2020 Projected to be the Busiest Peak Capacity Season Yet
It’s no secret that the Covid-19 pandemic has made many consumers value e-commerce shopping above traditional in-store experiences. As the holiday season begins in full force, the transportation industry is realizing that online shopping is creating what may be the busiest peak capacity season yet.
Popular transportation companies including FedEx, UPS and DHL are all experiencing a surge in order volume thanks to online shopping. Order volume is expected to continue trending upwards as consumers shop for holiday presents and décor.
While brick and mortar locations won’t have to worry as much about the foot traffic coming through their doors, shippers will have additional freight to transport.
Technology’s Role in Conquering Peak Capacity Season
The secret to handling a next-level peak season (and an overall unpredictable year) lies within technology. Shippers worried about an extra busy peak capacity season should consider joining a network that benefits both shippers and carriers to find beneficial opportunities for collaboration.
A shipping network makes it easier than ever to find truckload capacity. Users can compare negotiated truckload rates from their carriers against carriers that are a part of the network. With so many carriers to choose from, shippers can be sure they are getting the best rate for their freight. Instead of juggling multiple websites, making phone calls and sending emails to find a truck, users can satisfy all of their shipping needs on a single platform.
Shippers are not the only ones who benefit from a shipping network. Carriers looking to establish long-term relationships with shippers and fill backhaul can leverage a shipping network. When they join, carriers can specify their preferred lanes to make sure they are only connecting with shippers doing business in those lanes. It’s a win-win, carriers get more business and shippers can take advantage of the best prices.
Some advanced shipping networks offer RFP and lane analysis services as well. With a shipping network, the process of running bids and conducting RFPs is simplified, allowing shippers to consistently secure capacity. Carriers are able to take short-term opportunities on the spot market with shippers whose logistics goals align with theirs and turn them into long-term relationships with the help of an RFP service.
In order to make it through peak capacity season, shippers and carriers need to work together in a way that works for both parties. Technology like Kuebix’s Community Load Match makes mutually beneficial collaboration possible. Whether you are a shipper in search of the best rate for your freight or a carrier looking to fill empty capacity, technology is key in helping you make the most of this year’s peak capacity season!