As part of our Trucking AMA series, we asked our panel of trucking insiders to share how they started their motor carrier businesses and offer advice for anyone interested in starting their own trucking company.
As another tumultuous year looms, supply chain and logistics teams are seeking ways to build robust transportation budgets that better position their businesses to adapt to more pandemic headwinds.
Supply chains faced unprecedented disruptions in 2020, but the pandemic provided fresh perspectives for 2021. Members of the Freight Market Intelligence Consortium (FMIC), a group of leading shippers who use DAT iQ for benchmarking, identified two key strategic trends.
Freight is fraught with uncertainties, but with more and more technology and data science entering the industry, artificial intelligence-assisted forecasting can now predict where prices are going with an ever-increasing level of clarity and accuracy.
Transportation procurement teams are tasked with finding a difficult balance on a daily basis: Maintain the highest level of service from your carriers at the best possible price.
This season is proving to be very different, with COVID-19 adding another layer of complexity to supply chains. And since many markets are already behaving like they do when hurricanes hit, shippers, brokers and carriers will need to communicate even more than usual.
The trucking industry is the engine that keeps the American economy moving. Unfortunately, that also makes transportation companies occasional targets for scammers that are looking to steal from a $700 billion industry. Luckily, there are measures that motor carriers, freight brokers and 3PLs can take to protect themselves
