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LTL rate increases are here and I believe they are here to stay for the foreseeable future. The price and tonnage increases for the carriers is a good thing. Of course, no shipper or 3PL wants to pay more, but we all need good healthy carriers. Supply Chain Digest: Large US LTL Carriers See Profits [...]
This is a list of the Top 25 LTL Carriers 2014 Ranking is based on 2013 revenue including fuel surcharges. Revenues provided are based on LTL operations only, unless indicated otherwise and include Canadian operations. *Revenue is mainly LTL and includes less than 10% for truckload and other services. 1. FedEx Freight - The [...]
Free Shipping For Customers: When “Crazy” Makes Sense Major Australian fashion retailer The Iconic has broken their previous holiday season’s sales record, and is estimated to almost triple their previous profits by the end of the year. Remarkably, the reason for this success is not a revolutionary new business model, or a price-slashing sale. It’s because [...]
Best Pick and Pack Shipping Systems for 2014 Order fulfillment has seen a rise in technology in 2014 and there is now a large offering of advanced products to help make your warehouse function more efficient. With software plugged into your warehouse management system, picking and shipping orders has become a lot more accurate. The [...]
Could you “Bump” Yourself to Some Savings? Dimensional weight is not applicable in LTL…or is it? While, in the truest form, dimensional weight is typically only applicable when dealing with parcel carriers and freight forwarders. However, just as parcel carriers want to invoice for the capacity that the carton occupies and perhaps not the weight, [...]
Don't Wait for the Truck Driver Shortage to Hit Your Business A truck driver shortage exists. News media like CNN, trade groups, trucking firms and industry watchers all agree a shortage exists and will worsen over the next 5 years. So what’s causing this shortage? There’s no singular cause. But many industry insiders mention: driver [...]
Introduction to Regional Parcel Carriers Although large carriers like UPS and FedEx are global and offer many options, regional parcel carriers occupy a significant niche in the industry. In addition to simplified services, the prices may be more advantageous for certain businesses. Since these carriers are regional, they can provide shorter delivery times and [...]
Introduction - Benefits of Choosing Rail Freight Deciding which type of transport to choose for the goods that you need delivered to a remote place can sometimes be a mind-boggling affair. Depending on the distance that the goods need to cover, there are a few options that you can use. If you are shipping to [...]
Top Five Air Cargo Carriers The top five air cargo carriers by weight, according to the IATA, are: Fedex UPS Airlines Emirates Cathay Pacific Airways Korean Air Lines Carrier Descriptions Fedex Founded in 1947 and headquartered in Ohio, Fedex (FDX) has an extensive line of services, including on-board courier and temperature control services. As the [...]
Air Cargo Overview Air transportation is used to transport air cargo by plane and is a crucial component of international logistics networks. Air cargo is especially useful for companies shipping time-sensitive goods or goods over large distances. Air cargo is usually transported using dedicated cargo aircraft (freighters) or passenger aircraft. The Importance of Air Cargo [...]
The 5 largest LTL carriers together have $16.2 billion in annual revenues and 46.4% market share. Each of the top five companies has a national footprint with tons of resources and top notch teams. There is a brief profile of each of the carriers below. The 5 Largest LTL Carriers Largest LTL Carrier: FedEx Freight FedEx [...]
LTL Carrier Profile: Old Dominion Old Dominion is the fifth largest less than truckload (LTL) carrier with approximately $2.1B in sales (estimated 2012). Old Dominion has 6% of the less than truckload (LTL) market. Old Dominion is based in Thomasville, North Carolina. The company has five primary product groups: OD-Domestic, OD-Expedited, OD-People, OD-Global and OD-Technology. The core business segment [...]
