July 25, 2018
Logistics Weekly
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Industry News and Advocacy

Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.

Read the full article in Transport Topics.

   

The 3PL industry is seeing increased shipper requirements of financial security, and TIA is working to help shippers understand where unreasonable requirements only hurt their bottom line. Some shippers are requiring brokers and forwarders to have bonds or trusts up to $300,000. The benefits to the shipper for such a requirement are unclear: there is no market for a $300,000 bond, and the bond or trust only ensures payment of the carrier. The result is that shippers, who are stretching their own payment terms as long as 120 days, are putting the expertise and capacity of 3PLs out of reach over a payment guarantee for carriers.

Read the entire article in the July issue of 3PL Perspectives.

 

 

Spot rates are trending down for refrigerated (“reefer”) freight, due paradoxically to hot weather in Southern California. Temperatures in the “fry eggs on the pavement” range, above 115 degrees, ruined some high-value crops, notably avocados. Other parts of the state were also affected, adding to a typical mid-July decline.

Armstrong & Associates is repeating a study done in 2013 on the Brand Recognition of third-party logistics providers, and they are requesting your participation. For your time, Armstrong & Associates will send you the final report covering the brand strengths and current bidding/RFP practices in third-party logistics. The report should be available in the next 2-3 months.

  

Has your career or business hit a road block? TIA’s Mentorship Program will match your needs with successful members in a 6-month program personally designed to help you achieve your goals. This unique program is intended 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
  • Sept. 25-26: Portland, OR - DAT User Conference
  • 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.

Budgeting for 2019 events? Don’t wait and accidentally be one of those exhibitors who gets left out. Reserve your space today to guarantee you have a spot at the 2019 TIA Capital Ideas Conference & Exhibition, the only show designed for 3PLs.

All booth applications will be accepted on-line for 2019 with payments via credit card. Please be sure to apply early. We anticipate booth space to sell out quickly again for 2019.

Register for your 2019 TIA Conference Booth/Kiosk, view the Floor Plan and review other pertinent information at www.tianet.org/2019exhibit

Important Dates:

  • After September 14, 2018 – Booths will be assigned on a space-available, first-come, first-served basis.
  • October 2, 2018 - Final payment due. No refunds will be made after October 2, 2018.

Questions?
Please contact Valerie Sumner: vsumner@vrsevents.com.

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Education
  

Registration is now open for the CTB Online Study Course that started July 2. The course includes new updates and utilizes the 5th 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.

3PLs are quick to sign and return the form contracts that customers provide, but 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.

August 2-3, 2018 Minnetonka, MN
With an update on CARB (California Air Resource Board) compliance and vicarious liability (for highway accidents) you don’t want to miss this course with valuable and current information.

Register now.

Infinity Software Solutions, Inc.
McLeod Software

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 and how to serve its customers successfully. 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

Draymaster Enterprise has announced the hiring of Phil Dupuis as Director of Sales.

“We are very excited to add Phil to the DrayMaster team,” said Travis Barnier, DrayMaster President. “He brings a proven history of sales success in the freight forwarding/logistics field and possesses excellent skills in relationship building, customer focus, process/systems knowledge and problem solving.”

Prior to joining DrayMaster, Phil was the owner of Cartage Consulting LLC, helping freight forwarders create improved value through service alignment and process integration with the trucking resources that provide the first and last mile. Before this, he was Station Manager for CEVA Logistics; US Vendor Manager for Hellmann Worldwide Logistics; and Corporate Overland Standards and Governance Manager at Panalpina.

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:

TIA's Compensation Report provides invaluable information about logistics firms’ salaries and compensation, their organization, and job descriptions. More than 80 companies participate in the survey, providing data on more than 30 different job positions. The 2017 paper version of the Measure Up survey is available for $295 per TIA Member.

Purchase now