Riverside Logistics

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February 5, 2021 by Logistics

What is Expedited Freight, and Who Uses it?

Expedited freight services are utilized by shippers to deliver goods to the customer on a specific date and sometimes at a specific time of day. Overall standard, non-expedited, transportation services have delivery accuracy rates that can range from a high of 98% to less than 50% on-time.  This fluctuates based on overall industry capacity and individual carrier management.

The most common mode for expedited freight to move is by air. Freight is picked up and delivered by truck but ends up travelling most of the distance by plane. If possible, expedited freight can be driven in various types of equipment. Of course, the shipment must cross a drivable distance within your timeframe, so sending freight this way only makes sense for short distances (usually less than 500 miles).

The challenge with sending expedited freight by air charter or road is that it is more expensive than standard freight.  Premiums can range anywhere from a 20% to 3 or 4 times the amount normally paid for a standard transit shipment.  Shippers use this method only when it is necessary to maintain customer commitments.

There are six major industries that frequently utilize expedited freight companies for a variety of reasons.

  1. Medical Industry – Used when valuable devices cannot sit in the back of a freight vehicle for long periods of time.
  2. Pharmaceutical Industry – Advantageous for  patients who rely on their medications for survival allowing them to receive  them immediately.
  3. Manufacturing Industry – Meeting deadlines is often a challenge. If parts do not come in on time, projects can get delayed or whole operations can be shut down.  Depending on the size of the operation those costs usually outweigh the cost of the expedited freight.
  4. E-commerce Industry – Retail stores are growing tremendously, and many of them offer their products online. Several big retailers also offer fast shipping options, including two days, overnight, or even same day delivery.
  5. Seasonal – This industry sells most of its products once a year in holiday-themed pop-up stores. With the help of an expedited shipping provider, business should not be running out of stock when customers are buying the most, which helps cut down on inventory costs.
  6. Perishable high value food – For expensive high value food products like Ahi Tuna, getting product across the world in hours instead of days ensures the food can be consumed within hours of receipt.

Expedited freight is used to make sure cargo gets to its location as soon as possible. It is important to consider the increased cost of expedited freight with the cost of not having the product at your location when it is needed.  If you need this type of service reach out to us.  Riverside Logistics can help match your needs with the best value expedited service.

Filed Under: News & Events, Transportation News Tagged With: Air Freight, Certified Transportation Broker, E-Commerce Industry, Food Warehouse, Freight Brokers, Freight Services near the Virginia Ports, Full truckload (FTL), Less than Truckload (LTL), Manufacturing Industry, Pharmaceutical Freight, Richmond, Riverside Logistics, Seasonal Freight, Virginia, Warehouse

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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