Upcoming Webinar: Part 4 of the Perfect Storm Series: The Clean Up After the Perfect Storm... Freight Rates Have Gone Up, Do Your Costs Have to?
At the recent CSCMP EDGE Conference, Derek Leathers, CEO of Werner Enterprises said, “rates have gone up, costs didn’t have to.” He mentioned that most shippers can strip 5% or more of cost out of their shipping operations by reviewing their processes and practices. We have all read the many articles about becoming a Shipper of Choice, but the bottom line is shippers need to become more strategic vs. transactional in conducting their transportation operations.
One of the most important changes to how shippers approach transportation is how they procure transportation services. Transportation is not like purchasing standard items. “Transportation is the only commodity that combines a high value asset—a truck—with a person.” (CFO of major carrier). It is not like buying staplers and to treat it as such is preventing companies from seeing the complete transportation picture.
Companies who can commit to becoming a strategic shipper will be able to get preferential treatment to mitigate rate increases and greater access to capacity. As this transportation “Perfect Storm” is thought to continue into 2019, now is the time to reverse the business as usual approach to transportation.
Join us Wednesday, December 5th at 12 PM EST as NASSTRAC, CSCMP and TranzAct Technologies Inc. brings you Part 4 of the Perfect Storm series “The Clean up After the Perfect Storm…Freight Rates have gone up, do your Costs have to?” This installment will again be moderated by Mike Regan, Chief of Relationship Development at TranzAct Technologies Inc. and NASSTRAC’s Advocacy Chairman. Mike will be joined by another outstanding panel of industry experts who will share their insights and ideas.