Mar 31, 2020 | Logistics Industry
How Big Is The Logistics Industry? The logistics industry size is enormous, contributing up to 10% GDP ($2 trillion) in the U.S. & about 12% ($9.6 trillion) globally. The projected growth rate is 5% through 2023. 3PLs are handling more now as well, $213.5 billion...
Mar 20, 2020 | Transportation Management System
Your transportation management system (TMS) can save your organization a significant amount of money by reducing freight spend. What are the benefits of TMS? Companies indicated an 8% savings due to a TMS in the results of a survey conducted by ARC Advisory Group. 60%...
Feb 19, 2020 | Drayage, Freight
While brokers tend to offer lower freight rates because it ultimately benefits their business, there are cases in which you could get hit with higher rates. This can also occur when the demand for trucks is high. When loads remain on a load board for a lengthy period...