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Freight, Freight Brokerage, Intermodal Transportation, LTL

How Your Freight Broker Lowers Transportation Costs

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March 3, 2020

- Freight, Freight Brokerage, Intermodal Transportation, LTL

Freight Taylor Logistics Inc.

Freight brokers act as the medium between carriers and shippers. They have the experience, the network, and the resources to fulfill orders and get shipments to their desired destination. Expertise is the key to providing real value and genuinely making an impact in the supply chain. 

It’s crucial to partner with a freight broker who is an expert in efficiency, transportation planning, and reducing your most significant logistics expense: getting your product into the customer’s hands. Our team is diving into the reasons freight brokers are an essential piece of your supply chain and the strategies that lower overall transportation costs.

Best in Class Technology 

Whether you need less-than-truckload (LTL), truckload (TL), or expedited shipping, smart freight agents have the right technology in place to meet your needs. The best freight brokerage firms allow them to negotiate the best possible rates with the most reliable carriers and automate processes related to shipping and payment, ensuring you a speedy and safe delivery. Real-time dashboards give freight agents complete visibility into every aspect of the journey.

Mode Shifting

Brokers look at the size and features of a shipment and the urgency of which it needs to get to its destination. With many possible modes –LTL, TL, intermodal, expedited freight, and air shipments––brokers advise on the best method to get your shipment there for the lowest cost to meet your delivery timeframe.

Relieves the Headache of Back-Office Overhead

Leave the logistics of coordinating to a freight broker, you have enough on your plate! While one might think it will be more economical to work directly with carriers, that’s not the case. The time spent evaluating quotes, costs, and transit times, selecting a trustworthy carrier, arranging pickup, monitoring the products journey and delivery – not to mention troubleshooting any issues – isn’t worth the cost. A freight broker has the entire process down like a well-oiled machine and will be able to help you cut costs and expedite service.

Moving freight is a complex and complicated business. Don’t cut corners by searching for reliable carriers yourself and hoping the process will manage itself. Leave it to freight brokerage pros at Taylor Logistics. Team Taylor knows the freight business, and they’ll put your mind at ease while saving you money along the way. Contact Taylor today. 

Taylor Freight Brokerage
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Freight, Freight Brokerage, Intermodal Transportation, LTL

The Complete Shipping Guide| LTL, Truckload and Expedited Freight

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March 3, 2020

- Freight, Freight Brokerage, Intermodal Transportation, LTL

Taylor Logistics Shipping Modes | Freight Brokerage

LTL  

LTL stands for “less than truckload,” which means that your shipment will take up less than an entire truckload. Makes sense, right? Typically, this means your cargo will weigh between 100 and 10,000 pounds. LTL is the most popular type of freight shipment, and it’s also the most cost-effective form of road transportation. Why? Because the cost of your shipment will be shared with other LTL freight shipments, and you only pay for the space in the truck that you need. 

Shipment types Taylor Logistics Inc

PTL 

PTL stands for “partial truckload.” Even in this case, the name is pretty much-clarifying things that, in this kind of load, the load will be as less as half of the entire truck. A load of 8 or more pallets comes under this. Now, in this scenario, you need not book a full truck for this; otherwise, you will be paying full money for half the amount of delivery. In this scenario, you can share the truck with other customers that means you both will share the fare of the truck for your respective halves according to all the factors that affect the rates of freight, including weight and type of freight.

FTL or TL 

FTL/ TL means “full truckload or truckload”. Full truckload shipping is the ideal method if you have a large shipment that will fill an entire trailer or at least exceed the volume LTL options. Typically full truckload shipping costs more than LTL shipping. However, the benefits of FTL might outweigh that cost. With FTL shipping, the truck goes directly from Point A to Point B without any stops, making transportation times shorter. 

Expedited Freight 

This refers to time-sensitive shipments in which freight has to be delivered within a particular time frame. Expedited freight is most often transported by truck or air. Trucks shipping expedited freight rarely stop along the way to deliver or pick up shipments, making the expedited shipment the priority. Expedited shipments are both large and small, from parcels to pallets to a full truckload of freight. 

Air Freight

Companies that work with short lead times and require their packages to be transported as quickly as possible often choose air freight. Air freight is a relatively safe mode of transport, and it decreases supplier lead times while improving the overall level of service.

Rail Transport 

Rail transportation is an excellent solution for domestic or intercontinental transport, especially for bulky goods. It is a safe and reliable mode of transport that offers fast delivery at a cost-effective price point, and it is also more environmentally-friendly than air and road alternatives. Plus, rail freight doesn’t add to traffic and roadway congestion like other modes of transportation.

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Freight, Freight Brokerage, LTL, Operations, People

EDI Utilization in a Transportation Management System

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February 19, 2020

- Freight, Freight Brokerage, LTL, Operations, People

Taylor Logistics Inc. Blog

Shippers handle numerous transactions; the use of EDI integration within a TMS can save millions of dollars due to early payment discounts. Aside from the financial benefits, there is a multitude of advantages from implementing EDI. Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you would spend on a manual process. Here are several examples of EDI transactions within a TMS.

Taylor Logistics Transportation Services and Brokerage

What is EDI?

Before addressing EDI in transportation, it’s crucial to understand what exactly EDI alone is. Electronic Data Interchange or EDI is not only used within the logistics/ transportation industries. EDI is the computer to computer exchange of business documents in a standard electronic format between business partners. It was developed in the 1960s EDI was created to speed the process of shipping and transporting documents. EDI replaces postal mail, fax, and email. While email is also an electronic approach, the documents exchanged via email must still be handled by people rather than computers. Having people involved delays the processing of the documents and also has a higher risk of errors. Instead, EDI documents can pass straight through to the appropriate application on the receiver’s computer, and processing can begin instantly.

Examples of EDI Transaction in Transportation

Carrier Load Tender 

Used by shippers or 3PLs to tender an offer for a shipment to a full truckload motor carrier

Freight Details and Invoice 

Electronic invoice complete with shipment details

Bill of Lading 

Electronic bill of lading which states shipment date, reference numbers, shipper, consignee, and shipment contents

Delivery Trailer Manifest

Allows carriers to provide consignees with the contents of the trailer

Shipment Status Message 

Provides shipments statuses including shipper information, consignee information, current shipment location, dates, proof of delivery, and shipment description

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Freight, Freight Brokerage, LTL, Truck Driving

Proposed NMFC Changes to go into Effect January 2020

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January 7, 2020

- Freight, Freight Brokerage, LTL, Truck Driving

Taylor Logistics Inc. Blog

The Commodity Classification Standards Board (CCSB) has posted proposed amendments to the National Motor Freight Classification® (NMFC®). These amendments will be published, pending reconsideration, on December 5, 2019, and are expected to go in effect on January 4, 2020. A few of the notable changes are listed below.

Foodstuffs, other than Frozen 

Various foodstuffs are removed from item 73227 and reclassified. Item 72790 (Dips) is canceled with reference to new item 74700 (Sauces, Condiments, Dips or Spreads). New items are established as follows: 72030 (Baby Food), 72041 (Baking Powder), 72285 (Butters or Spreads, nut or seed, including Peanut Butter),74510 (Purees, fruit or vegetable, including applesauce) and 74737 (Shells, taco, or tortillas).

Boilers, Furnaces, Stoves and Related Articles 

The NMFC code 25400 is canceled with reference to new item 26720 with classes based on a density break at 8 pcf. 

Traps, Bullets or Target 

The NMFC code 17670 is canceled and reestablished as new item NMFC 187130.  

See Full List of Changes Here

Some of the Commodities that May be Impacted Include:

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Freight Brokerage, Processes

Best Practice Tips to Secure Truckload Capacity

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October 28, 2019

- Freight Brokerage, Processes

Peak Season kicks off in October and lasts through the holiday shopping season. Carriers know that this time of year offers a heavy and steady flow of freight loads to move. During peak months, there is a significant surge in the loads available. At Taylor Logistics, we do everything we can to make the process as simple as possible for our customers. Our experts comprised a few best practices to use to make freight shipping even easier. Here are cost-effective strategies you can implement to help your freight stand out in today’s market.

Establishing a Carrier Program: One of the most important relationships is the one you create with your carrier base. Carriers have compelling value propositions in the markets they serve — carriers value consistency. If you’re happy with the overall relationship, provide incumbents with an opportunity to keep that freight.

Communicate Quickly and Effectively: The faster you communicate about upcoming loads, the more likely you are to secure a truck. Talking with carriers ahead of time about anticipated surges and decreases in your freight volume can also help them plan and prioritize your shipments.

Flexibility: If possible, become flexible in your pick-up and delivery times, so you can create a larger pool of trucking companies available to move your freight. For some shippers making operational changes that allow for deliveries and pick-ups on weekends increases flexibility. Most drivers do not operate on a traditional workweek schedule, so working with receivers and shippers that offer flexible hours allows for loads to be moved more efficiently and promptly.  

Increase Efficiency: There are several ways to cut costs examine your transportation and supply chain for ways to increase your performance while saving money. Are there less-expensive routes you can use for shipments that are not time-sensitive? Would other modes of transport like intermodal or less-than-truckload be more economical than truckload freight?

 Tap Your Third-Party Provider’s Range of Services: Warehousing, fulfillment, transportation, technology—the more you can obtain from a single provider, the more seamless, scalable, and cost-effective your supply chain will be. Organizing the logistics function helps to ensure that you provide consistent service and offer better predictability and reliable deliveries. 

Taking a more strategic approach to truckload procurement helps align the business goals and outcomes of both carriers and shippers. It can result in significant savings and extraordinary service levels over time. To learn more about our freight services click here.

Freight Brokerage
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Freight Brokerage

Four Seasons of Freight

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September 19, 2019

- Freight Brokerage

It’s no secret that the transportation industry is heavily dependent on supply and demand. Every year holds uncertainty from consumer trends to the ups and downs of the market; however, there is always a forecasted plan for the seasons of freight. Like fall, winter, sporing, and summer, the transportation industry also has four seasons. Below are the four seasons to the logistics industry. 

It’s a new year; the holidays are past us, and freight volume is on the decline. Not to mention these months are the peak of winter, the frigid temperatures and snowy roadways are not shipping-friendly. Typically during these months logistics companies are recovering from holiday shipping. Freight volume will start to progress as the months approach the spring season.

With the arrival of spring, the produce season begins. Freight volumes will increase, and carriers have more loads to choose from allowing them to pick and choose different loads. With carriers being pickier, finding trucks become more challenging, and rates increase. In certain parts of the United States, the capacity and shipping rates change significantly for non-produce shippers, as carriers are massively switching to high-paying produce loads. 

Produce season has come to an end; however, the hecticness doesn’t stop here. It’s now time to prepare for back to school season and to start planning for the upcoming holidays. During these months, sales are typically up, and companies are rapidly shipping products in and out of their facilities to ensure all inventory is ready for the holidays. Rates are still climbing, and freight volumes are towering. 

Happy Holidays! It’s that time of year again; companies are rushing to complete last-minute purchase requests before the holiday closures. The new year is rapidly approaching, and no one wants to leave freight behind and drag it into the new year. The roads start to get busy with people taking time off for long weekends, holiday gatherings, and vacation time. It’s a time that needs to be carefully planned as last-minute items can pop up, and delays are likely.

Our team is continuously on top of marketing changes and forecasted trends. Knowing the four seasons of transportation freight is just the beginning of our expertise. Let us be your transportation advisor. To learn more about our brokerage services here.

Learn more about our warehousing services here. 

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Freight Brokerage, Operations, Truck Driving, Warehousing

The Importance of Carrier Relationships

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July 23, 2019

- Freight Brokerage, Operations, Truck Driving, Warehousing

At Taylor, it is our mission to exceed customer expectations by diligently working harder, smarter and longer than any logistics company while ethically serving our employees, our carrier base, the environment, and the motoring public. As a service provider, our most crucial goal is to provide the highest level of service for our customers and our customer’s customers. With thousands of other logistics company in a very competitive industry, customer service is the nucleus for how we conduct our business.

The foundation for excellent customer service is relationships. One of the most valuable relationships as a third party logistics company is the relationship we build with our carrier base. Without a go-to contact base comprised of best in class carriers, it would be impossible to meet delivery schedules, keep up with customers volume, and stick to rate benchmarks. We also leverage our transportation management system (TMS) to optimize carrier loads and reduce costs across truckload and less than truckload.

Carrier relationships are not only important on the brokerage side, but it is also crucial at our distribution centers. Our warehouse managers use data to improve loading dock visibility, coordinate live and staged trailers, and manage docking time to enhance the efficiency of our carriers and shippers.

Another essential aspect of developing a successful carrier relationship is communication and feedback. Open discussion based on facts builds trust, integrity, and respect. Understanding and respecting the value that each party brings to the relationship makes the relationship grow even stronger. In a great partnership, carriers will have the opportunity to run their business more smoothly, and shippers will have the power of data to achieve higher levels of efficiency in their operations all while reducing costs.

D.M.T. Services, Inc. gave our warehouse crew in Monroe hats for unloading and loading  so quickly.
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Freight Brokerage, Taylor Information, Third Party Logistics

Taylor Increases Freight Broker Surety Bond to $250,000

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July 10, 2019

- Freight Brokerage, Taylor Information, Third Party Logistics

Taylor Logistics the Nation’s most progressive family owned logistics company announced that they increased their freight broker surety bond through the Transportation Intermediaries Association from $100,000 to $250,000, further confirming its commitment to protecting the freight and transportation community against fraudulent behavior

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Freight Brokerage, Processes, Third Party Logistics

Why Companies Use a Freight Brokerage

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June 28, 2019

- Freight Brokerage, Processes, Third Party Logistics

Before working with a third-party logistics (3PL) provider, it’s essential to understand the functionality of that relationship. What responsibilities can a 3PL  take off your plate, and what will still be in your wheelhouse? 

Here’s a breakdown of how Taylor Logistics freight brokerage works, along with critical points surrounding our value-added services and essential points for how we can help you. 

What is a freight brokerage? 

Our brokerage helps customers with ready to haul freight find qualified carriers to haul the load. Typically freight brokers do not provide the truck or the shipping but provide the essential service that will help the shipper find the carrier. However, In addition to our brokerage out parent company Taylor Distributing in Cincinnati, OH has a full fleet of trucks ready to assist our customers with any intermodal/drayage needs.

Shipping Expertise – This is what our freight brokers do best, working with our brokers allows you access to their knowledge of best practices and latest technology.

Communication – We can track and log each step of the journey of your product. Our team is in constant contact with drivers, and we have access to GPS/EDI technologies to maintain the status of an order.

Flexibility and Scaleability – We provide our customers more, or less capacity based on their business from industry trends to seasonality. We are also connected to service providers nationwide, and we can quickly respond to flux, linking you to resources without any added risk.

Save time, Resources, and Money – Partnering with Taylor, is like having a dedicated shipping department without the expense of your own department.  Using our freight brokerage allows you to focus on your core business.

It’s a Partnership – Taylor works for you, we put our customer’s interests first, because when you succeed, and your business grows, so does ours.

Technology  –   We have invested in the latest technologies to improve our customer relationships, efficiency, and processes. Our technologies include: 

  1. Transportation Management Systems (TMS)
  2. GPS Tracking
  3. Reporting Software
  4. Quick Pay/E-Pay
  5. Electronic Data Integration (EDI) Software
  6. Application Programming Interfaces (APIs)
  7. Data Analysis Tools
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