Expect shipper-carrier relations in 2009 to take a more shipper-centric shape with the shippers dictating the terms. While this is probably not the best long-term strategy, short-term cost pressures will drive many shippers to behave as if this is 1999 and not 2009.
In June 2008, ARC Advisory Group conducted a web survey of 16 leading transportation management systems vendors to obtain their views on growth opportunities and market conditions. Almost 70 percent said their year-to-date sales and pipelines were larger than in 2007. This is not surprising when you consider the record fuel prices customers were dealing with at the start of the year (fuel prices had risen about 50 percent in less than a year). This led many companies to focus on transportation spend management, which led to continued investments in TMS. Then the economy stumbled.
The focus on collaboration and visibility across internal and external departments has clearly provided the Best-in-Class transportation companies with the flexibility and agility necessary to overcome the rising costs in fuel and other shipping costs.
The latest news, analysis, trends and solutions regarding transportation management systems (TMS) and their impact on supply chain management. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and transportation management is critical in the overall supply chain. New technologies are optimizing productivity, increasing efficiency and cutting costs. Learn how companies around the world are improving supply chain operations through their strategic use of transportation management systems and software.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.