YRC Freight Bankruptcy Impact and Navigating the Fallout
The bankruptcy of Yellow Corporation on August 6, 2023 has had a significant impact on the industry, causing complications and expenses for various companies. The shipping industry is evolving faster than ever, which means companies of all types are looking to adapt and discover new solutions to their unique needs. Let’s explore how Yellow Corporation’s […]
Understand What Freight Insurance Covers to Protect Your Shipments.
Every time you ship something domestically in the United States, you are gambling with the potential of damage or loss. How confident are you in your knowledge of your carrier’s freight insurance policy and how much coverage you truly have? If you ship goods domestically, you need to understand the basics of freight insurance to […]
How to Choose the Right LTL Carrier for Your Business
There are a lot of LTL carriers out there, but how do you choose the right one for your business? A handful control most of the LTL market, such as FedEx Freight, Old Dominion and Yellow, who have years of experience and a proven track record of delivering quality service. Logistics Management shared the Top 25 […]
Trouble Is Coming: The Fallout of an Over-Saturated Freight Market
Trouble Is coming. The world is now starting to feel the importance of supply chain management. For months the world has been struggling with issues with the supply chain and now the fallout is coming. The transportation industry saw a boom of freight, and carriers responded by increasing their operations. We’ve seen this before. In 2017 to 2018 there was a boom in freight […]
10 Steps to Shock-Proof Your Supply Chain
When Hurricane Sandy hit the East Coast of the United States in 2012, it caused widespread damage and left millions of people without power. Retailers in the area were forced to close their stores, and many lost significant amounts of revenue. This serves as a perfect example of why retailers need to take steps to shock-proof […]
Small Business: Hard To Sell and Harder To Survive
A recent post on Reddit titled “The Supply Chain Keeps Getting Worse” discusses the harsh reality that many small business owners are facing in today’s manufacturing climate – you can’t sell your way out of this. One respondent stated, “it’s change or die.” This is a sentiment echoed by many other posts on the subreddit […]
Autonomous Trucking, Carrier Relationships, Food Sector Bullwhip
“FMCSA AUTOMATED TRUCKS PROJECT HEADED TO WHITE HOUSE” The FMCSA announced they will begin surveys and efforts to explore automated driving systems in the trucking sector. However, the feedback the FMCSA received opposed the project mentioning it could cause a loss of truck driving jobs. “RELATIONSHIPS KEY TO NAVIGATING CAPACITY CRUNCH” With the reopening […]
EMPTY CONTAINERS, DRIVER SHORTAGE, HESITANCY TO ADD CAPACITY
“Truckers Expect U.S. Transport Capacity Crunch to Persist” Trucking capacity is expected to remain tight throughout the rest of the year and high shipping costs are expected to follow. There are not enough trucks or drivers to keep up with demand and efforts such as raising driver pay have not been sufficient in catching up […]
How to Manage Accessorials
The hidden costs of LTL shipping can sneak up on you when you least expect it but there are some steps you can do to anticipate, avoid, and manage them. What is an accessorial? An accessorial is an extra charge because of additional time or effort was needed to make a delivery. Example scenarios may […]
How to Choose a Cold Chain Provider
With more diverse products being manufactured and shipped each day, carriers are transporting them across the globe at an increasing rate. Cold chain, also referred to as “temperature-controlled” transportation adds even another layer of complexity to the always evolving cold chain market full of disruptions and changing consumer demands. Finding a provider that can deliver a smarter […]
What you need to know about OTIF
What is OTIF? OTIF stands for “On Time & In Full” and is the next step for big retailers. With OTIF, you now need to deliver your products within a 1-day window (on the exact date) — and it must be the full purchase order. Walmart recently announced new OTIF guidelines for suppliers. OTIF is applicable in almost […]
How to Handle Tight Capacity Markets
As the economy tries to recover and reopen during COVID-19, freight rates are rising and things are changing constantly. According to DAT, capacity is projected to continue to tighten until the end of the year. What does “tight capacity” mean? A tight capacity market means that there is a greater demand from shippers than carriers. This […]
How to Avoid Freight Reclassifications and Reweighs
Managing your supply chain cost requires efficient transportation management practices. One of the most common way to see your freights costs get out of hand is reclassification and reweighing of your freight. This may be difficult to achieve as LTL shipping can be nuanced with different invoice adjustments including accessorials, delays, and damaged freight. By law, […]
How to Calculate Shipping Costs
Before shipping ground freight, it’s important to know the associated costs. However, finding a “one size fits all” quote is impossible – each shipment has a different size, weight and requirements that it’s impossible to follow a simple formula each time. While every shipment is different, you can still get an estimate online that will […]
How to Manage Coronavirus Risk in the Supply Chain (3 Steps)
With the current outbreak of coronavirus disease (COVID-19), many industries are in flux. The supply chain is currently impacted at all levels, international ocean and air as well as US ground transportation. Many business owners are unsure of what to do or how to proceed. At MVP Logistics, we want to assure our customers that we’re proactively planning to […]
What are the Top Delivery Delays? (And How to Avoid Them)
Every day, thousands of shipments arrive at their destination. However, there are some delays that occur every day too. This is frustrating for shippers, and for those following protocols like MABD – it can be costly. While it’s not possible to guarantee delays will never happen, there are a few ways to avoid the top delivery delays. LACK OF […]
What is Pool Distribution?
WHAT IS POOL DISTRIBUTION? Pool distribution is the distribution of orders to several destination points within a set geographic region. Typically, this includes a high frequency of smaller shipments in LTL quantities. Pool distribution is a way of streamlining the shipping process. Instead of many different shipments arriving on separate trucks to the same area, […]
What’s the Difference Between LTL and FTL Freight?
When choosing ground freight shipping, there are two main options: LTL and FTL freight. Less than truckload (LTL) means that your shipment of goods doesn’t require the whole space of a truckload. Full truckload (FTL) means that your shipment does take up an entire truck’s weight or space capacity. Both options have their merits, but many companies […]
How Understanding Spot Rates and Truck Orders Can Save You Money
Shippers must understand that spot rates and class 8 truck orders are closely tied: what happens to one will affect the other. If spot rates go up, so do truck orders. If truck orders go down, so do spot rates. WHAT ARE SPOT RATES AND CLASS 8 TRUCK ORDERS? As a quick refresher, a spot […]
What is Drayage?
We often think of logistics as Point A and Point B, with goods leaving one location and arriving at another. But between those two points are many stops and switches that make your supply chain process smooth and on time. One of those tactics used to keep a smooth supply chain is drayage. WHAT IS DRAYAGE? In […]
3 International Shipping Solutions for Houston
There are several logistical options for shipping internationally out of Houston, but there are three core components of every shipping strategy.
The Guide to Ground Freight Transportation in Houston
What are the advantages of ground freight transportation in Houston? How is Houston positioned for international ground freight shipping? We have the answers to these questions and more in our guide to ground freight transportation in Houston.
