Getting your products into customer’s hands is never as easy as it seems, and the logistics department of any shipper can attest to this. The reason is there are many different components of the supply chain that need managing, such as warehousing, inventory management, and transportation. Added to that are the many industry regulations, legal requirements, and potential uses of technology to be addressed as well.
Trucking Info's Evan Lockridge recently wrote an article, For-Hire Freight Continues Setting New Records. In this article, Lockridge reviews the economic indicators to explain the consecutive quarters of rising prices in the freight market. "The Freight TSI (Transportation Services Index) measures the month-to-month changes in for-hire freight shipments by mode of transportation in tons and ton-miles, which are combined into one index. Over the last nine months of 2017, the index rose 6.8% with three quarterly increases. The increase of 2.8% in the fourth quarter was the largest quarterly increase since 2.9% in the first quarter of 2013."
How valuable is warehouse space? I'm not just talking about price per square foot. What warehouse features and value-add services would make your logistics more efficient, save time and money? Perhaps our Napoleon, Ohio warehouse location may be the perfect fit for you.