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Abstract
This paper analyses the role of third-party logistics (3PLs) in the perishable freight market and the value they add for shippers. First, it examines the hurdles shippers face today. With the widespread driver shortage, securing capacity can be a burdensome task for shippers, especially in a bull market, like the one we experienced in 2018. Secondly, the paper reviews the challenges of realising greater efficiency in the temperature-controlled market, such as the ebb and flow of capacity, controlling costs, managing risk, and keeping current with government rules and regulations. Lastly, it will look at the solutions that 3PLs provide, such as emerging technology, including new track and trace capabilities, blockchain, autonomous trucks, and the Internet of things (IOT), all of which have enormous implications for the future of Transportation.
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Author's Biography
Geoff Turner is president and CEO of Choptank Transport, a nationally recognised third-party logistics company headquartered in Preston, MD. A thought leader in the industry, Geoff has shared valuable insight with other supply chain experts on several important platforms, including CSCMP’s 2018 Annual Conference, as chairman of the Transportation Intermediaries Association (TIA) in 2013 and being named a DC Velocity Rainmaker (2015). He has played a key role, along with other transportation stakeholders, by lending his voice on important issues and changes to supply chain legislation and pending bills in Washington, DC. Geoff also has been a strong advocate of supporting local education and has funded two significant scholarship endowments in Choptank Transport’s name at the University of Maryland, Robert H. Smith School of Business and at Salisbury University, Franklin P. Perdue School of Business, as well as participating in the Junior Achievement and dozens of other local charities, school and community sponsorships.
Citation
Turner, Geoff (2019, September 1). A 3PL’s role in perishable freight transportation. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 2, Issue 1. https://doi.org/10.69554/GHST5313.Publications LLP