June 27, 2018
Logistics Weekly
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Industry News and Advocacy

While many look to the coasts for the latest tech innovations, Ohio is making a move to be a driving force behind the development of autonomous vehicles.

Under the Drive Ohio initiative, Gov. John Kasich authorized autonomous vehicle testing in the state, and since January, six autonomous vehicle development projects have begun throughout the state under its umbrella.

Read the full article from Transport Topics.

Market conditions for trucking companies, as measured by FTR’s monthly Trucking Conditions Index, remained heavily tilted toward carriers in April. What’s more, says FTR, carriers can expect the conditions to continue to improve and hold strongly in carriers’ favor into 2019.

Read the full article from Commercial Carrier Journal.

Contributing to 3PL Perspectives is a great way to network and raise your company’s profile with TIA members. In addition to the print version delivered to more than 1,700 key TIA members, the electronic version is distributed to an additional 7,000+ members as well as an accompanying website.

In addition to the annual FreightCast, “A Conversation with Matt Shay" and "The Voice of the Customer" general sessions, EXPO has eight educational opportunities delivering insights tailored to 3PLs. Here are a few highlights:

Intermodal Network Capacity in a World of Unpredictable Demand — How can the intermodal system become more resilient to disruption, what will that cost and who will pay?

Is Trucking Capacity at a Crossroads? — A combination of strong economic growth, disruptive weather and ELD implementation have combined to create tight trucking capacity. What does this mean for drayage and intermodal?

What Brokerage Means for Intermodal — With pricing through the roof, capacity scarce, consolidation again on the rise, liner alliances reshuffling and technology surging ahead, how will brokers be affected?

EXPO will take place again in Long Beach, California, Sept. 16-18. Speakers and session descriptions are now posted. Visit the EXPO website for more information. Early-bird registration ends June 29!

 

Van rates edged up another penny last week to $2.31 per mile for the month-to-date. Yet the national average load-to-truck dropped 11 percent to 9.2 loads per truck. Rate trends typically follow load-to-truck ratios, but in the past two weeks, the ratios are drifting slowly back to earth while rates head in the opposite direction.

  

Want to learn from the best resource in the industry – seasoned TIA members? TIA's Mentorship Program will match brokerage owners needing guidance with successful members in a structured, six-month program designed around your goals. This unique program is designed to help you overcome the challenges of the highly competitive 3PL industry while also helping you increase your revenue potential.

Aljex Software, Inc.
DAT Solutions
TriumphPay Carrier Payments Demo named ‘Best in Show’
Triumph Business Capital
TriumphPay showcased the future of payments in the logistics industry at Transparency18, a logistics industry-focused conference, which drew hundreds to Atlanta in May. Triumph’s Jordan Graft and John Shields demonstrated how blockchain and shared ledgers will transform carrier payments.
Watch the short demo here.
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  • Sept. 9-12: Houston, TX - TMW User Conference
  • Sept. 11-12: Chicago, IL - North American Supply Chain Executive Summit
  • Sept. 12-14: Cleveland, OH - International Factoring Association Transportation Meeting
  • Sept. 16-18: Long Beach, CA - Intermodal EXPO
  • Oct. 16-18: Toronto, ON - Multimodal Americas
  • Nov. 6-7: Tucson, AZ - 3PL Technovations
  • April 10-13, 2019: Orlando, FL - 2019 TIA Capital Ideas Conference & Exhibition
Registry Monitoring Insurance Svcs., Inc.
EKA Solutions, Inc.

Don’t delay and lose that spot you want in the 2019 Exhibit Hall. The deadline for the first round of booth assignments has now passed. Sign up now to be included in the second round.

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Education

Join presenter Dianna Whitby of Deer Park Cargo Claims Consulting as she explores the origins of the Carmack Amendment.

  

Registration is now open for the CTB Online Study Course that starts July 2. The course includes new updates and utilizes the fifth edition of the Foundations of Business textbook. The study course contains more than 80 hours of content, tailor-made to prepare you for the CTB Exam to be held Sept. 29.


 

Brokers are quick to sign and return the form contracts that customers provide. Brokers either fail to ask if the customer accepts revisions to its contracts or fear that even asking the question will result in the loss of business.

Infinity Software Solutions, Inc.
McLeod Software

Cargo claims, cargo claims, cargo claims! In theory and under the statutes, a broker is not liable for loss and damage to cargo; however, a broker may become liable for cargo claims in at least three, possibly four, ways. The first is to assume the liability of a motor carrier in a contract with a shipper customer.  The second is to be determined to have held itself as a carrier to the public or a particular customer.

With TIA’s know-how, this course is designed to provide a powerful understanding of the many intricacies of a profitable third-party brokerage logistics operation to serve its customers successfully, and it is useful for both inexperienced and experienced brokerage professionals. This course introduces you to the world of an independent contractor and covers marketing and sales, the finer points of an independent contractor’s job, information on load assignments, and even day-to-day office operations.

Learn More and Register.

Member News

GlobalTranz Enterprises Inc., a leading technology-driven third-party logistics (3PL) solutions provider, has announced that it has selected The Jordan Company LP (TJC) as its new equity partner. TJC has signed a definitive agreement to acquire 100 percent of GlobalTranz from Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, Susquehanna Growth Equity, Volition Capital, Savano Capital Partners, and other investors.

If you have news you would like to share with other TIA members, send it to us, and we'll place it in the next issue of Logistics Weekly.

Meetings

3PL Technovations is a new meeting laser-focused on the rapid changes in technology affecting the 3PL industry. This highly energized event will feature rapid presentations by technology providers discussing the latest industry trends and issues as well as presentations and information sessions led by thought leaders. 3PL Technovations is designed to keep leading 3PLs operating at the top of their game.

November 6-7 
JW Marriott Starr Pass
Tucson, Arizona

For more information and to register, visit the 3PL Technovations site.

EBE Technologies
CargoNet®, a member of the Verisk Anyalyticsfamily of companies
TIA Services - Discounted Business Solutions

TIA's innovative member-only video production service is designed to assist and enhance commercial outreach efforts. For as little as $700, you can have professionally produced videos to complement your marketing strategy.

Are you taking advantage of the TIA Advantage program? As part of TIA’s commitment to help its members grow and succeed, TIA has partnered with several companies to offer its members products and services at special savings including but not limited to: