Ricky Gonzalez

Cross-border shippers are facing persistent challenges that will worsen with time. Follow this 4-step plan to meet your cross-border capacity needs: 1. Evaluate your network and locations to see where it makes sense to have a nearshoring location or warehouse. 2. Plan ahead for transloading and warehousing needs. 3. Determine the best mix of capacity options to increase cross-border supply chain resiliency. 4. Work with transportation providers that are experienced in cross-border transportation. It's crucial to collaborate with carriers now to create a strategic plan for your capacity requirements. P.S. Schneider has more than 30 years of experience in the Mexico market and transporting freight across the border.

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Focus on your core competency There has been much said & even more written about RXO, Inc.'s acquisition of Coyote Logistics. My good friend, Grace Sharkey 🚛🤖💙 wrote of the deal over the weekend. For those in the business, this deal comes as little surprise. It's no secret that UPS has struggled to make sense of the volatile world of the brokerage industry. When it's good, it's great, but when it's bad... it's really bad. And lately, it's been really bad. While leaders are tasked with unlocking new revenue, not all that glitters is gold. And oftentimes those same leaders make the case that an acquisition creates the magical formulae of 1 +1 = 3. So let's do the math: UPS bought Coyote Logistics $1.8 billion in 2015. RXO, Inc. will buy Coyote Logistics from UPS for $1.025 billion sometime in 2024. 9 years & nearly $1 billion (that's billion with a 'B') in value gone. This is not an aberration. Brokering freight is increasingly commoditized & the margins of 2015 will likely not materialize for some time. I believe that RXO, Inc. got a great deal. I believe Coyote Logistics is a great company. The deal makes sense, but the landscape is changing. 2H of 2024 is going to be very, very interesting. https://lnkd.in/gt9MGusT

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Dude? What I say. 😂 Cross-border US/MX trade consistent from inception & the end of NAFTA. (1994-2020) 26 years of preferred Duty status ($0/minimal) boosted the MX Peso, with US companies that opened locations in...? Cost of labor in MX over US or CA is cheaper where? Now bring those bad boys up (finished or VAS goods) cross the border into the US and what'd you know? It's a NAFTA shipment, (zero or preferred status) Duty. Look at our margins! Dude, brilliant! 26 years, wow what a run. Wonder if the uptick, is from product 'outside' of Mexico that piggyback Markings: Made in MX, Product of MX, Partially assembled in MX, etc.

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https://lnkd.in/gCCzC63p The article highlights the changes TFI makes to adapt to ever changing situations. #freightwaves

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Introducing ProfitTrust Parcel Management Technology: ✅ A done-for-you filing system for small parcel refunds. ✅ A done-for-you rate analyzer for to ensure you always negotiate the best shipping rates. ✅ A done-for-you technology that instantly alerts you to billing inaccuracies according to your rate agreement. Save up to 35% on your shipping spend without you doing ANYTHING. That's ProfitTrust in a nutshell. But realistically, there's so much more.

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🇲🇽 Exploring the unique nuances of Mexican ecommerce vs. the US! 🛍️ While both markets thrive, Mexico's exponential growth takes the spotlight! Join me and Sam Gupta in this episode of ElevatIQ & WBSRocks podcast where we shed light on the Mexican market's dynamics and its distinct challenges. 🌎 From increased internet penetration to rising smartphone usage, Mexico's ecommerce sector is on a rapid rise, outpacing its US counterpart. 🚧 But it's not without its hurdles! Bureaucratic obstacles pose a significant challenge for businesses aiming to establish and operate successfully in Mexico. Whether you're a Mexican company eyeing expansion into the US or a US company looking to tap into the Mexican market, this episode is a must-listen! 🔊 Don't miss out on the opportunity to gain valuable insights from our wealth of experience and expertise. Tune in and unlock the secrets to navigating the dynamic landscape of Mexican ecommerce 🎧 https://lnkd.in/gUtG5zq6 Want to learn more about how we can help your business thrive in the Mexican market? Get a free estimate how much you can win 👉 https://lnkd.in/gZHGxRiB 🌐 #MexicanEcommerce #USvsMexico #MarketInsights

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Navigating cross-border trade is tricky 🚛 Want to streamline your Mexico supply chain? Untangle the complexities with this insightful article – and the right fulfillment partner 😉 Key Opportunities in Mexico: 🏁 Shifting manufacturing from China = closer operations to the U.S. 🏁 Record foreign investment signals a strong business environment 🏁 Existing fulfillment providers offer rapid scale-up potential Need a partner who knows the ropes? Prosper Fulfillment can help! Chad Jacobsen Luke Hoefs Jim Waters FreighTech Advisors FreightWaves

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This is the trending question with cross-border shippers. Get the 4 strategies and more in this comprehensive guide to nearshoring: http://sndr.pro/3P

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This is the trending question with cross-border shippers. Get the 4 strategies and more in this comprehensive guide to nearshoring: http://sndr.pro/3P

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The AJC Group’s marketing team gathered input from a member of each team so they could share their view, advice and input about their positions within each division. These are really fun to read and see each team members responses and different views. Check out the post about Edison with the ELS team! #interviews #input #sales #marketing

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A pro tip for my fellow shippers: Use our free online freight class calculator to save time and money. This tool is a must-try for anyone in logistics! Calculate your freight class now to get your freight moving faster: http://sndr.pro/4M

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Studies completed in 2001 & 2014 showed little improvement for drivers/carriers experiencing detention. But, why would this time be different? Maybe the third time's the charm? Instead of learning the hard way, why not tap into the collective experiences of others in the supply chain? Join the True Load Time network for a real solution that can yield immediate results. With True Load Time, you can gain market intelligence and enjoy transparency - all while increasing road safety. Reach out to your Tenstreet, LLC rep or message me to learn more and get started. Let's achieve VICTORY OVER DETENTION! #TLT #trucking #technologysolutions #transparency #roadsafety #truckdrivers #marketintelligence

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🔊 CONSOLIDATION is not enough 🔊 Enterprise LTL has far too many moving parts, discrepancies, and back office/operational requirements for tech only solutions to truly 'help'. Rocket saw this in 2021, and it still holds very true in 2024. TECH + LTL OPERATIONAL EXPERTISE = 🚀 #TTFM #LTL #dtc #ecom #knowyourniche #knowours

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Knocking Out Challenges with LoadStop TMS Freight brokers, the game has changed. In today's market, you need an edge to stay ahead. That's why LoadStop TMS is your ultimate Battle Station. Here's why: Real-Time Tracking: Keep tabs on your shipments and anticipate any hurdles with our live tracking system. Effortless Negotiations: Secure the best carrier rates and capacity with streamlined carrier relationship management. Automation & Integration: Focus on strategy, not manual tasks, thanks to our automated processes and seamless integrations. Top-Notch Support: No matter what storm comes your way, our dedicated support team is there to guide you. Get ahead with LoadStop TMS. Conquer the market with confidence. Book your LoadStop demo today: loadstop.com #LoadStopTMS #TruckingIndustry #StreamlineYourOperations #TMSforBrokers #TMSforCarriers #TMS #SmartTMS #DigitalTMS #transportationsystem #transportationmanagementsystem #tracking #transportationmanagementsoftware #truckingsoftware #tmsforcarriers #trucking #businessintelligence #TruckingSuccess #Invoicing #Trucking

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My latest article on Fast Company is live! This article, “8 important tips for evaluating your next technology investment”, is a great resource for drayage companies, and really companies in all industries, looking to implement a new technology. Check it out :) https://lnkd.in/eeTiJcC4

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Despite increasing spot market pressure, truckload contract rates continue to fall, highlighting a dynamic shift in the logistics market. Recent data reveals a 3%-5% year-over-year drop in long-term contract rates for dry van truckloads, while spot rates have surged by 5%-6%. This indicates a narrowing gap between spot and contract rates as the market nears bid season. Key Insights: • Contract rate decline: Although declining, contract rates are stabilizing with a slower descent. • Spot market surge: Rising spot rates reflect immediate market demand and short-term fluctuations. • Future contracts outlook: New contracts may experience reduced downward pressure, suggesting potential cost stabilization and market equilibrium. Shippers should closely monitor these trends and consider flexible contracting strategies that balance spot and contract rates. Leveraging data can help anticipate market shifts, optimize routing, and negotiate better rates. Building strong relationships with carriers and exploring diversified transportation options can also enhance resilience against market volatility. Understanding these market shifts is crucial to optimizing pricing strategies and staying competitive in a fluctuating environment. #Logistics #Trucking #SupplyChain

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