FreightWaves LIVE: An Events Podcast

Walter (Mitch) Mitchell, CEO at Tai Software sits down with FreightWaves’ Mary O’Connell to answer the ultimate question: “Build or buy a TMS?” Mitch breaks down the pros and cons of each side and factors that are crucial to knowing what the right answer should be.Walter Mitchell - CEO - Tai SoftwareMary O'Connell - Freight Broker/3PL Expert - FreightWaves Learn more about your ad choices. Visit megaphone.fm/adchoices

Summary Join us for a riveting keynote at the Domestic Supply Chain Summit where Thomas Wasson interviews Jared Weisfeld, the Chief Strategy Officer at RXO. They delve into the future of the supply chain industry, discussing the outlook for 2024, inventory positions, consumer health, capacity exits, the shift from goods to services, nearshoring trends, and the significance of strategic planning and execution in the industry. Key Highlights - Inventory positions for retail and e-commerce customers, a concern in 2023, have shown improvement as we head into 2024.- The health of consumers and the shift in the mix between goods and services were significant factors impacting the supply chain in 2023.- The rate of carrier attrition and capacity exits continue to be critical considerations for the freight economy.- Nearshoring is emerging as a long-term trend with potential positive impacts on the US freight economy.- Investments in technology and fostering strong customer relationships are pivotal strategies for success in the supply chain industry.- Leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits are key to predicting market trends. Guests Jared Weisfeld serves as the Chief Strategy Officer at RXO. With a rich background in the technology sector, Jared joined the company in 2023. He is responsible for steering the strategic direction of the company and has played a crucial role in harnessing technology to enhance operations. Resources - rxo.com Action Steps - Stay informed about the state of the supply chain by monitoring inventory positions and consumer health.- Evaluate the potential benefits of nearshoring for your business and explore growth opportunities in this area.- Invest in technology to boost efficiency and service in the supply chain industry.- Maintain robust relationships with customers and adapt to their evolving needs.- Keep an eye on leading indicators such as load-to-truck ratios, tender rejection rates, and carrier capacity exits to anticipate market trends. Listener Challenge Seize the opportunity to strategically invest in your business and deepen your connection with customers during market downturns. Next Steps To learn more about RXO and how they can bolster your business in the supply chain industry, visit rxo.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nigel Hysom - SVP, Global Enterprise Sales - TranscardDan Heinen - CEO - KleinschmidtPeter Gowanlock - VP, Supply Chain Solutions - KNNX Learn more about your ad choices. Visit megaphone.fm/adchoices

Sean Laidacker - Managing Director - Loyalty LogisticsAnthony Smith - Chief Economist - FreightWaves Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeff Ogren - President - Zelh LogisticsAnthony Smith - Chief Economist - FreightWaves Learn more about your ad choices. Visit megaphone.fm/adchoices

Julian Alvarez - Founder & CEO - LogixboardTerry McElroy - Director, International Services - R&L Global LogisticsRussell Young - Director of Sales - Averitt Express Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Sultemeier - Operating Partner - NewRoad Capital PartnersMary O'Connell - Freight Broker/3PL Expert - FreightWaves Learn more about your ad choices. Visit megaphone.fm/adchoices

In a dynamic and interconnected global economy, businesses are continually affected by disruptions and challenges that can hinder on-time delivery of goods. In this fireside chat, we will discuss how Oracle’s transportation management and AI/ML solutions help companies build a resilient and sustainable logistics network, and Loup Logistics – part of Union Pacific, will be sharing how they optimized their transportation network, becoming a single point of entry for all internal and external orders.Joan Lim - Director, Product Marketing - OracleSrini Rajagopal - Vice President, Logistics Product Strategy - OracleJacklyn Aponte - Senior Manager – Strategic Project Delivery - Loup Logistics Learn more about your ad choices. Visit megaphone.fm/adchoices

Kristin LeBlanc - Head of Marketing and Acquisition - Amazon Freight PartnerThomas Wasson - Enterprise Trucking Carrier Expert - FreightWaves Learn more about your ad choices. Visit megaphone.fm/adchoices

Richie Daigle - Enterprise Account Executive - TiveMichael Caney - Chief Commercial Officer - HighwayAnthony Smith - Chief Economist - FreightWaves Learn more about your ad choices. Visit megaphone.fm/adchoices