Industry News

  • Business - Transportation
    FMCSA Requesting Public Comments Regarding FAST Act Correlation Study

    FMCSA Requesting Public Comments Regarding FAST Act Correlation Study

    - by Transplace

    The mission of the Federal Motor Carrier Safety Administration (FMCSA) is to “reduce crashes, injuries and fatalities involving large trucks and buses.” To facilitate this mission, the FMCSA uses the Safety Measurement System (SMS), to rank commercial motor vehicle carriers by the degree to which they operate safely¹.

  • Business - Transportation
    Transplace Selects New Equity Partner TPG Capital

    Transplace Selects New Equity Partner TPG Capital

    - by Transplace

    By: Tom Sanderson CEO, Transplace and Frank McGuigan, President & Chief Operating Officer, Transplace

    Yesterday, Transplace announced that we have selected TPG Capital as our new equity partner. We are thrilled to join with TPG, and this partnership presents significant opportunity for both us and all of our customers.

    TPG is our third private equity partner in the past seven years, and we recognize the value they bring to the table in continuing to build and grow our business – which, in turn, allows us to continue to enhance the customer experience. They have a long history of creating value across sectors, including software, technology and industrials, and is an ideal fit to further support Transplace’s mission and vision. This acquisition brings a number of benefits to Transplace, including:

  • Business - Transportation
    Summing up Shipper Symposium 2017

    Summing Up Shipper Symposium 2017

    - by Transplace

    Our 15th annual Shipper Symposium wrapped up last week in beautiful Austin, and wow – what a fantastic event! Given the line-up of speakers, activities and attendees – we’re pretty confident that this one has been the best yet. A very BIG thank you to all the customers, carriers, partners and speakers who came and contributed to this year’s event. We hope you enjoyed it and got as much value out of it as we did.

  • Business - Transportation
    Shipper Symposium Series Webinar: Ocean Carrier Alliances - What You Need to Know

    Shipper Symposium Series Webinar: Ocean Carrier Alliances – What You Need to Know

    - by Transplace

    What used to be four primary ocean carrier alliances has now transformed into three different ocean carrier alliances, which kicked off services on April 1. The new alliances represent 77% of global container capacity and 96% of all East-West trades’ container capacity. While the changing atmosphere of new ocean carrier alliances for containerized cargo isn’t something new, thanks to a tumultuous last few years – these ocean carriers reshuffled partnerships in hopes of achieving better financial performance.

  • Business - Transportation
    Mexican Fuel Price Hike

    Mexican Fuel Price Hike: What You Need to Know

    - by Transplace

    By: Ben Enriquez, SVP Transportation Services

    In Mexico, the government controls fuel prices, and has done so for many years – and the intent of deregulating the country’s fuel market has been to reflect global fuel pricing conditions. However, in the past three years, the current government has not adjusted diesel prices in accordance with the global standard. In December 2016, the Mexican government announced an increase in diesel prices for this January. Many had thought that it would be a small increase, but on January 1, the price of diesel went up a whopping 13% – 20% (depending on the region).

  • Business - Transportation
    Transportation TIP List: Week of December 11th, 2016

    ELD Survey Series: ELDs and the Long-Term Industry Impact

    - by Transplace

    In part 1 of this series, I discussed the recent ELD Survey conducted by Transplace in order to gain insight into the implementation preparedness of transportation carriers and the expected industry impact of these devices. In this post, I’ll outline more of the key takeaways from the survey and discuss how ELDs will be impacting the transportation industry overall in the long term.

  • Business - Transportation
    Transportation TIP List: Week of December 11th, 2016

    3PL Industry Update: Combining Technology and Industry Expertise

    - by Transplace

    The 3PL industry continues to evolve and grow – presenting tremendous opportunity for shippers. As we get ready to head into Q4, I wanted to briefly comment on some of the changes that we are seeing in the market.

  • Business - Transportation
    Transportation TIP List: Week of December 11th, 2016

    Your Next Transportation Management System: TMS 2.0 – Part 1: The Supply Chain Never Sleeps

    - by Transplace

    The supply chain never sleeps. At all hours of the day and night, shipments are moving, data is being produced and exchanged and external factors that can impact your operations can arise. In part one of this two-part blog series, I’ll explain how today’s advanced technology systems now give you the visibility and capabilities necessary to control your supply chain more effectively than ever before.

  • Business - Transportation
    Transplace Logistically Speaking-Mockup1

    Changes to the Uniform Straight Bill of Lading: What You Need to Know

    - by Transplace

    Recently, the National Motor Freight Traffic Association (NMFTA) made several changes to the terms and conditions of the Uniform Straight Bill of Lading (USBL) published in the National Motor Freight Classification (“NMFC”) that have the potential to greatly impact the liability for lost or damaged cargo.

  • Business - Transportation
    Transplace Logistically Speaking-Mockup1

    2016 Carrier Symposium: Congratulations to Our Carriers of the Year!

    - by Transplace

    Last week, we were thrilled to hold our Annual Carrier Symposium in Lowell, Arkansas – a collaborative forum for carriers to network and discuss current transportation trends and challenges that are impacting both carriers and shippers in the industry. This one-day event hosted 200 attendees from Transplace’s core carrier partners and 125 carriers were represented.

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