🚚 2023 data shows LTL shipping's hidden costs: a 1.94% damage rate and up to $6.3M in damage claims for enterprise shippers. Accessorial fees, like reweigh, reclass, and overlength fees, added up to $2.3M for these companies. Our FlockDirect® solution cuts damage risk by 7.5x and avoids surprise accessorial fees. Read the full research study to learn more: https://hubs.ly/Q02z1m060
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🚚 LTL's cost-efficiency can be a common misconception in many cases, as surprise fees and handling risks can lead to higher overall costs. These unexpected costs collectively cost shippers millions annually, impacting their operational efficiency and profitability. Hidden costs included damage and loss claims, as well as accessorial fees such as reweigh, reclassification, and overlength fees. Our FlockDirect® solution cuts damage risk by 7.5x and avoids surprise accessorial fees. Read the full research study to learn more: https://lnkd.in/g9E4F-GZ
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Training of staff using plastic pallets is the key to success. And in the unlikely case of damages, we try to help by repairing them. Remember: Repair&Reuse before Recycle.
𝗣𝗥𝗘𝗩𝗘𝗡𝗧𝗜𝗢𝗡 𝗜𝗦 𝗕𝗘𝗧𝗧𝗘𝗥 𝗧𝗛𝗔𝗡 𝗖𝗨𝗥𝗘 Pallet damage not only disrupts operations but can also lead to significant financial losses. Understanding and addressing the root causes of damage is essential for maintaining the integrity and longevity of your pallets. Here are the nine most common causes of pallet damage. #PalletManagement #SupplyChainSafety #LogisticsTips #WarehouseManagement #PalletSafety #QPall #PlasticPallets
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Training of staff using plastic pallets is the key to success. And in the unlikely case of damages, we try to help by repairing them. Remember: Repair&Reuse before Recycle.
𝗣𝗥𝗘𝗩𝗘𝗡𝗧𝗜𝗢𝗡 𝗜𝗦 𝗕𝗘𝗧𝗧𝗘𝗥 𝗧𝗛𝗔𝗡 𝗖𝗨𝗥𝗘 Pallet damage not only disrupts operations but can also lead to significant financial losses. Understanding and addressing the root causes of damage is essential for maintaining the integrity and longevity of your pallets. Here are the nine most common causes of pallet damage. #PalletManagement #SupplyChainSafety #LogisticsTips #WarehouseManagement #PalletSafety #QPall #PlasticPallets
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There are dizzying costs associated with container drayage such as storage fees, flip charges, and per-diem charges. These expenses can add up quickly, and before you know it, you are leaking revenue. Not to mention, your contracts are about to renew on May 1st and there will be an increase in cost for the same services as usual. How can #Shippers #ControlCosts, #SaveMoney, and #ImproveService? The answer is Draydex, a proprietary tool developed by Freight Management Inc, designed for you! Demo and try it for FREE today - https://ow.ly/5Ecr50QFGGn
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Unlocking smooth freight transactions with Gillson Solutions! When using a freight broker, it’s essential to discuss pricing and payment terms. Clear communication leads to seamless journeys. #FreightBrokerInsights #LogisticsTips #GillsonSolutions
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Have you registered yet? 🕛 It's not too late to join us tomorrow to understand the impact half an inch has on your parcel shipping. Let's ship better, together. Register now 👇🏻 #parcelshipping #parcelfulfillment #transportation #logistics #supplychain
In this environment, it's essential to have rock-solid fundamentals, like knowing what you're actually shipping—and how it should be packed. Join FreightWaves, Cubiscan and Paccurate tomorrow Thursday, August 24, 2023 at 2:00 PM EDT to learn how small tweaks can save you millions. https://lnkd.in/dex-cSyH
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Secure your spot for the State of #Freight Webinar! Key topics will include: >Has the freight market bottomed, and what does that mean? >Peak season outlook >What are the persistent headwinds? Stick around for the LIVE Q&A portion as well!
FreightWaves' monthly State of Freight #webinar series returns this month on 𝐅𝐫𝐢𝐝𝐚𝐲, 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟗𝐭𝐡 𝐚𝐭 𝟐𝐩𝐦 𝐄𝐓. Hear from FreightWaves Founder & CEO, Craig Fuller, and Head of Freight Market Intelligence, Zach Strickland, as they discuss the latest insights and some unusual demand patterns. Register today: https://bit.ly/4616jsP
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I have seen this trailer all over multiple platforms on social media, I am not sure if all press is good press. I didn’t know what TQL was before but now that I do it would have to take some serious convincing to ever trust their business practices; as a driver, a customer, or and employee. A driver should not have to go to these lengths to get paid. I hope that any customers or other trucking companies think twice before using companies that withhold pay, or take too long to pay. Many drivers are paycheck to paycheck, some can’t even take the next load or afford to fuel their trucks until they are paid on the previous load. This leaves drivers vulnerable to predatory payment methods like “quick pay” which takes a a bigger cut of profits just to pay a driver for his hard earned work sooner, or advances which charge ridiculous premiums. I hope this driver gets paid, what he is owed. I also hope companies that operate like this think about the ripple effect it has on the industry; capacity, pricing, and the ability to retain drivers. In addition to how it affects the lively hood of many drivers and their families that count on that prompt payment for the correct amount, with out having to go to great length to get it.
Good Friday morning. A trucker's demand for $8K at TQL's HQ grabs attention, while major freight companies such as Schneider, Werner, and CH Robinson report varied Q3 earnings. The Panama Canal's drought continues to challenge shipping. Meanwhile, 35,000 trucking companies have shut down this year. In other news, U.S.-Mexico trade is surging, and Aurora has launched a commercial autonomous trucking route in Texas. In today's email: * Three Freight Headlines: Q3 Reports from Freight Companies, https://lnkd.in/dBJMrr3q
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Freight market recovery isn't going to be swift, and anyone that tells you different is lying to you. I've had 5 separate conversations this week with owners or C-Suite at Greenscreens.ai brokerage customers ranging from $30M in annual revenues to $400M in annual revenues. Their original forecasts and revenue run rates for 2023 have come down anywhere from 25-60%. One positive sign? Volumes are up, but that is a consolation prize when rates are still at the bottom. One exec told me, "We are moving about 20% more loads these last couple months...but only making about 5% more revenue." Hang in there, be smart, invest in things that will improve efficiency, margin control, and those that help improve the bottom line.
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Empty space in shipping containers? If you're tempted to fill it up with any items, STOP! 🛑 Our article explains how you can maximise your shipping containers with the right items to avoid #excessstock and wasting money 📦📦📦📦📦 http://ow.ly/Vh4y50LxJgt
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