View original at www.logisticsmgmt.com

State of Logistics 2016: Pursue mutual benefit Driver turnover hits a new low…in a good way CHRW is set to acquire APC Logistics UPS Airlines pilots close deal on new contract with Independent Pilots Association Q2 TIA benchmarking report shows mixed annual results More Logistics News 5 Catalysts to Outsource Logistics Today’s consumer-driven retail strategies are making it more difficult than ever to run an efficient, cost-effective supply chain. Consider the following five challenges that supply chain leaders will have to overcome in order to be effective in coming years – and why these challenges are acting as catalysts to engage with third-party logistics providers for supply chain expertise. All Resources Given all the news about what ails the freight transportation market these days, and there is no shortage of things to select, it stands to reason that second quarter driver turnover data issued by the American Trucking Associations (ATA) today serves as somewhat good news. The ATA said that the second quarter turnover rate at truckload fleets with more than $30 million in annual revenue dropped six points to 83 percent, which ATA said is its lowest level in five years going back to the second quarter of 2011. And for smaller truckload fleets, with less than $30 million in annual revenue, the second quarter turnover rate dropped 9 points to 79 percent for its lowest point since the third quarter of 2015, while less-than-truckload (LTL) driver turnover was the lone group to see its turnover rate head up with a 4 point gain to 12 percent. “The continued decline in the turnover rate reflects the continued choppiness in the freight economy,” said ATA Chief Economist Bob Costello in a statement. “As we hopefully approach the end of this period of elevated inventories later this year, freight demand […]