In the current freight market, it truly is “survival of the fittest.” Industry challenges such as the driver shortage, capacity imbalances, government regulations and an overall robust economic condition are all creating havoc on transportation costs. Companies are grappling with new standards of velocity, market choice and cost for their products and consumers are demanding better variety and greater availability at the lowest possible cost—further increasing complexity and intensifying pressure on supply chains.
“I’ve never seen a market as constrained for capacity as the one we’re in right now. Shippers right now need three things: speed, visibility and service. They also need greater control over their transportation operations, better shipment visibility and improved end-to-end supply chain performance,” says Transplace Senior Vice President of Operations Mark McEntire.
How can managed transportation services take the pain and pressure out of the process?
To help better understand managed transportation services and overcome these industry challenges, take a look at this report from Logistics Management that examines:
How is your operations leveraging managed transportation services to improve its processes?