That's gold right there, man. Makes no sense whatsoever, but sounds awesome.
What is the size of the time critical "road" freight market?
- Thread starter softwareguy
- Start date
It seems like everything in the transportation industry is becoming intertwined and even trying to pigeon hole a specific service like expedite with a narrow definition is nearly impossible. But, my definition of expedited freight is freight that requires: Nonstop, dock to dock, exclusive use service with on demand, 24/7 pick-up and delivery times. This definition includes ground and air freight service and a combination of both.
Most large LTL companies offer some form of expedited freight service. These services may include "expedite" in the name or priority, premium, platinum or some other adjective, but don't meet my definition of expedite freight. When an LTL carrier is about to incur a service failure on it's higher priced "expedite" freight they call in a true expedite carrier to save their butt.
Once you can come up with a working definition of expedite freight to fit your particular situation you can start looking for statistics. You mentioned in a prior post that your boss would be happy. If you are with some type of transportation company your company may subscribe to various transportation rags. Traffic World has done numerous articles on expediting, many by John D. Schulz. A Traffic World subscription will get you access to their on-line library. Another source for expedite statistics is Satish Jindel of SJ Consulting Group. Do some on-line research starting with these two leads. Good luck and please post a condensed version of your findings here on E.O.
The onlypick I have with ya Moot is.............. exclusive use. So what???? I always offered (and delivered) non-stop, dock to dock, on demand 24/7, with air , if needed. So what is the problem here. Exclusive use???? WTF???? As long as the customers (all) are taken care of????? All should be happy, yo????
If a shipper is paying top dollar for exclusive use then he should be able to throw a seal on the truck and not worry about some moron at your next pickup spearing his freight with a forklift tine. Or another shipment containing a 55 gallon drum of urine samples from a drug testing consortium leaking and damaging his freight. Exclusive use lessens the chance of these thing occurring.
mcavoy33
Seasoned Expediter
I always thought that the shipper was paying the premium for the speed and quickness of the delivery, not for exclusive use of my van?
However, I would think that making another stop would not be as quick as what possible. But I don't recall exclusive use being part of any delivery I have ever made. But I'm just a noob, I honestly have no clue.
Speed and quickness are part of exclusive use. You can't honestly sell dock to dock service if you are picking up other customer's freight also. If you pick up a 1000 pound skid from a customer and have a delivery time based on 47 mph and go to another customer to pick up another 1000 pound skid and get delayed for several hours and then get delayed trying to unload that second skid which is of course on the tail of your van, chances are you will miss the protect time for the original customer's delivery.
I guess it all comes down to a company's definition of what expedite service means and how their service is defined in their tariffs.
softwareguy
Active Expediter
How dare you!
Thank you very much for pointing me in the direction of those magazines. I will check them out and definitely update the thread once I have done so.
softwareguy
Active Expediter
Looks like I found my first bite:
http://www.pantherexpedite.com/documents/20061225_jocom.pdf
"Including some next-day shipments, total 2005 revenue for expedited trucking was around $3.4 billion, a small percentage of the overall trucking market but a fast‐growing one"
That was published on Christmas, 2006.
http://www.pantherexpedite.com/documents/20061225_jocom.pdf
"Including some next-day shipments, total 2005 revenue for expedited trucking was around $3.4 billion, a small percentage of the overall trucking market but a fast‐growing one"
That was published on Christmas, 2006.
paullud
Veteran Expediter
Jack_Berry
Moderator Emeritus
software guy.....i think last year our avg haul was 1.3 pieces at 850 lbs.
this year we are at 1.33 and 641 lbs.
empty miles are 73 and loaded avg is 853.
go figure. oh, you will won't ya?
made larger for leo's benefit.
this year we are at 1.33 and 641 lbs.
empty miles are 73 and loaded avg is 853.
go figure. oh, you will won't ya?
made larger for leo's benefit.
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softwareguy
Active Expediter
Absolutely. And I will do that research after presenting the more "optimistic" numbers to the people funding the project
Hopefully you'll be able to say the same next year about 2011, only "a lot" being "a lot more".
softwareguy
Active Expediter
Thanks for sharing!
mcavoy33
Seasoned Expediter
As a company driver, I've been keeping track of my mileage and stuff so I have my own figures to use but I'm starting to think that I should keep track of absolutely everything.
I hate paperwork but you can never have enough information.