ILMA Compoundings June 2017 - 22
FINDING A BALANCE
By Glenn Koepke
Most companies today have seen some
degree of impact from ecommerce, the
focus on cash-to-cash cycles and inventory strategies, and transportation
management systems that optimize
modes of transportation based on
costs. These factors have something
else in common: each can push more
large less than load (LTL) shipments
into the truckload sector, in the form
of multistop truckload service.
Multistop is a variation of full
truckload service. Instead of making
a point-to-point pickup and delivery,
multistop truckloads make extra pickups and deliveries between origin and
destination. Theoretically, multistop
should allow a shipper to improve
22
JUNE 2017
| COMPOUNDINGS | ILMA.ORG
efficiency and lower costs as it more
effectively uses the space in the truck.
But is this how multistop really
works? When shippers use multistop
truckload, does it end up saving or
costing them money? As in so many
areas of life, it depends.
The challenge of managing
multistop truckloads
Whether multistop truckloads save
or cost shippers money in the end
depends on how well both shippers
and carriers manage the extreme
complexity of planning these types of
movements.
To get the most efficient use of the
equipment they hire, shippers must
plan new multistop routes and tightly
coordinate time windows to enable
smoother pickups and deliveries. Some
are able to use continuous moves and
other practices as part of the equation.
By implementing processes that limit
the driver's waiting time, the shipper may be able to make multistop
truckload more attractive to carriers
and prevent accessorial charges for
excessive waiting time.
For their part, carriers must carefully
schedule multiple pickups and deliveries, balancing those factors against how
well the extra stops fit with their drivers' available hours of service (HOS).
Legally, drivers are limited to working
14 hours per day. They can drive for 11
hours per day, with the remainder of
the time devoted to nondriving tasks,
such as waiting to load or unload.
http://www.ILMA.ORG
ILMA Compoundings June 2017
Table of Contents for the Digital Edition of ILMA Compoundings June 2017
Letter From the President
Letter From the CEO
Inside ILMA
What's Coming Up
Industry Rundown
In the Know
International Insight
Market Report
Lubricant Manufacturers Heed New Safety Regulations
Finding a Balance
Making the Most of Your Data Management
Business Hub
Counsel Compound
Washington Landscape
In Network
Member Connections
Cross Connections
Portrait
ILMA Compoundings June 2017 - Cover1
ILMA Compoundings June 2017 - Cover2
ILMA Compoundings June 2017 - 1
ILMA Compoundings June 2017 - 2
ILMA Compoundings June 2017 - Letter From the President
ILMA Compoundings June 2017 - 4
ILMA Compoundings June 2017 - Letter From the CEO
ILMA Compoundings June 2017 - Inside ILMA
ILMA Compoundings June 2017 - 7
ILMA Compoundings June 2017 - What's Coming Up
ILMA Compoundings June 2017 - 9
ILMA Compoundings June 2017 - Industry Rundown
ILMA Compoundings June 2017 - In the Know
ILMA Compoundings June 2017 - International Insight
ILMA Compoundings June 2017 - 13
ILMA Compoundings June 2017 - Market Report
ILMA Compoundings June 2017 - 15
ILMA Compoundings June 2017 - Lubricant Manufacturers Heed New Safety Regulations
ILMA Compoundings June 2017 - 17
ILMA Compoundings June 2017 - 18
ILMA Compoundings June 2017 - 19
ILMA Compoundings June 2017 - 20
ILMA Compoundings June 2017 - 21
ILMA Compoundings June 2017 - Finding a Balance
ILMA Compoundings June 2017 - 23
ILMA Compoundings June 2017 - 24
ILMA Compoundings June 2017 - 25
ILMA Compoundings June 2017 - Making the Most of Your Data Management
ILMA Compoundings June 2017 - 27
ILMA Compoundings June 2017 - 28
ILMA Compoundings June 2017 - 29
ILMA Compoundings June 2017 - Business Hub
ILMA Compoundings June 2017 - 31
ILMA Compoundings June 2017 - Counsel Compound
ILMA Compoundings June 2017 - 33
ILMA Compoundings June 2017 - Washington Landscape
ILMA Compoundings June 2017 - 35
ILMA Compoundings June 2017 - 36
ILMA Compoundings June 2017 - 37
ILMA Compoundings June 2017 - Member Connections
ILMA Compoundings June 2017 - 39
ILMA Compoundings June 2017 - 40
ILMA Compoundings June 2017 - Cross Connections
ILMA Compoundings June 2017 - 42
ILMA Compoundings June 2017 - 43
ILMA Compoundings June 2017 - Portrait
ILMA Compoundings June 2017 - Cover3
ILMA Compoundings June 2017 - Cover4
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