Long have supply-chain professionals debated the advantages of the non-asset-based model over the asset-based model of logistics suppliers. Those in favor of the asset model argue that asset-based carriers can take over their clients’ supply chains by acting as a one-stop-shop for all their transportation and warehousing needs while lowering costs. However, proponents of the asset-light approach would say that …
The Top 4 Leading Causes of the Transportation Capacity Crisis of 2017
Tightening capacity is an issue across the nation, with the industry rapidly approaching 100-percent active truck utilization. Historically, when the industry has experienced capacity constraints, logistics providers have been able to purchase or obtain the extra capacity. Currently, however, there is no extra capacity available for purchase. This means that shippers are at risk of higher rates or must be ...
The Evolutions of Logistics
“Freight” has become a dirty word – one that conjures up images of tractor trailers, messy docks, dirty warehouses, and unkempt beards (ok, maybe the beards are a stretch). We prefer the word Logistics. Logistics is consistently growing and constantly changing. Replacing the antiquated verbiage of tractor trailers, warehouse docks, forklifts, and pallets are words like manufacturing downtime, speed-to-market, merge-in-transit, ...
Exploring the Life Science Supply Chain
Per the US Department of Commerce’s 2016 ITA Cold Chain Top Markets Report, “Over $260 billion of annual biopharma sales are dependent on cold chain logistics to ensure the efficacy of their products.”1 This sector of cold chain involves complicated logistics challenges with serious consequences for failure. The reputations and profits of Life Science companies depend on their ability to ...
3 Things to Consider When Effectively Managing an Aerospace Supply Chain
Read this post on LinkedInIn 1903, the Wright Brothers initial aircraft – Flyer 1 – was comprised of, give or take, a dozen parts. It had the basics, wings, rudders, propellers, a fuselage (that term is to be applied loosely if we're judging by today’s standards), an engine, etc. You get the point…Though I cannot speak definitively on where each ...
Things to Consider When Selecting the Right Freight Forwarder
Finding the right provider in today’s world of complex supply chains is far more difficult than it used to be. Simple metrics such as on-time performance, billing accuracy, claims ratios and competitive pricing are now table stakes in today’s world of logistics. We’ve polled some of our valued clients and industry experts over the past year for some sound advice ...
Technology and its Impact on the Supply Chain
The logistics and supply chain world is constantly transformed by innovation and new technology. This transformation causes customers to have higher expectations and greater needs. Logistics providers are doing anything they can to stand out from their competition, and technological capabilities are certainly a differentiator in the industry. Clients need a true partner who can deliver the high-touch, custom-tailored transportation ...
Miami: The Gateway to LATAM
As a major waypoint for trade between the United States and Latin America, Miami is home to many experienced freight forwarders. Finding the right logistics partner is a significant piece of the seamless supply chain puzzle. The Miami gateway impacts the raw material flow into LATAM manufacturing plants, exports of US manufactured goods southbound and imports from LATAM moving back ...
The Profit from Investing in Your People
Since its launch in 1994, Pegasus Logistics Group has focused on developing a vibrant culture that enables employees to seize the initiative and reach their potential, to work hard and have fun, and to use their skills for a purpose that’s bigger than themselves. “Our culture is the backbone of who we are,” says Ken Beam, Pegasus’ owner and founder. ...
3 Things to Consider when Preparing for Trade Shows
Did you know that over 80% of trade show attendees have buying authority? Did you know that 92% of attendees are looking for new products? Statistics like these show why trade shows are crucial in driving your company’s success. The opportunity to win new business and capture leads from prospects with decision making power is huge! Read this post on ...
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