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Stay ahead of the latest trends in logistics and transportation

PLS Logistics is partners with a consumer goods manufacturer which has multiple locations. The client sells products to major retailers such as Walmart, Ace Hardware and Lowe’s. The company’s annual freight spend is a few million dollars.
Operating costs are rising for LTL carriers due to a number of factors – the driver shortage, rising pay, and aging equipment. Spot market and contract rates have both risen to compensate for these extra costs, however, contract rates rose higher than spot market rates and remain higher. Knowing how to get and negotiate the lower LTL freight rates is important if you want to save costs.
Lean supply chains gained popularity in the manufacturing sector because substantial improvements can be made to eliminate waste and non-value added activity. Today, a lean supply chain refers to best-in-class supply chain execution; a process that produces what’s needed, when it’s needed, and where it’s needed with minimal waste in time or capital. In addition, lean strategies work for businesses who want to simplify and improve operational processes.
Implementing transportation management software (TMS) can be a long and difficult process for some companies. Shippers usually choose software that will provide them with the fastest ROI, but this may not be the best answer long-term. Most shippers overlook one crucial area of TMS implementation: carrier connectivity. Because of this, shippers are prone to make some TMS mistakes.
Here’s a look at news stories from the supply chain, logistics and transportation industries from November 2015: Bigger Trucks Shot Down. After a long battle, the call for increased truck size was shot down by the House. However, the motion only denies language about bigger trucks in the highway bill, they could still become a reality someday.
As the New Year approaches, the logistics industry can look forward to advances. New technology continues to develop, supply chains will be even more influenced by consumers, and shipping costs will increase. Logistics operations have changed dramatically in the last few years and 2016 will bring even more changes.
It has been another tough year for consumer packaged goods (CPG) shippers. In 2015, CPG shippers were hurt by the same trends that affected the industry last year, despite increased efforts to cut logistics costs and improve service. Data collected from 2014 sheds light on what affected CPG shippers in 2015. Here are 5 trends that continue to affect consumer packaged goods shippers:
Technology has made supply chains and transportation more competitive, more convenient and more profitable. Technology’s biggest gain for shippers is actionable data. Shippers who examine transportation data develop strong operative initiatives, identify inefficiencies and improve inventory management.
The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. One major obstacle facing retailers: the rising number of e-commerce returns.
This year has been less stressful for shippers compared to the strong customer demand and tight capacity of 2014. But, the situation is about to change. A recent market overview by the Journal of Commerce shows that both contract and spot market truck rates will increase.
A national, high-quality steel manufacturer was experiencing difficulty within its supply chain because of a limited scope and sole focus on outbound management. The company wanted to remain focused on their core competencies, but its transportation needs were taking up too much time and effort.
The process of outsourcing logistics management involves a lot of trust and a costly investment for both parties. Although 3PLs find new ways to provide value for clients, many shippers are not ready to initiate strategic and long-term relationships that require deeper implementation.
What should a shipper know about intermodal transportation before utilizing it? What are the challenges and peculiarities of this transport mode? In this quick guide, you will find basic intermodal information that may come in handy.
If you are lucky enough to avoid cargo theft issues in your transportation activities, you should still be prepared to face it. Cargo theft is one of the 5 main causes of freight claims, as research shows. According to FreightWatch International (FWI), the risk of cargo theft will increase this year, compared to 2014. Cargo theft prevention and recovery network, CargoNet, reported that almost 90 million dollars in cargo was stolen last year

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