FreightWise Acquires Kuebix: An Exciting New Chapter in Supply Chain Innovation
Embracing the Challenge of Growth and Excellence
Embracing the Challenge of Growth and Excellence
UPS announced a rate increase for 2024. This is consistent with FedEx. Review your shipping strategy for cost efficiency.
FedEx has announced a General Rate Increase for 2024. We have highlighted specific rate increases so you can tailor your shipping plans and budget.
Embracing the Challenge of Growth and Excellence
Ernst & Young LLP (EY US) today announced that Chris Cochran, CEO of FreightWise, LLC was named an Entrepreneur Of The Year ® 2023 Southeast Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.
When managing your supply chain operations and logistics performance, it’s important to be aware of which carriers you are leveraging for fulfillment and the core strengths of their coverage. Often a single-threaded approach with one LTL carrier is not the best way to optimize your logistics costs.
LTL pricing is complex. There are many factors that are taken into account when pricing a shipment, primarily centered around how much space a shipment takes up on a truck and how much the shipment weighs. This brings us to the topic of NMFC classes- a critical component of getting best-in-class rates.
There was a time when choosing the mode for a less than truckload shipment was easy: less than 150 lbs = parcel, 150 lbs or more = LTL. Rising freight costs and new service offerings have made this decision more complicated.
Many shippers don’t truly understand the importance of an LTL rate base. If you use LTL to move your freight, it is critical to understand this information in order to minimize your costs and choose the carriers that best fit your business.
What is your company’s average e-commerce cart abandonment rate? In a recent meta-study, the average cart abandonment rate was nearly 80%. Learn four ways to help prevent shopping cart abandonment due to high shipping costs.