Freight Rates on the Rise

Posted by Harriet Mills on Feb 18, 2021 1:19:10 PM

Speculation about how much shipping costs will increase this year vary, but industry experts agree that rate hikes are inevitable, and soon.

The last year has tested the industry to its limits. Expecting the unexpected has become the norm because of COVID-19. It has stretched us like too little butter over too much bread, creating far-reaching consequences. Now that the pandemic threat may be winding down in many places, we are presented with one more thing to make us grind our teeth at night—more cost to our bottom line.

Read More

Tags: Shipper News, refrigerated freight services, Truck Rates, truckload freight shipping, 3PL News

Shipping flowers by the truckload for Valentine's Day

Posted by Harriet Mills on Feb 11, 2021 2:45:00 PM

It’s the flower shippers who deserve the love on Valentine’s Day!

Most people have no idea what those beautiful flowers go through to get to you. The ones that wind up on coffee tables and office desks across the U.S. -- it’s not just a stroll down from the local flower shop. Oh, no. It is more likely that those beautiful buds have traveled thousands of miles, through various temperature zones, over bumpy roads and border crossings, and even through ports to get to you.

Read More

Tags: Shipper News, Nursery

2021 Chinese New Year & Supply Chain Risk in the Freight Market

Posted by Harriet Mills on Jan 28, 2021 2:15:00 PM

Picture the hustle and bustle of the Christmas holiday, but on STEROIDS. That is what it is like during the Chinese New Year (CNY) in the Eastern half of the world in January and February. It is the largest human migration in the world. For countries like China, Korea, Vietnam, Singapore, Indonesia, Malaysia and the Philippines, the event is celebrated not only for a few days or even a week, but two weeks. 

The dates change from year to year depending on the calendar. This year, CNY is much later than it was in 2020, by 18 days. According to Wikipedia, the criteria used to establish the dates is as follows: “The first day of the Chinese New Year begins on the new moon that appears between 21 January and 20 February. 

In 2021, the first day of the Chinese New Year will be on Friday, February 12, which is the Year of the Ox. The celebration lasts until February 22, but preparations often begin as early as February 4.

Read More

Tags: Industry News, truckload freight shipping

2021 High Shipping Costs: How 3PLs Can Help

Posted by Harriet Mills on Jan 14, 2021 2:38:51 PM

Cost savings should be at the top of every shippers list this year. There is no question that freight rates have taken a giant leap skyward over the last six to nine months. Shipping costs have ballooned ever since the pandemic took hold and consumer’s erratic buying behaviors turned the market upside down. 

Choosing the right transportation provider to help move your freight in 2021 could be the most critical factor influencing your business’s bottom line. For some companies, it could be the difference between keeping your doors open or going out of business. 

(Source: DAT Solutions, LLC.)

Read More

2021: It’s Time to Adopt a Digital Freight State of Mind

Posted by Harriet Mills on Jan 6, 2021 11:40:00 AM

Did you know that even the smallest shipper can take advantage of the huge advances in freight technology simply by using the right transportation partner? That is not the only good news. These platforms are available at no cost to the shipper or their business. Whaaa? Yes, it is true. 

There is no better time than 2021 to embrace a data-driven mindset, and the reasons are many—the most important one being because you simply can! Freight brokers and 3PLs have invested millions in the digitization of the supply chain, optimizing every step of a shipment transaction so that freight moves more quickly, accurately, and cost-efficiently than ever before.  That saves shippers thousands on freight spend each year. Since all this newfangled tech is free and easily accessible, why wouldn't a shipper want to use it?

Read More

Freight Theft During the Pandemic-Troubled Holidays

Posted by Harriet Mills on Dec 9, 2020 1:42:43 PM

This is the time of year when everyone in the logistics industry should be on the lookout for heightened cargo-theft activity. Historically speaking, holidays have been prime time for thieves to hone their skills and get away with as much plunder as possible. This year, because of COVID-19, cases of cargo theft are increasing.

Why have cargo thefts increased?

Part of the reason is sheer volume. Freight volumes for durable goods have hit an all-time high in 2020, with significant fluctuations in the marketplace. Volumes and capacity have unexpectedly surged from one quarter to the next, echoing the increases in COVID-19 cases. Consumer behaviors such as overstocking on paper goods and online shopping have resulted in a hectic logistics industry with tight capacity and high rates. For truck robbers, this unexpected freight boom has created opportunity by putting tons of goods on the road, and at risk.

Read More

Tags: truckload freight shipping, cargo theft, Freight theft, Truckstop criminals

Freight Claims Management - How to get the most reimbursement

Posted by Harriet Mills on Nov 24, 2020 3:56:06 PM

Nobody looks forward to dealing with freight claims, but they are a necessary part of doing business. Even though they can be frustrating and time-consuming, the way you process a claim can be the difference between receiving full compensation or kicking yourself because you made an avoidable, costly mistake. If a consignee (or shipper) does not follow proper procedures in the claim process, there is the possibility that he or she will not receive any reimbursement. 

"I am thinking about outsourcing my claims management. Why should I do that?"


There are many reasons to consider outsoucring your freight claims management. It can improve your cash flow, capture lost revenue, provide timely resolution, and reduce the loss of valuable resources that might otherwise be tied up tracking down and filing claim information. 

Read More

Tags: Freight claims, cargo insurance

Protecting Your Freight with Shipper's Interest Insurance

Posted by Harriet Mills on Nov 4, 2020 9:13:14 AM

Why Do I Need Shipper's Interest Cargo Insurance? 

What is the first question you ask when the unexpected happens and you are facing lost, stolen or damaged freight? For most shippers, it is … “Am I covered?”

 

You know you need to file a claim, but first comes the headache-inducing, fact gathering chore that is necessary with any accident or loss. You need answers to: Is everyone okay? How much damage is there? Who is responsible? What will insurance cover? Who is at fault? How much will it cost my company in time and lost revenue? What do I do next?

When facing these freight claims issues, the time it takes to deal with unpaid and unresolved problems is costly for your company in more ways than you think. No matter what disaster comes your way, being prepared and knowing how to take care of it quickly will let you get back to your main business of conducting business.

Read More

Tags: Shipping Truckload, Freight claims

Freight Claims & Insurance: What you Don’t Know can Hurt you

Posted by Choptank Transport on Oct 15, 2020 10:57:12 AM

You’ve got the best freight insurance in the world, right? Sure you do—until you have a claim, that isWhen compensation is needed, some policies can turn out to be about as much good as a screen door in a submarine. In other words, you're not covered.

Read More

Tags: frozen freight shipping, truckload freight shipping, Freight claims

Peak Season Capacity Remedies

Posted by Harriet Mills on Oct 8, 2020 3:28:45 PM

Our Team of Logistics Pros Offer Shippers Valuable Insights 

U.S. Shipping Volumes

The leaves are falling and so may be your profits this peak season. It is a wild and wooly freight market this year and the supply chain has dealt shippers a tough hand. We are fighting a pandemic that has far-reaching economic and personal ramifications. Shipping volumes are 50 percent higher than either of the last two years. High rates and lack of capacity keep gnawing away at profits, just like the virus keeps rearing its ugly head around the country. Relying on historical trends has become pointless with a market that is as unpredictable as this year’s presidential race (or as President Trump’s next tweet). 2018 dealt us a bull market, 2019 was flat, and well, we all know the story this year.

Read More

Tags: Truck Rates, Freight costs, truckload freight shipping, Shipping Truckload