Transportation procurement has evolved into a cyclical process where standard and specialized services are tendered on a set cadence. Shippers should consider several factors in their network bid strategy.
Sustainability is important. Volatile fuel prices, increased regulation and pressure from key stakeholder groups have converged to create a challenging environment that shippers are now struggling to navigate.
Strategic shippers realize one obvious way to “green up” their operations is to examine supply chains. Because transportation providers are such big pieces of the supply chain puzzle, it makes sense to work with those committed to operating as environmentally soundly as possible.
The railway freight industry has come a long way since the 1800s when horses pulled train cars and few were using words like “network” and “efficiency” to describe the advancement in the movement of goods.