Follow Us:          
Articles

“Dan Goodwill is a well known consultant in the transportation sector and a published and prolific writer on current topics related to the industry. Dan's associates also contribute on a regular basis.”

Transportation Industry Articles - Freight Management and Transportation Consulting Services

Freight rates are on the rise in 2011. These increases are being driven by a broad range of forces including tightening capacity, driver shortages, increasing fuel costs, government regulations, improved carrier costing systems and cost increases. To mitigate these increases, the onus is on shippers to do everything possible to skillfully manage their freight programs.

As economic indicators improve, there is growing interest among shippers and buyers of transportation services to re-start some of their infrastructural systems improvement projects that had been postponed due to cost-cutting. Improving inbound transportation practices is a major focus and one that often requires an effective TMS (Transportation Management System). A typical question is simply “What TMS should I buy?” 

One of the most frequently repeated lines in business is that you can only manage what you measure. This well known business principle applies just as well to freight transportation. To effectively manage freight transportation, there are a number of key data elements that need to be captured...

As shippers continue to face the challenges of capacity shortages, high fuel surcharges and upward pressure on freight rates, many are turning to freight bids to secure consistent capacity and rate stability.There are ahost of other variables that are encouraging shippers to move in this direction...

As shippers wrestle with the continuingchallenges of tight capacity, increasing freight rates and elevated fuel surcharges, many companies are turning to a formal request for quotation (RFQ) process to address these issues. The RFQ process is now viewed by someshippers as a mechanism to leverage their freight volumes to secure the capacity they require while ensuring some measure of rate stability...