As we wrap up 2019, it’s not too late to prepare for the conditions of the changing transportation market and review expectations for the coming year. Here’s a brief update about the transportation market in the final quarter of 2019.
Freight Market Update
Geopolitical uncertainties such as Brexit, the China-U.S. trade war, and the trade conflict between Japan-Korea all impact today’s shipping market. A lot of C.H. Robinson’s coverage of these and other disruptions has focused on what it means for companies shipping into North America. But these same disruptions are also causing serious challenges to the transportation industry in China and Asia at large. » Read More
On August 14, 2019, the Federal Motor Carrier Safety Administration (FMCSA) released the long awaited draft rule updating certain parts of the hours of service (HOS) rules. » Read More
For many in the supply chain industry, a cyclical pattern of tension and slack is a familiar occurrence. While freight volumes and the supply of trucks and drivers constantly strive for equal balance, they often fall short. Here are the five key freight trends worth watching in late 2019.
Retailers are keenly aware that failure to keep pace with industry change is not an option, as evidenced by continued store closings and retail bankruptcies. They also know that brilliant store designs and seamless mobile experiences count for nothing if they are unable to move the products their customers have ordered to their preferred destinations in excellent condition as quickly as possible.
Nearly three years ago, C.H. Robinson’s President of Managed Services, Jordan Kass, spoke before Congress to detail industry concerns over the U.S. government’s role in supply chains. Today, amid an uncertain trade situation on the U.S.-Mexico border, his words seem unusually predictive.
Crowdsourcing apps, same day delivery, and ecommerce trends continue to impact last mile delivery expectations. With this ever-changing landscape, cost-effective management of the last mile has become a challenge that needs a broader view.
As the evolution of retail and the way consumers purchase goods continues to change, effectively serving both consumers and retailers is a strategic challenge for both shippers and carriers.
Our industry’s cyclical pattern of tension and slack has become familiar to many of us. Freight volumes (demand) and active supply (trucks, drivers, trains, and containers) seek balance, but often fall somewhere across the balance spectrum. Currently, we are early in a shift from high tension to low. As such, there are several new trends to keep an eye on as we move into the second half of 2019. You can read the most up-to-date blog post here.
Wanting to know how your supply chain compares to others in your industry (or the market at large) is natural. After all, knowing where you stand can influence your goals, planning, and strategies in the future.