Technology Shaping Less Than Truckload Shipping

About 25% of small manufacturers say the supply chain crunch is getting worse, and about one-third of businesses say getting basic supplies into their plants is the biggest challenge they continue to face. While things might be getting better for a few, deep-pocketed large companies, managing material shortages remains a giant hurdle for huge swaths of the manufacturing world.

To discuss how brokers can work to secure reliable capacity, FreightWaves and Trucker Tools are partnering for a one-hour webinar on Tuesday, January 15, at 2pm. This interactive webinar will feature insights from Prasad Gollapalli, CEO at Trucker Tools, as well as Jeff Henderson, Senior Vice President of Operations for Ryan Transportation Services, to share how technologies like Smart Capacity can help provide accurate, up-to-the-minute visibility into your carriers and their needs, supported by collaborative tools and real-time data to keep your carriers in the money…and your customers’ loads moving.

Negotiating with suppliers is challenging even in the most favorable economic conditions. However, a unique set of compounding challenges like inflation, labor market shortage and global supply constraints are shrinking margins across the supply chain. Consequently, vendors are proposing renewal pricing increases ranging from 10% to as much as 30% in some cases.

Today’s businesses are being hammered by rising supply chain costs and ever-escalating expectations for service. As supply chains come under scrutiny, one of the easiest places to make gains in cost and service oftentimes goes unnoticed.