Optimizing Freight Brokerage Recruitment Processes Our latest State of Logistics report shows that market forces in the logistics industry have pushed organizations to invest more in “sales-oriented” roles. Sales skills like high-converting cold outreach, technological proficiency, negotiation, problem-solving, and relationship-building are especially vital today. This “change” pressures new hires at freight brokerages to develop skills …
by Nick Likens 
Managing logistics has always been about managing costs, and costs keep rising. The latest State of Logistics Report from the Council of Supply Chain Management Professionals shows that total U.S. business logistics costs soared 19.6% to a record-breaking $2.3 trillion in 2022. While the latest LMI data indicates positive outlooks on industry growth, the costs …
by Nick Likens 
Costs of Turnover – Did You Know? Did you know that the costs of turnover for an employee with a base salary of $60,000 is between $120,000 and $180,000 (2-3x their base) to replace them? (Source: Society for Human Resource Management (SHRM)) When you factor in: • HR Expenses • Onboarding and Training • Lost …
by Nick Likens 
How the LMI Explains the State of Logistics The following is an excerpt from our “State of Logistics – Q1 ’24” report regarding the Logistics Managers’ Index (LMI). To read our full “State of Logistics” report for Q1, you can download it for free here. What is the Logistics Managers’ Index (LMI)? One of the …
by Nick Likens 
Crosstown Ventures Acquires Top Talent, LLC Fishers, IN – Crosstown Ventures, an operationally focused private investment firm, is thrilled to announce its acquisition of Top Talent, LLC, a distinguished talent acquisition firm based in Fishers, Indiana. Founded in 2014, Top Talent, LLC has spent the last ten years establishing itself as a leader in talent …
by Nick Likens 
State of Freight – 2023 Welcome to the “State of Freight – 2023” a comprehensive guide for decision-makers to expertly navigate the next twelve months in Logistics. In this report, we’ll reveal the truth behind recent layoffs, share the rate fluctuation we see, uncover Air, Ocean, and Warehousing’s potential, and decide whether our industry can …
by Nick Likens 
The Fallout From Yellow Corp – 4 Observations In Early August of 2023, Yellow Corp. officially declared bankruptcy sending ripples throughout the Logistics and Transportation industry. What’s next for Yellow Corp’s employees? On top of that, shippers still need to move their products via LTL, so where is that going to go? Let’s find out! …
by Nick Likens 
Improving Work-Life Balance in Logistics When you engage in discussions about “work-life balance” with executives in the Logistics industry, you might notice a disheartened or puzzled expression on their faces. Is achieving work-life balance even possible in this fast-paced, demanding field? The answer is technically “yes,” but the reality is that many individuals struggle to …
by Nick Likens 
Halfway through the year, it’s important for Logistics companies to take note of their bearings and market conditions so they can make the most out of the latter half. Here are five headlines within the Logistics and Supply Chain world with our CEO (Mike Monson)’s “Top” takeaways you can implement in your own firm. 1) …
by Nick Likens 
In a surprising move that has left many industry observers intrigued, Krispy Kreme, the beloved donut chain, has embarked on a transformation into a logistics company. Mike Tattersfield, the CEO of Krispy Kreme, highlighted the company’s strong performance during the first quarter of 2023, emphasizing the impact of global holiday campaigns and the significant growth …
by Nick Likens Input your search keywords and press Enter.