Smarter Shipping, Volume 8: Shippers Adapt to a Stormy Spring Forecast

Smarter Shipping, Volume 8: Shippers Adapt to a Stormy Spring Forecast

Welcome to Volume 8 of "Smarter Shipping" with Intelligent Audit.

If you missed last week's newsletter, "Smarter Shipping, Volume 7: Tough Talk from Teamsters as Union President Sean O’Brien Spars with GOP Senator," read it in full here.

Let's dive right in!

In this edition of "Smarter Shipping," we'll cover the following:

  1. Intelligent Audit was named a "2023 Top 100 Logistics IT Provider" by Inbound Logistics
  2. Intelligent Audit featured in PARCEL's 2023 Solutions Guide
  3. The top 10 stories around the industry to know
  4. The latest insights from the Intelligent Audit Resource Hub
  5. Customer Story: New Fee, New Problem: Deep Learning Models Spot an Erroneous $3800 Excess Mileage Fee
  6. Facing a Stormy Spring Forecast, Shippers Turn to Intelligent Audit
  7. A Summer of Tradeshows! Where to see the IA team on the road!

Intelligent Audit named a "2023 Top 100 Logistics IT Provider" by Inbound Logistics for 6th Year In a Row

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The Top 100 Logistics IT Providers is an annual listing of such companies, and the editors at Inbound Logistics have included Intelligent Audit among its honorees for 2023.

As higher parcel carrier fuel surcharges become the norm in the transportation world, finding companies with a proven record of success is essential for shippers. This is the sixth consecutive year the publication has honored Intelligent Audit on this list.

See the full list here.

Intelligent Audit Featured in PARCEL's 2023 Solutions Guide

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Intelligent Audit is once again featured in PARCEL's 2023 solutions guide on page 20!

The guide provides guidance on software, equipment, services, and supplies that can help you take your parcel shipping and supply chain to the next level.?

Click here to see our write up of IA in the guide!



Shippers Adapt to a Stormy Spring Forecast

After a harsh winter for the transportation industry, supply chain professionals hope for a less volatile spring. However, forecasters have other things in mind. Predictions for the next quarter remain uncertain for a volatile air cargo industry, and USPS is shifting its strategy to focus on the ground. Across the transportation industry, shippers are preparing to weather a stormy season in the transportation industry. Here's what you need to know in an always moving industry.?

National Carriers Leverage Price Cuts to Compete with Regional Carriers

To siphon volume from smaller carriers,?UPS?and FedEx have begun offering significant discounts to shippers willing to part ways with their regional carriers. While the competition between?mega-carriers?and regional companies has long been a feature of the industry, the extent of the price cuts makes recent competition stand out, according to reporting from?FreightWaves.

Read the full article.

Shopify CFO Says Partnership with Deliverr is Key to Standing Out in Competitive E-Commerce Environment

Shopify’s CEO says his company’s partnership with Deliverr, a U.S.-based e-commerce fulfillment company, will be key to further differentiating Shopify’s services from?Amazon, its primary competitor in the e-commerce space. “Some of the technology we got from Deliverr allows us to do this in a distributed way, and then tackle some things which Amazon and others have in terms of problems we don’t have,”?Jeff Hoffmeister said?during Morgan Stanley’s Technology, Media, and Telecom conference.

Read the full article.

USPS Invests in Ground as Shift From Air Continues

As the USPS adapts to falling volumes, the company is moving away from air cargo instead of investing in ground transport capabilities. “For the fiscal year ended Sept. 30, total transportation expenses increased 6.5% YoY —?driven by a 12.8% jump in highway transportation costs,”?Supply Chain Dive?reported, citing the agency’s Form 10-K.?

Postmaster General Louis DeJoy has recently expressed concern with the amount of investment the company has put into its air cargo capabilities, and hopes to move cargo from cost-intensive air cargo to more affordable ground transportation.

Read the full article.

Customer Story: New Fee, New Problem: Deep Learning Models Spot an Erroneous $3800 Excess Mileage Fee

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Our customer in the financial services industry is a frequent same-day shipper. Suddenly, packages were erroneously hit with a costly “Excess Mileage” fee based on the distance to the destination. Historical shipments using the same receiver, sender, and service had not previously incurred the fee.??

Learn how Intelligent Audit used machine learning to detect a costly “Excess Mileage” fee based on the distance to the destination.?

Read the case study.

Great Content from The Intelligent Audit Resource Hub

The Benefits of Business Intelligence Software to Enhance Customer Service in the Transportation Industry

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Businesses throughout the transportation industry have learned the value of business intelligence (BI) for revolutionizing internal operations, from optimizing payment practices to cutting transportation costs. For these benefits and more, BI has become a trusted tool in the transportation industry’s toolkit. This popularity and usefulness are shown through the expectation that the BI market will reach?$54.27 billion?globally by 2030, a compound annual growth rate (CAGR) of 9.1 percent.

Now that shippers have become accustomed to using BI to revolutionize their operations, many are looking to go beyond that benefit and wondering what it could do for customer service.

Read the article.

A Freight & Shipping Audit Checklist Guide

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With increased e-commerce shipping, high consumer expectations for delivery, and challenges in the supply chain, companies need?optimized transportation systems?and freight services. One of the fundamental ways to achieve this is through collecting and analyzing data — which can, in part, be done through a regular freight audit. Quality, relevant?shipping data?shows what is going right and needs improvement for better shipping services.

Consistently carrying out freight audits allows one to collect data from shipping invoices. Over time, freight audits have become more comprehensive and focus more on analysis, making it easier to?use the data?to improve processes and business decisions. Freight audits can improve visibility into the supply chain, the accuracy of payments, and more.

This guide gives you an actionable freight audit checklist to follow.

Read the guide.

A Guide to the Carrier Claims Process

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Carrier claims are a standard part of the shipping process, as they provide a way to respond to things that go wrong with shipments. These claims show that the carrier didn't carry out the agreement properly, and some standard processes and solutions go along with these claims.

This guide lays out the leading carriers'?types of claims?and the carrier claims process. Shippers need to understand what shipping claims are, when to file them fully, and to carry out an efficient method of filing them as part of standard operations.

This guide covers all of these areas to help you move forward with this aspect of shipping and logistics. We also share how a partner like Intelligent Audit can alleviate much of the burden of the carrier claims process by handling much of it for your team.

Read the guide.

Facing a Stormy Spring Forecast, Shippers Turn to Intelligent Audit

Despite shippers' hopes for a pleasant spring, the coming months seem to offer more of the same: volatile rates, unpredictable volumes, and a competitive transportation environment. With Intelligent Audit, shippers can access a vital toolkit of resources to navigate a high-stakes season in the transportation industry.?

  • Streamlined Freight Audit and Recovery ensures that shippers can simplify complex freight auditing and recovery processes.
  • Business Intelligence and Analytics provides shippers with the insight they need to optimize current operations while improving efficiency for the future.?
  • Machine Learning uses the latest innovations in autonomous intelligence to detect anomalies, providing shippers with unprecedented visibility over emerging trends in performance.

Get started with Intelligent Audit today, and see what over two decades of smarter shipping can do for your business.?

A Summer of Tradeshows! Where to see the IA team on the road!

This summer is full of great tradeshows! We look forward to reconnecting with current customers, meeting new friends, and attending sessions to learn industry insights.?

We would love to connect if you are also attending the shows listed below! Click the button to schedule a meeting with one of our sales team members that will be there!?

?Upcoming Tradeshows:

  • Gartner:?May 8-11th | Orlando, FL
  • NPF:?May 21st-24th | Charlotte, NC
  • SCLA:?June 12-14th | Litchfield, AZ
  • HDW:?June 14-15 | Philidelphia, PA

That's it for this edition of "Smarter Shipping" with Intelligent Audit! Make sure to subscribe to not miss a weekly edition!

CHESTER SWANSON SR.

Next Trend Realty LLC./wwwHar.com/Chester-Swanson/agent_cbswan

1 年

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