FreightCost

What is The Future of Freight?

The freight industry is rapidly evolving. Rising consumer expectations have had a ripple effect throughout the supply chain, driving the need for greater efficiency. Technology in warehouses, onboard trucks, and on smartphones is automating critical processes, improving visibility into the shipment lifecycle, and enabling faster decisions. Sustainability has become a part of every shipper’s triple bottom line.

In order to remain competitive and access consistent and reliable supply, smart shippers are streamlining their supply chains and creating more carrier-friendly processes.

6 Ways to Make Your Shipping Facilities More Carrier Friendly (And Why It Matters) - FreightWaves The trucking capacity crunch, driver shortage, and electronic logging device (ELD) mandate are working together to create a carrier’s market right now.

Supply chains have tended to lag behind other corporate divisions in sustainability because their operations require collaboration with many partners and visibility into those moving parts can be limited.

How supply chain partners can help drive the triple bottom line - FreightWaves Large corporations are more committed than ever to ambitious sustainability initiatives that they believe can simultaneously help the brand, company profitability, the environment, and the communities in which they operate.

The Trucking Freight Futures markets appear to have found their footing on Wednesday after falling off a cliff earlier this week.

Freight Futures daily curve: 5/7 - FreightWaves The Trucking Freight Futures markets found their footing on Wednesday after falling off a cliff earlier this week as the spot National contract rose a fraction to $1.358 per mile

The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) includes $2 trillion in economic stimulus funds. Included in the relief package is funding for state and local governments and industries hit hard by COVID-19, such as hospitals and airlines. But what's in it for carriers, brokers, and owner-operators?

What's in the stimulus bill for carriers, brokers, owner-operators? - DAT The $2 trillion CARES Act provides stimulus funds for both businesses and individuals. See what's in it for you.

Supply Chain Technology Allows for Fast, Data-Based Dispute Resolution

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Supply Chain Risk Management: Supply Chain Tech Aids Risk Management Modern technology is the cornerstone of successful supply chain risk management. Learn how new tech improves risk management processes across the industry.

First-quarter Likely Good for Trucking Companies🚛

Don’t expect future visibility when earnings season begins next week - FreightWaves While transportation industry participants have an abundance of questions loaded for management teams this earnings season, answers on the future will be tough to provide.

Will the economy suffer a major hit or bounce back quickly based on the trillions of dollars in stimulus money being awarded by the government?

Commentary: Asset-based trucking during and after the COVID-19 pandemic - FreightWaves What might a post COVID-19 world look like for financially viable carriers that have managed through the uncertainty? Nobody knows for sure, but here are some possibilities.

The volume surge in freight primarily as a result of restocking store shelves is continuing and has reached a significant milestone in a key supply/demand metric.

Surging trucking demand reaches a milestone: It’s better than ’19 - FreightWaves FreightWaves’ OTRI is now higher than it was a year ago

In the midst of the COVID-19 emergency, see the waiver to the Hours of Service Rule for commercial vehicle drivers transporting goods, and how it affects freighting.

It’s official: FMCSA waives HOS nationwide for COVID 19-related movement - FreightWaves The waiver will run through April 12 or the end of the emergency, whichever is first

In a times of crisis the government can suspend hours of service rules (logbooks) for truckers. It looks like the FMCSA is getting ready to do this on a federal level after numerous states already imposed their own suspensions. A suspensions of HOS rules in a time like this would not be for all drivers. Instead, it would be specific to those hauling loads of specific items. A move like this will help with restocking stores with essential items currently in high demand due do COVID-19.

BREAKING: FMCSA likely to grant Hours of Service waiver for all of the US - FreightWaves ATA says it expects a waiver. States are already granting them.

Lower Freight Costs With Often Overlooked Areas!

https://cerasis.com/lower-freight-costs/

Lower Freight Costs with These 6 Often Overlooked Areas These 6 often overlooked areas in your freight and transportation departments will allow you to lower freight costs in total.