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Freight Group

407 members • Free

29 contributions to Freight Group
Ocean Updates
Believe all have read enough about tariffs and understand how they work. The challenge when reading comments on LINKEDIN, many do not understand that the tariff uncertainty resulted in 44% less vessels from shipping to the USA. This creates what I refer to as PENT up freight, shippers just put orders on hold and did not ship. Pent up freight is a negative and a positive. The biggest negative is carriers and brokers did see drops in volumes and rates. 1- positive it will create more inland freight when it arrives. 2- Carriers should be seeing increased freight volumes now and for the next 90 days-120 days based on sailing times. 3- Cross border rates are up 30% -50% - lack of capacity due to tariffs- this I understand is also a negative for shippers. This also results in lack of inbound to Canada, opportunity for brokers and carriers with the right networks 4- confusion, congestion, will all create opportunities 1- negative the SSLs have levied GRIs- in addition to a tariff of 30% or more- shippers now have a $2000-$5000 GRI to add to each container. One NVOCC stated we may see GRIs similar to COVID as much as $15,000 per container to the USA. 2- Ocean is about selling capacity not rates with 90 day window to ship - shippers have had contracts negated, they will all pay GRIs. 3- Wal-Mart is only one retailer amongst many that will not absorb the increases- prices will go up and affect consumer confidence and spending. 4- Many retailers we work with like Home Depot will not raise prices based on CEO comment- he did also comment if tariff raises rate too high they will not stock the item. I did go this weekend, HD prices for my deck VS last year quote are 30% higher. NO they will not match the quote I did not use last year. šŸ˜Ž The next 90 days with freight flowing from China will create volumes and opportunity. The EU, India imports are also flowing at higher volumes. Higher prices or not, volumes will increase, carriers and brokers should benefit with higher rates which our industry has needed for 2.5 years.
3 likes • Jun 3
Tariffs are taxes...I personally do not believe that companies will absorb the increases as these companies usually answer to stockholders, not customers.
4th of July ā€œLiberation Dayā€
How many cities across America will cancel their 4th of July Independence Day Fireworks Events due to high tariffs on Chinese Fireworks? lol šŸ’„
3 likes • May 8
That's a good question! The shows will probably still go on, but at a much smaller scale.
Networking
Anybody else part of a networking group that meets in person? Local Traffic of transportation club? Chamber of Commerce? Marketing and Sales social Groups? Do you find good value in Networking with fellow professionals in person?
2 likes • May 6
Yes, I meet with the DFW Transportation Club and also with a DFW Rail Networking Group. They are both very valuable in making new connections and keeping up with trends in the industry. I have met some great people at both of these organizations.
Freight Forecasts
13 years in business and we just had our slowest January in 10 years. What would you think is the biggest determinant of this? The Economy, Politics, Consumer Spending? No matter where I look business is down. We didn’t lose accounts but the ones we have are slower. The rate of adding new clients has declined. It’s not just local or in any one service type. (First, Middle, Final mile/Warehousing/Crating/Cross Dock) There is a general decline in freight starting this year at all locations across all segments in all verticals. Historically January has always been great for us. Anybody got the answer?
2 likes • Feb 26
Definitely slower for me as well in the bulk area. Biggest customer volume has been low and lost a nice account to an RFP. It happens. New people come into an organization, and they want to make a mark...we participate, but we do not drive rates to the bottom. We are there for them when new providers cannot perform.
Why do most freight brokers/agents struggle with sales?
āž”ļø They're boring and sound just like everyone else. Here are 3 of the worst sales pitches for freight brokers and carriers for that matter! 1. "Hey Joe we have trucks in your area and I wanted to touch base and see if we can help you move any of your freight?" 2. "Hey Joe I am a freight broker and have access to a network of over 5,000 trucks. I was wondering if we quote you on some of your lanes?" 3. "Hey Joe I am freight broker and I can save you money on your full truckload freight. I was wondering if I could quote you on some of your lanes?" I'd say that most brokers/agents use some version of these very bad and outdated scripts. Shippers have heard this crap for years and are sick of freight jockeys. All you are doing with these terrible scripts is TRIGGERING a negative response once they recognize speech pattern and cadence. This NEGATIVE response if very difficult to overcome. Impossible in most cases! Shippers don't want to talk to salespeople, but they are happy to talk to freight experts. Fact, is you only have 5-10 seconds or less to get your pospect's attention. For god sake, please ditch those old dusty 1980's sales scripts. When you sound like everyone else, don't be shocked when you get treated like everyone else. BE DIFFERENT!!! Any and all feedback, questions welcomed. šŸ˜ŽšŸ»
6 likes • Jan 29
As a former shipper, I have heard it all. I was pitched to constantly for many years. Now that I am on the other side, my main objective on the first call is not to start out pitching but instead do more listening and learning about what they do and what are some of their challenges. Most likely, I have had the same issues at some point in time. I had an initial first time call yesterday and we found out that we really do not have anything to offer at this time...but I was able to refer them to someone who can help them. I provided them with value, and I developed a new relationship with a shipper who is growing in the marketplace. They do not need our services at the moment, but when they do, we will talk again. We will keep in touch, and I offered to help them in other areas where I can such as provide referrals for other services.
2 likes • Feb 6
@Michael Jenkins It has not been easy to get the initial call. Procurement folks today, in general are hard to reach. I have found that typically the best way to reach someone is through a referral, someone in the industry or maybe I know someone in the company who can facilitate an invitation. The main objective on initial calls is really just to learn more about the individual and the company challenges. I highlight what we do, but no heavy selling, more relationship building. Some initial calls have resulted from LinkedIn.
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John Radvansky
4
69points to level up
@john-radvansky-1321
Logistics professional in the handling and transport of chemicals

Active 32d ago
Joined Feb 20, 2024
ENFP
Arlington, TX
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