When Will Freight Market Conditions Improve?
Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.
What's That? Supply Chain Crisis
Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.
April 10, 2024What's That? Supply Chain Resilience
Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.
April 10, 2024NMFTA Establishes New LTL eBOL Standards
The National Motor Freight Traffic Association announced an update to its electronic bill of lading standards March 26 to help digitize less-than-truckload shipping.
What's That? 4PL
Fourth-party logistics, also known as 4PL, is an operational model in which a business outsources its entire supply chain management and logistics to one external service provider. This partner oversees the supply chain, including the evaluation, design, construction, implementation, and measurement of the client's solutions.
April 1, 2024What's That? Logistics
Logistics refers to the transportation and storage of goods within a supply chain. For example, freight brokers who coordinate with a carrier to move a company’s goods are performing a logistics service.
April 1, 2024Supply Chain Visibility Now Paramount Post-Pandemic
While the logistics challenges and inventory shortages caused by the COVID-19 pandemic have since faded, that time of upheaval has brought lasting changes to supply chain management.
Senators Introduce TSA Clearance Bill
Legislation meant to expedite commercial drivers’ applications for security credentials was recently introduced by a bipartisan group of senators.
Virginia, USDA Offer $6.3M in Cold Storage-Related Grants
Virginia has partnered with the U.S. Department of Agriculture to offer $6.3 million in supply chain grants to expand transportation options and increase cold storage and flash-freezing facilities.
Seroka Applauds Administration’s Investment in Supply Chain
Port of Los Angeles Executive Director Eugene Seroka says the nation's ports are getting the money they need to remain competitive with global facilities that are also undergoing upgrades.