The New Rules of Carrier Procurement
Shippers today operate in an increasingly complex logistics environment, where securing reliable carrier capacity while maintaining cost efficiency is a significant challenge.
Market volatility, rising freight rates, and capacity constraints necessitate a strategic, data-driven approach to carrier procurement and management.
Traditional transactional relationships with carriers no longer suffice. Instead, shippers are turning to the latest technology, including data analytics and strategic partnerships, to optimize their carrier relationships and ensure supply chain resilience.
Already, 86% of 3PLs are using advanced algorithms to compute optimal shipping routes.
This white paper explores the best practices for shippers seeking to optimize carrier procurement and build stronger, long-term partnerships using data-driven methodologies and technology-enabled platforms.