During last week’s Market Insights Live! webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. This included our forecast of future market conditions, explanations of how the latest market changes impact supply chains, and answers to your most pressing questions.
A new era of air transportation trends is emerging to create a confusing outlook for shippers. Air freight has been in nonstop peak-season mode despite pandemic-induced capacity decline, while other disruptions, such as the Suez Canal blockage, drove even more demand to air. This is all happening while the Transportation Security Administration is reporting a [...]
Less than truckload (LTL) freight refers to the transportation of products or goods that do not require a full truckload. These smaller freight loads typically result in many separate shipments being transported on one truck. LTL shipments are usually arranged on pallets and range anywhere from 150 pounds to 10,000 pounds.
The transportation industry has faced volatility over the last several years, but nothing like the disruptions of 2020. The less than truckload (LTL) marketplace continues to face unique challenges due to the COVID-19 pandemic. One ongoing situation is longer than normal LTL transit times.
It’s safe to say that 2020 will not be a year easily forgotten. This past year has been full of adjustment. Around the globe, our personal and work lives were upended with very little warning. As the pandemic spread, spending time with friends and family, water cooler conversations with co-workers, and even dependence on a [...]
Heightened consumer expectations can bring obstacles for supply chains in many industries. For last mile supply chains, especially those of large format items like appliances or home fitness equipment, the change in expectations continues to put pressure on shippers to deliver quickly and reliably with free or low-cost shipping options. All while maintaining transparency for [...]
Supply chains have faced unprecedented volatility, making it increasingly difficult for shippers to successfully navigate the marketplace. The transportation industry has faced volatility over the last handful of years, but nothing like the disruptions of recent months. From capacity shortages and missed customer requirements to a shift in shipping smaller, more frequent orders—truckload and less [...]
The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. In any environment, internal and external influencers regularly affect supply chain efficiency.
Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. However, flatbed freight can be an often-overlooked element to the success of key industries
If you’re a U.S. company importing from China, you may have tens of thousands or even millions in tariff refunds waiting for you. With two-thirds of Chinese origin goods subject to Section 301 tariffs, companies large and small have been impacted since they were implemented in 2018 amid a U.S.-China trade war.