FreightCasts

Guests:

Mike Hurley, vice president of global business development, ConMet

Daniel Burrows, general manager and vice president, Truck Wings, ConMet

Topic: The recent acquisition of Truck Wings, the fuel-saving, automatic gap-closing technology for tractor-trailers, could make the technology a household name as part of the ConMet portfolio of products. Truck Wings and Truck Labs have been around for a few years and have demonstrated their success in aerodynamic gains.

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On today’s episode of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Domestic Supply Chain Summit.

He’s joined by Trucker Tools CEO Kary Jablonski to talk about this year in trucking and the importance of great user interfaces and relationships for carriers and truckers. 

Jessie Merritt, EVP of sales at Reliance Partners, and Sarah Heffington of M&W Logistics are Haulin’ for the Holidays. They’ll talk about the importance of giving back to the community and will tell us how they teamed up with the Tennessee Trucking Association’s Young Professional Council to deliver this holiday season.

Bad Birdie’s Jordan Dickerson takes us into the logistics driving some of the hottest apparel in golf. Plus, we’ll hear a track from his band Bitter Pills.

FreightWaves’ Justin Martin talks about getting stuck on switchback; Convoy owing carriers cash; Matheson’s shutdown; and Tesla’s Cybertruck and Semi performance. 

Plus, Yellow terminals sale approved, overbearing HOAs, Krampus visits Austria and more. 

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Summary

Join us for a riveting keynote at the Domestic Supply Chain Summit where Thomas Wasson interviews Jared Weisfeld, the Chief Strategy Officer at RXO. They delve into the future of the supply chain industry, discussing the outlook for 2024, inventory positions, consumer health, capacity exits, the shift from goods to services, nearshoring trends, and the significance of strategic planning and execution in the industry.

Key Highlights

- Inventory positions for retail and e-commerce customers, a concern in 2023, have shown improvement as we head into 2024.

- The health of consumers and the shift in the mix between goods and services were significant factors impacting the supply chain in 2023.

- The rate of carrier attrition and capacity exits continue to be critical considerations for the freight economy.

- Nearshoring is emerging as a long-term trend with potential positive impacts on the US freight economy.

- Investments in technology and fostering strong customer relationships are pivotal strategies for success in the supply chain industry.

- Leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits are key to predicting market trends.

Guests

Jared Weisfeld serves as the Chief Strategy Officer at RXO. With a rich background in the technology sector, Jared joined the company in 2023. He is responsible for steering the strategic direction of the company and has played a crucial role in harnessing technology to enhance operations.

Resources

- rxo.com

Action Steps

- Stay informed about the state of the supply chain by monitoring inventory positions and consumer health.

- Evaluate the potential benefits of nearshoring for your business and explore growth opportunities in this area.

- Invest in technology to boost efficiency and service in the supply chain industry.

- Maintain robust relationships with customers and adapt to their evolving needs.

- Keep an eye on leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits to anticipate market trends.

Listener Challenge

Seize the opportunity to strategically invest in your business and deepen your connection with customers during market downturns.

Next Steps

To learn more about RXO and how they can bolster your business in the supply chain industry, visit rxo.com.

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Mike Baudendistel interviews independent railroad analyst Tony Hatch following his Rail Trends conference.

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In today’s episode Hamish Woodrow, data scientist and head of strategic analytics at Motive joins us to talk about recent survey data on how businesses with physical operations lost over $1 million in revenue over the last year due to rising costs, economic instability, labor issues, supply chain disruptions, and operational inefficiencies.

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In this episode, we dive into the age old question, build it or buy it? Our guest Walter ‘Mitch’ Mitchell, CEO at Tai Software joins us as we pick apart when to buy software and when to take the DIY approach. He also teaches us what to look for when sourcing some solutions. For more information subscribe to Check Call the newsletter or the podcast.

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FreightWaves’ Mike Baudendistel and Grace Sharkey discuss CPG companies’ conservation efforts, ultra-processed foods, the freight market and continued pressure on consumers.

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On today’s episode of WHAT THE TRUCK?!? Dooner is talking to TransForce’s Kelly McGurk about its mission to get Mattel to make a trucking Barbie. One crucial profession Barbie has yet to explore is truck driving. Recognizing women’s significant role in the trucking industry, where they currently make up 14% of the workforce, TransForce aims to highlight women’s contributions to the industry and inspire young girls to consider careers in transportation.

Father and son team Max and Zach Schuchart show off their latest freight game, Supply Chain Bingo. Max is 12 years old and Zach works for Optimal Dynamics. They’ve teamed up to teach your kids trucking while killing time on road trips. 

Travelers’ Scott Cornell breaks down the latest trends in cargo theft.

Reliance Partners’ Thom Albrecht looks ahead to 2024 and shares when he thinks capacity and volumes hit equilibrium. Also, what do inventory levels and the housing market say about the health of supply chains?

J. J. Keller’s Kathy Close has the latest report on DOT drug testing trends. 

Plus, a missing trucker’s family needs your help; dangerous bridges; side impact testing; and the Grinch gets strap worked. 

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Nigel Hysom - SVP, Global Enterprise Sales - Transcard

Dan Heinen - CEO - Kleinschmidt

Peter Gowanlock - VP, Supply Chain Solutions - KNNX

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