Subscribe to our free, weekly email newsletter!


Optimizing Freight Procurement


January 22, 2013

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.

image/article/

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The PMI, the ISM’s index to measure growth, increased 1.8 percent to 57.1 in July. This is 1.8 percent higher than the 12-month average of 55.3. The PMI has grown in 18 of the last 20 months, with economic activity in the manufacturing sector expanding for the last 14 months as the overall economy was up for the 62nd consecutive month.

YRC Worldwide, whose regional and long-haul units provide the second-largest LTL capacity in the trucking industry, narrowed its second-quarter loss to $4.9 million on $1.32 billion revenue, compared with $15.1 million loss on $1.24 billion revenue in the year-ago quarter.

With NFL training camps in full swing, it stands to reason that Congress must be replete with football fans, given how it basically has elected to punt on federal transportation funding yet again, with the Senate yesterday signing off on a ten-month bill to keep federal surface transportation funding intact through May 2015 through a nearly $11 billion stopgap measure.

Carload volumes were up 4.3 percent at 306,988, and intermodal volume for the week ending July 26 was up 3.3 percent at 264,809

Article Topics

Whitepaper · Freight · Procurement · U.S. Xpress · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA