With margins crushed and volumes plummeting, freight companies are struggling to stay afloat. On this episode, top logistics consultant Abby Hafenbredl reveals the strategies actually working for brokers and fleets - and the steps you must take to future-proof your operations.
Abby joins us to discuss the challenges facing the transportation industry due to decreased volumes, labor shortages, and infrastructure issues exacerbated by the pandemic. She shares insights from her work with Lean Solutions Group optimizing operations for freight companies. Main Topics:
Margin compression issues and the costly mistakes others made during COVID that backfired
New business models needed to stay profitable as the market evolves
Understanding true operational costs and partnering strategically with carriers and shippers
Integrating technology, nearshoring, and route optimization to boost efficiencies
Key Takeaways:
Evaluate workflows and outsource non-revenue generating tasks to reduce costs
Partner with tech companies to assess productivity and identify opportunities
Create consistency for carriers by pairing freight and optimizing routes
Develop strategic, long-term partnerships for mutual benefit
Listeners gain an action plan for optimizing their transportation operations through proven strategies that will future-proof their business and ensure sustainable success no matter ongoing volatility or disruptions in global trade.
Enjoy the show!
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
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