freight costs

Before the Pandemic, logistics were largely taken for granted. A company’s supply chain was simply how it acquired the units it eventually sold to its customers, a step towards the actual core competency. Getting the goods to the right market was something that needed to be done, certainly, but not a major concern for leaders.  Simpler […]

Markets, including the freight market, are made up of individuals. So, when individual consumers are reporting rising angst about inflation, it’s safe to say that those same concerns will eventually be reflected in marketplaces around the United States. The freight market, and on a larger scale the supply chain industry as a whole, has just

Large markets like the transportation sector take time to shift, but in the end, everything is cyclical. For the past few years, fueled largely by the supply chain chaos caused from the global Pandemic, carriers have been the ones calling the shots. Across the board, fees were added, rates increased, and service guarantees all but disappeared.

The last few years have been a roller coaster ride for many industries. But, due to a confluence of factors, the logistics sector in particular has had an especially rough time of it. And according to the Wall Street Journal, it doesn’t look like that is going to change any time soon. While some companies

“Simplicity is the ultimate sophistication.” Leonardo Da Vinci In our modern world, simple is hard to find. Technological innovation has made it possible to dream big, and achieve things previously thought impossible. But, the interconnectedness of our now global systems has also illuminated just how complicated the world can be. The logistics industry is no

Gas Prices Are Soaring as Inventory Hits All-Time High According to the latest report from the Logistics Manager’s Index, March was a tough month for shippers. While inventory levels across the country are at an all-time high, transportation capacity is stretched to the max. And with sustained Russian aggression in Ukraine, gas prices continue to

Before we get into why auditing your company’s freight bills is so important, let’s explain what we mean by the term Freight Audit and Payment. In simple terms, freight audit and payment refers to any resources, whether they be technological or labor based, that are used to ensure accurate and timely handling of a business’s