Emerge

Contract rates: What kind of RFP makes sense in 2022

Raging market instability over the past couple of years has put pressure on shippers like never before. Companies have been faced with severely strained capacity, record high rates and perpetual port backups. These headwinds have made it difficult for shippers to navigate relationships with their carrier partners while weighing the importance of their own bottom lines against ultimate end consumer satisfaction ratings. 

As shippers have worked to navigate this difficult landscape, many are...

https://www.freightwaves.com/news/contract-rates-what-kind-of-rfp-makes-sense-in-2022

Industry veteran McEntire joins Emerge’s quest to reinvent procurement

Procurement and logistics platform Emerge announced Tuesday it has named supply chain veteran Mark McEntire as the company’s senior vice president of operations.

McEntire has more than 35 years of industry experience, working as a fleet and project manager at J.B. Hunt Transport, followed by over 10 years as general manager of trucking leasing company Penske Logistics and then various executive positions during 17 years at Transplace.

J.B. Hunt, Penske and Transplace all “have been pioneers and...

https://www.freightwaves.com/news/industry-veteran-mcentire-joins-emerges-quest-to-reinvent-procurement

Old-school RFP processes are keeping shippers in the past

Historically, the RFP process has been laborious, expensive and exclusive. Shippers have aimed to work with as few carriers and brokers as possible while locking in rates on an annual basis. Over the past couple of years, market shifts and capacity constraints have illuminated the flaws in this unsustainable process. 

“For many years, if you talked to shippers, their whole goal was to limit the amount of carriers that had access to them. If a shipper could use one carrier for everything, they...

https://www.freightwaves.com/news/old-school-rfp-processes-are-keeping-shippers-in-the-past

Safeguarding shipper-carrier relationships throughout negotiations

Rate negotiations can be tense, especially in an unpredictable market. When negotiations go sour, shippers and carriers alike are forced to navigate stressed relationships on top of all the other industry headwinds both parties contend with on a daily basis. In a relationship-oriented industry like logistics, this can become a serious problem.

Strained capacity, strong volumes and surging rates have characterized the freight market for well over a year now. Major headwinds — including increased...

https://www.freightwaves.com/news/safeguarding-shipper-carrier-relationships-throughout-negotiations

Year in review: Outlining rise of FreightTech standout

LMI above 70% for nine straight months

This year has proven challenging for companies across the logistics industry. Elevated rates and constrained capacity have stressed shippers and brokers, while equipment delays and driver shortages have made it difficult for carriers to navigate surging demand. Changing consumer behaviors — including the swift rise in online shopping — have affected companies across the board. 

The ongoing coronavirus pandemic has either caused or exacerbated all of today’s industry headwinds. Over the past...

https://www.freightwaves.com/news/year-in-review-outlining-rise-of-freighttech-standout

Emerge partners with EDRAY to ease drayage pain points

Freight procurement platform Emerge on Tuesday announced it is partnering with EDRAY to offer its global shipping customers access to drayage solutions.

EDRAY received a $7 million investment in July from Emerge founder and CEO Andrew Leto, who was attracted to the company’s unique way of consolidating global shipments and its use of flow stacking, a process that coordinates a number of incoming port pickups so that all cargo is stowed together, making for an easier unloading process, which can...

https://www.freightwaves.com/news/emerge-partners-with-edray-to-ease-drayage-pain-points

How carriers can keep their fleets running into 2022

This year has been characterized by severely strained capacity and historically high rates. This environment has caused some stress for carriers, highlighting ongoing issues such as the driver shortage and new truck backlogs. It has also given carriers the opportunity to keep their trucks loaded around the clock and cash in big for an extended period of time. Now, carriers should start planning ahead for potential market turns in 2022.

Seasonal surges typically affect various sectors at...

https://www.freightwaves.com/news/how-carriers-can-keep-their-fleets-running-into-2022

Traditional RFPs are dying

The conventional request for proposal (RFP) process is notoriously tedious, expensive and antiquated. After a year characterized by strained capacity, sky-high rates and surging e-commerce sales, it is also dying.

Traditionally, RFPs are administered via email and Excel spreadsheets. The process involves a lot of manual labor and can be extremely time consuming, which makes it especially difficult to execute during extreme market conditions like those seen in 2021. 

“There’s a perception of...

https://www.freightwaves.com/news/traditional-rfps-are-dying

DHL Supply Chain partners with Emerge for spot market offering

Global logistics provider DHL Supply Chain announced last week it had integrated with digital freight marketplace Emerge’s Spot Marketplace platform to provide its customers with live spot market coverage through its Lead Logistics Provider (LLP) Control Tower and transportation management system.

Jim Monkmeyer, president of transportation for DHL Supply Chain North America, told FreightWaves the company’s LLP Control Tower and TMS provide customers access to its network of carriers to procure...

https://www.freightwaves.com/news/dhl-supply-chain-partners-with-emerge-for-spot-market-offering

F3 demos: FreightTech provides competitive advantage

Logistics technologies demonstrated their products during F3.

FreightTech companies demonstrated their innovative technology solutions for fleets during FreightWaves’ F3 Virtual Experience Wednesday. These demos show how to streamline various logistics activities.

Stratusgrid

Third parties can retrieve actionable insights using custom applications. Users can view available loads and easily submit quotes from the main page.

Check out the demo to find out how this technology can help your business stay competitive.

Trucker Tools

Trucker Tools provides real-time...

https://www.freightwaves.com/news/f3-demos-freighttech-provides-competitive-advantage

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