Freightvine

Transportation procurement leader Andy Butler (Associate Director, North America Transportation Purchases @ Procter & Gamble) discusses how P&G has leveraged the power of empathy to become a shipper of choice — which is delivering results in both tight and soft freight markets. Andy goes on to explain how the company is partnering with its transportation providers and customers to be the voice of change in the industry. To wrap it up, he discusses how end-to-end supply chain synchronization is the future vision that P&G is working toward, and the journey they’re on to enact this change. (Bonus Q: Chris Caplice asks Andy to share his biggest takeaway from being a Boy Scout.) Inam Iyoob then joins Chris to share the latest market update and rate forecast for the North American Truckload market.

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Formally educated as an economist, Dr. Kristen Monaco (Associate Commissioner of Compensation and Working Conditions @ U.S. Bureau of Labor Statistics) has a unique pulse on the U.S. transportation labor market. In this episode, Chris Caplice gets a chance to discuss her latest industry research, including the questions that must be answered before the shift to autonomous vehicles can become reality. Kristen goes on to explain the effect that good, bad, and frictional unemployment has on the driver shortage. Their discussion closes with Kristen giving us all sides of the autonomous trucking phenomenon and walking us through some key takeaways from her past research. Inam Iyoob then joins Chris for this week’s market update and rate forecast.

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In this episode, Chris Caplice sits down with Brent Hutto (Chief Relationship Officer @ Truckstop.com) to talk about the benefits of increased data transparency and growing trust between parties in the spot market. Brent goes on to explain some owner-operator trends like tracking, shifting demographics, and improved efficiency. Their conversation wraps up by discussing the value of connected systems and the impact of ELDs along with other emerging technologies. Chris is then joined by Inam Iyoob to provide this week’s market update and rate forecast.

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In this episode, freight innovator Bill Driegert joins Chris Caplice to discuss how digital freight matchers like Uber Freight are shifting the traditional relationship between shippers, carriers, and drivers. Bill also explains the impact of increased visibility a la driver ratings and reviews as well as the benefits of a shared trailer pool like UberFreight’s Powerloop. Inam Iyoob then joins Chris to provide this week’s market update and rate forecast.

[02:47] In case you’re interested, here’s the 2016 Armstrong report about digital freight matching that Chris mentioned: https://www.3plogistics.com/product/digital-freight-matching-capturing-technology-based-efficiencies-trucking-industry/.

[10:51] To access Uber Freight’s 2019 Facility Insights Report, click here: https://businesses.uber.com/Facility-Ratings-Insight-Report-2019_Access.html.

[23:07] Learn more about Powerloop at Uber Freight here: https://www.uberfreight.com/blog/how-powerloop-helps-unlock-access-to-power-only-loads. 

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The freight broker business has changed significantly over the past 30 years. In this episode, Steve Raetz (Director, Research & Market Intelligence at C.H. Robinson) shares his take on:

• The value of freight visibility

To wrap it up, Chris Caplice and Inam Iyoob provide this week’s market update and rate forecast.

[04:41] For more information on Navisphere Vision, check out this link: https://www.chrobinson.com/en-us/navispherevision/.

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Based on the 250+ sourcing events he’s led, Kevin Zweier (VP, Transportation @ Chainalytics) shares some of the biggest lessons he has learned and makes a compelling case for transparency — for shippers and carriers alike — in order to make the most of your freight transportation sourcing events. Chris Caplice and Inam Iyoob then dig into this week’s market update and forecast as well as your feedback on the proposed HOS rule changes.

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In Part 2 of our conversation with Chris Sultemeier (former EVP, Logistics @ Walmart), the Chris duo goes deeper into problem-solving the driver shortage, the recent uptick in investment firm activity, and trends like autonomous vehicles, IoT, and e-commerce/last mile. This week's market update is presented by Inam, and then Chris and Inam share their views on the proposed HOS rule changes.

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Chris Sultemeier (former EVP, Logistics @ Walmart) shares what he learned from executing, managing, and eventually leading the transportation and logistics activities of the world's largest retailer for almost 30 years. In Part 1, the Chris duo talks about sustainability, IoT, and the driver shortage. This week's market update is presented by Inam and Chris.

10:04 — Chris S. mentions an interesting article about Trucks & IoT. In case you're interested, here's the link: https://www.wsj.com/articles/trucks-shift-into-higher-gear-with-new-technology-1532527764.

24:48 — Here’s a summary of the different rate types discussed in the market update:

Active: Contract rates that are regularly used in the routing guides

Spot: One-off rates from spot moves

Replacement: The difference between the new contract rates entering the routing guide and the older rate being replaced

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In this episode, Chris and Gary (Global EVP, Transportation Consulting & Intelligence Products @ Chainalytics) take a walk down memory lane to assess exactly what's changed in the transportation industry since the 1990s. Inam also shares the current state of the truckload market, while Chris provides a rate forecast.

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