LTL Freight Rates on the Rise

Posted by PLS Admin October 28, 2014 at 11:00 AM

Less-than-truckload rates are on the rise. LTL carriers, Conway Freight, UPS and ABF Freight Systems, have recently announced general rate increases that will hit customers in the coming months. This is the second time this year that general rate increases were announced (Read our blog post about the April GRIs, LTL Freight Carriers announce General Rates Increases).

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Supply Chain Management Strategy: What a True Partner Should Do

Posted by PLS Admin October 23, 2014 at 5:30 PM

supply-chain-managementThe checklist below gives a brief overview of the factors that a true supply chain management partner should offer.

Supplier & Inventory Management
  • Keep service levels consistent with stocking levels
  • Provide real-time inventory visibility
  • Forecast demand accurately
  • Eliminate lost sales because products are out-of-stock
  • Provide control over inventory investments
  • Introduce speed and flexibility into the order process
  • Increase error-free deliveries
  • Reduce cost of transportation, warehousing, and distribution
  • Streamline purchasing process
  • Improve supplier collaboration

 

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LTL Freight: How to Avoid Surprise Fees

Posted by PLS Admin October 21, 2014 at 6:00 AM

Today’s ground transportation environment has seen the impact of not only a lackluster economy but also the effects of other factors leading to increased cost of Less-Than-Truckload common carrier transportation services. As a result, carriers are focused on margin retention and improvement and sacrificing market share by culling low margin business. We should expect to see increases in prices within the next few months as trucking companies ensure their prices are compensatory to the services they provide.

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LTL Freight Shippers: 6 Ways to Improve Attractiveness to Carriers

Posted by PLS Admin October 16, 2014 at 6:30 PM

We are in a market where LTL carriers continue to aggressively seek methods to improve their yield, reduce their operating ratios, and filter out poor performing business in their portfolios. As a result, shippers need to consistently differentiate themselves from the pack and improve their attractiveness to carriers.

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What Is The Value of a 3PL?

Posted by PLS Admin October 14, 2014 at 2:40 PM

As we all know the economy has not been the greatest in recent years and everyone has seen the effects of the recession. Therefore, companies that are willing to outsource their shipping needs to a 3PL can save a substantial amount of money on their freight cost.

No matter what the need of a company might be, 3PL’s have the ability to establish set pricing with a multitude of carriers in order to fit the needs of companies they work with.

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The Types of 3PLs… Defined

Posted by PLS Admin October 9, 2014 at 6:00 AM

A third party logistics (3PL) company is defined as an external supplier that performs all or part of a company’s supply chain management. Many 3PL’s offer a wide range of services that include inbound freight, outbound freight, freight consolidation, warehousing, distribution, and order fulfillment. Over the past few years, there has been a huge growth in 3PLs and this has been attributed to the need for companies to become leaner, reduce assets (including headcount) and focus on core business processes.

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Sustainable Freight Shipping

Posted by Brianne McCurley October 7, 2014 at 10:37 AM

Would you be willing to pay 5% higher prices for products ordered online if they are shipped sustainably? A recent survey titled “Need for Green or Need for Speed” Survey conducted by the consulting firm West Monroe Partners revealed that 54% of e-commerce consumers are willing to pay the extra money.

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Join the PLS Carrier Network Program

Posted by Brianne McCurley October 2, 2014 at 4:31 PM

Stay busy moving freight, not doing paperwork.

Carriers need to focus on hauling freight and less time with back-office busy work. Join the PLS carrier network program to ensure you have a streamlined back-office with consolidated billing. Every minute you spend searching for loads is wasted revenue. Our simple technology and high shipping demand will keep your fleet focused on generating revenue.

Our demand for freight shipments has never been greater. With new offices opening throughout the country, we need high-quality carriers to meet the increase in demand. When your fleet is moving freight, your business is making money. Keeping your fleet busy and your lanes full is our commitment to you.

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Preparing for the Truck Driver Demographic Change

Posted by Brianne McCurley September 30, 2014 at 12:15 PM

One of the most concerning factors behind the current and future driver shortage is the lack of young drivers. The Bureau of Labor Statistics says the average age of a truck driver today is 55 or older. The Baby Boomer generation is growing increasingly close to retirement and there are not enough drivers, especially young ones, to replace them.

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Collaboration Key to Finding Capacity

Posted by Brianne McCurley September 25, 2014 at 11:30 AM

Capacity issues are straining relationships between shippers and carriers. A rise in trucking demand, a shortage of drivers, government regulations, and shipping inefficiencies all play a role in the current shortage of capacity.

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