Four Things to Expect in 2018

Posted by PLS Logistics January 2, 2018 at 7:30 AM

We are officially into 2018, the year of opportunity and change. 2017 laid out the foundations for what is to come. In today’s blog, we break down what you can expect to see throughout the year in the realm of logistics and transportation. It’s going to be quite the busy year!

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How to Negotiate With Market Rate Increases

Posted by PLS Logistics October 12, 2017 at 7:40 AM

It’s no secret that rates are increasing and could continue well into 2018. Both spot rates and contract rates are spiking.

The looming electronic logging device mandate (ELD) is expected to decrease capacity by as much as 20%. Not to mention, as the economy grows – the shortage of drivers continues to grow, causing capacity to remain tight.

So, rates are going up. Now that we’re in Q4 of 2017, many 2018 contracts are up for negotiation. How can you secure a good rate?

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Why Are Rates Skyrocketing?

Posted by PLS Logistics October 3, 2017 at 7:40 AM

Anyone connected with transportation is well aware of the latest market trends and conditions. We have been witnessing a steady increase in truckload rates lately. Experts predict this is only the beginning and spot market rates will keep climbing in the foreseeable future. Capacity is tighter than ever and its load to truck ratio in September is breaking the records.

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LTL Quotes for Beginners

Posted by PLS Logistics September 5, 2017 at 8:58 AM

We have covered the benefits of LTL shipping in a few previous blog posts – now it’s time to get down to practice! Here you are with a few pallets you are planning to ship as less-than-truckload, but you have never quoted any LTL loads before – where should you start?

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Perks of Using a 3PL for your LTL Shipments

Posted by PLS Logistics August 31, 2017 at 7:50 AM

LTL, or Less-then-Truckload, is quite popular across the board nowadays. If there is no rush -  there is no reason to pay for the whole truck to ship just a few pallets. This is where LTL comes in handy.

It might seem easier to handle your LTL shipments directly through the LTL carrier, cutting out the middle-man – a 3PL. But is it really the case? Let’s look at a few benefits of shipping your LTL freight through a 3PL.

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Market Update: Secure Capacity with These 3 Tips

Posted by PLS Logistics March 14, 2017 at 9:03 AM

Shippers are expecting higher rates and less capacity this year, so many are trying to lock in contract rates and secure trucks before the spike. Carriers have been hammered by low fuel prices, strict regulations, and rising equipment costs.

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Shippers: Don't Believe These 4 Myths about TMS Software

Posted by PLS Logistics October 26, 2016 at 10:00 AM


  1. A software as a service (SaaS) transportation management system (TMS) solution doesn’t add value, is expensive, and doesn’t present ROI for years.
  • A TMS sanctions effective and fast decision making. It has a customizable interface, streamlines operations, reduces carrier overhead charges, optimizes routes, and has track and trace features.
  • A TMS identifies supply chain pain points and logistics challenges that might have been disregarded.
  • The SaaS model of TMS software requires little to no IT or monetary investment, unlike traditional software. SaaS solutions don’t require costly upgrades. With a SaaS solution, the shipper’s organization pays for what is used.
  • Implementing a TMS creates immediate ROI because it takes away the manual processes. A TMS enables better processes, delivering better customer service at a lower cost. In a 2011 ARC Advisory group survey, 40% of respondents felt that TMS software offers a strong ROI, and that if they were to give up their TMS and go back to manual processes, their total freight spend would increase.

 

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The 3 Most Popular Uses of TMS Technology

Posted by PLS Logistics October 4, 2016 at 4:10 PM

Supply chains are increasingly complex, and companies who leverage technology find competitive rates, enhanced operations, greater flexibility, and cost reductions. Logistics providers continue to work in order to provide added value to their client’s supply chain processes. Successful 3PL relationships include committed and ongoing value through technology -- access to historical and real-time reports can be used to make data-driven decisions that enable lasting results.

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Market Update: LTL Volume Down but Prices Stay Firm

Posted by PLS Logistics September 8, 2016 at 8:00 AM

The less-than-truckload (LTL) market is adjusting to a soft freight environment, triggering less volume, revenue and profits. As the U.S. freight economy weakened, LTL carriers saw a slip in revenue year-over-year. To date, the only large LTL carrier that hasn’t reported a decline in revenue is FedEx.

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Market Update: 9 Factors Determining the Rise in Transportation Rates

Posted by PLS Logistics August 17, 2016 at 11:30 AM

Freight shippers are enjoying a buyer’s market at the moment. There’s widespread overcapacity in the trucking industry, forcing carriers to lower prices in an attempt to keep their trucks full. For now, shippers can find low transportation rates relatively easily.

As with any cyclical industry, this will all change. Soon, carriers will be dictating rates and shippers will be competing for trailer space, paying much more for transportation than they are right now.

Why is this happening? And when can shippers expect to pay higher rates?

There are 9 major factors that will determine the severity and timing of the rate hikes.

Operating Costs

  1. When energy prices rebound, it will increase operating costs for trucking companies. In response, they will have to increase fuel surcharges to cover their expenses. Carriers make more profit from fuel surcharges when fuel costs are high, so the surcharge increase won’t be proportional.

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