July 23, 2019
Logistics Weekly
In this issue...

Did You Know? Your membership at TIA is company-wide. This means all your employees and co-workers can Create An Account on TIA's website and access member benefits. We have education and resources for all areas of your business. Not to mention, they will be subscribed to receive Logistics Weekly and be notified on what is happening in the industry and how it affects the business operations. Please feel free to add your staff and outside sales representatives. Go ahead... Forward this on and make your co-worker's day... 

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Industry News and Advocacy

By Noël Perry, TIA Chief Economist. It’s a matter of fact and a matter of perspective: Let’s deal with the facts first. Economists loosely define a recession as two consecutive quarters of GDP growth less than zero. For the six quarters beginning in 2008: One, we had five when GDP shrunk. That’s a recession! This year the first quarter grew at 3.2% and the latest guess about the second quarter is 1.7%. That latter number is a disappointment for sure, but it is not a negative. No economic recession here.

DOL published an opinion letter clarifying that employers don't need to pay truck drivers for the time they spend sleeping. Although many drivers sleep in truck berths provided by their employer, DOL said the drivers need not be paid unless they're on call to work. The opinion was issued at the request of a family owned, long-haul trucking company.

TIA members are at the forefront of digitization of the supply chain, and are constantly challenged to keep ahead of changing technologies to build effective relationships with their customers and carriers.  The 3PL industry is made up of companies of all sizes, all of whom can relate to concerns about cybersecurity. Please help TIA understand how you are protecting your business from this threat, so that the Association can develop new tools and resources to help you and to help protect the industry.

The summer slowdown has arrived for spot market truckload freight. It’s typical for prices to drop around this time of year, as urgency stays low after the Fourth of July and rates have a hard time rising

Descartes
TriumphPay Repeats Demo Day 'Best in Show'
Triumph Business Capital
TriumphPay’s Jordan Graft and Melissa Forman showcased where the future of payments is headed at Transparency19 in Atlanta this May. Carriers and brokers can look forward to many new features from TriumphPay coming soon.
Watch the demo here.
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With warmer temperatures and longer days, the summer months can often be a time for employees to relax and recharge by spending more time away from the office. However, while half days, long weekends and family vacations are beneficial to employees, they can be challenging for company leaders to navigate.

Registry Monitoring Insurance Svcs., Inc.

Exhibit booth reservation requests for the 2020 TIA Capital Ideas and Exhibition can be made here. If you have questions, contact meetings@tianet.org.

 
Education

The supply chain is speeding up, every 3PL needs to become more efficient and speed up their operations in order to grow and thrive. A fast, reliable TMS platform is a foundational piece of software for every successful brokerage, and can enable 3PLs of any size to leverage additional solutions for freight visibility, back office automation, carrier sourcing and cash flow management.

Join Capital Logistics & Descartes Aljex to hear first hand how Capital put the necessary technology in place to empower their recent growth journey.

July 30, 2019
2-3 PM EST
Sponsored by: Descartes Aljex
Presented by: Capital Logistics, Descartes Aljex, and One Point Logistics 

REGISTER

Brokerage organization structures and compensation plans are constantly evolving to meet changing business demands, variations in economic cycles and company growth demands. From cradle to grave to functionally separate roles, there are many ways to organize a brokerage for growth, and many different compensation options that go with the different structures. This three-part seminar will take you through some of the more common organization structures and compensation alternatives in use by today’s top brokers.

August 13-15, 2019

1-2 PM EST

Presented by: Beth Carroll, Managing Principal, Prosperio Group

REGISTER

   

Sign up now for the CTB course that began July 1. The online exam will be administered on Sat., Sept. 28, 2019. The Certified Transportation Broker (CTB) Program is the most widely recognized designation among 3PLs and sets you apart from your peers. Learn more and register here.

"The CTB course was challenging but rewarding. The material provided insight into many industry topics that I had encountered, but never fully understood.”          – Kenton Sprayberry, BR Williams Trucking, Inc.

If you have any questions, please contact Sean Tucker, Education Manager, at tucker@tianet.org.

 

Infinity Software Solutions, Inc.
Spot Freight, Inc.
  

Special $225 Savings for TIA Members. The New Employee Package evaluates and makes your employees better. It Includes: New Employee Orientation, and The New Hire Assessment OR The Performance Predictor Assessment. Are you ready to stand out? Start your employees off on the right track and demonstrate your company’s commitment to success. 


 

Member News

EXPO has nine educational opportunities delivering insights to 3PLs, including “FMC’s Recommendations to Improve Freight Flows,” ”Growth Strategies for Non-Asset 3PLs,” and “Is TOFC an Endangered Species?” For those new to the industry, two Intermodal University sessions are also on the schedule. Have shipper customers that need to learn more about intermodal? Qualified BCOs attend for free.

Meetings

ACT NOW for Early Bird Registration for 3PL Technovations Conference! If you're looking to stay at the forefront of leading data technologies and make smarter, more informed decisions for your business, you won't want to miss this event and neither will your employees! Gain insights on blockchain, freight matching, economic shifts and more. We know you have options. Choose a technology meeting geared toward 3PLs and take control of the technology changes affecting your business. 

Register Today...

 Thank you to our 2019 Technovators 

   

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TIA Services - Discounted Business Solutions

In the May 2019 "What Are You Reading?" survey, TIA's flagship magazine, 3PL Perspectives, was ranked #1 among Brokers for printed materials. Magazine articles are written by a variety of 3PL industry leaders, including TIA members, and are the core of the magazine’s content, making it a great channel for you to extend your reach to all TIA members.

Are you interested in contributing an article to 3PL Perspectives? Contact Neil Humphrey at Humphrey@tianet.org for more information.

The Member Resource Library is a collection of guidelines and frameworks, contracts, legal cases and other resources to provide TIA Members with a knowledge bank for 3PL success.

You must be logged into the TIA website to access this library. Contact a member of TIA staff at 703-299-5700 if you need assistance.