Did you know that 33% of all medium and heavy duty commercial trucks on U.S. highways–or 2.9 million out of 8.8 million vehicles–are now outfitted with clean diesel engines? For heavy duty trucks, more than 95% are equipped with clean diesel engines. You’re probably thinking the same thing as we are: those are pretty impressive […]
For your company, the devil is in the hidden costs. A comprehensive logistics cost analysis is critical to finding those expenses that are not in line with the rest of your supply chain and expectations. This exercise is a crucial first step to implementing a cost management strategy for your supply chain. Let’s take a […]
Jobs are coming back to the trucking industry—and the demand for drivers is high. According to the Labor Department’s June 4th report, for-hire trucking added 1,500 new jobs in May. In total, there are 1.4 million workers now employed in the trucking sector, which is up 1.6% (22,400 jobs) from last year. From 2010, the […]
When it comes to truck cargo thefts for this rolling quarter, there’s good news—and then there’s bad news. According to FreightWatch, 178 thefts took place between February and April, a 25% decrease from the previous rolling quarter (this is excellent news). However, each theft averaged a loss value per incident of $245,101—a 98% increase from […]
It’s no secret that we live in a world ruled by technology, and the supply chain industry is no exception. Technology has become a crutch in our everyday lives; we rely on it for an abundance of reasons ranging from communication to productivity. While society utilizes mobile applications to assist in everyday activities, businesses are […]
It’s no secret that the logistics industry runs tight schedules. Ninety percent of shipping companies operate with six or fewer trucks, placing incredible strain on resources. And the larger truck companies are certainly not exempt from the stress, often aiming to cover even more ground under intense scrutiny. It is this scrutiny that has, for […]
Despite mounting evidence indicating the risks, the notion of getting adequate sleep continues to be waved off. It’s similar to what we see with driving and texting, and guilty parties all say the same thing: “I’m fine; I got it,” blithely assuming he or she is above the proven science. Truck drivers frequently drive through […]
Your warehouse inventory is a considerable and visible asset for your company, and it’s possibly also the most valuable item on your balance sheet. There is often pressure on supply chain managers to shrink excessive levels, resulting in reductions that aren’t carefully evaluated in advance. Diminished inventory can have a significant impact on your entire […]
Increasingly intense competition throughout the globe has resulted in more retail and manufacturing companies considering outsourcing their logistics operations instead of the keeping them in-house. Logistics outsourcing through a third-party logistics provider (3PL) is an effective business strategy that enables an enterprise to hand over non-essential functions to a third party, enabling them to focus […]
When you’re in charge of arranging trucking services to move cargo for your company, it’s crucial that you find the most cost-effective and efficient ways to get the job done. It’s wise to carefully collaborate with all segments of the supply chain in order to increase productivity and keep expenses low. Your carriers have a […]
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