Guest Editorial: What Do You Love About Being a Freight Broker?

Penske Logistics trucksThe transportation industry has a wonderful legacy of entrepreneurs and innovators. However, not every legendary tale is of someone whose new business start-up became one of the household names we all know today. There are many lesser-known success stories out there including freight brokers.

These are folks who may have learned the business working for a larger carrier or broker and then set out on their own as a small business enterprise. [Read more...]

Northeastern’s Supply Chain Expo Canceled

CSCMP Penske LogisticsThe Supply Chain Networking Expo scheduled for Wednesday, Jan. 22,  at Northeastern University, Boston, has been canceled because of the snow storm. [Read more...]

Penske Attending MSU Supply Chain Career Fair

penske logistics, peoplePenske Logistics is seeking qualified candidates for its Supply Chain Leadership Program (SCLP) at the Supply Chain Management Career Fair from 2-6 p.m. Wednesday, Jan. 22, in the Breslin Student Events Center, Michigan State University, East Lansing, Mich. [Read more...]

Guest Editorial: Top 5 Things to Look For in a Freight Broker

Cargo containersThe critical nature of supply chains in today’s business environment is taxing the already lean logistics staffs of shippers. Beyond just running the business, logistics teams are spending more time on analytical projects, what-if scenarios and network designs. The list goes on and on.

Getting things done requires capable partners and one area of attention is in carrier sourcing. [Read more...]

Reverse Logistics Plans Cut Costs and Increase Customer Satisfaction

A happy couple holding a credit card shopping onlineU.S. consumers were expected to spend $602 billion during the holiday season and 2013 returns were expected to reach around 10 percent of overall sales. That means over $60 million of merchandise is heading back to stores.

Reverse logistics costs the industry billions of dollars each year in the handling, shipping, insuring and processing of returned products. By implementing a comprehensive reverse logistics plan, shippers can simplify the process for both themselves and their customers. They can also cut costs and minimize waste. [Read more...]

Motor Carriers: Do You Know Your Compliancy Deadlines?

Highway drivingMotor carriers have a number of deadlines they need to meet in order to stay compliant. To help stay current on upcoming dates between now and the middle of 2014, here’s an overview of industry dates that need to be met. [Read more...]

Guest Editorial: How to Fix the Third-Party Logistics Talent Problem

penske logistics, peopleThird-party logistics companies worldwide say recruiting and retaining managers is one of their biggest challenges. Here are some steps providers can to take to remedy this growing concern. I have been conducting research into the third-party logistics (3PL) industry for nearly 25 years. For the last 20 years I have done three annual regional surveys of the chief executive officers (CEOs) of many of the largest 3PLs in North America, Europe and the Asia-Pacific region. [Read more...]

Guest Editorial: Static Pricing Models Out of Synch with Today’s Transportation Market

Highway photoI don’t know anyone who would argue with the assertion that supply chain operations must be highly dynamic and adaptable in order to succeed in today’s fast changing markets. Why is it, then, that pricing of transportation and other supply chain services remains a largely static process, based on annual bids and static routing guides that can never do more than reflect a single snapshot in time of a company’s freight volumes and flows? [Read more...]

Guest Editorial: Is Right Person Running Your Warehouse?

Stock Warehouse Leader PhotoDo you have the proper person running your warehouse operation today that will launch you into the next level of service required for tomorrow’s customers? Each year the logistic warehousing industry sees leaner margins due to ever increasing cost down initiatives by their customers. [Read more...]

Penske Honored with ATMC Excellence in Maintenance Training Award

Penske Wins ATMC Maintenance Training AwardPenske Truck Leasing was given a 2013 National Excellence in Training Award by the Automotive Training Managers Council (ATMC). One of seven companies to earn this honor, Penske was lauded for its heavy-duty and medium-duty truck preventive maintenance certification program for the 5,500 maintenance technicians and customer service representatives it employs across North America. [Read more...]