by logisticsplus | Oct 11, 2016 | News
Less-than-truckload (LTL) shipping refers to relatively small freight deliveries that are too large to be classified as parcels and too small to fill an entire truck (i.e., full truckload). When obtaining LTL freight quotes for such shipments, carriers generally tend to consider anything between 150 and 5,000 pounds as a typical LTL shipment. Shipments over 5,000 pounds can also move via LTL carriers, but may require a spot or volume quote to obtain the best pricing. Because many LTL shipments move from small- and mid-sized businesses that lack sophisticated logistics or transportation departments and software, shippers are often not aware of how best to save time and money in this aspect of their business.
Logistics Plus recently participated in a good cover-story article titled “18 Sure-Fire ways to Save on LTL” that appeared in the September 2016 issue of Inbound Logistics magazine. Although we won’t list all 18 of those tips, here are a few noteworthy ones:
- Focus on the net cost. Discounts can be misleading. When shippers get a big discount from a carrier, they often think it’s a great deal; but there are so many other factors to consider, including the fact that “list price” base rates vary from carrier to carrier and from lane to lane. So an 80% discount off one carrier’s base rates may actually be more expensive than, say, a 75% discount from another base rate schedule. That’s why it is important to focus on only the total net cost, and not the discount (as we do here at Logistics Plus).
- Factor distance into the decision. Do you need a national or a regional LTL carrier? Some shippers will ship regional shipments with national carriers and, more often than not, pay a premium to do so. Similarly, some regional carriers will provide national service through “interline” partnerships with other carriers. Oftentimes these services will add additional days to the delivery of your shipment, and will require additional handling which increases chances for damages to occur. One of the benefits of working with Logistics Plus is that our eShipPlus transportation management system (TMS) will provide all of the national and regional carrier options best-suited for your shipment in one view.
- Consolidate orders. When Logistics Plus provides a free freight analysis for a client, we occasionally uncover multiple shipments to the same location on the same day. Consolidating these orders into one shipment will be more cost-effective for you, and probably more efficient for your customer to receive as well. Similarly, when companies ship LTL from multiple facilities or locations, there may be an opportunity to centralize the decision-making for that freight spend and leverage it for better freight discounts.
- Work with a 3PL. As noted above, an established and reputable 3PL can help you find the best rate, identify opportunities for more efficient shipping, audit and consolidate freight invoices, track and trace your critical shipments, and provide access to TMS technology.
If you’d like to work with Logistics Plus for any upcoming LTL freight quotes or services needs, simply click the button below to get started. Our 20-year LTL freight experts stand ready to help!
If you’d prefer to shop for your own carriers and rates, we can also provide you with complimentary access to eShipPlus.
by logisticsplus | Oct 7, 2016 | News
With today being Manufacturing Day 2016, Logistics Plus would like to acknowledge and celebrate the positive impact that manufacturers and the manufacturing industry have to our global economy. Manufacturing Day℠ (MFG Day) is a celebration of modern manufacturing meant to inspire the next generation of manufacturers. As a part of this year’s Manufacturing Day celebration, the Manufacturer & Business Association (MBA) – in conjunction with Techfest (and with the support of numerous other sponsors) – hosted its third annual all-day Erie MFG Day event at the Bayfront Convention Center this past Wednesday (October 5th).
This year’s Erie MFG Day event featured more than 50 exciting exhibits, programs and demonstrations designed for participants to experience innovative manufacturing technology in a hands-on, interactive environment, as well as luncheon keynote speaker Easton LaChappelle. LaChappelle, whose appearance was presented by Howard Industries, is an inspirational inventor and founder and chief executive officer of Unlimited Tomorrow.
The Erie MFG Day event preceded the MBA’s 111th Annual Event which showcased keynote speaker and “Shark Tank” star Robert Herjavec. Since Logistics Plus was a major sponsor for the event, our owner and CEO, Jim Berlin, was proudly recognized during the ceremonies. The Flickr photo album has some photos from the evening.
by logisticsplus | Sep 30, 2016 | News
Logistics Plus media partner, WP$E Radio, continues to air short audio clips from Jim Berlin and others within the company as part of its business programming. WP$E AM 1450/FM 107.1 is a commercially licensed radio station serving Erie County, Pennsylvania. The station is owned by the Penn State Board of Trustees, and it is operated by Penn State Behrend, under the direction of professional broadcast staff. In addition to providing a one-stop source for global and financial news, WP$E also airs ongoing commentaries from regional business leaders.
Here are some recent audio clips from WP$E Radio with Jim discussing our recent 2-million pound gas tanks shipment, new warehousing, and global logistics (click icons below to hear audio replays).
From Large Locomotives to 2 Million LB Gas Tanks
We’re a Logistics Management Company
Growing Through Word-of-Mouth and Referrals
New 272,000 Square Foot Facility in CA
Only Global Logistics Company HQ in Erie
by logisticsplus | Sep 29, 2016 | News
FOR IMMEDIATE RELEASE
Logistics Plus Enters Sixth Year as a SmartWay Transport Partner
Company fulfills SmartWay Partnership environmental requirements for 2016.
ERIE, Pa. (September 29, 2016) – Logistics Plus Inc., a leading worldwide provider of transportation, logistics and supply chain solutions, is pleased to announce it is entering its sixth consecutive year as an approved SmartWay® Transport Partner after the U.S. Environmental Protection Agency (EPA) recently renewed its membership status for successfully fulfilling the SmartWay Partnership requirements for 2016.
SmartWay is the EPA’s initiative to reduce the carbon footprint of the freight industry. It is a voluntary partnership between shippers, carriers, logistics companies, and the EPA created to reduce the amount of air pollution caused by the transportation supply chain industry, while also using technologies to help reduce fuel costs. Since 2004, SmartWay partners have saved over 7 billion gallons of fuel, lowered fuel costs by $24.9 billion and reduced carbon emissions by 72.8 million metric tons.
Logistics Plus first joined the SmartWay initiative in 2010 with the goal of improving its impact on the environment. Each year performance data is submitted and reviewed to qualify as a SmartWay partner. Approved companies are posted on the EPA website at https://www.epa.gov/smartway/smartway-partner-list and confirmed as an active SmartWay Partner.
“By measuring, benchmarking, and assessing our freight transportation activities, we’re able to make better choices that reduce greenhouse gas pollution,” said Steve Srnka, compliance attorney for Logistics Plus. “Our continued SmartWay approval confirms to our customers and partners that Logistics Plus is committed to doing its part for environmental sustainability.”
Learn more about the EPA’s Smartway program at: http://www.epa.gov/smartway/
The updated Logistics Plus SmartWay Transport Partner certificate can be viewed at: https://www.logisticsplus.com/SmartWay
About Logistics Plus Inc.
Logistics Plus Inc. provides freight transportation, warehousing, global logistics, and supply chain management solutions through a worldwide network of talented and caring professionals. Founded in Erie, PA by local entrepreneur, Jim Berlin, 20 years ago, Logistics Plus is a fast-growing and award-winning transportation and logistics company. With a strong passion for excellence, its 400+ employees put the “Plus” in logistics by doing the big things properly, and the countless little things, that together ensure complete customer satisfaction and success.
The Logistics Plus® network includes offices located in Erie, PA; Alma, AR; Little Rock, AR; Los Angeles, CA; Riverside, CA; San Francisco, CA; Visalia, CA; Atlanta, GA; Chicago, IL; Detroit, MI; Kansas City, MO; Charlotte, NC; Lexington, NC; Buffalo, NY; Cleveland, OH; Charleston, SC; Greenville, SC; Nashville, TN; Dallas, TX; Fort Worth, TX; Houston, TX; Laredo, TX; Madison, WI; Bahrain; Belgium; Canada; Chile; China; Colombia; Egypt; France; Germany; India; Indonesia; Kazakhstan; Libya; Mexico; Poland; Saudi Arabia; Turkey; and UAE; with additional agents around the world. For more information, visit www.logisticsplus.com or follow @LogisticsPlus on Twitter.
Media Contact:
Scott G. Frederick
Vice President, Marketing
Logistics Plus Inc.
(814) 240-6881
scott.frederick@logisticsplus.com
Click image below to download the Logistics Plus logo:
by logisticsplus | Sep 27, 2016 | News
U.S.-based less-than-truckload (LTL) carriers continue to announce their annual LTL general rate increases – or GRIs – earlier than in previous years. GRIs, which tend to be in the 4-6% range every year, are intended to offset carriers’ rising costs for new equipment, real estate, technology, and employee wages. Unfortunately, GRIs typically have the greatest impact on small- and medium-sized shippers who are not under contract with the carriers. The majority of LTL freight shipments that move under large-shipper contracts are usually not affected by general rate increases.
So far, here are the LTL carriers that have announced fall rate hikes:
- ABF Freight – 5.2% effective 8/29/16
- YRC Freight – 4.9% effective 9/5/16
- UPS Freight – 4.9% effective 9/19/16
- Old Dominion – 4.9% effective 9/26/16
- Roadrunner – 4.9% effective 9/26/16
- XPO Logistics (Con-way) – 4.9% effective 9/26/16
- Estes Express – 4.9% effective 10/17/16
- FedEx Freight – 4.9% effective 1/2/17
Most of the other LTL carriers implement similar GRIs without publicly announcing them. With the majority of LTL business moving among the top 25 carriers, pricing discipline in the industry remains strong despite sluggishness in the overall economy.
So how can small- and medium-sized shippers insulate themselves from these significant increases?
One sure-fire method is to work with a third-party logistics company that has pre-negotiated contracts with all of the carriers that fall outside the scope of their standard GRIs. At Logistics Plus, we have agreements in place with almost all of the major LTL carriers that operate outside the influence of their standard, annual rate hikes. We do review these contracts periodically and, when warranted, allow our LTL carrier partners to increase rates slightly to offset their increases in costs. However, such increases are almost always well below the GRIs imposed on the broader shipping community.
So if you’re looking to mitigate annual LTL carrier GRIs and create greater pricing predictability for your freight transportation spend, click the button below to get started with Logistics Plus. Let us worry about LTL carrier rates and negotiations so that you can focus on growing your business.
