May 26, 2020
Logistics Weekly
In this issue...

Did You Know TIA has designated June as Member Appreciation Month, a time to recognize the outsized—and often underappreciated—role of the logistics industry within the greater transportation ecosystem? TIA’s month-long campaign will highlight the logistics industry and culminate in the celebration of the 2nd Annual National Logistics Day on June 28, 2020—an annual day to recognize and appreciate the importance of the logistics industry in our global and national economies.

Throughout June, TIA will be sharing member testimonials, information, facts, and figures across social media highlighting the important role played by the logistics industry and TIA’s 1,800 member companies. We encourage everyone to like and share these posts with your networks, being sure to use the dedicated hashtags #3PLProud and #NationalLogisticsDay!

Industry News and Advocacy

Final mile typically consumes 28% of your transportation budget, making it one of the most expensive and wasteful parts of your supply chain. It also makes it the ideal place to start looking for more sustainable methods. How do you turn that around and build a greener final mile?

HubTran

In this episode of TIA Delivers Podcast, we sit down with Jim Kenny, Ph.D., Professor Emeritus of Marketing at Western Illinois University, who provides follow-up to his recent TIA Virtual Lunch & Learn webinar, "The Surprising Simple Task Every 3PL Sales Rep Should Be Doing Right Now."

During the episode, Dr. Kenny discusses the importance between differentiation and positioning strategy, the importance of executing strategy, and the importance of connections built through verbal communications. Listen Now!

Beth Carroll and her team at Prosperio Group are collecting data for the 2019 compensation survey.

Participants who provide their compensation data will receive three-months of complimentary access to the online report. During these unprecedented times, it is vital to know what other companies are paying to avoid losing your top talent, or be left behind in your recruiting efforts when business resumes. And, it will! Please Note: We have moved to an all-digital format for the Compensation Survey and will no longer produce printed versions.

What you need to do to participate:

  1. Download the excel pay file.
  2. Complete pay file and return to measureup@prosperiogroup.com
  3. Complete the company demographics survey
  4. Register your company at measure-up.net.

As always, we adhere to all DOJ rules regarding compensation surveys. The more participation we have the more valuable the tool is for everyone. If you have any questions, please reach out to me at beth.carroll@prosperiogroup.com or 815-302-1030.

Registry Monitoring Insurance Svcs., Inc.
TriumphPay
Brokers Seeing Higher Margins Due To Technology Investment
InMotion Global, Inc.
It now appears the evidence is overwhelming. Brokers and 3PL’s leveraging new technology are raising their margins and lowering costs faster than those that don’t. In fact, 96% of brokers now say that technology like AscendTMS, TriumphPay, Smart Capacity, and Cargo Chief’s new human-like robot called Booking Assistant are helping to quickly eliminate labor costs and raise profit margins. Moreover, the right technology, when used properly, is clearly crowning the winners in the brokerage space.
Read More.
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Education

Your 3PL Market Report subscription includes rolling eight-quarter trends, fuel price comparisons, and allows 3PLs and industry observers to view how the industry is performing as well as compare their business to companies of a similar size. Each report also includes a summary by TIA's Chief Economist, Noël Perry. Subscribe now!

Better decisions lead to increased margin capture. Incorporating TIA’s Certified Transportation Broker (CTB) into your employee development and training plans expresses an investment in your team and a service commitment to your customers. Sign up now for the Q2 CTB course that began on March 30! The online exam will be administered on June 27, 2020. Learn More and Register Here.

 

"The TIA Certified Transportation Broker course was very challenging and was full of information that was new to me. I feel better suited to progress through my career with this certification and proudly would support anyone thinking of taking on this challenge to better their career knowledge."

–  Owen S., Navigator Direct, Inc.

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

Infinity Software Solutions, Inc.
McLeod Software
  Based on the popular 4th Edition of Freight Claims in Plain English, authored by George Carl Pezold & William J. Augello, which is often referred to as the “Bible” for freight claims. This “soup to nuts” virtual instructor-led training series will cover a wide range of issues and topics related to freight claims and freight claim recovery, including the basics of liability for loss and damage to freight in transit, bills of lading, burdens of proof, defenses, damages, limitations of liability, time limits, liability of carriers, freight forwarders, warehousemen, and other intermediaries.

It will define the liability of a broker for negligence, breach of contract, or when a broker holds itself out to be a carrier. It will explain how to can assist your customer in filing a claim against a carrier, the measure of damages, and the proof required for a claim against a carrier.

June 2, 4, 9, & 11 | 2:00 – 4:00 PM ET

Presented by Gerard F. Smith, Managing Partner, Pezold, Smith, Hirschmann, and Selvaggio LLC

Click Here to Register

Financial management can be a challenge for any company, big or small. With the new TIA Finance 101 course, you'll be able to define key financial terms to provide information on financial matters, understand the importance of credit, receivables, payables, gross and net sales.

  • Invest a small amount of time to have a big impact on your bottom line.
  • Built by industry experts with your brokerage business in mind.

Click Here to Register

 

Member News

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. Be sure to check out the latest additions to the library, including the recently updated Carrier Selection Framework and Framework to Combat Fraud.

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.

Meetings

TIA has officially rescheduled the 2020 Policy Forum to September 29-30 and transferred all registrations to the new dates. Join us at the JW Marriott Washington for another year of making your voice heard. For the latest details and answers to questions regarding registrations, accommodations, and more, please visit our Policy Forum Page.

As previously reported, the 2020 TIA Capital Ideas Conference & Exhibition has officially been postponed, but we're thrilled to announce it has been rescheduled for August 19-22. For the latest details and answers to questions regarding registrations, refunds, accommodations, sponsorships, and more, please visit our Capital Ideas Conference Updates Page.

Still in Austin. Same Hotel. Same Educational Sessions. Same Exhibitors. Same Sponsors. Same Experience. Just a Different Time.

 
TIA Services - Discounted Business Solutions

TIA is proud to serve our members by making available a New BOC-3 Process Service Program through Logistec/TTS, a premiere trade organization for third-party logistics companies in North America. Logistec/TTS has been an FMCSA registered Process Service Agency since 1993 and knows the ins-and-outs of the licensing and permitting business better than anyone, anywhere.

The FMCSA requires all transportation companies (motor carriers, brokers, and freight forwarders) to have a BOC-3 Process Service on file. The BOC-3 filing designates a transportation company's process service agent on record for every state in which they operate or have contracts. Not having a valid BOC-3 on record with the FMCSA can jeopardize your authority to operate. 

With more than 50,000 processed applications and 25+ years of industry experience, Logistec/TTS has designed a discounted program for TIA Members to support business success through their knowledgeable team of experts who’ll help you navigate through cumbersome state and federal registration requirements and forms to obtain and maintain your operating authority.

We know you and other TIA members are looking for tools and support to help you meet today’s business challenges. Additional information on this program can be found here or by contacting us at info@tianet.org