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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

March 26, 2018 by Logistics

Riverside Logistics Sponsors/Participates in Junior Achievement Bowl-a-Thon

Riverside Logistics is a proud sponsor of Junior Achievement.  On Saturday, March 17, 2018 our largest group of employees, family and friends joined other companies and bowled two games to raise funds to support students in the Central Virginia area.  It is Riverside’s fourteenth year sponsoring and participating in the Junior Achievement Bowl-a-Thon.

Junior Achievement is the world’s largest organization dedicated to preparing students for success in a global economy, through the development of financial literacy, entrepreneurship and work readiness skills!  JA of Central Virginia serves 26,000 students in 162 schools; in the last 50 years, over 450,000 students have benefitted from their programs.

Riverside Logistics is honored to support Junior Achievement’s hard work and dedication to students in our community.

Junior Achievement Bowl-a-Thon

Filed Under: News & Events Tagged With: 3pl, Junior Achievement Bowl-a-Thon, Richmond, Riverside Logistics, Third Party Logistics, Transporation, Virginia, Warehouse

January 17, 2018 by Logistics

Trends in Transportation + New Driver Requirements (Electronic Logging)

Riverside Logistics International BusinessVIRGINIA INTERNATIONAL BUSINESS COUNCIL, INC.

Enabling International Trade Success Since 1948™

Join us at our Monthly Luncheon Program on Jan. 24th for:

Trends in Transportation + New Driver Requirements (Electronic Logging)

Featured Speakers: Rick Holden + Jim Durfee, Riverside Logistics

Presentation will include presentation on phases of international transportation. Discussion about recent legislation requiring truckers to replace current paper logbooks with electronic logging devices (ELD) and its impact on freight rates, delivery times, and driver hours of service.  There will be time for questions following the presentation.

Details:  Wednesday, January 24, 2018

11:45am – 12:00pm:   Registration & networking

12:00pm – 1:30pm:     Luncheon meeting and program

Venue for this Luncheon Meeting: Omni Hotel, 100 S. 12th Street, Richmond, VA

Cost:   Early registration [by January 18, 2018]:

$25 for VAIBC members

$35 for non-members

Registration after January 18th:  $35 members, $45 non-members

Register online:  www.vaibc.org

About the speakers:

Jim Durfee – Vice President Business Transformation, Riverside Logistics – Jim is tasked with driving the strategic planning and infrastructure improvements necessary to help Riverside achieve its long term growth targets.  Jim has 33 years of Logistics experience across Manufacturing, Retail and 3PL settings. Most recently running the centralized global logistics operations at Meadwestvaco Corporation. This operation controlled over 400 million in logistics spend and handled shipments across 6 continents.  Mr. Durfee has worked on a variety of TMS platforms using both in-sourced and out-sourced logistics resources. He taught Logistics as an adjunct Professor at the University of Richmond for a number of years and is a licensed ICC Practitioner, a Licensed U.S. Customs Broker, a certified Six Sigma Black Belt, a TIA Certified Transportation Broker, and a Certified Member of AST&L (now APICS). He is also a former President of the Central Virginia CSCMP roundtable and holds a BS in Business Logistics from Penn State and a MBA in Management from Loyola University.

Rick Holden – Vice President of Business Development and Corporate officer for Riverside Logistics. Having joined Riverside in 1998 he has over 22 years of diverse, multi-disciplinary, and multi-industry experience in areas of supply chain management, 3PL Sales, logistics, transportation, warehousing, and contracts management and negotiations in industries including medical surgical supply, pharmaceutical, food, manufacturing, chemical and controlled substances, and various consumer products. Rick Holden is currently responsible for all business development and consultative sales activities for Riverside Logistics. Having started the warehousing operations and previously managing the transportation functions at Riverside, he has worked in almost all of the operational facets of the company.

Mr. Holden holds a BS in Operations Management from Virginia Commonwealth University, with advanced graduate studies in Logistics Management at University of Richmond. He is also certified in ISO 2000 procedures, and is a past president of the Council of Logistics Management, Central Virginia Roundtable (now the Council of Supply Chain Management Professionals)

Filed Under: News & Events Tagged With: 3pl, Certified Food warehouse and Distribution Facilities, East Coast Ports, Henrico, Inc., International Distribution, International Trade, Jim Durfee, Norfolk Ports, Richmond, Rick Holden, Riverside Logistics, Supply Chain Manangement, Third Party Logistics, Trade in the U.S., Virginia, Virginia International Business Council, Virginia Ports, Warehouse

March 1, 2016 by Logistics

Why use Riverside Logistics for Local Transportation in Richmond, Williamsburg, Ashland, & Charlottesville?

By James Durfee

Use it or lose it. The name of the game in local transportation is “immediate gratification”. You usually pickup and deliver multiple times a day, and your pickups may be stretched out over the course of the 24 hours each day, night or day, rain or shine. Every time you make a pickup you provide the customer with immediate logistics gratification.

Riverside Logistics handles a vast amount of dedicated local movements in the central Virginia area (Richmond, Williamsburg, Ashland, Henrico, and Williamsburg markets). Headquartered near the Richmond International Airport, Riverside manages over 500 thousand square feet of warehouse space, Riverside doesn’t project a profile like your normal local shuttle operator. Riverside has been moving freight from warehouse to manufacturing, from manufacturing plants to warehouses, from warehouses to Ports (Richmond and Norfolk) and from Port(s) to warehouse. Riverside has moved product for locally based, nationally based and international customers for 20 years. They have a strong fleet of locally-based drivers that they utilize. Some of these drivers have been handling Riverside business for over 17 years. It is Riverside Logistics goal to demonstrate an unmatched level of commitment to its drivers and ultimately to its customers.

If your company needs freight to move within the Central Virginia market, either across the street or across the region, Riverside can move it, each and every day. Most shippers that Riverside does business with are repetitive, daily and/or weekly shippers, moving product within and across the Central Virginia marketplace. Local shippers are typically very demanding. They usually allow little room for error. They usually want extra services over and above the norm on an on-demand, as requested basis (ad hoc) and they also want the rates to be extremely competitive. That’s why Riverside has so much local Central Virginia business. We deliver and we use a repeatable process to make sure that we meet ALL of our shipper’s demands, consistently, every day.

Filed Under: News & Events Tagged With: and Williamsburg, Ashland, Henrico, Local Delivery Companies, Local transportation, Richmond, Richmond MSA, Riverside Logistics, Transportation, Virginia, Warehouse, Williamsburg

February 18, 2016 by Logistics

Riverside Logistics completes the installation and upgrade of Infor’s SCE Warehouse Management System

Riverside Logistics has completed implementation of Infor’s SCE 10.2 WMS product in all of its warehouses. As of December 2015, all shipping and storage customers in each of our three warehouse facilities have been successfully migrated over to the new Warehouse Management System (WMS) platform.

This is great news for all of our customers. They now will have access to the latest technology developed for Third Party Logistics providers. Infor’s SCE fully integrates all the capabilities and needs for warehouse management, including 3PL billing, and transportation management(TMS) under one platform.

Below are some key benefits our customers will realize from this installation:

  • Radio Frequency (RF) automation, providing faster, more accurate, inventory management activities, to reduce inventory levels when-ever and where-ever possible.
  • Real-time order status using an interactive web portal. This portal provides both standard canned reporting as well as ad hoc customer specific reporting capabilities. Customers have real time, critical data at their fingertips on demand all the time.
  • Advanced integration tools to upload master and transactional data quickly, allowing Business to Business data-sharing (EDI, flat-files, etc.) that reduce the cost of manual inputs and errors.
  • A fully integrated Transportation Management System (TMS) providing automated shipment creation and routing coupled to an optimization engine for lowest cost mode and carrier selection on all customer orders.

With this installation Riverside Logistics is providing all of its customer’s with state-of-the-art warehouse technology solutions that helps them lower their cost and improve the visibility and the efficiency of their inventories.

Filed Under: News & Events Tagged With: 3PL billing, 3PL Companies, Advanced integration tools, East Coast, Full integrated Transportation Management System (TMS), Infor’s SCE 10.2 WMS, Infor’s SCE Warehouse Management System, Radio frequency (RF) Automation, Real-time Order Status, Riverside Logistics, tate-of-the-art warehouse technology solutions, Warehouse, Warehouse Management System (WMS), Warehouse Management tools

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