For supply chain, operations, and logistics managers, balancing freight capacity for on-time deliveries and cost control is crucial. But finding the right balance can often feel like solving a constantly shifting puzzle. Our guide offers practical strategies to optimize freight capacity management, including carrier management, leveraging data and technology, and mode optimizations. What is freight…
Year: 2024
Reimagining transportation procurement: Leveraging data and technology for smarter freight decisions
Originally published in Talking Logistics In a survey, Talking Logistics conducted in October 2020, 91% of their Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either “Agreed” or “Strongly Agreed” that the time had come to transform the traditional transportation procurement process. Yet, we all know that…
Before shipping goods, businesses need to determine their freight class. Why? So that they can figure out how much they’ll have to pay for shipping. With more and more goods shipped daily, it becomes essential to have some sort of standardization in types of cargo. The freight class system conveniently provides carriers and shippers with…
2024 has been a year of transformation for logistics and supply chain management. On the supply side, there have been many challenges including inflation, labor disruptions, global friction, and unpredictable demand. Downstream, warehouse space rates and availability have loosened, while transportation market costs remain at historically low levels. Logistics costs should be top-of-mind for supply…
Stopping bad actors requires industrywide collaboration With holiday shipping ramping up, freight fraud is top concern for players across the industry. While companies fight all types of fraud throughout the year, strategic theft and straight theft are particularly prevalent in today’s market. Cargo theft incidents were up 33% year over year in the second quarter…
This article was originally posted on LinkedIn by Uber Freight VP of Emerging Products Brooks McMahon. If you’re in logistics, you know: Transformation is constant. Evolution is a must. Resilience is essential. This is an especially challenging time for brokers. As of September, the number of freight brokerages dropped by 16.7% compared to 2022. As…
Q4 2024 freight market update: Key insights and recommendations for shippers and carriers Updated November 7, 2024 As the end of the year approaches, logistics teams will need to begin preparing strategies and reviewing forecasts for 2025. The key to staying ahead of disruption and remaining competitive now and in the new year is to…
Uber Freight is poised to transform the shipping industry in Mexico. The company has reached a milestone with $750 million in Freight Under Management (FUM) in Mexico and double-digit growth within the last year. Apart from being one of the largest warehouse providers in Laredo, Texas—the crossing point for 60% of all cargo traveling between…
Transportation management systems (TMS) are an essential tool for shippers to power proactive and strategic logistics operations. They serve as all-in-one solutions for planning, executing, and managing logistics operations across regions and modes. Having access to these one-stop-shop solutions can help logistics teams quickly access their supply chain network data to address disruptions and make…
Sustainability has become a priority for the freight industry. At Uber Freight, we have set a goal with a pragmatic roadmap to shift at least 80% of our global brokerage shipments to cleaner transportation by 2040, and many of our customers have outlined their own commitments to advance sustainability in their supply chains today. But…