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3 contributions to Freight Group
1d ago in
Cryptocurrency in Freight Shipping
Has anyone in our group worked in a shipping environment where a cryptocurrency was utilized to pay for the shipping of their freight? I know in eCommerce there are a number of sites where you can purchase and pay for the shipping in Crypto. Overstock, Shopify, NewEgg and Rakuten all accept crypto payments for shipping services. I know in Maritime freight the "ccc" container crypto coin was launched on ethereum ledger all the way back in 2018 but never made it to full adoption. But currently in Freight Trucking Transportation is anyone operating in this space? Any carrier planning on accepting Bitcoin or Crypto for payment or having their freight moved on a Blockchain ledger? Anyone have any insight into these developments it would be great to discuss where this is headed in terms of freight settlements in the future.
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New comment 4h ago
2 likes • 1d
I haven't seen that option at all yet.
8d ago in
Route Optimization
What are the best practices with route optimization? Any specific mapping software?
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New comment 6d ago
1 like • 7d
Lisa, for what kind of route/service?
1 like • 6d
@Lisa Taylor There's no reason to reroute a carrier unless you are asking them to pick up something else, which might require for them to take a different route. Other than that, as long as they get to point B when they are supposed to, it really doesn't matter what route they take. Not sure if that's what you were referring to.
14d ago in
LTL
Recently I've noticed a lot of LTL buzz. Personally I've never broken into this world. Sites such as WWEX, Unishippers, GLT, and Uship have always been suggested as a 3PL can get set up and have direct access to carriers on each platform. After having been setup, I have continually found that the rates I was given quite frankly cannot compete with what shippers are currently getting. Understable, you can't win them all, but I mean some rates don't even compare being 100s and even 1000+ difference. How have you guys been able to compete in the LTL world?
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New comment 9d ago
3 likes • 13d
@Steven Tittle I used FQ for a few months then stopped using them when I negotiated rates with all my LTL carriers. Same for my FTL carriers. It takes time to build a carrier network but it's worth it. We're on the TX/MX border and we do drayage as well. For ocean and air we don't have a good foot print yet. I have carriers but rates are not that great all the time. It just takes time to build it.
3 likes • 10d
@Tonnie Banks The biggest issue with LTL is getting an invoice for double what the quote was. It's usually because their scales captured the wrong weight or dims. That's a week long battle of having to prove them wrong. The other disadvantage is that the transit times are not guaranteed, but we all know that. Some customers still don't understand it but that's just how it works. On the positive side, rates are cheaper than FTL and the profit, at least for me, is better than FTL.
1-3 of 3
@joe-lopez-2766
I help people reach 6-figures with side hustles that actually pay.
Active 8h ago
Joined Nov 7, 2024
Texas
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