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The Weekly Freight Report for February 11th, 2021

FLS Transport

And the longer-term play, beyond bids, is performance-based carrier selection and route optimization. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. More trucks is definitely a step in the right direction. Get the details here. Get the details here.

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Customer Retention vs. Acquisition: What You Should Know

Ship Monk

Lastly, while customer acquisition is optimal for quickly building metrics, these metrics may not always be the best indicators of overall longevity. Studies have shown that increasing customer retention rates by 5% has the ability to increase profits by 25 to 95%. What Is Customer Retention?

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

In addition, there are companies that are “training the trainer” to deliver the course precisely – which is good – and coaching them not to deviate from the words in the manual. The challenge, of course, is that nobody owns this material. If we optimize the parts, we will optimize the whole.

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Peak Season Prep: Solutions for a Successful Q4

Ship Monk

Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. 1 Study the Data It’s no happy accident that ShipMonk was adamant about including complete, real-time transparent data in the 3PL software our fulfillment services stem from. Hint: it’s Shipmonk.

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How Corona has Changed Shopping Behaviour

Forto

A study by Forrester Consulting and Bloomreach shows that around 50% of customers have ordered products online for the first time, products they had previously bought only in bricks-and-mortar retail stores (such as food). Nevertheless, a Kantar study predicts that e-commerce will emerge from the Corona crisis as a major winner.

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Mexico conference: Uncertainty well-balanced with optimism

Automotive Logistics

That confidence is being fed by optimism about the next generation of engineering and logistics talent and the transformation of the supply chain through digital technology. The post Mexico conference: Uncertainty well-balanced with optimism appeared first on Automotive Logistics. Mexico made 3.8m

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CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

We’re talking, of course, about Transportation Management System (TMS) solutions to digitize and automate transportation processes. . There will definitely be more recessions as well as more periods of expansion. Combating Rising Freight Costs with a TMS. The post CFO Beating You Up Over Rising Freight Costs?