Optimizing Freight Procurement
While the United States shipping industry remains vulnerable to a capacity crunch, it is clear that many shippers and carriers could do more to help mitigate the strain on the system through more effective planning.
in the NewsState of Logistics 2016: Pursue mutual benefit May trade between U.S. and NAFTA partners down 3.1 percent UPS reports solid Q2 earnings paced by international and B2C growth AAR reports another week of declining volumes Despite mixed Q2 results, transportation & logistics deal making prospects look bright More News
While the United States shipping industry remains vulnerable to a capacity crunch, it is clear that many shippers and carriers could do more to help mitigate the strain on the system through more effective planning. A recent study from U.S. Xpress shows that more widespread and efficient use of transportation management systems, clearer supply chain visibility, improved analytics and more up-to date data could go a long way toward helping to optimize loads and reduce costs for shippers who have come to rely on just-in-time inventory management.
Shippers and carriers have made great strides in this area, yet this study reveals that there is still a significant amount of work to be done and room for these parties to work together to make it easier for both sides to achieve their objectives.
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