DSC2022

Companies rethinking their acquisition strategies

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: M&A activity in 2022 and an outlook for ’23.

DETAILS: The plunge in spot rates this year didn’t put the brakes on mergers and acquisition activity. Spencer Tenney, president and CEO of Tenney Group, explains how larger players are rethinking their acquisition strategies.

KEY QUOTES FROM SPENCER TENNEY:

On how M&A activity did not slow down this past year: “It’s almost like all of the...

https://www.freightwaves.com/news/companies-rethinking-their-acquisition-strategies

Extreme volatility requires rethink of cost-plus pricing model, Transfix executive says

The near-unprecedented volatility in truckload pricing over the past 30 months requires shippers, carriers and brokers to rethink how rates should be structured to properly balance price and service, the chief product officer of technology provider Transfix said Wednesday.

Speaking at FreightWaves’ Domestic Supply Chain Summit, Tony Tzeng said the legacy cost-plus carrier pricing model — which shippers said made them feel like they were writing a blank check to their providers — no longer works...

https://www.freightwaves.com/news/extreme-volatility-requires-rethink-of-cost-plus-pricing-model-transfix-executive-says

E-booking platforms take freight rate management to next level

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: The benefits of using an electronic marketplace for booking air and truck moves in an increasingly volatile supply chain world.

DETAILS: 7LFreight CEO Brennan O’Dowd discusses the company’s integration with Freightos, how its LTL-focused rate management fits with the parent company’s air and ocean booking platform, and how the ability to book loads through a central platform makes...

https://www.freightwaves.com/news/stronge-booking-platforms-take-freight-rate-management-to-next-levelstrong

Crafting RFPs carriers want to bid on

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: Crafting RFPs that carriers want to bid on.

DETAILS: RFPs have become a hot topic among shippers, more so now with loosening market conditions. David Stone, senior director of customer logistics at Ryder, shares the best tips for shippers in regard to managing and conducting effective RFPs.

KEY QUOTES FROM DAVID STONE:

“RFP season kicks into high gear come Q1 of next year. Well, in order...

https://www.freightwaves.com/news/crafting-rfps-carriers-want-to-bid-on

Wrestling with proposed DOL rule on independent contractors

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: Wrestling with the proposed DOL rule on independent contractors.

DETAILS: The Biden administration has proposed a rule seeking to define when a worker is an employee versus an independent contractor. The Department of Labor’s Wage and Hour Division would look to the rule for guidance when it handles a dispute, but companies that regularly use workers who are now considered independent...

https://www.freightwaves.com/news/dsc-chat-wrestling-with-proposed-dol-rule-on-independent-contractors

COVID put spotlight on FreightTech — and interest is still there

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: The staying power of venture capital for FreightTech.

DETAILS: Venture capital providers are tightening their focus. Natan Ruddy, an investor in Ironspring Ventures, explains why VCs remain interested in FreightTech companies, despite the tougher funding environment.

KEY QUOTES FROM NATAN RUDDY:

On VC interest in supply chain tech during the pandemic: “I think there was a noticeable...

https://www.freightwaves.com/news/covid-put-spotlight-on-freighttech-and-interest-is-still-there

Wayfair logistics leader: Communication with carriers key amid supply chain uncertainty

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This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE...

https://www.freightwaves.com/news/wayfair-logistics-leader-communication-with-carriers-key-amid-supply-chain-uncertainty

Supply chain risk, not economics, now driving reshoring interest

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday.

FIRESIDE CHAT TOPIC: Reshoring as the next major strategic initiative.

DETAILS: A discussion with Rosemary Coates, executive director and chairman at the Reshoring Institute, about how companies are looking to navigate supply chain risks through reshoring.

KEY QUOTES FROM ROSEMARY COATES:

On how supply chain bottlenecks changed the thinking around reshoring: “Prior to the pandemic most of the projects that we...

https://www.freightwaves.com/news/supply-chain-risk-now-driving-reshoring-interest

Repeated routes reduce driver dwell time at shippers, MIT researcher says

Regularly sending the same driver to the same shipper reduces the dreaded dwell time for freight loading and unloading, a Massachusetts Institute of Technology researcher says.

“The amount of dwell that we expect a driver to experience at a facility drops almost exponentially with repeated visits to that facility,” David Correll, a lecturer and research scientist at the MIT Center for Transportation and Logistics, said Wednesday during a keynote at FreightWaves’ Domestic Supply Chain Summit. 

“The...

https://www.freightwaves.com/news/repeated-routes-reduce-driver-dwell-time-at-shippers-mit-researcher-says

Addressing data fragmentation can lead to actionable solutions

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: Connected fleet: Today’s capabilities and tomorrow’s opportunities

DETAILS: Rob Pluta, Ryder System’s vice president of new products and chief technology officer, sits down with Stephanie Voelker, Geotab’s vice president of customer care, to discuss connected vehicles and fleet offerings, industry insights, and how Geotab is taking a holistic approach toward the evolution of technology...

https://www.freightwaves.com/news/addressing-data-fragmentation-can-lead-to-actionable-solutions

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