The Collaborative Logistics Newsletter, Volume 16: Carriers Hike Rates, Canadian Ports Reopen, and Automation Stalls
Welcome to the newest edition of the "Collaborative Logistics" Newsletter!
In this edition, we have the following content to keep you up to date on everything logistics!
Major freight carriers have announced a general rate increase (GRI) that will allow them to effectively address the current challenges plaguing the trucking industry. For many of these carriers, such as Old Dominion Freight Line, the GRI will take effect in December, while a few others, like parcel major FedEx, will kick-start their GRI in January. Following an elongated strike that saw many of the major ports across Canada slowly grind to a halt, the government has stepped in, ordering labor disputes to be resolved through binding arbitration.
For the majority of freight shipments, standard transit times are good enough to keep the flow of goods moving so business operations are maintained. However, companies often lean on expedited transportation for a variety of reasons. It could be that:
Regardless of the reason, expedited transportation cannot happen effectively without a high degree of visibility into each shipment: the ETA, location at each scan, weather, etc. Visibility and tracking are always important, but never more so than for these types of urgent shipments.
Manufacturing logistics is all about ensuring that raw materials and finished products get to where they’re supposed to be, when they’re supposed to be. And technology is transforming how companies approach manufacturing logistics. There are so many processes that fall under sourcing, production and distribution, each with opportunities to gain efficiency and shave costs.
COGISTICS Transportation, a provider of innovative 3PL solutions, is committed to harnessing cutting-edge technology that helps optimize manufacturing logistics. This helps companies not only streamline operations but also realize cost savings and improve customer satisfaction.
Seamless Freight With COGISTICS Transportation
COGISTICS Transportation stands out with its customer-centric approach, deep industry knowledge, and commitment to innovative, eco-friendly solutions. We excel at expedited freight, transforming logistics challenges from air, land, and ocean freight operations into strategic advantages around the clock and worldwide. Our commitment to your success is unwavering, focusing on enhancing efficiency, visibility, peace of mind, and expedited freight. Book a meeting with us today.