping line is rerouting vessels away from the Suez Canal in response to the recent series of missile attacks by Houthi militants in the Red Sea.
Kent Williams, executive vice president of sales and marketing at Averitt, would like to see better relationships between shippers and less-than-truckload (LTL) carriers.
The process of collecting logistics data from multiple sources such as barcodes, text and objects, and converting it all into an electronic format, can enable better outcomes for the business. But getting it wrong can have the opposite effect.
With all the focus on warehouse management systems, facilities might be neglecting the importance of managing the yard as well, says Colin Mansfield, vice president of Yard Management Solutions.
Nick Zabikow, senior director of sales for the Americas with HERE Technologies, explains the concept of private mapping, and how it helps shippers to customize their routing strategies.
Alan Minton, chief revenue officer with Banyan Technology, discusses shipment volume and price, environmental concerns, artificial intelligence and visibility.
Carriers and logistics service providers face age-old and huge challenges; not just in North America, but across the globe, says Steven Sykora, go-to-market director, Robert Bosch North America.