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Spring is finally here in New England, as the days are beginning to warm up. The freight markets seem to be cooling, however - depending on which pundit you listen to.

For some quick reads, check out this piece from my personal favorite Jason Miller (of the esteemed Michigan State University supply chain program) and this piece from Craig Fuller at FreightWaves.

Either way you lean, technology now makes it far simpler for shippers to gauge contract market temperature through targeted mini-bids. This has been a popular service offering recently with JBF clients, and can likely be a quick and relatively low-cost way to secure some discounts.

The best approach?

Identify those lanes that are most commonly using spot-market capacity, package them up in a small bid (small quantity of lanes, open network of carriers) and execute.

Here’s a great piece by Dennis Heppner around this topic.

-Brad Forester, CEO

P.S. If you’re going to ICON 2022 in Orlando later this month, drop me a note. Let’s meet in person!

Feature Article

Are Annual Carrier RFP Events Dead?

While product price volatility and supply chain disruption get all the headlines, there is a growing debate in the Truckload (TL) shipping community about the future of the Request for Proposal (RFP).

“The annual carrier RFP event may not be dead yet, but the old way of securing rates and capacity is certainly going the way of the buggy whip.”

Read the full article here.

From the Blog

Can a TMS Virtual Super User be Your SuperHero?

Despite superb planning and execution of your TMS implementation, there are some ‘typical’ attitudes and issues that shippers have to deal with post-implementation.

"Many organizations have ongoing challenges that need to be addressed in order to prevent ‘Solution Decay’, to continuously improve, and realize the full benefit of the investment."

Read the full article here.

Poll of the Month

NEW POLL: Frequency of Shipping Forecasts Reviews

Shipping forecast frequency poll May 2022
CLICK HERE TO VOTE

Freight Tech Trends

How To Squeeze as Much Value as Possible Out of Your Logistics Systems

Freight Tech Trends Relevant Right Now:

>>> The ocean shipping delays caused by the pandemic have prompted large shippers and 3PLs to seek ocean and port visibility solutions.

>>> Shippers are also looking for more small parcel and last mile solutions and the associated TMS system integrations.

>>> Shippers are looking for additional freight tech solutions.

Listen to the full podcast interview here.

 The Digital Logistician, an exclusive LinkedIn newsletter curated by the team at JBF Consulting

An exclusive Industry Newsletter published on LinkedIn

We just launched The Digital Logistician, an exclusive LinkedIn newsletter curated by the team at JBF Consulting where we share insights into the bits and bytes of logistics. We hope you enjoy reading this first edition and subscribe to stay on track!

Cleveland JBFers Welcome Mike Ferguson

Our Cleveland team gathered at Pinstripes in Pinecrest to give a warm welcome to newest JBF team member, Mike Ferguson.
Pictured here (l to r) Adam Gray, Chris Doersen, Griffin Holub, Justin Wilcox, Hugo Perez, Dennis Heppner, and Mike Ferguson.

Customer Success Story

Comprehensive TMS Transformation for Automotive Sector Manufacturer

To help this client achieve ‘best-in-class’ service to their customers, while at the same time tightly controlling their costs, a comprehensive transformation program was laid out to create a Transportation Operating Platform.

Read the success story here…

The JBF Freight Transportation Industry Bulletin is a newsletter curated by the JBF Consulting team, with a focus on supply chain, transportation, logistics and of course freight.

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The fine print: This newsletter is being provided to the reader as a general overview of current market conditions and contains information compiled by JBF Consulting from a variety of sources. This newsletter is provided solely for general informational purposes and is not intended to be, nor should it be construed by the reader as, specific advice or a solution tailored to a particular company or client. Before acting on any information, you should consider the appropriateness of the information provided to your company’s circumstances and it is recommended that you seek independent advice if you have questions specific to your own objectives.

JBF Consulting makes no representation or warranty as to the accuracy or completeness of the information contained herein and shall have no liability for any representations (expressed or implied) regarding information contained in, or omitted from, this newsletter.

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