The 2:00 Minute Warning with Mike Regan

If you’re an LTL shipper, this may be one of the most important messages for you.

Written by Mike Regan | Jan 17, 2024

 

I’ll be brief, because this is important and I don’t want you to miss it.

This week we are featuring my interview with Rob Estes, the Chairman and CEO of Estes Express. With approximately $5 billion in sales, Estes is among the largest LTL carriers in the country, and this is one of the most impactful interviews we have done in 15 years of the Two Minute Warning.

This interview is vital to any shipper who wants to achieve the best possible financial and service quality results when working with their carriers, negotiating rates, and obtaining excellent service levels. Just a few items we covered:

  • Best practices for sourcing events in 2024 (It’s a different world post-Covid!)
  • How your processes and practices increase or decrease your carriers’ costs (and thus your rates)
  • New carrier costing models
  • The penalties of carrier prefunding

If you don’t have time to watch the video or at least, the snippets from the interview, there is no reason to read any further. If you cannot find time to watch this, you are probably content with the status quo and will end up with higher LTL costs going forward.

Look, we at TranzAct have been at the forefront of the LTL marketplace for years, conducting billions of dollars worth of sourcing events that have saved shippers millions of dollars through our deep and thorough understanding of the marketplace. We can help you as well.

Watch the interview and either give me a call, schedule a brief meeting with me here, or send me an email, because TranzAct can show you how to apply these principles and deliver a world class sourcing event that will yield great results!   

I said I’d be brief, so that’s it. If you want to do a great job of managing your LTL costs, let’s connect and get you on the right track with your LTL spend.