The Logistical Lowdown

Compliments of your True Blue Logistics Crew

placeholder_200x200

Transportation Economics- What's Causing the Supply Shortage

Posted by Brent McDade on 11/24/20 7:00 AM

Economics seems so easy…supply and demand. As demand goes up, supply reacts accordingly – either supply remains unchanged, but higher prices and longer waits satisfy the demand or increase the supply to satisfy the demand while keeping prices unchanged. But like most things in life, there are many layers to peel back to understand the reasoning behind supply and demand changes. 

Read More

Topics: Transportation

Top Ways to Stay in Control of Your 3PL Partnership

Posted by Carl Maslowski on 11/17/20 7:00 AM

When you’re outsourcing key logistics functions to a third-party logistics provider (3PL), it’s important to have a system in place to track and measure their performance. Whether they’re managing your warehousing, transportation, or entire supply chain from end to end, your company needs a 3PL that can keep up with your supply chain demands.

Read More

Topics: 3PL

Why Flexibility in a Warehousing 3PL Partner is so Important

Posted by Eddie Sink on 11/11/20 8:12 AM

Third-party logistics providers (3PLs) can cover a wide variety of core warehousing services from fulfillment, transportation, and shipping. Regardless of what you’re looking for, leveraging a 3PL’s value-added services can help ease the strain of today’s demanding, fast-paced shipping pressures.

Read More

Topics: 3PL, Warehousing

Are Nuclear Verdicts Out of Control?

Posted by guest writer, Kenneth Kowal on 11/4/20 4:57 PM

Increasing carrier insurance costs in combination with large “nuclear verdict” penalties have played a huge part in the abnormal amount of recent carrier bankruptcies. And, as more juries are awarding these types of verdicts, even some insurance companies are also being forced out of the industry. The extent of this legal issue and the resulting rise in insurance rates are posing a major threat to many trucking and shipper businesses.

Read More

Topics: Transportation, Industry News

How to Overcome the Tight Labor Market in the Trucking Industry

Posted by Tammi Ulaszewski on 10/28/20 3:37 PM

 

One of the most difficult issues shippers who operate their own fleet and most logistics companies today face is the persisting lack of available drivers. As a result of this labor shortage, companies have to shell out more cash to keep up with growing demand and ensure their products are moving on time. To effectively manage these tight job market conditions, shippers of all types and sizes need to understand why this phenomenon is occurring in addition to the impact it has on their business – regardless of how they handle their transportation requirements.

Read More

Topics: Transportation, Driving for Keller, Industry News

Freight Rates, Demand, and Capacity in the New Normal

Posted by Aaron Keller on 10/21/20 7:30 AM

While the truckload spot market is still showing record high spikes, things seem to be winding down a little, at least for right now. This brief calm could not have come at a better time for those trying to recover from the last few months' volatile price hikes. Given that this trend could lead to huge increases in next year’s contract truckload rates, shippers should start preparing their budgets now. 

Read More

Topics: Transportation, Industry News

Where Should you Locate Your Fulfillment Center?

Posted by Ty Guilliam on 10/13/20 3:54 PM

 

Location carries a lot of weight when it comes to considering your warehousing and fulfillment center options. It’s all about finding a balance between having your distribution centers close enough to your customers and not too far apart that your inventory costs skyrocket. Whether you’re just starting to outsource your storage and shipping or looking to expand, it can be difficult to settle on a location that’s the ideal fit for your business.

Read More

Topics: Warehousing, Logistics, Co-Packing

Here's What's Next for the Logistics Industry

Posted by Randall Schad on 10/8/20 12:55 PM

 

With everything the logistics industry has been through in the past year, many of us are left wondering — what’s next? The current disruption from technology and other changes that are sweeping the transportation sector, however, marks only the beginning of what’s to come. And, despite its destructive impact, COVID-19 merely sped up the process by forcing companies to adapt at a much quicker rate than anyone was previously expecting.

Read More

Topics: Logistics, Industry News

Shipper of Choice, Redux

Posted by Aaron Keller on 10/1/20 8:17 AM

While it’s been established how aiming to be a Shipper of Choice has its fair share of benefits, it’s quickly become a relevant topic for many in the industry again. With such tight trucking market conditions and capacity issues continuing to surface, obtaining this sought-after shipping status has reappeared as the solution to securing carrier interest.

Read More

Topics: 3PL, Logistics

Finally, a Transportation and Warehousing Performance Guarantee!

Posted by Aaron Keller on 9/22/20 10:27 AM

 

 

As logistics professionals, we all know that a low rate is nothing without good service to match. A late delivery on an important shipment, or any other type of supply chain service failure, can cost far more than what the carrier or a fulfillment center’s being paid. And when problems do occur, the provider who made the mistake is still usually getting their money with no penalty for the extra cost or wasted time that their performance failure caused.

Read More

Topics: Transportation, Warehousing, Logistics, Co-Packing

Keller Logistics Group's industry experts share their thoughts on trends in the logistics industry. Subscribe to The Logistical Lowdown and have our latest blog post sent directly to your inbox, you'll never miss a post! 

Recent Posts