GlobalTranz Executive Chairman Bob Farrell Interviewed by Supply Chain Now Radio
GlobalTranz Executive Chairman Bob Farrell recently sat down with the hosts of Supply Chain Now Radio to discuss current trends in the logistics and supply chain industry (listen to the full episode). Here are some highlights from the informative and wide-ranging discussion:
On the importance of culture:
On the importance of diversity and inclusion:
On how e-commerce is changing the freight marketplace:
On the outlook for the market in 2019:
About Supply Chain Now Radio
Supply Chain Now Radio (SCNR) spotlights the best in all things Supply Chain: the people, the technologies, the best practices, and the critical issues of the day. We bring experts, leaders, and practitioners together to share perspective and insight on the leading issues impacting the world of end-to-end Supply Chain Management today. SCNR’s podcasts and webinars have been downloaded almost 3 million times since May 2017.
Getting a Tech Edge: How Managed Transportation Providers Offer Shippers an Advantage
As shippers struggle to manage the increasing complexity of their supply chains, many are turning to Managed Transportation Services (MTS) providers for help.
In this article from FreightWaves.com, Ross Spanier, SVP Sales & solutions for GlobalTranz, shares his perspective on the benefits of partnering with a Managed Transportation Services provider, including access to cutting-edge technology, high-quality capacity, talented experts, and enhanced business intelligence.
Perhaps most importantly, according to Spanier, is partnering with a provider that supports their technology and service offering with consultative, strategically-oriented team members. “Part of the value in the technology is the people supporting it,” he says. “Talent is something that [customers] look for; people that will learn their business and help them on a strategic level. That can be missed.”
To learn more, please visit FreightWaves.com.
GlobalTranz Executive Chairman Bob Farrell To Appear On Supply Chain Now Radio
Tune in to Supply Chain Now Radio on Monday, February 28, 2019, to hear GlobalTranz executive chairman Bob Farrell and a distinguished line-up of guests, including U.S. Congressman Drew Ferguson, Steve Banker from ARC Advisory Group, Dr. Manjeet Singh from DHL Supply Chain, discuss the latest trends in supply chain and logistics.
Broadcasting live from the SMC3 Jump Start Conference, Supply Chain Now Radio (SCNR) spotlights the best in all things Supply Chain: the people, the technologies, the best practices, and the critical issues of the day. With over 3 million downloads in the last 2 years, Supply Chain Now Radio has become an important source for supply chain and logistics news and information.
In addition to his appearance on Supply Chain Radio, Farrell is slated to speak on the panel “E-commerce And The Changing Freight Landscape,” at Jump Start on January 28th.
For more details, and to listen to Supply Chain Now Radio, please click here.
Richard Vega, an authorized agent of GlobalTranz, shares his experience from attending the GlobalTranz Annual Freight Agent Conference.
“A routine day consisting of sales calls, customer service, and meetings leaves little room to build on my knowledge base. Our industry is rapidly evolving, and our competition is evolving with it! I am grateful for the GlobalTranz Agent Conference and recommend it for all who are seeking to keep up with the times and/or stay on top of the competition. The conference sets the stage for your success. I look forward to the upcoming 2019 Agent Conference and its platform which motivates me to stop, absorb, and strategize! Furthermore, the opportunity to connect with GlobalTranz team members during the Open House is a definite bonus. I can’t wait to pick their brains yet again!”
Freight Nation, LLC
Interested in attending the 2019 GlobalTranz Freight Agent Conference? Click here to register.
GlobalTranz and Impact Diversity Accepted into U.S. Small Business Administration’s All Small Mentor-Protégé Program
Joint Venture Gives GlobalTranz’s Clients One-Stop Access To Veteran- and Minority-Owned Small Business Partnerships
PHOENIX (December 13, 2018) – (GLOBE NEWSWIRE) GlobalTranz Enterprises, Inc., a leading technology-driven freight management solutions provider, and Impact Diversity Solutions Corporation (IDSC) have been approved and recognized by the U.S. Small Business Administration (SBA) through the All Small Mentor-Protégé program.
This joint venture gives GlobalTranz the ability to more efficiently serve customers with government contracts by providing one-stop access to a single entity that is classified as a Service Disabled Veteran Owned Small Business (SDVOSB), a Veteran Owned Small Business, a Small Business, and a Disadvantaged Minority Owned Small Business located in a Historically Underutilized Business Zone (HUBZone).
“We believe that when we support businesses such as Impact Diversity, it benefits everyone involved,” said Bob Farrell, CEO of GlobalTranz. “Satisfying diversity requirements through a single entity like GlobalTranz is more efficient for shippers. This streamlined access is great for the community, our customers, our partners, and our company’s long-term industry leadership.”
The designation allows GlobalTranz and IDSC to jointly pursue opportunities that will drive sustainable growth and create jobs for both organizations. This news comes on the heels of GlobalTranz’s record third quarter revenues, continued acquisition streak, and a wave of industry accolades.
“Impact Diversity appreciates GlobalTranz’s support and partnership and commitment to supporting the SBA’s All Small Mentor-Protégé program,” said Charles Brown, President and Co-Founder of Impact Diversity Solutions Corporation. “Through this joint venture, Impact Diversity will be able to leverage the proprietary technology, expertise, and deep resources of GlobalTranz to better serve our customers.”
For more information about GlobalTranz, visit permissible-script.flywheelsites.com and follow us on LinkedIn and Twitter @GlobalTranz.
GlobalTranz is a technology company providing award-winning cloud-based multi-modal Transportation Management System (TMS) products to shippers, carriers, 3PLs and brokers. GlobalTranz is leading the logistics software and services market in innovative technology that optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in real-time. Leveraging its extensive independent agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 1 million product users and 25,000 shippers. In 2018, Transport Topics named GlobalTranz a Top 10 largest freight brokerage firm in the U.S.
About Impact Diversity Solutions Corporation
Founded in 2009 by Charles Brown and Tim Johnson, Impact Diversity Solutions Corporation (IDSC) is a courier and logistics management company which leverages its capabilities to reliably expedite virtually any volume of freight parcels, etc. worldwide on very attractive terms. IDSC enjoys volume discounts, cutting-edge technology and the critical mass to competently execute very large contracts.
Eric Simon, an authorized agent of GlobalTranz, shares his experience from attending the GlobalTranz Annual Freight Agent Conference.
“I have been attending the annual GlobalTranz Agent Conference since 2010, and I encourage all GlobalTranz agents that are serious about growing their business to attend and participate.
As an agent running your business, it’s hard to find the time to step back, get some perspective, and assess what is and is not working in your business today. Attending the GlobalTranz Agent Conference affords you that opportunity to work “on your business”, by providing you with the latest on industry trends, best practices from agents nationwide, inspiring ideas from insightful speakers & colleagues, and of course, the latest info on how GlobalTranz can support your business.
I have been known to say that GlobalTranz is not Subway- that is, they don’t teach you how to make the sandwiches! However; what GlobalTranz does provide is the knowledge, tools, and resources that enable agents the opportunity to make the best sandwiches they can. The GlobalTranz Agent Conference is where a lot of that knowledge will be imparted.
We are fortunate to have such a dedicated and passionate team at GlobalTranz corporate to provide a forum for enhancing our businesses. The annual conference focuses on building a culture of collaboration, innovation and teamwork with each agency to achieve our collective success.
If you’re still not convinced, remember that the GlobalTranz IT team will be sharing key information about the new GTZconnect platform. You don’t want to miss that!”
Integrated Freight Logistics, Inc.
Interested in attending the 2019 GlobalTranz Freight Agent Conference? Click here to register.
The 2018 economic surge has pushed freight demand past available capacity, impacting shippers’ budgets with rising transportation costs across all modes. Many analysts anticipate bullish freight markets through 2020, which has shippers looking for new ways to manage costs, secure capacity and drive efficiencies.
With RFP season upon us, here are 10 tips for shippers to consider when planning transportation budgets and sourcing logistics partners.
1. Consolidate shipments to increase volume: Consolidating shipments decreases overall costs by increasing volume and efficiency. It also helps avoid loading dock congestion and can result in fewer accessorial charges.
2. Leverage locations and condense length of haul: Shippers can save time and money by strategically using distribution centers and condensing length of haul based on the location of customers. Using a nationwide network of warehouses to shorten line hauls will also help decrease the cost of transporting products to final destinations.
3. Understand paper rates vs. truck rates: Sometimes what looks straightforward on paper, like line-haul distance, doesn’t reveal additional details that could affect a bid, such as pickup or delivery appointments and loading dock hours of operation. A simple 100-mile haul on paper could take two days if the consignee cannot accept a shipment that arrives after 4 p.m., which would increase the cost. Make sure to provide enough background information, so you receive accurate pricing.
4. Become a shipper of choice: Today’s capacity constrained environment, with more freight than available trucks, has carriers and drivers in a position to choose which shippers and loads are the most lucrative for their business. Shippers who provide better experiences for carriers can reap long-term benefits in the form of higher service levels, fewer claims and better rates. To be a shipper of choice, run efficient and friendly dock operations, reduce driver wait times, provide comfortable breakroom and restroom accommodations and pay carriers quickly and accurately.
5. Contract consistent freight volume: With consistent volume on repetitive lanes, 3PLs like GlobalTranz can secure and negotiate contractual capacity, while leveraging their network to cover backhauls for those loads. As a result, service levels and on-time performance will improve.
6. Drop trailers for high volume: With the ELD mandate and HOS rules, carriers have become more conscious of loading and unloading time. Drop trailer programs create flexibility for shippers to load trailers at their own convenience, reduce the cycle time for loading and unloading, and provide ample planning for carriers to align power units and drivers’ hours of service. All of this helps keep freight costs down and mitigate capacity challenges during dynamic freight markets.
7. Leverage data: Data is becoming a company’s most valuable asset. Many businesses have access to a lot of data, but lack the tools to make decisions from it. In logistics, cost savings and efficiency improvements are tied to a company’s ability to leverage their data and make actionable decisions. Tech-enabled 3PLs like GlobalTranz have advanced analytics capabilities to develop custom transportation programs and solutions during an RFP process, using shipper data to identify optimization opportunities for overall cost savings.
8. Communicate objectives and important KPIs: Service quality is as important as price, so be sure to communicate key performance indicators (KPIs) with potential service providers. Quality logistics service providers will hold themselves accountable and benchmark for continuous improvement to ensure they’re helping make an impact on your business. On-time pickup, on-time delivery and tender acceptance or rejection percentages are a few examples of important KPIs.
9. Plan and budget for high-demand periods of the year: Look ahead and remember there will be times during the year where higher-demand for capacity could impact your costs. Produce, harvest and holiday seasons place a higher demand on the nation’s trucks, which in turn could increase rates.
10. Establish strategic partnerships: Instead of focusing on price and commodity-based services, look for ways logistics service providers can be consultative and bring value-added operations to your business. A strategic partner is constantly looking for opportunities to save your company overall costs. The most effective partnerships evolve when you integrate your firm’s ERP and supply chain systems with a TMS to provide end-to-end supply chain visibility.
Growing complexity in the supply chain demands innovative and consultative approaches to logistics management. To learn more about selecting the right logistics partner, call 866.275.1407 to speak with an expert or Contact Us.
The logistics and supply chain industry is complex. GlobalTranz is committed to helping businesses and logistics professionals stay knowledgeable and up-to-date on the market and logistics best practices. Every month, we’re sharing trends and news impacting the logistics and supply chain industry. Here are some of the top headlines from October.
10 Tips for RFP Season
The 2018 economic surge pushed freight demand past available capacity, impacting shippers’ budgets with rising transportation costs across all modes. Many analysts anticipate bullish freight markets through 2020, which has shippers looking for new ways to manage costs, secure capacity and drive efficiencies.
Is Logistics Your Strategic Advantage?
With 2018 drawing to a close, business leaders are looking ahead to 2019, and warily eyeing a mixed bag of bullish and bearish outlooks on the next year’s transportation market. Transportation and logistics has come to be viewed as a core competency — and potentially a decisive strategic advantage.
2018 Freight Tonnage Could Be Strongest in 20 Years
Analysts anticipate 2018 tonnage will be the strongest in the last 20 years. CCJ rounds up the latest reports on trucking business indicators on rates, freight, equipment, the economy and more.
8 Trends to Watch in Trucking in 2019
2018 was an eventful year in the transportation and freight industry. Heavy Duty Trucking takes a look at nine trends we should be keeping an eye on in 2019.
Retail Sales Strongest in Years; Oil Rises; Signs of Bear Market?
Early measures suggest the retail industry met lofty sales expectations, according to the WSJ, as Americans crowded stores and retailers wrapped up one of the strongest holiday seasons in years.
Supply Chain Dive’s 10 Best Stories of 2018
Stories of transformation prevailed in the supply chain landscape in 2018. Capacity shortages and other external factors played a major role in big names evolving their supply chains. These are some of the stories that made the biggest impact on supply chains in 2018.
Autonomous Trucking Likely in Four Stages, Consulting Firm Says
Autonomous trucking likely will occur in four waves, with each stage saving costs along the trucking value chain, according to a new report from business consultant McKinsey & Co.
2019: The Future in Truck Technology Begins
Next generation trucking technology has been a popular topic for the past few years. From battery-electric to electric hydrogen-powered, some industry experts are anticipating trucking advances to start hitting the street in 2019.
Freight Delays Loom if Government Shutdown Goes Long-Term
Backups and congestion on land and along the nation’s waterfronts due to a lack of customs clearance personnel could be where carriers and shippers see the most immediate effect of a long-term federal government shutdown.
How the ELD Mandate Affected Supply Chains in 2018
Since 2012, the electronic logging device (ELD) mandate has ranked in the top 10 of issues in the trucking industry, according to the American Transportation Research Institute. In 2018, the mandate went fully in effect and enforced.
Learn how to drive efficiencies and cost savings into your evolving supply chain. Call 866-275-1407 or Contact Us.
GlobalTranz Honored at ACE Awards, Ranked 6th Largest Private Company, 7th Fastest Growing Company
ACE Awards marks seventh consecutive year GlobalTranz has been shortlisted
PHOENIX (November 19, 2018) — (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, today announced it was the recipient of two ACE awards and was ranked 6th Largest Private Company and 7th Fastest Growing Company by the Phoenix Business Journal at the 2018 Arizona Corporate Excellence (ACE) Awards on November 15, 2018. This honor marks the seventh consecutive year GlobalTranz has been recognized.
Following an exceptional third quarter, GlobalTranz continues to outpace many of its competitors in customer expansion, financial growth and advanced technology leadership. The company demonstrated its ongoing strategy to not only grow organically but also through acquisitions, most recently acquiring Chicago-based AFN Logistics.
Each year the Phoenix Business Journal compiles the Arizona Corporate Excellence Awards, which honor the largest private companies as well as the state’s fastest-growing private businesses. The rankings for the fastest-growing companies are based on a revenue score that includes a measurement of revenue growth over a two-year period. Now in its 24th year, the goal of the ACE Awards is to develop an increasing sense of knowledge sharing and community among private companies — as they honor the Top 50 and Fastest-Growing 25 private companies in Arizona.
Delivering consistent growth since its inception in 2003, GlobalTranz recently announced its 2018 Q3 earnings, reporting record revenues from organic and strategic growth. The company is on track to generate over $1.6 billion in revenue in 2018.
“We are honored to be recognized by the Phoenix Business Journal ACE Awards for our continuing commitment to the fast-growing technology and transportation sectors in Arizona,” said Bob Farrell, chairman and CEO of GlobalTranz. “GlobalTranz is helping define the future of freight and continues to create career opportunities throughout Arizona. As a growing technology and logistics solutions company, our people remain the heart of our organization and culture. We look forward to expanding our active involvement in the Arizona business community.”
Ranked the 10th largest freight brokerage in the US by Transport Topics and voted an Inbound Logistics Top 10 3PL for 2018, GlobalTranz is driving strong growth with 25,000+ customers through technology innovation, a network of 34,000+ carriers, transformative M&A, creative products and superior customer service delivered by the best people in the industry.
For more information, visit permissible-script.flywheelsites.com and follow us on LinkedIn and Twitter @globaltranz.
GlobalTranz is a technology and solutions company providing award-winning cloud-based multi-modal Transportation Management System (TMS) products to shippers, carriers, 3PLs and brokers. GlobalTranz is leading the logistics products and services market with innovative software that optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in real-time. Leveraging its extensive independent agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 1 million product users and 25,000 shippers. In 2018, Transport Topics named GlobalTranz a Top 10 largest freight brokerage firm in the U.S.