Freight brokers and logistics companies (also referred to as Third Party Logistics, or 3PL) are often thought of as similar in their function, but actually have different approaches to moving freight. Small companies are often faced with the choice of using a Freight Broker or logistics company but are often confused about the differences. It's easy to do because many core functions overlap.
Topics: Third Party Logistics (3PL)
Though we haven't quite made it to having our groceries delivered by drone, the way consumers and retailers acquire what they need has changed radically, and will continue to do so for the foreseeable future. A quick look at a topic like "the future of retail" indicates that traditional models of the distribution of consumer goods are fast disappearing.
Topics: Supply Chain Efficiency
Electronic freight management (EFM) is a critical solution for any logistics business today. By 2020, the amount of freight shipped is expected to increase by up to 70 percent from what it was in 1998. The competition for transportation will continue to increase as a result. With this type of freight management system, and its digital freight matching capabilities, a single source logistics partner can get access to potential transportation deals you would never have had in the past. This access to thousands of carriers and independent contractors continues to transform the landscape of modern logistics. Digital freight management also helps to maintain a standardization in shipping and allows you to determine your areas of inefficiency and streamline the bottlenecks.
For businesses engaged in manufacturing, import, export, transport and trading of commodities, warehousing plays an important role in facilitating an effective supply chain. This is why it is important to choose a logistics partner that will meet ALL your transportation needs including storage.
Globalization presents numerous opportunities that businesses can explore. This is one of the reasons why a good number of businesses opt to outsource logistics services in an effort to streamline and improve their operations. However, in order to make the most of these services, it is important to understand how the entire process works. One of the critical links in the logistics chain is referred to as drayage.
That banana you ate for breakfast had quite an adventure on its way from a tree in Ecuador to your kitchen. A good part of it was in a high-tech temperature controlled shipping container, followed by a week's stay in a land-based "forced ripening" center. The air inside, plus small amounts of banana-ripening gases, is kept at a temperature of between 55 and 65 degrees F. Only then are they trucked to your local Kroger and put out for sale.
A couple of centuries ago, astute business leaders appreciated the unique qualities of Savannah’s coastal location where the Savannah River separates our historic Georgia city from the southern tip of South Carolina. Founded in 1733, Savannah had already developed into a prosperous Atlantic port city by time of the outbreak of the American Revolutionary War. The Royal Navy quickly captured this strategic outpost; British troops occupied Savannah until July, 1782.
Like your industry, the logistics world saw some big changes in 2018, with more on the horizon for 2019. By way of review, here are a few of the things we're keeping an eye on:
Working with superior single source logistics partners will increase your profits. It will also improve your internal employee job satisfaction levels, speed up delivery times to your end users, improve customer service, allow for quick adaptation to the ever-changing market and provide you with a competitive advantage. The right shippers and 3PL partnerships will improve your bottom line because they are able to offer certain services that would cost your business too much to be comfortably profitable.
Topics: Supply Chain Efficiency
It’s a Wonderful Life- for Port City Logistics here at the Port of Savannah
Imagine life in Savannah without the Port and the businesses that support it. You certainly wouldn’t see news like this, reported in a recent editorial in Savannah Now.
Topics: Port of Savannah