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Source:https://www.ttnews.com/
Category: Lifestyle
A Chattanooga-based startup that has set a goal of becoming a billion-dollar enterprise in data analytics, trading and coverage of the logistics industry has formed a new partnership with the Truckload Carriers Association (TCA) to enhance how trucking firms of all sizes can assess their performance.
This week it is joining with the carriers group and its TCA Profitability Program to track the pulse of the truckload market and give trucking firms data to compare their performance with other carriers. “FreightWaves has changed the transportation game permanently,” said John Lyboldt, the president of the carriers association. “This partnership was an easy decision for our association.
The new data sets will enable carriers of all sizes to benchmark their internal performance metrics against best-in-class operators.
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Source:https://www.timesfreepress.com/
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Understanding Veterans Day
Following on from a record 2017, the Freight team at Air Partner has enjoyed a busy and fruitful first half of the financial year, winning cargo mandates from a variety of new and existing customers. As was recently announced in Air Partner’s interim results, Freight gross profit was up 36.4% for the six months ended 31 July 2018. Air Partner’s 24/7 offering and personalized service have continued to attract clients over the past year and time-critical requests are an important segment of the Freight business. Clients that use Air Partner’s Freight services are diverse, from Oil Gas companies to Charities.
Air Partner’s freight division has continued to grow its global operations. The Freight division has achieved this growth in the face of mounting pressure in the market for charter brokers to change tactics to increase their market share by either working directly with shippers or becoming aircraft operators in their own right.
Air Partner, however, remains true to its principles by working solely with freight forwarders. Mike Hill, Director of Freight at Air Partner, commented: “I am proud of the tireless work of the Freight team and our success in the first half of the year. We won’t be resting on our laurels, however – we are committed to continue growing our client numbers, whilst never sacrificing the high levels of customer service that are synonymous with Air Partner.” Air Partner Freight charters aircraft of every size to fly cargo anywhere, at any time, whatever its weight, size or shape.
Serving freight forwarders, governments, relief, and humanitarian organizations, the freight team provides bespoke air charter solutions to meet a wide range of cargo charter needs. From urgent ‘go now’ requirements moving small quantities of automotive spare parts, through to the most complex project cargo shipments taking several months to plan, Air Partner Freight has the skills, experience, and expertise to ensure shipments are handled securely and reliably. Air Partner Freight has cargo specialists in the UK, USA, Germany, France and Turkey, who provide a strength of knowledge by utilizing all types of aircraft for tailored cargo charter services.
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Source:https://newseg.pro/
CLACKAMAS, OR (KPTV) – Oregon’s trucking industry is suffering from a serious shortage of drivers, creating problems for companies shipping their product, but also enticing career opportunities.
James Stanchfield, who used to work for a carpet cleaning company, recently began a new career as a truck driver at IITR Truck School in Clackamas.
“I love to drive. I have since I was a little kid. When I get stressed or when I just want to clear my mind, I drive,” said Stanchfield.
According to the Oregon Trucking Association, there is a nationwide shortage of close to 50,000 drivers, which has local companies competing for a limited resource.
Stanchfield, for instance, got a job offer before he even completed his four-week course at IITR.
“We get calls daily on people needing drivers. Companies I never thought would hire entry level drivers are now hiring them,” said Amanda Watson, IITR’s School Director.
According to the OTA, trucks haul 70 percent of the nation’s freight, and close to 80 percent of the freight in Oregon.
A shortage of drivers means costs go up for companies shipping their products, and those costs are passed down to consumers.
“Everything they touch, everything they buy, everything they need, and everything they use is on a truck at some point,” said Jana Jarvis, president of the Oregon Trucking Association.
But the shortage of drivers turned into an opportunity for people like Stanchfield, who can step into a new job starting at between $19 and $20 per hour.
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Source:https://www.kptv.com/
A booming American economy coupled with failing infrastructure and a low-margin business reluctant to adopt new technologies have put stress on domestic logistics companies in the $900 billion market for U.S. Shipwell combines a marketplace for shippers to connect with freight companies and online tools to manage those shipments. In effect, the company is pitching a version of the proprietary logistics management toolkit that has made Amazon so successful, to any retailer or outlet. We coordinate the freight, we pay the truckers, we help optimize the fleets, says Shipwell president and co-founder, Jason Traff.
Those services and the companys growing business among small and medium-sized suppliers to the construction industry brought the Austin-based company to the attention of Fifth Wall Ventures, the Los Angeles based investment firm whose limited partners are among the biggest construction companies in the world. Shipwell’s full-service, digitized brokerage platform can streamline the way many of our Anchor LPs and portfolio companies approach large-scale freight shipping, the firms principal and newest Shipwell board member Vik Chawla wrote in a blog post announcing its most recent deal. The companys business isnt for big shippers that deal with thousands of shipments per-day, but rather the small and medium sized businesses that spend $100 million or less per-year on freight. And the small-fleet shipping companies that make up the bulk of the industry.
Beyond these, however, there are easy tie-ins within a number of key categories of Fifth Wall Anchors [sic] that regularly ship or receive freight—developers, of course, but also retail, office, homebuilding anchors. If you are doing $50 million in freight per-year then youre doing dozens of shipments per week, said Traff. Most of our freight is less than a truckload or a full truckload freight and its more long-haul. Supply chains were very complex and there was a lot of building to do, Traff said. Shipwell makes money by charging a commission on freight services and fees for its freight management software platform. This connective approach makes all of the difference in an industry with so many small companies at play, Chawla wrote. A surprising 89% of freight trucks in the U.S. are owned by carriers with fewer than five total trucks, and 99% of freight carriers possess fewer than 10 total trucks in their fleet. Despite the big business of freight shipping in the U.S., it’s actually a fragmented market of small businesses.
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Source: https://techcrunch.com/
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Turning the tables
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Source : www.primemovermag.com.au/
Our freight broker license course is unmatched in the online training industry, because we give our students many tools that other online broker courses do not offer, like load board access, transportation database, license filing service and we sell our broker courses for half of the price.
Whether you want to start your own brokerage business, enhance your current job performance, or simply gain additional insight into the logistics industry our course packages are great for anyone wishing to learn about the brokerage industry.
With over 15 years in the transportation industry we have developed not just an easy to understand self study freight broker course but a transportation network for you to jump start your freight brokerage career. We cover all these topics in our training program. You will be ready to enter this booming transportation industry and always use our materials as a reference point in the future.
Topics Covered:
Freight Broker/Agent job description
Setting up your business
Becoming a freight broker
Members roles How to find shippers (customers)
Contacting Shippers
Shipper Cold Call Script
Paperwork between broker & shipper
Approve a shipper for business
Calculate a freight shipment rate
Locate trucks to move your loads using load boards
Make sure a carrier is legal & reputable
Calculate the rate for the truck
Paperwork between broker & carrier
Load Tracking
Billing & Payment
Step by step guide to freight movement
Factoring
Incoterms 2013 – ICC Official Rules
CSA2010 – New
UCR – Unified Carrier Registration
Smartway & CARB Compliant Carriers
MAP-21 Rules for Freight Brokers
Website:https://freightbrokerscourse.com/
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Reality of a Truckers
Let’s just pretend for a moment, the trucking industry is perfect, all companies treat their employees wonderfully, all driving schools are reasonably priced and give top notch education, and everyone gets sick time and Holiday pay.
Now, you’re out on the road, you’re driving to meet an appointment. You’ve had to really rush to meet your time, but YOU MADE IT. You’re all ready to get going again and get some more “real good” miles for the week. But wait, the next load doesn’t deliver for 2 days and the destination is only 350 miles away. That’s only 175 miles/day…..or about $75.00/day. So you wait and hope your next load is a better one. It is, but the problem is you have to go 600 miles and deliver the next morning. Guess who’s not sleeping tonight? Oh, and remember you were supposed to be home this weekend? Well, you’re not. The load that was supposed to deliver on Saturday AM, won’t be able to accept until Monday early. You’re now out all weekend sitting, alone, and not being paid. (Remember, you get paid by the mile)
You end up with 2000 miles for the week and gross about $800.00. (That’s $0.40/mile) Take out Taxes, Insurance, Cash Advance for OTR living expenses, etc.. and you end up with about $500.00. You’re still out there away from home and you now have to do it all over again.
This is a reality.
Let’s sum it all up: You’ve spent thousands on your CDL. You’ve tried to be a good employee and get to your appointments on time. You’ve gone over on your logs, got a fine from DOT, a company safety warning, and did not go home for the weekend. Still sound good?
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