3PL Summit: How to differentiate logistics providers

CEO Lee Salz talks about 3PL sales differentiation.

This fireside chat recap is from FreightWaves’ 3PL Summit

FIRESIDE CHAT TOPIC: How 3PLs can differentiate themselves

DETAILS: Creating differentiation for your 3PL is the key to success and growth. How do you achieve differentiation when your services are almost identical to thousands of others? Most of the time it’s not what you sell but how you sell and position your services that creates the differentiation needed to thrive in freight sales.

SPEAKER: Lee Salz, author of “Sales...

https://www.freightwaves.com/news/3pl-summit-how-to-differentiate-logistics-providers

FreightWaves Haul of Fame: Longistics International, LLC

A Longistics tractor-trailer on the way to deliver a load. (Photo: Jim Allen/FreightWaves)

Longistics was founded by Duane and Pat Long in 1984, but their love affair with the industry began several years before. In May 1977, the two attended National Transportation Week. They met at the conference and fell in love with each other and the trucking industry simultaneously. 

Duane Long is the co-founder and Chairman of the company, which is a full-service provider of global logistics solutions headquartered in Raleigh, North Carolina. Longistics provides trucking, warehousing and...

https://s29755.pcdn.co/news/freightwaves-haul-of-fame-longistics-international-llc

FreightWaves acquires ELD Ratings; relaunches as FreightWaves Ratings

A page view from the new FreightWaves Ratings site.

FreightWaves announces the acquisition of ELD Ratings and a rebranding of the site as FreightWaves Ratings. FreightWaves Ratings is a consumer-driven review/rating site of commercial products for the freight industry. Reviews are written by in-house experts while ratings are user-generated by industry professionals who have purchased and are using the products. 

“FreightWaves Ratings cuts through the noise of freight technology product reviews and specification comparisons to make you a smarter...

https://s29755.pcdn.co/news/freightwaves-acquires-eld-ratings-relaunches-as-freightwaves-ratings

Ongoing emergence of eCommerce brings logistics opportunities for U-Freight

Ongoing emergence of eCommerce brings logistics opportunities for U-Freight
U-Freight’s EFC in Penang is equipped with the necessary hardware for storing and order processing, plus the associated software that is required for system integration and end-to-end data transparency.

The head of the U-Freight Group says he welcomes reports that the changes in demand patterns associated with the ongoing emergence of eCommerce, is also driving development in merchandising, warehousing, and distribution...

https://allaboutshipping.co.uk/2021/03/22/ongoing-emergence-of-ecommerce-brings-logistics-opportunities-for-u-freight/

Truckload brokerage margins in Q4 lowest in 2 years: TIA

Brokerage margins for volumes that 3PLs handled in the fourth quarter may have been the highest in years when measured in dollars, but the gross margin for those shipments was well below the prior quarter and the corresponding quarter a year ago.

The quarterly report of the Transportation Intermediates Association showed a gross margin for truckload of 11.4% for the quarter on an average invoice per load of $1,997. In a chart released as part of its quarterly report, the TIA data shows that the...

https://s29755.pcdn.co/news/truckload-brokerage-margins-in-q4-lowest-in-2-years-tia

What is Drayage in Shipping?

Drayage

One term that often evokes confused looks among people in the logistics and shipping field is the term drayage. This is because it is often replaced by words such as inland freight, inland haulage, etc. by users.

Let us take a look at what drayage is, in shipping.

Drayage is an important step in shipping containers by intermodal freight. Drayage means overland transport of goods over a short distance.

Drayage is used for the short-distance movement of cargo that has its main leg of the journey by...

https://www.marineinsight.com/maritime-law/what-is-drayage-in-shipping/

Hear from WHO, Novavax, UNICEF, Gavi, UPS Healthcare, Aramex & more around vaccine logistics

Hear from WHO, Novavax, UNICEF, Gavi, UPS Healthcare, Aramex & more around vaccine logistics

VISIT WEBSITE REGISTER FOR FREE

The HOPE Consortium invites you to join for an exclusive 3D virtual event facilitating open dialogue around the logistical challenges of global vaccine distribution.

Speakes Include:
H.E. Abdullah Bin Mohammed Al Hamed
ChairmanDepartment of Health –Abu Dhabi

H.E. Falah Mohammed Al Ahbabi Chairman Abu Dhabi Ports

Nadhim Zahawi MP
Parliamentary Under Secretary of State and...

https://allaboutshipping.co.uk/2021/03/21/hear-from-who-novavax-unicef-gavi-ups-healthcare-aramex-more-around-vaccine-logistics/

Walmart retools Dallas store into fulfillment center

Walmart Inc. (NYSE: WMT) is converting one of its Dallas stores into a Market Fulfillment Center for online pickup orders as the retail giant seeks faster ways to serve customers.

It will be Walmart’s first Market Fulfillment Center in Texas and only the third in the U.S., Walmart spokesman Charles Crowson told FreightWaves. 

The aim of the new facility — in north Dallas at 13739 N. Central Expressway — is to allow more customers quicker access to general merchandise and fresh groceries. 

“It is...

https://s29755.pcdn.co/news/walmart-retools-dallas-store-into-fulfillment-center

XPO announces logistics spinoff GXO

XPO Logistics Inc. (NYSE:XPO), on Thursday introduced its planned spinoff, GXO Logistics Inc. 

XPO announced that it has filed a confidential initial Form 10 with the U.S Securities and Exchange Commission for the stand-alone, with expectation for board approval in the second half of 2021.

“Today, we took an exciting step forward on our path to spinning off our logistics segment. The new company is called GXO — three letters that stand for the game-changing opportunities we’re bringing to the...

https://www.freightwaves.com/news/xpo-announces-logistics-spinoff-gxo

FreightWaves Haul of Fame: Tipping the hat to the Irish!

The O'Brien twins are the

In honor of St. Patrick’s Day, this chapter of the FreightWaves Haul of Fame features short profiles of five companies that are reminiscent of Ireland.

Wear the green, and drink a drop of green beer! Sláinte (Irish for “cheers” and “good health”).

Part of the Ireland Trucking fleet in good order! (Photo: Ireland Trucking)

Ireland Trucking

“Log hauling is our business” is found at the top left corner of Ireland Trucking’s website. The company was founded in 1946 and is one of the largest privately...

https://www.freightwaves.com/news/freightwaves-haul-of-fame-tipping-the-hat-to-the-irish

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