Archive for the ‘Business’ Category
Free or Freight on Board (FOB) – What Does it Mean?
Posted on April 20th, 2018There is nothing “free” about Free or Freight on Board (FOB), so it would be good to understand what this term really means. Which party is taking responsibility at which part of the move? Not understanding the liability involved if a product gets damaged or lost could result in a claim. Therefore, […]
Tax Reform and the Impact on your Trucking Company
Posted on April 6th, 2018We are in interesting times, and the implementation of the Tax Cuts and Jobs Act was signed into law on December 22, 2017. What does this mean for you? Is it beneficial or detrimental to your income and tax treatment? This is the time to consult with your tax professional […]
ELD Mandate in Full Swing on April 1st – Get Ready!
Posted on March 30th, 2018Wait for it… ELD Mandate in full swing starting on Sunday, April 1st, 2018! Let’s hope this is just a cruel April Fool’s Day joke played on us by our government. If it isn’t… What’s going to happen? Fleets that run without ELDs installed and put into use will be issued […]
Rising Freight Costs to be Passed on to Consumers
Posted on March 22nd, 2018Have you noticed any changes in the cost of your groceries? If you don’t see it now, you will definitely see it soon. The effects of Electronic Logging Devices (ELD) has been a hot topic in the world of logistics, with warnings time and time again that this will affect all […]
Due Diligence for 3PLs in Choosing a Qualified Carrier
Posted on March 16th, 2018Looking back to a Blog post we shared back in 2012, we have an update on how choosing an unqualified carrier could leave a 3rd Party Logistics (3PL) company responsible for carrier actions. That case had to do with double brokering, but this case had to do directly with the 3PL that […]
SCM: Planning for the Future of Supply Chain Management
Posted on March 9th, 2018As a new generation begins to take over the workforce, the future of supply chain management will move towards utilizing the latest innovations to improve data reliability, faster workflows, synced data with interconnected systems and much more beyond our imagination. Image: Supply Chain Management Chart (Source: […]
Building Relationships with Warehouses
Posted on March 2nd, 2018We have choices every day on how we interact with others, and some occupations have more opportunities than others. Industry insiders know that having a good relationship with your drivers and warehouse personnel makes a big difference in how your freight is handled and how soon it can get loaded. […]
Temperature Controlled Freight – Reefer Settings
Posted on February 23rd, 2018How complicated can a temperature controlled reefer be? Isn’t it just a trailer that runs like a refrigerator? Image: Utility 3000R with Thermo King S-600 Reefer Unit True, to a certain degree. There are a lot of variables when it comes to a refrigerator that moves through different weather, varying temperatures […]
Chinese New Year and How it Affects your Logistics
Posted on February 15th, 2018Chinese New Year, also known as the Lunar New Year, creates a period of about 10 days of complete silence from an entire country when it comes to your suppliers, agents and partners. Chinese New Year falls on February 16, 2018. Most of the factory workers in China come from faraway […]
Fuel Cells | Hydrogen Powered Electric Trucks
Posted on February 7th, 2018Although Tesla has all the publicity with their electric Class 8 Semi, a viable contender in the world of alternative fuel is with Fuel Cells that use Hydrogen to power its electric drivetrain. Fuel cells use an electric motor drivetrain, but instead of having batteries store all the power, hydrogen is […]