As a niche logistics services provider of LTL Freight Management via a transportation management system and integrated services, Thomasholmes is well equipped to teach the shippers about effective LTL freight management.
Thomasholmes Inc. announces the educational webinar titled “Best Practices in Effective LTL Freight Management,” .
“95% of the business of Thomasholmes, a third party logistics company, is done through Less-Than-Truckload (LTL) shipments. In fact, our transportation management software, the Thomasholmes Rater, handled 300,000 LTL freight shipments in 2013, and we audited every single one of them,” said Audra Wiste, Customer Services Manager. “So it is of special interest for us to help educate shippers on all modes of possible ways to ship their freight in order for shippers to make the best decisions for their business.”
How BIG Is the World Of LTL Freight Shipping and How Do Shippers with 3PLs Faire?
The amount of LTL freight moved under blanket-pricing programs by brokers has grown from $575 million in 2007 to $2.5 billion in 2012, according to data compiled by CarrierDirect LLC, a Chicago-based firm that specializes in helping freight carriers find freight from brokers and 3PLs. The overall size of the LTL market during the same time period actually shrank from an estimated $36 billion in 2007 to $33 billion in 2012, company officials said.
This means that an increasing use of services from savvy, niche logistics providers, such as Thomasholmes, who focus on LTL freight management, is a competitive edge for many shippers. In fact, according to the recent y, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains:
“Both shippers (86%) and 3PLs (94%) largely view their relationships as successful, with shippers posting some impressive results from outsourcing: Just over half (56%) say their use of 3PLs has led to year-over-year incremental benefits. They also report significant savings from logistics cost reductions (15%) inventory cost reductions (8%) and logistics fixed asset reductions (26%). Shippers are more satisfied than 3PLs (71% to 63%) with the openness, transparency and good communication in their relationship, and 67% of shipper respondents judge their 3PLs as sufficiently agile and flexible.”
This success is seen from many Thomasholmes customers, as the third party logistics provider focuses on not only servicing shippers in LTL freight management, but also proactively educating shippers on the best practices related to LTL freight shipping.
Best Practices LTL Freight Management Webinar
If you are a shipper of LTL freight in North America, we invite you to register and attend our educational webinar titled, “Best Practices for Less Than Truckload Freight Shipping” presented on March 12th, at 10:30 am CST. .
There is a lot to keep up with if you are shipping by LTL freight, and education and expertise is the key to success in maintaining control and visibility of your LTL freight.
As a transportation or logistics manager, or as a business owner or executive, you understand the challenge of keeping up with the following:
- Running an effective inbound freight program, working with many suppliers
- Having to continually negotiate and keep up relations with LTL carriers, year after year, and rate increase after rate increase, to ensure you are getting the best rates for your lanes and shipping history
- The amount of time and effort it takes to process shipping by LTL, which often includes possible data entry errors by not knowing the right class, or simply making a typo
- Having to go to multiple websites to get quotes and then find the (hopefully) best LTL carrier for this specific shipment
- Processing LTL freight claims and working to get your claim paid
- Dealing with inaccurate freight invoices
The 45 to 60 minute webinar on “Best Practices for Less Than Truckload Freight Shipping”, will teach you how to better manage the process and the costs associated with shipping via LTL by covering the following material:
- What is LTL Shipping (Less-Than-Truckload) and how did it Come About?
- The Benefits of Shipping via Less Than Truckload Freight
- What is and How To Determine LTL Freight Class
- The Factors Which Determine LTL Freight Rates
- Areas to Look at in Order to Save on LTL Freight Shipping
- Less Than Truckload Freight Shipping Tips for Improved Carrier Relations
- The Benefits of a Transportation Management System for Better LTL Freight Management
- Logistics Service Providers and How a Niche Focus on LTL Creates Better Logistics Outcomes
- Conclusion and wrap up
- Q&A Session
If you are interested in attending, .