This year I have met hundreds of executives who have told me that the Perfect Storm has really walloped their freight budgets. Many of these executives then tell me that in 2019, they want to see their company do a much better job of managing their freight costs.
Over the years I have given several talks that highlighted the relationship between airline versus motor carrier pricing patterns. In fact, I've often said that whether it is intentional or not, the airlines have demonstrated that carriers can charge fees for services that used to be considered part of your airline ticket. Twenty years ago, these fees were a blip on the radar screen. But in 2017, according to TravelMole, US airlines took in $57 billion, collecting what is known as “ancillary fees” for things like baggage, reservation changes, and on-board services like meals and movies, sales of frequent flier miles, etc...
Let's be honest. Between ELDs, natural disasters and a growing economy, 2018 has been a tough year for transportation and logistics professionals.
Last week I attended CSCMP’s annual conference in Nashville. Rick Blasgen and his team put together another outstanding conference that addressed the types of critical issues that shippers are facing as they struggle to manage freight costs in the current transportation environment.
