Rail freight transportation has experienced downtime since the 1980’s. The logistics world is changing, and it seems like rail is making a major comeback these days. New technology and innovations are disrupting every industry and all transportation modes.
Third-party logistics providers coordinate the ever-important work of transporting and tracking goods throughout the world. 3PL software makes this possible, enabling logistics providers to carry out their work with greater accuracy, improved traceability, and speed.
The year 2018 was a record one for freight markets. Shippers weathered the challenges of constrained capacity and rising rates, and worked to transform their businesses to meet new customer demands and expectations.
When you’re an e-commerce company, the cost of shipping your product from its manufacturing point to the customer can be one of the biggest starting costs – and it takes a little bit of thought to calculate just how much of the percentage of the total price it will take to cover shipping costs, especially if this is your first e-commerce effort.
Just how you’re shipping the item will determine what kind of deals you can offer clients; free shipping is a great initiative, but it doesn’t always make financial sense for the company – and the same can be said for higher shipping costs. Continue reading