Plus, electric trucks are costing more to operate than anticipated, Peloton claims Flexport cost them millions, and a truck driver passed out after police found cocaine in his cab.
Despite a shaky start in April, late-month improvements in freight metrics suggest potential for a boom within the next year.
Peloton alleges Flexport's inefficiencies led to millions in unfair detention and demurrage charges.
FreightWaves recognizes 25 shippers for outstanding collaboration and flexibility with their carrier partners in the 2023 Shipper of Choice awards.
FreightWaves announced the 2023 Shipper of Choice awards at its Future of Supply Chain conference. The awards, partnered with TriumphPay, recognize shippers that have exhibited exceptional collaboration, flexibility, and attention to their carrier partners. A mix of long-standing leaders and first-time awardees emerged this year, with two companies clinching their fifth consecutive wins and 15 new names appearing on the list. The nominations were analyzed using industry-specific data to choose 25 winners who provided exceptional service in terms of efficiency, operational effectiveness, and human decency, such as access to clean amenities for drivers.
Here are the winners of the 2023 Shipper of Choice awards:
Source: FreightWaves
āIf your wheels arenāt moving, youāre not making money.ā And what keeps your wheels from moving? Traffic. What also keeps your wheels from moving? Bad docks and long wait times.'https://t.co/AZfcgdxYNt
— Dooner š“āā ļø (@TimothyDooner) June 22, 2023
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.
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