The Ship Smarter, Live Better Newsletter, Volume 2: Trucking Market Recession Carries into Q2
Welcome to the second edition of the "Ship Smarter, Live Better" Newsletter!
In this edition, we have the following content to keep you up to date on the market!
A.N. Webber Logistics makes it the company’s business to help its customers, both large and small, ship smarter and live better. Arming its partners with the latest industry news and analysis is one way to help achieve that together.
As the second quarter gets underway, data suggests the trucking industry remains in a recession, although some analysts believe the market has bottomed out. One thing is for sure: Carriers worked harder to try and get ahead in 2023. Thieves apparently worked harder last year too. Cargo thefts in the United States jumped nearly 60% last year.
In the post-pandemic era; many industries have been forced to evolve. Logistics is no different. Shippers are expected to refine carrier networks, streamline operations, lower spend, and provide visibility — the demands are never-ending. With so much to account for and so many elements remaining unpredictable (think weather, traffic, etc.), controlling what can be controlled is vital. One of the best ways to do this? Predictive freight pricing.
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In the intricate web of freight logistics, communication is the binding thread that guides brokers, shippers, and carriers through the labyrinth of supply chains. Poor communication disrupts the industry profoundly. In a landscape where 74% of supply chain organizations utilize four or more transportation modes and 25% lack alignment (survey), proactive communication is crucial.
This article unveils communication's role in future-proofing your brokerage strategy, highlighting technology's guiding light. As highlighted in this post, A.N. Webber Logistics commits to setting new communication standards, ensuring your transportation needs are met and exceeded.
A freight broker helps you select the best carrier for your needs and budget, and navigates issues to resolve them smoothly. The right freight broker will help your business achieve new successes with optimum capacity, good rates, and excellent communication. The wrong freight broker can be costly due to shipment costs, delays, and mistakes. In short, freight brokers are essential, and choosing the right broker is even more so. If your business is looking for success in logistics and transportation, check out this article about selecting the right freight broker for all your needs.
Logistics is an industry with its unique language - with terminology and jargon unbeknownst to those who do not actively engage in its intricacies. Buzzwords and phrases come and go as industry trends and technologies change, but inbound logistics' pivotal role in a company's success remains constant. Mastery over inbound logistics can significantly elevate your manufacturing efficiencies, while mistakes can lead to costly disruptions, poor customer satisfaction, and even operational failure.
This guide will help you better understand inbound logistics and its role in manufacturing. We'll break down the components of a successful supply chain and explain why it's essential to have plans and processes in place to optimize the efficiency of your internal operations. With this information, you can develop a strategy that maximizes efficiency while minimizing wasted resources.