Follow us on Twitter!
Blog Header Logo
DG&A's Transportation Consulting Blog
Subscribe to this list via RSS Blog posts tagged in TransForce

If your trucking company hasn’t been purchased or doesn’t get purchased by TransForce, will it be in business in five years?  That is the question that came up in a recent discussion with a long time industry colleague.  The response I received was that he didn’t think his company would survive.  I was a bit surprised by the response and asked him for an explanation.  This led to an interesting discussion on what it is going to take to make it in the trucking industry in 2014 and beyond.

We both agreed that while the trucking industry has changed in some ways over the past decade (e.g. more use of technology, better cost controls after the Great Recession, LNG vehicles, greater use of 3PLs as customers), the industry is not that much different from ten years ago.  The slow economic turnaround since 2008 has created a challenging environment and there is little reason to expect a major improvement in the short term.  Rate increases are hard to come by, even with a tight driver situation.  Even more of a concern is the lack of innovation in the industry and the threat that such changes could wreak on so many complacent companies.

The warning signs are there.  As a Canadian, you don’t have to look much further than Nortel and Blackberry to see what can happen to industry leaders that were not able to keep up with changing consumer needs and quality competitors.  At the same time, one can observe what companies such as Amazon and Apple have been able to do to change the paradigm of some long established industries. 

Some of the large trucking industry players are making investments in technology and people.  They are integrating back offices and focusing on achieving economies of scale.  They are thoughtfully expanding their service portfolios and geographic footprints. 

Some of the small players are offering solutions that are very tailored to certain industry verticals and geographic areas.  Companies that are focused on same day delivery, refrigerated intermodal service, pooled LTL service, energy distribution and other emerging capabilities are creating a space for themselves in the industry.

...
Hits: 9631
0
Continue reading 0 Comments

Carrier Strategies During the Slowing Economy

Posted by on in General

 

 

In last week’s blog, I tried to capture what appears to be the sentiment of a majority of economists.  Their prediction is for slow growth not just for 2012, but also for several years after that.  In the next two blogs, I will outline some of the approaches taken by shippers and carriers to bolster profits during the upcoming slow times.  The following are a number of the strategies that are playing out among North American carriers.

 

Maximize Yields from the Current Fleet

...
Hits: 10604
0
Continue reading 0 Comments

Most Recent Posts

Search


Tag Cloud

Donald Trump shipping TMP Worldwide Warehousing last mile delivery Life Lessons Freight Management David Tuttle TMS Distribution US Manufacturing Colilers International MBA broker bonds Freight Rates CP Rail Global experience FuelQuest fuel surcharge marketing freight agreements Infrastructure Global Transportation Hub driver future of freight industry home delibery Dedicated Trucking CSA freight costs Training New Hires freight forwarders automation 2014 freight volumes 3PLTL intermodal Hudsons Bay Company rail safety Omni Channel Harper Davos speech Loblaw NMFC transportation audit Blogging Trucking Right Shoring Freight Carriers Association of Canada economy Transportation service Transportation Canada's global strategy Rate per Mile robotics CN Doug Nix CSX Canadian truckers mentoring Transloading Map-21 US Auto Sales Microsoft cheap oil Freight contracts freight cost savings Canada U.S. trade US Election Dedicated Contract Carriage economic forecasts for 2012 shipping wine Driving for Profit derailments Career Advice freight transportation freight rate increases truck driver freight transportation in 2011 TransForce JB Hunt buying trucking companies freight payment Cleveland Cavaliers Freight Matching driver shortages risk management financial management employee termination Truckload freight broker BNSF Canadian economy BlueGrace Logistics FCPC FMS dimensional pricing Surety bond US Housing Market Bobby Harris Trump 2013 Economic Forecast Broker Facebook Failure trucking company acquisitions Rail natural disasters freight RFP NAFTA capacity shortages Derek Singleton Werner Sales Management Load broker Accessorial Charges Whole Foods carrier conference Comey driverless Transportation Buying Trends Survey Business Transformation Strategy Grocery Crisis management Scott Monty Finance and Transportation Entrepreneur Load Boards Deferred Packaging Canada network optimization Celadon Tracy Matura Spanx hiring process EBOR Carriers US Economy Packaging the future of transportation CN Rail Toronto Search engine optimization Job satisfaction 360ideaspace e-commerce 3PL Freight Politics small business Regina Business skills home delivery MPG truck drivers bulk shipping CSA scores 2012 Transportation Business Strategies. Jugaad Freight Capacity Reshoring Transplace NCC Conway Canadian freight market Muhammad Ali Management UP President Obama freight payment freight audit Otto Sales ShipMax Adrian Gonzalez peak season Keystone Pipeline CITA Shipper Pulse Survey online shopping Amazon Crude Oil by Rail Horizontal Supply Chain Collaboration $75000 bond Masters in Logistics NS transportation newspaper supply chain management Education New York Times Freight Recession autonomous vehicles Social Media Fire Phone Emergent Strategy Success Sales Training Outsourcing Sales CRM shipper-carrier collaboration 2014 economic forecast Freight Shuttle System Canadian Transportation & Logistics Ferromex Retail transportation Swift LTL USA Truck Social Media in Transportation Twitter University of Tennessee solutions provider consumer centric KCS broker security Canada-U.S. trade agreement YRC 2015 Economic Forecast freight bid Railway Association of Canada pipelines Doug Davis ProMiles Consulting Business Strategy Rotman School of Business freight audit selling trucking companies Transport Capital Partners (TCP) customer engagement Driver Shortage shipper-carrier contracts IANA Climate Change dynamic pricing Transcom Fleet Leasing Success failure entrepreneur Training Stephen Harper Trade Vision Inbound Transportation APL FCA Retail trade RFP shipper-carrier roundtable LinkedIn Leadership FMCSA professional drivers business start-up transportation news tanker cars coaching drones Software Advice capacity shortage energy efficiency freight transportation conference Dan Goodwill Associates LCV's Wal-Mart Yield Improvement Schneider Logistics 2014 freight forecast Shipper routing guide

Blog Archives