Reinventing Freight Procurement

Why shorter bid processes will soon be the norm

While annual RFPs are still considered an industry standard, shippers are becoming less enthralled with these yearlong commitments. Volatile freight markets — like those seen since the beginning of the coronavirus pandemic — highlight the risks of long contracts. At the same time, high-tech solutions designed to make the bid process cheaper, easier and quicker are entering the market. 

The freight market has proved incredibly unstable over the past two years, with capacity constraints driving...

https://www.freightwaves.com/news/why-shorter-bid-processes-will-soon-be-the-norm

Produce season pushes shippers to reevaluate rates, contracts

Temperatures are rising steadily throughout the Southeast, and that can only mean one thing: produce season. As farmers prepare for harvest, shippers should ready themselves for the seasonal rate increases and capacity shortages that accompany fresh fruits and veggies each year.. This year that means preparing for prices to continue climbing and continued strained capacity. 

“Generally, we will notice capacity tightening as we see seasonal, higher-paying loads increase. We usually recognize this...

https://www.freightwaves.com/news/produce-season-pushes-shippers-to-reevaluate-rates-contracts

Doing well and doing good: Sustainability and profitability go hand in hand

Sustainability has become one of the hottest topics across the logistics industry. Companies are taking a variety of approaches to cleaning up their supply chains — from purchasing electric trucks and investing in automation to reimagining packaging and paperwork processes. In addition to more specific eco-conscious changes, many companies are helping the planet by simply making their operations more efficient, therefore cutting down on waste and empty miles.

The push for greener transportation...

https://www.freightwaves.com/news/doing-well-and-doing-good-sustainability-and-profitability-go-hand-in-hand

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