Taken all together, this means there is a good chance your routing guide is out of date and no longer serving your company’s needs. It’s also a sign that fixing it will require a more dynamic and adaptable approach that accounts for changing market conditions. Freight markets are always cyclical, but the pressures on the logistics function to continually optimize costs and minimize transit times are not going away.
How are shippers adjusting to the rapidly changing market? Let’s explore.
Tech, Routing Guides, and Reliable Capacity
Take Back Control
Leveraging technology that ensures your routing guide is filled with current rates and carrier options will extend your reach when it comes to finding the right partners. This is the power of a dynamic routing guide available with Loadsmart and MercuryGate’s digital freight TMS Integration. With the right TMS and technology partner resources at the core of your routing guide, you can find the capacity you need faster and at market-competitive rates.
Act Fast and Deliver with Precision
Make Your Routing Guide Dynamic
Having a dynamic routing guide in your TMS that’s loaded with vetted logistics partners who can handle your freight at market-appropriate rates is every logistics department’s goal. The old way of doing things through annual RFPs and static routing guides doesn’t work anymore. There is too much market volatility for those tactics to be practical or reliable.