Learn strategies for maintaining access to needed resource capacity and see what is forecasted for Parcel, Truckload, LTL and International transportation

Transportation Rates Forecast: Q2 2021

Get the full picture of parcel peak-season, LTL capacity constraints and record truckload rates with our Transportation Rates Forecast Q2 2021

Truckload Transportation Market Conditions

  • Truckload transportation rates forecast to remain high but steady, then increasing during capacity crunch season, which accompanies the produce season and leads up until the July 4 holiday.
  • Fuel prices are part of the conversation again. EIA forecasts predict summer diesel prices will be higher than last year but then reflect a normal dip.
  • Most equipment types (van and reefer) are experiencing a drop in demand, but do not expect a dramatic effect on rates.
  • Short-term contracts will come at premium rates and so will spot market pricing, but tender acceptance will be good.
  • International Road Check may cause disruption May 4-6 and into the following week. Demand may increase due to reduced freight movement during the highway safety inspections.
  • Advice for Q2: Maintain consistency with your carriers, trying to contract where possible to avoid an elevated spot market. Care­ful procurement practices in the months ahead (contract vs. spot market freight) sets the stage to capture downward price trends in the second half of 2021.

Less-than-Load Transportation Market Conditions

  • Demand on LTL capacity is unprecedented, driving some carriers to decline new or expanded business in order protect service to their existing customers.
  • Expect embargoes to continue in lanes affected by volume spikes and capacity constraints.
  • Carriers continue to scrutinize each piece of business, monitoring payables, escalating collections, limiting credit and diverting capacity to “shipper of choice” customers.
  • Pricing renewals are increasing and so are rates sought by LTL carriers, especially those emboldened by aggressive new price “right-sizing” promised by UPS Freight’s new owners, TFI International.
  • Q2 Advice: Rely on analysis – not rates – to achieve savings. There’s no ground to gain in procurement and rate negotiations, but routing decisions and least-cost carrier selection will maximize your transportation dollars.

Small Parcel Transportation Market Conditions

  • Both UPS and FedEx are taking a more intentional approach to pricing.
  • FedEx rebrand from SmartPost to Ground Economy opens opportunity for broad pricing adjustments focused on improving revenue quality of packages delivered.
  • UPS “better not bigger” approach is emerging: evaluation of customer contracts, volume caps and negotiation of mid-term increases to certain customers.
  • Capacity challenges continue for FedEx, UPS and every major regional small pack­age carrier, allowing each to be selective on the volume they accept.
  • Peak surcharges and certain suspended service guarantees spurred by COVID continue – but for how long? UPS and FedEx re-instated guarantees for some services, but we expect many others to be suspended until the country re-opens more fully.
  • The UPS move to zonal pricing for Additional Handling Surcharge and the Large Package Surcharge will have a material impact for many shippers.
  • Fuel surcharges are escalating quickly since the start of 2021.
  • Advice for Q2: Begin planning for Christmas 2021 today. Lessons learned through expert analysis of your 2020 data can help you design a small parcel program that protects your profit margin, controls cost and supports service to your customers.

International Transportation Market Conditions

  • Lingering effects of the Suez Canal disruption will continue for several months.
  • Port congestion has expanded beyond West Coast backlogs to include East Coast ports, and booking availability is sparse after an over-booked April.
  • Ocean rates remain high, capacity is still extremely tight and the challenges in the domestic logistics funnel (drayage and rail) remain high.
  • Tightening ocean capacity is driving up demand and rates for air freight.
  • Advice for Q2: Reassess your inventory strategy. Global supply chain disruptions highlight the weakness of lean, just-in-time practices and may emphasize your need for additional buffer inventory, especially if your e-commerce fulfillment relies on import/export activity. Contingency planning should be part of each strategic planning meeting as we go through 2021.

Indirect Spend Market Conditions

  • E-Commerce demand is growing faster than capacity and packaging costs continue to climb.
  • Corrugated prices increased 10-12% in March – on top of increases announced in November 2020.
  • Expect stretch film manufacturers to announce another increase in April.
  • Paper board tubes and cores are increasing at least 6%.
  • Lead times are expanding out to 4-8 weeks.
  • Costs are up 17% since November 2020 on recovered paper and old corrugated containers (OCC).
  • Two large office supply providers announced copy paper increases of 6-8% in March.
  • According to the ISM Report on Business, activity in U.S. manufacturing grew for the 10th consecutive month in March, reaching a PMI reading of 64.7 – the highest in 37 years. The U.S. Industrial Production Index registered 104.65 in February – up 13.38% since March 2020.

Economic Conditions: Diesel Fuel Prices Climbing

U.S. diesel fuel prices have climbed 32.1% from a low in November. That is affecting transportation costs. Parcel carriers are escalating fuel surcharges, and fuel costs will be an increasing factor for over-the-road freight. The Energy Information Administration (EIA) forecasts summer diesel prices will be higher than last year.

Energy Information Administration’s Diesel Fuel Prices through May 10, 2021.

Average retail price per gallon was $3.18 on May 10, up 4 cents from May 3, but still below the March 22 peak of $3.19, the highest average since Dec. 3, 2018. Diesel fuel prices averaged $2.55/gal in 2020. EIA’s updated 2021 forecast, as of May 10, is an average $2.97/gal., a 3-cent increase compared to last month’s estimate.

Economic Conditions: Transportation Costs Affect Profit

The Producer Price Index (PPI) measures cost trends for everything manufactured in the U.S. This custom performance index reflects the rate of PPI change compared to the rate of change in transportation costs.

Producer Price Index compared to increasing transportation rates from 2007 through Q1 2021.

Performance indices for Parcel, LTL and Truckload increased year-over-year and quarter-over-quarter as capacity constraints persist across all modes. Of note, costs increased 13.85% YOY for truckload. LTL increased 7.85% compared to 2020, and 9.59% compared to Q1. Parcel continues to lead all indices, climbing 5.84% since last year and 6.52% since last quarter.

Economic Conditions: E-Commerce Sales Climb Continues

Total estimated e-commerce sales for 2020 reached $791.7 billion, an increase of 32.4% from 2019.

E-commerce sales in 2020 accounted for 14% of all U.S. retail sales, which increased 3.4% in 2019.

Fourth quarter e-commerce sales reached $245.3 billion, a 23.1% increase over third quarter 2020. Year-over-year, the fourth quarter 2020 e-commerce estimate increased 32.1% compared to the same period in 2019.

Looking ahead, expect Amazon Prime Day on June 21-22 to drive an uptick in e-commerce activity, as well as a bump in small parcel volume.

E-Commerce Retail Sales as a percentage of retail sales continue to climb, reaching a peak at the start of pandemic in Q2 2020.

U.S. Department of Commerce announces e-commerce retail sales estimates for Q1 2021 on May 18.

Transportation Industry Outlook: Q1 2021

Truckload Forecast: Rate Increases Continue

  • Given ongoing capacity constraints, the truckload market will see rates continue to increase for at least the first half of 2021.
Expect Q1 Truckload rates to increase 3-5% for contracted lanes and 5-7% on spot market bids.

  • More shippers will lock in contractual rates.
  • Expect an uptick in tender acceptance and improved ability to move freight with primary, secondary and tertiary carriers.
  • Stabilization and loosening of West Coast intermodal volume allows shippers with network visibility to seize cost savings. Expect some stabilization after the Chinese New Year.
  • Capacity will improve and alleviate rate pressure following a boom in new equipment purchases.
  • Working with Transportation Insight helps make you a shipper of choice to mitigate rate increases, strengthen service and improve access to capacity.

LTL Forecast: Freight Capacity Shortages, Volume Levels Increase

  • Expect capacity shortages, service charges and elevated rates to continue.
  • LTL volume levels will maintain or increase throughout 2021.
  • Carriers continue to be selective about the new business they accept.
  • Service challenges will continue in California in the foreseeable future
  • Detention and storage charges have become more common.
  • Shippers who continually switch carriers to improve service may find their efforts fruitless. Conversely, “shipper of choice” practices deliver rewards.

Small Parcel Forecast: Surcharges, Cost Complexity Continue

  • UPS reinstated Pre-Holiday Peak Surcharges until further notice:
    • UPS Ground Residential Service and UPS SurePost, as well as large packages and those that require additional handling.
    • Surcharges on Ground Residential and SurePost packages will apply to any shipper that has shipped more than 25,000 packages in any single week since February 2020.
  • FedEx Peak Surcharges will continue, with new rates implemented for some services until further notice:
    • 75-cent SmartPost surcharge – down from $1-$2 in place for the holiday season, but higher than the 40-cent surcharge in June.
    • $30 surcharge on oversized package – down from current $52.50
    • Additional handling will be reduced from $4.90 to $3.
    • Expect a competitive, but rational parcel shipping landscape to emerge later this year.
  • Look for more parcel competitors to grab opportunities the larger carriers are overlooking. Heightened competition will benefit shippers who can optimize carrier utilization.
  • Make sure you understand how carrier limitations and geographic volume/service trends affect your unique shipments.
  • Coming April 11, UPS changes to zonal pricing for its Additional Handling and Large Package Surcharges.

International Forecast: Record Rates, Equipment Sparse

  • International shipping demand is unseasonably high.
  • Capacity is committed for much of Q1, especially up to and through the Chinese New Year.
  • Equipment availability is sparse in most Asian markets.
  • Expect rates to remain at record levels, even after the Chinese New Year allows the industry a chance to catch up, before looking at any stabilization.
  • New federal administration might eventually bring trade compliance changes, but too early to tell how China 301 will be affected.
  • Port and rail congestion are causing ripples in cost and service across domestic transportation modes.
  • E-commerce demand and vaccine distribution will continue to drive capacity challenges far into 2021.

Indirect Spend Forecast: Packaging Costs Increasing

  • Resin prices continue to push up with major manufacturers Dow, Chevron and Exxon Mobil announcing additional increases in January 2021. Combined with the mid-year 2020 increases, costs of poly-based packaging products are up 20-25%.
  • Linerboard manufacturers pushed through a paper increase of $50 per ton in late November, driving up corrugate prices.
  • The ISM Report on Business closed December at its highest reading for manufacturers in 2.5 years, with a reading of 60.7%. The New Orders Index and Production Index was above 60% for the sixth straight month.

Ocean Transportation Woes Ripple Freight Supply Chains

Ocean Transportation is Affecting Your Freight Movements

Global supply chain challenges we still face in the wake of pandemic will only become worse as the latest global incident ripples across international and domestic transportation networks for months to come.

Before the Suez spectacle unfolded across the world’s media in March, the international freight-shipping environment faced a capacity crunch, high rates and slowdowns on the West Coast ports. Many companies have already been considering strategic changes to their supply chains, including their inventory management philosophy.

Now that traffic is moving again through the shortest route between Europe and Asia, let’s examine how this ocean transportation disruption unwinds for North American shippers moving freight in the months ahead.

Ocean Transportation Rates, Capacity in Q2

Rates have not contracted at all through the first of the year. Ocean shipping saw 12 consecutive general rate increases starting in June and ending in October. Rates have remained high ever since – even through the traditional drop in demand between the end of peak season and the Chinese New Year.

Much of this is due to an ongoing capacity crunch. The logistics funnel is feeling the impact of domestic challenges for rail and extremely high demand on drayage, especially for the West Coast ports. Conditions there improved slightly, but just as we saw light at the end of the tunnel with 18-20 vessels in line to unload container shipping halted in the Middle East.

Now the port problems extend to the East Coast. Shippers will struggle to find bookings for April and May arrivals, especially as retail based BCOs (beneficial cargo owners) are claiming significant capacity through the canal into Houston.

In the immediate term, we could see upward pressure on ocean rates. Some have already reached “fall-out-of-the-chair” levels. Plus, with less available capacity on the ocean side, there is a big demand on air freight for shippers and importers that cannot wait on a delay. That will drive a spike in air freight rates in the near term, illustrated by an uptick of $3 per kilo over the past few weeks.

Capacity Challenges Beyond Shipping Containers

Not all of the capacity problems are about containers shipping on the water.

It will take weeks if not months for ships slowed in the Suez to arrive at destination. The larger problem: all those vessels are already booked into peak season. If one vessel is caught up in the Suez or the West Coast situations, and they are put three weeks behind, that trickles down into the rest of the sailings.

To be clear, I am still bullish on the ocean transportation market. Ocean carriers are making record returns on high rates. But we should all know, vessel operators do not like the operational challenges any more than the BCOs. The next 10 weeks are critical in bringing the industry in order prior to peak ocean shipping season in 2021.

Some predict there is a two-month window where the industry can catch up with itself. That prediction assumes nothing else happens before late summer. As we have learned in the past 18 months, there are few assurances as far as once-in-a-career calamities are concerned.

International Trade Compliance is Still on the Radar

U.S. Customs and Border Protection (CBP) is very active right now and operating in a revenue-generating mindset. Trade enforcement officers are proactively examining the ACE Portal. They are trying to find situations where a shipper is manipulating the Harmonized Tariff System to limit the impact of tariffs and duties.

Meanwhile, there does not appear to be any immediate movement on trade relations with China, or with China 301. Your compliance protocols require the ongoing scrutiny applied during the previous federal administration.

With the extraordinary amount of activity coming through the ports, CBP faces similar capacity challenges to BCOs, vessel operators and port operators. The difference: trade enforcement officers have technology to help which is always powerful.

Adapting to Disruption in Ocean Transportation

Problems in the Suez Canal add another big supply chain disruption on top of the COVID-19 whiplash, which is still causing massive challenges. Of course, supply chain disruptions come in different categories. COVID was a one-time event. In some ways, the Suez was, too.

When multiple “one-time events” come in quick succession, however, many companies begin thinking about their broader supply chain strategy. One glaring learning from the pandemic: an over-dependence on the import supply chain, particularly with China, have become unbearably problematic.

Import volatility has pulled inventory management into the spotlight. International just-in-time planning for inbound materials became part of a very leaned-out supply chain for many companies. Some of those organizations are reassessing their inventory approach, realizing you cannot sell it if you do not have it.

Erring on the side of caution, moving an organization from just-in-time inventory to a just-in-case buffer inventory brings its own challenges. Our warehousing partners are not only at capacity but also reluctant to acquire more space. They fear the next disruption around the corner – or the ever-growing area that is e-commerce.

We are still feeling that bubble. COVID caused us all to start shopping online. Now that health risks are receding, convenience and consumer habits will only build the e-commerce retail channel that grew 32.4 percent last year compared to 2019.

That presents a puzzle of balancing inventory build to limit cost and operational needs against the prospects of e-commerce growth and developing the volume of inventory required to service digital sales needs. The last thing you want is a customer visiting your site only to find you are out of stock. Two clicks to your competitor is simply too close for comfort.

Mitigate the Risk of Ocean Transportation

In the long-term, costs rule most transportation planning strategies. The past 18 months have taught us that other factors need to be in focus as well. That is why Transportation Insight initiates broader supply chain conversations with our customers. Controlling cost while effectively managing the movement of your freight across your end-to-end supply chain relies on numerous factors.

We take the larger picture into consideration. We help shippers evaluate the transportation environment and determine the right go-forward strategy that controls cost and protects service. That may mean analyzing options for re-shoring or near-shoring. It may also mean leveraging deep data analysis to help you identify the inventories of materials or finished goods that are most critical to the success and growth of your organization.

And with the uncertainty of e-commerce, we focus on providing hybrid-digital solutions that evolve alongside your business to meet your needs as they change.

For a deeper dive into transportation management for the months ahead, register for our Q2 Transportation Trends webinar. It features forecasts and analysis from our multi-modal experts in truckload, less-than-load, small parcel and international ocean transportation.

LTL Freight Shipping Faces Pressure on Capacity and Rates

Some LTL carriers are declining new business – even expanded volume from existing customers. I have never seen that happen. Others are selective about the freight they will move. Even the best LTL freight shipping carriers are missing pick-ups because they lack the equipment and workforce required to keep up with demand.

And hard to believe the constant embargoes that continue to be announced in North America’s largest transportation hubs.

While circumstances seem severe, I believe it is only a matter of time before the market corrects again. Until then, your ability to control your LTL freight shipping costs depends on proactive steps that will also go a long way toward protecting your service.

LTL Freight Pricing Renewals Increase

Carriers continue to closely examine their business, their customers and their operating margins. We are seeing an increase in both the volume of pricing renewals and the rates carriers are seeking in those requests. Double-digit cost increases are even emerging for customers with dense “cubed” freight, often the most lucrative shippers for LTL carriers.

Expect that to continue in the second quarter, especially if carriers try to capitalize by market chatter in the wake of the sale of UPS Freight to TFI International whose CEO is promising to bring a new “level of profitability” for the LTL services provider now branded as TForce Freight. Other carriers may try to capitalize on a rate-increase environment, and that could drive all pricing up.

Beyond renewals, LTL carriers are scrutinizing payables closely. In the 2020 pandemic peak, aging grew for many shipper balances. Remote environments slowed the manual paper trail for many businesses. Leeway granted last year has disappeared, and conversations around outstanding bills are becoming more serious for anyone who slips past payment terms.

Slow- and no-pay shippers are often the first targets for LTL carriers with more freight than they can handle. Customers who don’t pay on time – usually 30 days depending on your agreement – may be put on “cash only” terms until the outstanding balance is resolved. In extreme cases, carriers may hold freight – instead of dedicating LTL delivery capacity to customers who pay on time.

LTL Capacity Drives Freight Acceptance

It is not unusual for LTL freight service providers to be selective about the business they accept or the freight they move. In 2018-19 when capacity was tight, we saw carriers avoid long freight or over-sized shipments. When they accepted loads with unusual sizes, they increased the charges for it.

Now even extra charges will not sway service. Carriers are scrambling to rent trailers, hire workers and move freight. They are doing the best they can, but embargoes are still occurring in lanes where capacity gets too tight.

Ordinarily, Q1 brings a slow period for LTL carriers – a time when they can catch up ahead of the traditional peak months starting in August. Without that recovery time, some are declining new business during Q2 this year. We’ve seen some carriers not accepting any RFQs, even for existing customers adding volume – for new locations or additional business of their own.

Simply put, LTL carriers are concerned about the volumes they face when the traditional uptick in business occurs. Inventories are low for many retailers. Manufacturing and distributors are playing catch-up. If that continues into the fall, a tight capacity environment may continue throughout the year.

If that scenario motivates more carriers to decline new volume, keep in mind they are doing it to protect the service they are providing to their existing customer base.

Internal Steps for Better LTL Service

“How can I become a better shipper?”

The answers to that question can go a long way toward controlling your LTL freight shipping costs in the months ahead. Your LTL service provider knows what to do to take cost out of their business. Your logistics partner can help you find solutions that will remove additional cost.

This is a time when our LTL team is especially focused on mitigating cost increases to our customers as much as possible. You likely will not find savings on rates in a contract renewal right now, so understanding and utilizing least-cost carrier options is essential. That least-cost carrier may not be your primary carrier, but we encounter many shippers who could realize significant savings by choosing that option.

You have to be willing to let your transportation management system (TMS) do its job by recommending the best routing decisions and driving compliance throughout the organization.

It also helps to be a shipper of choice. That is often a conversation in truckload transportation, but this is a time where customers who pay attention to that are seeing dividends. A lot of decisions involving trailer availability are being made at local terminal levels. Those shippers with good relationships, those who treat local terminal drivers and manager with respect, they will be the shippers who get preferential treatment.

LTL Partner Helps You Ship Smarter

The LTL transportation environment faces unprecedented challenges, but the pendulum always swings and shifts control from LTL carriers back in to the shippers’ hands. It is just a matter of time. Can you afford to wait it out?

A partner who can help technology that supports optimal routing decisions can help you ship smarter. Analytics of your LTL delivery data, transportation trends and customer demands can help you improve network design and mode selection to protect cost further – and improve your customer service.

For forecasts and analysis across transportation modes – including truckload, parcel and international shipping – be sure to watch Supply Chain Forecast 2021: Q2 Transportation Trends. Our transportation management experts share their predictions, industry analysis and actionable guidance to support your business performance.

Transportation Insight - TMS System Team

TMS System: Why Consider TMS Transportation?

TMS System outputs can help you quickly determine least cost carrier utilization.

“Transportation management system” means different things to different people. For some, it is an Excel routing guide. For others, their closed loop TMS system is a closely monitored technology solution essential to moving freight, controlling transportation costs and supporting strategic business goals.

Those benefits are driving modern organizations to TMS in support of their transportation management. Nearly two-thirds of respondents in a recent Peerless Research Group poll say they are currently using or implementing a TMS, or they are evaluating/planning to do so in the next 24 months. Some of the top drivers for TMS adoption are cost management (68 percent) and track and trace capabilities (61 percent).

The technology tools have merit on their own. When combined with the right supplemental tools, you assemble a comprehensive kit for the execution of your business strategy. Those supplemental tools should include external audit and compliance functions, as well as downstream analysis of landed cost data that can drive improvement in your business.

In today’s complicated transportation environment, shippers are facing a growing number of changes and variables that impact their ability to execute freight movements and ensure they are making cost-effective decisions. Beyond the benefits of a TMS, the complexity of the multi-modal transportation environment is forcing many companies to make improvements in transportation technology.

Let’s talk about what a TMS is, what it can do and how you can get the most return on your technology investment.

TMS: A System for Transportation Management

The TMS supports your ability to execute shipments systematically.

A Transportation Management System (TMS) is named specifically for the functions it is designed to support.

It is a systematic means to automate your business processes and manage all functions related to shipment execution and visibility. TMS is a platform that allows you to store and access all documents related to the transportation of your goods, communicate with carriers and view all tracking information to maintain awareness of your freight movements.

The goal of implementing a TMS: empower users to manage transportation by exception.

Instead of touching every shipment, only deal with those that demand attention. The rest you want to automate with a process or a rule. You can absolutely bypass a great deal of manual, painful processes with a tool like a TMS. Doing so, can achieve tremendous time savings during shipment execution, produce soft savings to the bottom line and allow labor hours to be invested in other tasks.

And with the right TMS technology system, you can support even the most complicated transportation scenario. We have seen hundreds of different systems, from homegrown to even the most sophisticated. Everyone has something that is unique. We have never encountered a complex process where we could not design a beneficial technology solution.

Imagine coordinating transportation for high-end aerospace components. You have an immediate on-site installation that requires three different schedules to align and execute at the exact specific time. You can get as detailed as you want. It all comes down to having defined business practices and your level of commitment to your customers. The challenge is, determining the activities you need to automate is not always easy, especially if your current processes are a problem. You do not want to automate a bad business process and keep making the same mistakes – faster! Unlocking the power of your TMS requires you to identify the right business strategies you want to implement into the execution of your transportation operations.

What is a TMS not going to do?

Depending on a TMS to complete audit and reporting needs can limit your ability to determine true landed cost.

When you expect your TMS to manage activity outside transportation execution and visibility, you are bleeding outside the tool’s intended scope of work. Watch our recent webinar to hear more of our thoughts about what you can expect from your TMS technology – and what you cannot.

Often we see shippers rely on their TMS to meet their needs for audit and business intelligence. Do that, and you limit your ability to perform a robust audit and develop true landed cost metrics.

Certainly, there are TMS applications that offer freight bill audit functionality. However, these are typically match-based audit programs that force you to loosen your approval thresholds, potentially leaving meaningful dollars on the table. The preferred method of audit is to re-rate against the actual carrier contracts. This gives you the most accurate, expected paid amount.

By managing this in your TMS, you bear the burden of resolving any errors yourself. Alternately, you shift that burden to your carrier partners to reconcile the discrepancies within a TMS dashboard or portal. While carriers will do this today, they will factor in additional costs for that labor within your contracted rates.

You can get ad hoc reporting as part of a TMS solution allowing you to measure and report on your operational activities in real time. In our experience, this is critical for teams driving the tactical arm of your business, which is relegated to carrier performance data, tracking information and forecasted cost.

In addition to operational reporting, you also need strategic, landed cost information for the purposes of trending and analysis. This allows you to develop a continuous improvement loop in order to measure your performance against your carrier procurement and business strategy. Using this methodology enables you to continue to refine your business rules and optimize the performance of your TMS.  

A Platform for TMS ROI

It is important to understand that every company is on their own supply chain journey. That journey is always evolving – for you, for your customers, for your vendors. The solutions you need today will not be the same solutions as those required in a later stage of your journey. That is why you need a transportation management solution that is nimble and can scale with your evolving business needs.

The TMS has a specific purpose, but when that tool and your transportation management solution is scalable, you will always have the right support system at any point in your journey. That system needs to include the right components leveraged in the right way alongside the TMS. With that, you can maximize the investment you put towards your technology – and you may avoid spending some of the dollars you think you have in front of you.

The components?

An audit and resolution function that operates outside the TMS enables you to establish and adjust your own rules around how you systematically audit every invoice against contracted pricing. However, selecting a partner who can truly perform a transportation knowledge based audit will allow you to build the right compliance mechanisms.

The other necessary component is using the authenticated data captured through your audit process to develop a meaningful business intelligence platform that measures how you are executing in the TMS tool, so you can continuously evolve your strategy to suit the current environment.

As you can see, a TMS is not an easy button, nor is it not a cure-all for everything. However, the right expertise behind your TMS, whether internal or external, can help you scale your solution with your growth, so you can address any challenge that emerges.

Putting the TI in your TMS System

With decades of experience in managing transportation across countless industries, we work with the Transportation Insight team to design transportation management solutions that include not only the development of TMS but also deploy the right supplemental tools to maximize its value.

We help our customers determine the best strategies for their business and then help make sure they are reflected in the transportation execution strategy. You might have a great strategy in place already, but without the right visibility, how do you know what percentage of that you are achieving and how can you continue to optimize?

Our platform is designed to help companies develop the right distribution strategy, the optimal execution of that strategy and continuous improvement of that strategy over time. With that understanding and ongoing awareness of the transportation environment, you have the power to achieve a nimble and scalable logistics management solution.

That is the kind of system that evolves as your business changes. Today, that might mean a TMS helps you execute daily shipments, but tomorrow you may need to take control of inbound freight and third-party vendors.

Do not forget, when you partner with someone who can help you scale growth and achieve positive change, you allow that company to bear the cost and expense to maintain market relevance. That’s important considering the speed at which technology advances. We bear the cost and expense to keep you on the bleeding edge without hemorrhaging your profit into technology pursuits.

Most importantly, at Transportation Insight, that is also a system that is fueled by expertise. Yes, we are able to bring the power of the TMS and the hybrid-digital system of components to your business. We also pair that technology with the generations of multi-modal transportation experience possessed by our colleagues. This truly positions you with the intellectual capital and hands-on experience required to architect solutions that achieve competitive advantage.