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Welcome to the May 2021 issue of JBF Freight Transportation Industry Bulletin, a monthly newsletter curated by the JBF Consulting team, with a focus on supply chain, transportation, logistics and of course freight.

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Featured Articles

The Self-Aware Supply Chain Runs Itself

Radu Palamariu for sharing this image on LinkedIn about quantum leaps...not incremental progress! BTW this is not real - every level above 4 might be some kind of "wonderland".

The ERP becomes self-aware and takes control from all the people in the supply chain. Robots make the product, store them, picks them, and loads the trucks. Trucks run by computer. No people needed. No management needed. The self-aware supply chain runs itself.

Original source: CR Supply Chain blog

Transport-Centric Macroeconomic Update

A positive factor to consider is the financial returns we are seeing from the publicly traded TL and LTL carriers.

Over the past 14 months, these carriers have seen significant upswings in their share prices and financial well being, especially in the LTL sector. Lower operating ratios enable carriers to invest more in assets and labor, which will ultimately serve as a brake on the seemingly one-way direction of freight rates.

Read the latest Transport-Centric Macroeconomic Metrics here.

Read the full update here.

Meet the JBF Cleveland Crew

First gathering of the Cleveland JBF crew in many, many months at local favoriteCowboy Food and Drink! Pictured here are from left to right: Griffin, Justin, Adam, Dennis and Chris

Hot Topics on LinkedIn - Join the Conversation

ICYMI here are some interesting conversations happening over on LinkedIn.

• The ‘unsustainable” grocery delivery wars
  

• Do carriers have short-term memories in tight freight markets?
  

• Safety ratings at risk for violators of proposed speed limiter law
  

• JOC’s analysis of top importing firms

MEME of the Month: The Silo Mentality

Can you relate? Original LinkedIn post

Has Your Business Changed in the past 18 months?

If you answer YES, then it’s probably time to reassess your TMS. If you’re like most businesses this past year has been a dramatic shift in your transportation network and operations. Where do you now focus your attention? Request Your Complimentary Consultation

Since 2003, JBF Consulting has been helping shippers of all sizes and across many industries select, implement and squeeze as much value as possible out of their logistics systems. We speak your language — not consultant-speak - and we get to know you.

Our leadership team has over 70 years of logistics and TMS implementation experience.

Because we operate in a niche — we’re not all things to all people — our team members have a very specialized skill set: logistics operations experience + transportation technology + communication and problem-solving skills + a bunch of other cool stuff.

To contact JBF Consulting call 203-807-5231 or email: brad.forester@jbf-consulting.com

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.