In Q4, the freight market continues to see consumer spending slow, inventories expand, order backlogs decline and contract rates fall. More than ever, shippers are looking to eliminate costs, streamline their operations and fortify their supply chain infrastructures to better respond to an increasingly complex (and competitive) market fraught with uncertainty. Encompassing a wide range…
Month: November 2022
In recent years, less-than-truckload (LTL) freight has emerged as a primary shipping solution across supply chains. Small and midsize businesses are pivoting to LTL services to more easily move their goods amid market volatility. Uber Freight introduced LTL freight capabilities in 2021 to continue supporting shippers with full truckload and LTL needs, and provide a…
In 2023, shippers have an opportunity to reimagine their supply chain operations so they’re well equipped to navigate any future disruption. Establishing a resilient supply chain network design will require an agile procurement strategy—one that’s cost effective and unrestricted, and allows shippers to toggle their resources to address freight market issues impacting their network. Understanding…