Consumers don’t care about global parcel logistics in the same way they don’t care about septic systems, until they don’t work.
eCommerce is driving unprecedented parcel shipping volumes around the globe. It has created a virtual parcel tsunami at the borders that affects everyone in the retail supply chain including suppliers, freight forwarders, customs agents, carriers, and customers. The complexity of global parcel shipping is increasing, but so is the consumer demand for on-time delivery. The race is on to streamline this process.
Whether it’s ship from store or ship from supplier, retailers are implementing omnichannel shipping strategies to get closer to their customers to reduce delivery times and transportation costs. And customers expect more from delivery services than a package left on a doorstep. Increasingly, they want white glove services, especially for appliances, furniture, and other heavy items. These are services that retailers have provided with their own fleet or locally sourced carriers. This has left shippers with the challenge of managing a complex network of local delivery services providers. Multi-carrier is giving way to omni-carrier.
In today’s dynamic logistics environment, technology partnerships can create synergies that will provide shippers with the tools they need to stay ahead of the competition by improving delivery performance. All while saving money.
As reported in DC Velocity earlier this month, Pierbridge has partnered with Banyan Technology to help third-party logistics (3PL) companies greatly expand their transportation management capabilities.
A company is only as strong as its people. As Pierbridge continues to grow, we need to rapidly expand our team in both North America and Europe to meet the demand for our industry-leading parcel transportation management platform, Transtream.
Our software is a key component of our parent company WiseTech Global’s eCommerce strategy, which enables 8,000 logistics companies around the world to execute across the global supply chain. We are looking for the industry’s best people to help us continue our rapid growth path.
By Brian Beetz Manager, Regulatory Affairs & Corporate Responsibility Labelmaster
2018 was a relatively quiet year in the Dangerous Goods (DG) galaxy, with few major new regulatory changes and no unexpected surprises from domestic or international regulatory bodies. But that doesn’t mean there aren’t important changes you need to take into account.
As Labelmaster’s manager of regulatory affairs and corporate responsibility, I hear all the questions from our customers and partners about how best to comply with regulations. This gives me a firsthand look at which new regulations are making the biggest impact over the course of the year. Here are the most important regulatory developments for 2019:
eCommerce has caused an explosion in shipping volumes worldwide. The pressure is now on shippers to implement omnichannel fulfillment to get closer to their customers to achieve faster and less expensive delivery and offset the cost of “free shipping.” They have to ship anywhere, from anywhere: from fulfillment centers, stores, depots, and suppliers who could be located anywhere in the world. National and regional parcel and LTL carriers will continue to play a critical role in omnichannel shipping strategies, but the writing is on the wall, the demand is growing for more localized and specialized delivery services.
Whether it is processing holiday returns, shipping to consumers taking advantage of post-holiday sales, or moving overstock items back to manufacturers, shippers are already starting to feel the impact of the various carriers’ 2019 general rate increases.
As we have discussed in a previous blog, the average rate increase for the two U.S. major carriers is set at 4.9 percent, two times the rate of inflation, making it more important than ever for shippers to make competition work for them by utilizing a multi-carrier shipping strategy. This will continue to be a factor if 2019 is anything like 2018, which saw steady growth in accessorial fees and surcharges. Managing transportation costs for your company is critical, whether doing it yourself or with the help of a third-party logistics (3PL) provider, especially with customer expectations for free and faster deliveries.
As 2019 begins, so do the latest carrier General Rate Increases (GRI). As we discussed in an earlier blog, the announced U.S. carrier GRI is averaging 4.9 percent, or 2 times the inflation rate, making it more important than ever for shippers to utilize a multi-carrier shipping strategy.
While general rate increases in this range are nothing new to shippers, there are some things that shippers need to be aware of as they enter the new year.
Take a look around the Internet this time of year and you’ll find news articles and blogs filled with end-of-the-year lists. Well, who are we to not join in on the fun. So, when kicking around ideas for our end-of-the-year list, we decided to look at ourselves. Here is a list of five of our favorite—and most popular—blogs of 2018 so far. (Hey, this one may just beat them all, but we can’t see the future!)
The only thing that is constant is change. That saying is as true in today’s business world as it was when ancient Greek philosopher Heraclitus said it in one form or another in the late 6th century BC. For shippers, annual carrier rate changes are a constant, and they constantly increase.
A recent webinar by Pitney Bowes looked at those changes, some of the factors driving them, and things shippers can do to keep overall costs down. It was an excellent webinar offering a wealth of information, and we couldn’t help but share some of the insights. First, here is a summary of the announced general rate increases for next year for the three major U.S. carriers:
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