June 11, 2021By: Eric Zybura
When you're choosing methods for shipping supplies and/or goods for your business, it's important to understand all your options so you pick the right one. If that's what brought you to this article today, you're in the right place. You're also in the right place if you're looking to understand more about logistics, particularly modes of transportation and how they're priced. In this article, we'll walk you through a key method for moving both goods and supplies: FTL freight. You'll discover exactly what FTL freight is, and why it might be right (or wrong!) for your business. (And, if you have questions about any other terms, make sure to...
Read MoreJune 4, 2021By: Eric Zybura
Ocean freight is on the rise, according to a report by Research and Markets. The research company has projected a 3% compound annual growth rate for this mode of transportation through 2025.i If that holds true, terms like LCL and its close cousin, FCL, will only increase in popularity as more businesses start moving goods via ocean freight. If you're one of those companies interested in ocean freight—or you simply want to learn more about this mode—we'll walk you through exactly what exactly LCL freight is. We'll also show you why it might be right (or not!) for your organization. (And, if you have questions about any other terms, make sure to check out our Approved glossary...
Read MoreJune 4, 2021By: Eric Zybura
It's estimated that 11 billion tons of goods move via ocean freight every year. In 2020, 775 million twenty-foot equivalent units (TEUs) were shipped globally—the equivalent of 387 million 40′ containers. Additionally, that volume is projected to continually increase into 2024ii—and likely beyond. In short, ocean freight is big business, and it all centers around the containers used to transport cargo and goods. If you want to discover more about this critical shipping mode, we'll walk you through the most common option for moving freight via ocean transport: FCL shipments. We'll explain what FCL means, and we'll also discuss why it might be the right choice for your business—or not! (If you want to explore more logistics lingo, make sure to check out our Approved glossary of freight and logistics terms!) What...
Read MoreMarch 22, 2021By: Eric Zybura
With sustainability initiatives popping up all over the transportation and logistics industry, it’s only natural that attention would turn toward over-the-road transportation and its diesel emissions. While diesel-powered medium- and heavy-duty vehicles represent only 5% of road traffic, they account for more than 20% of emissions. Additionally, truck traffic in and out of busy ports like the Ports of Los Angeles and Long Beach contributes to overall emissions, which have been linked to higher incidences of cancer and asthma in surrounding areas. Recent advances in electric vehicles—including semis, box trucks, and delivery vans—offer the transportation industry an appealing alternative. Some of the industry’s biggest names...
Read MoreMarch 8, 2021By: Eric Zybura
Supply chain vulnerabilities are high in the minds of many leaders in both the public and private sectors. On February 24, 2021, President Joe Biden set in motion a 100-day government review of potential vulnerabilities in U.S. supply chains, centered around critical items including medical gear, batteries for electric cars, and computer chips. Additionally, a private-sector research report showed that 73% of companies surveyed were hit with some kind of supply-side challenge during the COVID-19 pandemic. Going forward, it’s clear that suppliers will be a big focus for supply chain managers looking to build more flexibility into their operations. In this installment of our Insights...
Read MoreMarch 1, 2021By: Eric Zybura
At the heart of every business that delivers a product to its customers, you’ll find its supply chain. Managing your supply chain so that it operates smoothly, efficiently, and cost-effectively is essential to both the health and long-term survival of your organization. When you dive down into the nitty-gritty of supply chain management, it might feel like there are as many models as there are types of businesses. To keep it simple, we like to use the Supply Chain Council’s supply chain operations reference model (SCOR), an industry-standard that breaks down supply chain management into five parts: Plan Source Make Deliver Return In this first...
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