FreightWaves NOW

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Jun 25, 2024 • 10min

Enhancing Back Office Operations in Freight Brokerage

Good morning and happy Tuesday! Welcome to your FreightWaves NOW Community Spotlight. Today, we are thrilled to be joined by Mary O'Connell, the host and writer of "Check Call." In this episode, Mary dives into the often overlooked but crucial aspect of freight brokerage – back office operations. She discusses her recent conversation with Mitch Mitchell from Tie Software about the importance of investing in back office functions like accounting, operations support, and accounts receivable. Discover why these departments are essential for the smooth running and financial health of any brokerage, and how they can foster better relationships and efficiency between different teams. Mary and Mitch also touch on the common tension between freight brokers and back office staff, emphasizing the need for collaboration and understanding that each team's success is interconnected. Learn how adopting advanced technology, like TMS systems, can streamline processes, enhance visibility, and ultimately contribute to the overall success of a business. Make sure to catch the full episode at 12:30 PM Eastern today on FreightWaves' YouTube channel. Don't miss out on other great content by subscribing and hitting the notification bell. For more updates, subscribe to the "Check Call" newsletter on freightwaves.com/check-call. And if you're thinking about attending F3 in November, subscribing to the newsletter might just come with a surprise! Timestamps: 00:00:14 - Introduction and Welcome 00:00:33 - Conversation with Mitch Mitchell from Tie Software 00:00:54 - Importance of Back Office Operations 00:02:23 - Different Priorities and Tensions between Teams 00:04:32 - Role of Technology in Back Office Efficiency 00:06:04 - Visibility and Payment Processes 00:08:29 - Conclusion and Show Details Subscribe to FreightWaves NOW for more insightful discussions and industry updates! #FreightWavesNOW #FreightBrokerage #BackOfficeOperations #CheckCall #TMS #Logistics #SupplyChain #Technology #FreightWaves #CommunitySpotlight #Finance #Accounting #OperationsSupport #Visibility #PaymentProcessing #F3 Subscribe to the Check Call newsletter: freightwaves.com/check-call Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 21, 2024 • 9min

Ensuring Integrity in Pharmaceutical Deliveries

Good morning and happy Friday! Welcome to your FreightWaves NOW community spotlight. Join host Kelly Nix as she sits down with Mary O'Connell, host and writer of the "Running on Ice" community, for an exciting update this Friday. In this episode, Mary discusses: The rise of life sciences in the cold chain industry. Ken Co's recent partnership with CU Pharma and its impact on pharmaceutical sample delivery. The challenges and solutions for maintaining product integrity in temperature-sensitive medicine deliveries. The importance of personalized medicine and how it benefits individuals with chronic illnesses. Stay ahead in the cold chain world with insights into the latest technologies and trends. Don't miss out—subscribe to our YouTube channel and hit the notification bell to stay updated. For more in-depth content, sign up for our newsletter at freightwaves.com/runningonice. Watch the full episode here: [link] #FreightWavesNOW #RunningOnIce #ColdChain #LifeSciences #Pharmaceuticals #HealthTech #SupplyChain #KenCo #CUPharma #TemperatureSensitive #PersonalizedMedicine #HealthcareInnovation #FreightWaves Timestamps:  00:00 - Introduction and welcome  00:28 - Running on Ice and summer cold coffee  01:07 - Episode preview: Ken Co and CU Pharma partnership  01:54 - Impact on pharmaceutical sample delivery  02:23 - Challenges of temperature-sensitive deliveries  03:21 - Benefits of personalized medicine for chronic illnesses  04:12 - Gene therapies and clinical trials  04:32 - Ensuring product integrity in the cold chain  06:21 - New technology in cold chain logistics  07:16 - Accessibility and autonomy in healthcare  07:45 - Where to find more episodes and the newsletter Enjoy the episode and have a great weekend! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 20, 2024 • 11min

The Importance of Seatbelt Safety in Trucking

Good Thursday morning, everybody. Welcome to FreightWaves Now Community Spotlight! I'm Kaylee Nix, joined by the one and only, always imitated but never quite duplicated, Thomas Wasson. It's time for Loaded & Rolling! Join us as we discuss a range of topics including the importance of seatbelt safety in the trucking industry. Despite regulations, many truck drivers still neglect to wear their seatbelts, leading to fatal outcomes. We delve into the statistics, theories behind the hesitancy, and the impact on safety scores. We also touch on recent data from Motive, showing increased visits to big box retailers. Despite economic uncertainties, Americans continue to spend, raising questions about the current state of the freight market. Tune in for an informative session packed with knowledge and insights. Don't forget to subscribe to our newsletter and catch our show next Tuesday at 2:00 PM on FreightWaves! Timestamps: 00:00 - Introduction and welcome 00:32 - Seatbelt safety in trucking 06:39 - Economic report and retail data analysis 09:58 - Closing remarks and upcoming show details Subscribe for more industry insights and updates! FreightWaves NowNewsletter #FreightWaves #LoadedAndRolling #TruckingSafety #BigBoxRetail #EconomicReport Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 31, 2024 • 11min

Insurance Insights with Circle Logistics

Good Friday morning, everybody! Welcome to today's FreightWaves Now community spotlight. I'm Kaylee Nix. It's Friday, so we get to check in with the one and only Mary O'Connell. Today, we dive into the often overlooked but crucial topic of carrier insurance with the folks from Circle Logistics. In This Episode: 00:00 - 00:13 Introduction: Kaylee Nix welcomes viewers and introduces Mary O'Connell. 00:13 - 00:33 Carrier Insurance: Exploring why carrier insurance is essential and how it impacts the logistics industry. 00:33 - 00:56 Episode Background: Mary shares her experience and the importance of understanding carrier insurance from her broker days. 00:56 - 01:18 Insurance Coverage: Discussing the significance of having the right amount of coverage and the risks of underinsured loads. 01:18 - 01:43 Cold Chain Concerns: The heightened importance of insurance in temperature-controlled logistics. 01:43 - 02:21 Finding the Right Carrier: Tips on selecting carriers with proper insurance coverage and avoiding potential risks. 02:21 - 02:45 Carrier Vetting: The process of vetting carriers and ensuring their insurance legitimacy. 02:45 - 03:08 Insurance Minimums: Understanding state and federal insurance minimums and their implications. 03:08 - 03:28 High-Value Loads: The challenges of insuring high-value shipments like farm equipment. 03:28 - 03:49 Importance of Insurance: Why even temporary extra coverage can be crucial. 03:49 - 04:23 Coverage Specifics: Ensuring specific commodities, especially in cold chain, are covered under the carrier's insurance policy. 04:23 - 04:54 Insurance Fraud: Navigating the risks of insurance fraud and verifying carrier insurance authenticity. 04:54 - 06:32 Verification Process: Practical tips for verifying carrier insurance to prevent fraud and ensure coverage. 06:32 - 07:59 Cross-Border Insurance: The complexities of insurance for cross-border transportation, especially with Mexico. 07:59 - 09:15 Upcoming Events: Mary previews her participation in the Future of Supply Chain event in Atlanta, Georgia. 09:15 - 09:58 Event Highlights: What to expect at the Future of Supply Chain event and how to join. 09:58 - 10:23 Closing Remarks: Kaylee and Mary wrap up and encourage viewers to join them in Atlanta. Stay Connected: Subscribe to Freightwaves Now for more industry insights and updates. Follow us on social media for the latest news and behind-the-scenes content. Visit our website at freightwaves.com for more information. Don't Miss Out: Join us at the Future of Supply Chain event in Atlanta, Georgia! Get your tickets now at live.freightwaves.com. #FreightwavesNow #CarrierInsurance #Logistics #Freightwaves #SupplyChain #FutureOfSupplyChain #Insurance #ColdChain #CrossBorderLogistics Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 30, 2024 • 10min

Truck Parking Drama, Drug & Alcohol Clearinghouse Updates

Join us on this episode of "Loaded and Rolling" where Kaylee and Thomas Watson dive into the ongoing saga of truck parking and the recent updates on the Drug & Alcohol Clearinghouse. In This Episode: 00:00 - 00:46 Introduction: Kaylee welcomes everyone and introduces co-host Thomas Watson. 00:46 - 01:31 Truck Parking Drama: Discussing the age-old issues of truck parking and how it's evolving today. 01:31 - 02:01 Truck Parking Economics: The balance between free and paid parking and the economics behind it. 02:01 - 02:46 Public vs. Private Parking: The debate over free parking vs. monetized parking options. 02:46 - 03:57 Historical Context: The history of toll roads and how it relates to modern-day parking issues. 03:57 - 05:23 Trucking Industry Challenges: The current state of trucking and parking infrastructure. 05:23 - 05:43 Economics 101: Incentives in the trucking industry and how they impact parking availability. 05:43 - 06:08 Special Guest: Highlights from this week's episode with Mike Pritchett, President and Chief Strategy Officer of Fleetworthy Solutions. 06:08 - 08:58 Clearinghouse Insights: Detailed discussion on the Federal Motor Carrier Safety Administration's Drug and Alcohol Clearinghouse and its impact on the trucking industry. 08:58 - 09:33 Upcoming Events: Preview of the Future of Supply Chain event in Atlanta, Georgia, and what to expect. 09:33 - 09:42 Closing Remarks: Wrapping up and looking forward to the next episode. Stay Connected: Subscribe to "Loaded and Rolling" for more insightful discussions on the trucking industry. Follow us on social media for the latest updates and behind-the-scenes content. Visit our website at freightwaves.com for more information. Don't Miss Out: Join us at the Future of Supply Chain event in Atlanta, Georgia! Get your tickets now at live.freightwaves.com. #TruckParking #TruckingIndustry #LoadedAndRolling #Freightwaves #SupplyChain #Clearinghouse #Economics #FutureOfSupplyChain Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 29, 2024 • 12min

Latest from the ACT Expo & EV Trends

Welcome to your Wednesday FreightWaves Community Spotlight! Join hosts Kaylee Nix and Alan Adler as they break down the latest episode of Truck Tech, live from home. Alan shares his experience at the ACT Research Expo in Las Vegas, exploring innovations from tech startups and major players like Tesla. 00:00:00 - Welcome and introduction 00:03:09 - Highlights from the ACT Expo 00:05:44 - Insights from the CO Mobility Summit 00:06:31 - Discussion on the future of electric trucks 00:08:49 - Update on Workhorse and other companies to watch 00:10:58 - Upcoming events and special offers Alan also discusses moderating a panel at the CO Mobility Summit, focusing on EV adoption for both consumers and commercial sectors. Plus, get an update on Workhorse and other companies on the bubble in the electric truck space. Don't miss the latest Truck Tech show and newsletter! Subscribe at freightwaves.com to stay informed and get special offers for the upcoming Future of Supply Chain event in Atlanta, Georgia. Subscribe to our channel and hit the bell icon to stay updated with the latest in freight and supply chain news! #TruckTech #ACTExpo #EV #ElectricVehicles #Freightwaves #SupplyChain #Logistics #FutureOfSupplyChain Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 28, 2024 • 11min

Balancing Act: Exploring Asset Light, Smart, and Heavy Models in Logistics

Host: Kaylee Nix Guest: Mary O'Connell, host and writer of the Check Out newsletter Episode Highlights: Holiday Weekend Recap: Kaylee and Mary discuss their Memorial Day weekend celebrations. Special Guest: Meet Josh Allen (not the Buffalo Bills quarterback) from ITS Logistics. Asset Light Brokerage: Explore the complexities of managing an asset-light brokerage and the importance of strong carrier relationships. Cost Management: Discover hidden fees and unexpected costs in ramping up or starting an asset-light brokerage. Asset Smart Model: Learn about the middle ground between asset-heavy and asset-light operations, and the technologies needed for success. Brokerage Success: Discussion on which model—asset light, asset smart, or asset heavy—tends to be more successful. Tune in for insights into the logistics industry and more! Watch Now on FreightWaves! Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 24, 2024 • 9min

Memorial Day Weekend Prep: Discover the Ultimate Cold Chain Solution!

Top Memorial Day Weekend Prep: Tune in to find out why this is the number one stop for your Memorial Day weekend preparation. Innovative Cold Chain Solution: Explore Tower Cold Chain's new phase change material cooling system. Perfect for Clinical Trials: Specifically designed for small pharmaceuticals and clinical trials, ensuring ultra-cold temperature maintenance. Compact and Efficient: Fits in small parcels, suitable for UPS and FedEx systems. Pyramid Shape: Scientifically chosen to minimize potential temperature deviations and weak points. Customizable: Available in any size and color to match company branding. Durable and Long-lasting: Average lifespan of 5 to 10 years, reducing the need for frequent replacements. Enhanced Protection: Superior to one-time use gel packs or dry ice in protecting contents. Comprehensive Tracking: Compatible with tracking device or your own system for complete visibility. Affordable High-end Solution: Ideal for expensive clinical trials with specific transportation needs. Learn More: Watch on FreightWaves for detailed insights and start your Memorial Day weekend with the latest in cold chain technology. Watch Now on FreightWaves! Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 23, 2024 • 10min

CTPAT Explained: Enhancing Security and Visibility in Freight

Welcome to the FreightWaves Community Spotlight on this Thursday morning! Join host Kaylee Nix and special guest Thomas Wasson as they discuss the hottest topics in the freight community. In this episode: Introduction and Overview: Kaylee and Thomas kick things off with an energetic introduction. CTPAT Explained: Thomas dives into the Customs Trade Partnership Against Terrorism (CTPAT), emphasizing its importance in preventing terrorism and enhancing visibility in cross-border movements, particularly in the context of nearshoring. Freight Market Updates: Insights into the current state of the freight market, including seasonal bumps and the impact of road check week on spot rates. Segment-Specific Trends: Analysis of trends in different segments of the freight market, including dry van, reefer, and flatbed. Upcoming Guests and Shows: A sneak peek at future episodes of "Loaded and Rolling," featuring industry experts and timely topics. Key Topics: CTPAT and Cross-Border Security Freight Market Seasonality Segment-Specific Freight Trends Impact of Road Check Week Memorial Day Market Predictions Don't miss out on the latest insights from the freight industry. Subscribe to "Loaded and Rolling" for weekly updates and expert interviews. Stay Connected: Watch "Loaded and Rolling" live on FreightWaves TV every Tuesday afternoon. Catch up on past episodes on our YouTube channel. Subscribe to our newsletter for more in-depth analysis and updates. Follow Thomas Watson: Twitter: @ThomasWasson7 Email: twasson@freightwaves.com Make sure to like, comment, and subscribe for more freight industry insights! Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 21, 2024 • 10min

How to Know When It's Time to Switch Your TMS

Good morning and Happy Tuesday! Welcome to today's FreightWaves NOW Community Spotlight. Kaylee is joined by Mary O'Connell to discuss everything about TMS (Transportation Management Systems). Sponsored by Tai Software, this episode features an insightful conversation with Mitch Mitchell, the CEO of Tai Software. Tune in to learn about: The signs indicating it's time to switch your TMS Evaluating the benefits versus challenges of switching TMS software Key considerations for choosing the right TMS provider Tips for managing the transition process smoothly Don't miss out on this valuable information, especially if you're considering a TMS upgrade. Make sure to subscribe and click the notification bell to stay updated with all our latest episodes. Resources: Tai Software: tai-software.com FreightWaves: freightwaves.com Connect with Us: Subscribe to our YouTube channel for more episodes and updates. Follow us on social media for the latest news and insights. Hashtags: #FreightWavesNOW #TMS #TransportationManagement #Logistics #FreightTech #SoftwareSolutions #SupplyChain #TieSoftware Stay tuned and join us for more insightful discussions on the latest trends and innovations in the freight and logistics industry! Learn more about your ad choices. Visit megaphone.fm/adchoices

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