Hormel joined other companies, like Kellogg, reporting that rising freight costs were part of the reason it cut its forecast. Really? If freight is such a high cost, surely they would say what they are doing to mitigate that cost. So far this year, I have not seen any company announce steps it is taking to cut trucking costs.
How many transportation managers are stuck in the past negotiating contracts that aren’t really contracts rather than looking at technology like our Automatic Order Optimization AutoO2 that improves load efficiency…more product – fewer trucks? You can see how it works here.
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