High freight demand, driven by US imports and e-commerce, will keep pressure on less-than-truckload capacity and pricing in 2022, speakers said at the annual SMC3 JumpStart conference.
SMC3 news and analysis. Get the latest news about SMC3 and international logistics industry.
26 Jan 2021
Additional acquisitions will fuel growth for both XPO’s transportation and contract logistics businesses, soon to be separate companies, chairman and CEO Bradley S. Jacobs said.
05 Aug 2020
The disruption and dislocation caused by the COVID-19 pandemic puts a premium on shipper visibility into LTL networks via digitization, as well as “touchless” pickups and deliveries.
04 Aug 2020
The less-than-truckload (LTL) industry is catching the wave of digitization transforming supply chains, as e-commerce heightens shipper demand for improved service and visibility.
30 Jan 2020
Shippers, as much as carriers, are driving toward electronic or digital bills of lading, as the need for speed and more responsive, detailed customer service increases.
28 Jan 2020
Truck volumes have flattened, not collapsed, a trucking analyst tells SMC3’s Jumpstart 2020 Conference. Truck capacity hit its peak in Q4 2019, and is expected to contract this year.
28 Jan 2020
The bottom of the current slump in US freight demand is approaching, but new threats, including the China coronavirus, are emerging, speakers at the SMC3 Jumpstart 2020 conference warned.
14 Jan 2020
Shipper demand, lower modal boundaries, and changing procurement practices lead LTL technology provider SMC3 to add truckload functionality to its bidding software.
05 Feb 2019
A brave new world of complex supply chains, consumer demands, and urbanization means problems rooted in truck capacity and driver availability are likely to get worse, regardless of the economic cycle.
19 Nov 2018
Sponsored: "Be proactive, not reactive; understand your sourcing options," SMC3 Chief Commercial Officer Brian Thompson empasized
26 Jan 2017
Speakers at the SMC3 Jump Start 2017 conference expect truckload and LTL rates to move up, modestly, in 2017.
24 Jan 2017
Shippers and trucking companies at SMC3 conference urged to use embedded analytics in transportation software to automate tasks from motor carrier selection to route optimization.
24 Jan 2017
The strong US dollar is making a bad equipment imbalance at the border worse, and will encourage the growth of less-than-truckload shipping across the border and in Mexico, SMC3 expects.
28 Jun 2016
Amazon now may be the world's largest 3PL, especially for small shippers, supply chain consultant Adrian Gonzalez tells SMC3 Connections 2016.
22 Feb 2016
Technology provider and trucking association SMC3 is developing an "industry platform" that uses application program interfaces to link shippers, trucking companies and logistics providers. The platform is designed to speed supply chain communications and open the gates to more innovation.
19 Jan 2016
Speakers, attendees at the SMC3 JumpStart 2016 conference report inventory levels high enough to slow GDP growth, depress freight demand.
14 Oct 2015
Acquiring TCG expands SMC3's less-than-truckload software portfolio from pricing to profitability management and expands the group's reach into the truckload market.
29 Jun 2015
Mobility has become the latest technological catchphrase, especially in transportation, as wave after wave of t
26 Jun 2015
Truckload and less-than-truckload pricing expected to rise more quickly than freight volumes, as carriers seek to counter rising operating costs and shippers look to secure capacity.
25 Jan 2015
With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
24 Jan 2015
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
22 Jan 2015
Three straight quarters of stronger U.S.
11 Dec 2014
As large LTL carriers and international shippers begin to develop density-based pricing alternatives, the classification system still dominates LTL costing and, by extension, pricing.
01 Dec 2014
Pricing power and advances in technology are spurring innovation in LTL pricing, encouraging carriers to test out dimensional-weight pricing and other alternatives to class-based tariff rates as they seek more dynamic, flexible pricing models.
04 Feb 2014
Widespread severe winter storms and colder than typical weather are slowing deliveries and cutting into manufacturing activity — but a thaw is coming, eventually.
31 Jan 2014
Shippers that were complacent about reports of tightening truck capacity in 2013 could be in for a shock this year, especially if weaknesses in transportation networks exposed by this winter’s severe storms are taken as a warning sign.
29 Jan 2014
Shippers and trucking companies need to clearly spell out detention policies and penalties in contracts and tariffs if they want to avoid federal regulation, a transportation attorney warns.
11 Jul 2013
Supply chain strategist Page Siplon, who heads the Georgia Center of Innovation for Logistics, is taking on a bigger role as director of the Georgia Centers of Innovation.
10 Jun 2013
The latest round of general rate increases points to higher contractual pricing to come as LTL carriers seek to regain lost pricing levels.
24 Jan 2013
The trucking industry may be rolling toward a "pricing renaissance" of its own, as rising operating costs and tight capacity push truck rates higher.
22 Jan 2013
Shippers seeking reduced less-than-truckload shipping costs need to start not with lower rates but “cleaner” data.
02 Jul 2012
The U.S. may be stuck in a period of slow growth, but its economy is not in imminent danger of sliding back into recession, an Emory University economist says.