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: 9693
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: 10646
0
Continue reading 0 Comments

Most Recent Posts

Search


Tag Cloud

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

Blog Archives