• Blog Uncategorized

    Freight Bids are Back in 2019

    July 15, 2019 by Dan Goodwill

    The freight industry has done a major turnaround from the previous year. Shippers are in a stronger position this year to secure competitive freight rates. Here is a set of steps to consider in preparing a freight bid.

  • Blog Uncategorized

    Freightera Has a Plan to Become the Amazon of the Freight Industry

    January 7, 2019 by Dan Goodwill

    Eric Beckwitt, Founder and CEO of Freightera recognized that shippers and carriers “are experiencing a lot of pain due to inefficiencies and a lack of a simplified integrated system that allows shippers to get the best rate and allow carriers to provide their services directly to customers.”  Just as Expedia provides multiple airline or hotel options in the personal travel industry, Freightera offers instant all-inclusive freight quotes, from carriers of all sizes, 24/7.

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    A Checklist for CEOs Seeking to Control Freight Costs in 2019

    November 27, 2018 by Dan Goodwill

    The financial impact of rapidly rising freight costs caught large numbers of CEOs and CFOs by surprise. Many companies were unprepared for the capacity challenges and financial impacts that took place. Economists are predicting solid economic growth in 2019 but not quite at the pace of 2018. What can CEOs do to protect their supply chains, the service to their customers, and their profits from further freight cost shock treatments in 2019? Here is a checklist to consider.

  • Why Blockchain for Trucking is Still 10 Years Away From Relevance

    September 4, 2018 by Justin Hein

    According to headlines, Blockchain is a panacea. Yet, despite all the publicity, few people understand the implications of this technology.

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    The 10th Anniversary Surface Transportation Summit Will Address many of the Key Issues Facing Professionals in this Industry

    July 15, 2018 by Dan Goodwill

    To celebrate the tenth anniversary of the Summit, the organizers, in partnership with the Freight Management Association of Canada, the Canadian Trucking Alliance and the CSCMP Toronto Roundtable have created an agenda that encompasses the most important issues of the day and assembled an elite group of moderators and panelists to address these topics.

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    An Action Plan to Optimize the Money Spent on Freight Transportation

    June 3, 2018 by Dan Goodwill

    Detailed, quality freight spend data can allow shippers to identify consolidation opportunities, to address chronic operational inefficiencies that result in excess or accessorial costs, to highlight “maverick” spend, to rectify the use of non-core carriers or more expensive modes and/or to create opportunities to construct more efficient routes and round trips. Shippers with poor quality and/or inaccurate freight cost data place themselves in a vulnerable position.

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    Manage your Freight Spend Data to Improve Your Profitability

    May 20, 2018 by Dan Goodwill

    A company’s freight costs often represent between two and ten percent of total revenues. For many companies in the manufacturing, distribution and retail sectors, their expenditures on freight have a direct and significant impact on their companies’ bottom lines. “You can’t manage what you cannot measure.” Good quality freight data is an essential starting point in the management of freight transportation.

  • Blog Uncategorized

    Time to Become a “Shipper of Choice”

    April 17, 2018 by Dan Goodwill

    These are unique times. Shippers that make the necessary strategic, tactical, and cultural changes are likely to secure the capacity they need.

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    Conducting a Transportation Audit can help companies Improve their Bottom Lines

    February 19, 2018 by Dan Goodwill

    A number of U.S. companies told investors that rising shipping costs in recent months have cut into earnings. Many manufacturers and retailers throughout North America spend millions of dollars a year on freight transportation. Freight costs can represent between 1 and 10 percent of a company’s operating revenue, one of the largest cost items. One of the best ways to find out where a company stands in this area of rising freight rates is to conduct a Transportation Audit. Keep in mind that even a few percentage points of savings off a multi million freight spend can be a considerable amount of money.

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    Conducting Freight Bids in 2018 – It’s a New Ballgame

    January 8, 2018 by Dan Goodwill

    The New Year has started off with a bang. With the stock market at record levels, unemployment at historic lows in Canada and the United States and a new U.S. tax bill that promises to put extra dollars in the hands of American purchasers, it is not surprising that consumer confidence is at a high. The strong GDP numbers reflect that people are spending money again. The result is that freight rates are projected to increase in 2018. It is against this backdrop that shippers and carriers begin preparations for the annual freight bid ritual. Here are some suggestions on how each side should prepare for this process.

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    Some Major Trends in Freight Transportation in 2018

    December 8, 2017 by Dan Goodwill

    The coming year is full of question marks. Can the strength of the economy and stock markets be sustained? How will the ELD mandate play out? How much will freight rates increase? Will president Trump face legal proceedings or Impeachment? Will the president precipitate a foreign policy crisis? Will supply chains be disrupted by capacity shortages? Will NAFTA be terminated and how will this play out in the three participating countries in 2018 and beyond?

  • Blog Uncategorized

    The Top Stories in Freight Transportation in 2017

    November 13, 2017 by Dan Goodwill

    Here is my annual report on the top stories in surface transportation in the United States and Canada over the past year.