As companies across the country restock their inventories for the new year, manufacturers and business owners alike are using freight broker software and various types of load boards to achieve their goals. The use of transportation management software allows millions of items to successfully and efficiently make their way from manufacturing plants to the retail shelves in both large and small retail locations.
With the latest updates to freight broker software programs companies can make sure that they are able to track all of the items that they buy, understanding how long it will be until they get the products that they need. And while many people think about the holidays as the only time when getting the hottest items on schedule is important, the reality is that production and delivery times are important year round.
in fact, the hottest toys that everyone will be asking for next year are already decided and the schedule of distribution is in place. Companies that are making next year’s toys are likely across the ocean and the transportation time is significant. With the use of freight broke software and the latest in transportation tracking trends, finding the items that are needed for next week’s, next month’s, and next year’s inventory is manageable.
Consider some of these facts and figures about the transportation and freight delivery industry and the impact that it has on the nation’s economy:
12 million locomotives, trucks, rail cars, and vessels move goods across the transportation network.
The value of freight moved is expected to increase from $882 a ton in the year 2007 to $1,377 a ton in the year 2040, according to the U.S. Department of Transportation.
The Less than Truckload (LTL) market is estimated at approximately $35 billion.
As many as 5.9 million commercial motor vehicle drivers operate in the U.S., according to the Federal Motor Carrier Safety Administration.
23% of all for-hire freight tonnage can be attributed to retail, according to Satish Jindel, president of SJ Consulting Group.
Public truckload carriers report that the average length of haul has decreased 4% between the years 2011 and 2016, according to Jindel.
As the new year kicks into high gear, retailers across the country are using a variety of methods to make sure that they get the products that they need to make next year’s retail season a success.
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