“How long does freight shipping take?” — it’s the question every shipper wants to know the answer to so they can plan appropriately and set the right expectations for delivery. And it depends on several things. Let’s look at how transit times are calculated, the things that could impact delivery, and what to expect for each mode and service option.
As we approach the holiday season, it is more important than ever for shippers to understand market dynamics. This month’s market update will highlight several macroeconomic factors that are impacting the truckload market. In turn, you will be in a better position to set expectations with your stakeholders.
Contract rates and spot rates are two of the most common pricing options when shipping truckload freight. Understanding how they work can help you determine which type of rate to use for each load — enabling you to manage your freight budget more efficiently and save on shipping costs. Let’s look at the definitions of both, and then go over when it makes most sense to use one or the other.
Peak season demand, fluctuating capacity levels and other market changes can cause delays and rate increases for truckload shippers. And when these issues happen in areas critical to your supply chain, your bottom line can take a significant hit.
Moving freight across the U.S.-Canada border is essentially as easy as moving freight domestically: there are just a few extra steps involved. The biggest differences are working with a licensed customs broker and filling out customs documents. Working with a licensed and bonded carrier that is well-experienced moving freight across the border makes the process easy!
With less than six weeks left until Black Friday, the race is on to get products ready for the holiday shopping season. And while many may be eager to put 2020 in the rear-view mirror, others are relying on the fourth quarter to boost sales and revenue. Having a plan in place is essential for success — especially since holiday sales will likely look different this year due to the coronavirus pandemic.
Do you need more capacity in areas where you have recurring shipments? Do you already have a fleet, but need specific equipment for some specialized freight? And are you concerned about the costs involved with adding people and equipment? If so, dedicated transportation may be exactly what you need. It offers reliability — even in times of limited capacity and driver shortages —and it takes the responsibility of sourcing capacity off your plate.
During September, national tender volumes spiked at over 16,000 (Chart 1), which appears to be a function of altered consumer behavior. As Americans continue their efforts to social distance, a transition to online shopping can be seen within the non-store retail subsector (NAICS 4541). As we enter the holiday season, expect volumes to remain elevated as inventories are replenished and retailers prepare for peak season.
Have more shipments than your current truckload providers can handle? Not satisfied with the performance you’re getting from the ones you use now? Need extra capacity in a new market? Whatever your reason for searching for a truckload carrier, there are a few things to consider before using a new company to handle your freight. Explore the five most important factors below to make sure you’re onboarding the right partner.
No matter what industry you’re in, getting products to your customers on-time and in good condition is vital to your business’ success.