The benefits and potential pitfalls in transportation ‘mini-bids’
While annual bid events are still one of the primary ways companies go about procuring transportation, many are turning to
Why truckload contracts aren’t like other business contracts
Transportation costs are not like other business expenses. They’re affected by many different factors, and not always in the same
Truckload markets still search for stability
The country is slowly emerging from the pandemic, with the U.S. averaging 2.5 million vaccine doses a day. That hasn’t
How business expansion can affect your transportation budget
Expanding your product line or adding new customers are classic ways to grow your business. But that growth also creates
How General Mills incorporated freight mini-bids for a more agile supply chain
General Mills has adopted shorter contracts and freight mini bids to handle increased demand during the pandemic. In the past,
4 trigger events for transportation mini-bids
Transportation mini-bids have grown in popularity in recent years. With sophisticated data analytics, these continuous procurement strategies are easier to
Flatbed carriers see increase in shipments of farm and construction equipment
The Port of Baltimore is the number one Roll-on/Roll-off (RoRo) port in the United States and handles the majority of
Produce shipments still dominated by imports
Imported volumes of fruit and vegetables are on the rise, with the vast majority (93%) of truckloads coming across the
Port traffic congestion leads to delays for van freight
Strong import volumes continue to clog supply chains that are desperately trying to replenish depleted inventories. This continued demand for
March’s freight trends throw seasonality out the window
The spot market rollercoaster ride is unprecedented in many ways, with 2021 already beating records set in 2020. March is
Rise of the Mini-Bid: How transportation procurement is changing
Mini-bids have been around for decades, but transportation procurement teams have used them more and more in recent years. The
Reefer load counts drop from damaged crops
February’s damaging cold temperatures looks to be impacting the supply of cabbage for next week’s St Patrick’s Day celebrations. Even