Breaking data silos: 2-step strategy to optimize transportation
Data silos are a natural occurring phenomenon in business. They exist whenever departments use different systems and have unique reporting
How business expansion can affect your transportation budget
Expanding your product line or adding new customers are classic ways to grow your business. But that growth also creates
How General Mills incorporated freight mini-bids for a more agile supply chain
General Mills has adopted shorter contracts and freight mini bids to handle increased demand during the pandemic. In the past,
4 trigger events for transportation mini-bids
Transportation mini-bids have grown in popularity in recent years. With sophisticated data analytics, these continuous procurement strategies are easier to
Rise of the Mini-Bid: How transportation procurement is changing
Mini-bids have been around for decades, but transportation procurement teams have used them more and more in recent years. The
The diseconomies of scale in truckload freight
Procuring truckload capacity is unique compared to other commodities, which adds challenges to creating a successful transportation budget. With most
What are transportation mini-bids?
In the volatile truckload freight marketplace, transportation costs can change rapidly. And when the spot market surges, like we’ve seen
Freight Forecasting: How to account for every variable
Without a deep well of data, forecasting falls apart immediately. For example, in the transportation industry, some models attempt to
How Valentine’s Day freight can be a thorn in the side of some carriers
On Feb. 14, sweethearts of all ages will exchange cards, flowers, candy and gifts in the name of St. Valentine.
4 keys to forecasting accurate, reliable freight rates
In pricing, there’s a “zone of indifference,” which is the range of price points where the buyer will not change
J.B. Hunt 360: Digital freight brokerage transforms trucking giant
J.B. Hunt’s Shelley Simpson discusses the company’s journey from carrier to asset-based brokerage — along with its development of the
Van rates drop as more Americans shelter at home
Demand for dry van equipment continued to slide last week, along with rates. We saw it coming, as load-to-truck ratios