Riverside Logistics

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August 27, 2020 by Logistics

Are your freight costs going up?

If so,  you are not alone. The recent disruption in supply chain due to Covid-19 has been challenging and well documented.  Being able to ship product on demand is a basic business need. The challenge in today’s environment is lack of predictability.  As Covid-19 cases increased, demand for food to restock grocery stores rose dramatically, while demand for food from restaurants and hotels slowed drastically. This shift is just one example of an extraordinary change in freight demand. As demand goes up, prices go up. As demand goes down, prices go down. When both are happening at the same time…it can be very challenging. 

A third-party logistics company can help relieve some of this stress because of the volume of freight they handle and their close monitoring of truck capacity. This volume means they have strong relationships within the transportation industry and warehouse space at their disposal to help provide solutions that many transportation companies cannot offer. A strong 3PL team is dedicated to finding solutions for their customers often in unexpected ways. A 3PL can help “flatten the curve” of your freight cost and reduce the heartburn that comes with high price volatility. Below are a few specific ways a 3PL can help when your freight costs are going up and your demand for freight is changing rapidly. 

  • Local Delivery – 3PL’s have trucks running every day within a 150-mile radius of their location to serve multiple customers. By putting multiple clients product on one truck the cost is reduced for all. As a matter of fact, when more clients that have different products going to the same locations (Example: hospitals) everyone saves money and reliability increases. 
  • Dedicated Lanes – If a 3PL has a truck shipping freight from point A to point B for one client and finds another client who needs product shipped from point B to point A, then the 3PL can “match” the driver and truck with the loads. Everyone benefits from this relationship. More predictability, lower cost, and a knowledgeable and reliable driver who knows what you need and when you need it.
  • Drayage – International shipments, whether exports or imports, can be difficult to time with respect to labor.  A 3PL can help by not only picking up TEU’s (containers) from the port but they can either transport directly to your warehouse or client, or they can cross-dock the product (usually less than a week) at their warehouse to allow more time to find the lowest freight cost available. The Virginia Ports and the Richmond Marine Terminal are very attractive options because of their locations on the East Coast.
  • Change in Mode – Another example of how freight costs have shifted dramatically is in the airlines. The cost of using passenger airlines to ship freight internationally has increased because the number of passenger flights has dropped substantially .  Before, freight was added  to flights that were frequent and reliable so capacity was available at a reasonable cost. Now, with so few flights, there is a  significant decrease in freight capacity.  Shipping internationally may require dedicated freight flights often with an expedited focus which comes  at a much higher cost. How is  this problem solved? Maybe  with a shift in mode of transportation! Instead of Air freight maybe the shipment travels internationally by ship, or domestically by rail or truck. Obviously, timing can be a factor that needs to be taken into consideration. Low Air Freight may be a long way in the future but a 3PL company  can help.
  • Flexibility – A 3PL has many solutions to choose from to help lower your freight costs and offer cost savings from unexpected places. As you navigate the uncertain future cost of freight, it only makes sense to develop a partnership that focuses on reducing costs to help you navigate the challenges ahead.

————–

Riverside Logistics is a third-party logistics and supply chain management company providing a full complement of third-party logistics, transportation and warehousing solutions.

Riverside Logistics serves the Medical, Food, Chemical, Paper and other mission critical industry sectors.  Riverside Logistics has owner operator’s and dedicated lanes, with routes throughout Virginia, the Mid-Atlantic and the Southeast. Riverside Logistics offers pooled distribution and consolidated delivery services throughout the 48 states that can save you money. They are headquartered in Richmond, Virginia. To contact Riverside Logistics for a quote call 1-804-474-7700 Option 4 or click here.


Filed Under: Transportation News Tagged With: Change in Mode of Shipping, Drayage, How can a Third-Party Logistics Company Help (3PL), How do lower Freight Cost, How to ship LTL, Less than Truckload LTL, Local Delivery Options, Norfolk Ports, Richmond Marine Terminal, Richmond Virginia, Small Package shipping, Truck Brokerage Firm, Truckload, VA, Virginia Ports

August 13, 2020 by Logistics

How can a Richmond, Virginia based Third-Party Logistics company help reduce your local delivery cost while improving service?

2020 vision has been anything but clear! Especially when it comes to your freight cost and service levels. As companies evaluate different business options, working with a third-party logistics company (3PL) on a local level can be easily overlooked.  Because a Third-Party Logistics  company has numerous truck routes and lanes that are created by serving multiple customers there is a good chance that they have a local service that could save you money, and improve the flexibility and reliability of your shipments. Below are a few ways that a 3PL can help provide cost saving solutions for your local freight!

Local Routes                                                                                                                                      

Local deliveries range between 0-250 miles from origin.  A local 3PL with a  variety of customers and deliveries has many options for their  customers.

For example, loads shipping out of Richmond, VA for delivery down in the Tidewater area will match up with a local load coming back to the Richmond, VA area.  Also, we may have 2 or 3 other customers we can consolidate on the Richmond truck either on the head haul or backhaul.  Depending on the size of the load, it may fit on 24ft box truck vs a 53ft trailer which could offer savings.

Another advantage of local routes is accessibility.  This includes  last minute daily pickups and emergency pickups because drivers are delivering within the local area.  A 3PL can also drop trailers at a customer’s location for convenience for loading or unloading their product.  Some customers with limited warehouse space utilize drop trailers for storing product at their location or at the 3PL’s location. Matching resources is one of the many ways a 3PL provides value allowing companies to be very flexible in a dynamic market, providing just in time deliveries, and capturing opportunities that may not be able to with your current resources. 

Cross Dock

Another advantage of a 3PL with warehouse assets is the ability to cross dock product.  Example:  An inbound truckload shipment comes in and our customer doesn’t have time or space to unload it.  A 3PL can provide this service as well as coordinate transportation that will maximize savings.  Another opportunity to utilize cross dock services is receiving ocean containers to be unloaded and reloaded into a 53’ Dry Van for final delivery to the customer. This same scenario would apply with rail cars. Customers can take advantage of lower rail rates and have product deliver via rail for storage at a 3PL facility and then trucked for customer delivery.  Cross docking is a great short-term solution to reallocate your freight quickly, efficiently, without limiting your resources.

Drayage

A 3PL has the ability to flex up or down depending on the volume of containers arriving at the port.  Businesses may not always have an available driver and truck to retrieve containers from the port nor space to store the container for efficient processing.  3PL’s can often store your container at their facility to save on port demurrage fees then unload and handle for final delivery to the customer.  A 3PL can often provide this service for both IMPORT and EXPORT loads.

Riverside Logistics can provide all these services for you so your resources can be utilized to focus on your business not the business of moving freight!

Filed Under: News & Events, Transportation News Tagged With: 3pl, Cross Dock, Drayage, Dry Van, East Coast Third Party Logistics Company's, Export Freight from Virginia, Import Freight into Virginia, Import your Freight, Local Routes for your Freight, Locat Delivery for Manufacutring Plants, Norfolk Port, Richmond, Richmond Port, Third Party Logistics Company's, Third Party Logistics company's near the Richmond Marine Terminlal, Transportation Companies, Trucking Companies, VA, Virginia

August 20, 2019 by Logistics

What Transportation Services Does Riverside Logistics Offer?

Riverside-Logistics-New-Trailers
Third Party Freight Management
 – It can take hours of valuable time to search for the best combination of mode, equipment, schedule, price and availability. Even then, you may not be sure that you’ve selected the right carrier for the job. When you have Riverside Logistics manage your shipments, whether for a project or your entire supply chain, we tap into our vast contracted and insured network of quality, reputable carriers to find the best solution. We have access to all modes of transportation, including small package, LTL, full load /consolidations, refrigerated, dry, and flat bed.

Riverside offers dedicated trucking resources to serve the Middle Atlantic and Southeastern states along the I-95 corridor. Our experience is both broad and deep, including work in a variety of industries such as medical products (including sterile surgical products), food and beverages, building materials, retail and industrial packaging, metals, chemicals, fertilizer and minerals, automotive supply, timber and paper products and a wide variety of consumer products including, non-durables and durables. We are a proud member of The Transportation Intermediaries Association (TIA) as well as the Council of Supply Chain Management Professionals, leading trade associations of third party logistics companies.

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Filed Under: News & Events, Transportation News Tagged With: Core Carrier Programs, Dedicated Lanes for Shipping, Drayage, Freight Services near the Virginia Ports, Healthcare Freight, Henrico County, Hot Shot, Intermodal, Less than Truckload LTL, Medical Device Sterilization, Medical Distribution, Near the Richmond Marine Terminal, Near the Virginia Ports, Ocean Freight, Richmond, Shippers with Assets, Small Package, Third Party Freight Management, Transportation Services, Truck Brokerage, Virginia, Virginia Ports

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