Our industry’s cyclical pattern of tension and slack has become familiar to many of us. To understand whether demand for truckload capacity will be up or down in the coming year, it’s critical to watch the economy. With slower economic growth forecasted for 2019, we could expect a more historically normal level of truckload market […]
Just how collaborative are your internal departments? If you’re running into issues when one department makes a decision that unintentionally affects one or more aspects of your supply chain, your answer is probably along the lines of “not very.” And it may be holding back your transportation team’s effectiveness due to a lack of supply […]
Asking, “What’s the point of conducting regular procurement events?” is just like asking, “What’s the point of conducting routine car maintenance?” You could skip some maintenance, but you’d probably pay for it in the end. And the same goes for procurement events. Whether it’s your supply chain or your car, regular “maintenance” can keep things […]
Negotiating truckload rates has always been a key element to transportation relationships and budgeting—and it always will be. But lately, I’ve seen what feels like a trend: corporate procurement leaders either assuming control of truckload negotiations or partnering with transportation teams to conduct negotiations. Procurement professionals may not have transportation operations experience, so they may not […]
Part of my job is to watch transportation trends and help our customers prepare for what might happen next. So when three customers asked me the same question recently—was a capacity crisis coming with so many boxcars going out of service?—I immediately took steps to look into it. I called upon the CyBIZ Lab at […]