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Think Tank
LTL/Truckload Services: Page 232
Raymond Inks Marketing Deal With I.D. Systems for Wireless Asset Management
Is It Smooth Sailing and Clear Skies for Ocean and Air Cargo?
These competitive modes have at least two things in common: Each took a drubbing in the past year or so, and each is cautiously optimistic that things are looking up.
Logistics Is Strategic Resource in Georgia
The Georgia Center of Innovation for Logistics is unique in that it is a state-led and state-funded organization, created to foster logistics as a strategic resource for fueling competitiveness and economic development in the state. The Center is hosted by the Georgia Institute of Technology.
Analyzing Profitability for Motor Carriers
Activity-based costing (ABC) enables motor carriers to analyze different segments of their business for profitability, says Ken Manning, president of Transportation Costing Group. But pinning profitability down precisely can be very difficult in an industry where daily changes in the weather or road conditions or traffic congestion can push a shipment into the red.
An Optimistic Outlook for the Truckload Sector
Truckload motor carriers see demand picking up and are optimistic that 2010 will mark a strong recovery for the sector, says Kevin Burch, chairman of the Truckload Carriers Association and president of Jet Express.
The ABC's of Transportation Costing
Activity-based costing (ABC) is an important financial tool for trucking companies, says Paul Dugent, vice president of pricing and traffic at Estes Express Lines. The cost elements allocated to customers through ABC are used to help determine the price of services, though pricing "is more art than science."
Inttra Hosts Its First Ocean Freight Electronic Invoice
LSPs Fill the Service Gap in a Down Economy
Shippers are looking to turn over responsibility for logistics, and third parties are happy to oblige. But are they ready for what 2010 will bring?
IT Becomes More Strategic for Truckers
Trucking companies today are taking a more strategic view of information technology, says Ben Wiesen, vice president-products at Carrier Logistics.
How to Conduct a Successful Carrier Bid
Soliciting, analyzing and awarding transportation contracts through a bid process is a complex process. To get the best outcome, transportation buyers need to conduct a thorough opportunity assessment and make sure they have the infrastructure and framework in place to effectively manage the bidding process, says Art Nourot, senior director of carrier procurement at Unyson Logistics.
Is Trucking Ready for Reality-based Pricing?
Mileage-based rates within the trucking industry typically are not calculated using actual miles driven. Instead, they generally are based on historical zone-to-zone mileage or on the standard shortest possible route between two points. That's known as "practical routing," explains Craig Fiander, vice president of marketing at ALK Technologies, which provides mileage mapping software.
There Are No More Traditional LTLs
The operations of less-than-truckload carries have changed so dramatically in the last two decades that they bear little resemblance to the traditional LTL model that was prevalent for decades, says Brad Morris, vice president of marketing at AAA Cooper, a regional LTL carrier operating in the Southeast.
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