Tariffs are the hot topic today, but there are a few other conditions causing challenges for today’s global supply chain professionals. Recently, I had the chance to talk with Eric Kleinsorge, publisher of Global Trade Magazine for a GT Podcast titled Global Logistics & Current Market Trends. The highlights of our conversation appear below. (Special [...]
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.
Reoccurring annual events, like the holiday season, typically bring predictability to air shipping. But lately, out of the ordinary events have disrupted the seasonality we typically expect. The best way to deal with the ever-changing peaks and valleys in air capacity throughout the year is to know both the historical patterns and potential air market [...]
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 [...]
Industry trends can either support your goals or wreak havoc on them. With the continued increase in supply chain complexity and greater pressure to keep inventories lean and accelerate shipments, is your supply chain ready for what 2019 has in store?
What is your air freight strategy for the year ahead? Demand growth, the type of capacity airlines are adding to the market, and tariffs are big trends to watch this year. Get ready for whatever comes next. Here’s what you need to know.
What a difference a year can make! This has been an interesting year for the ocean shipping industry. Ocean carriers were mostly profitable at the end of 2017, but that trend eroded quickly in the first half of 2018. And, with fewer carriers now in business—a result of past consolidations—carriers are finally focusing first on [...]
It’s been nearly a year since the electronic logging device (ELDs) mandate went into effect. Some had predicted that the industry would see mass carrier bankruptcies or a flurry of acquisitions of smaller carriers by larger ones, but that hasn’t been the case. Instead, thanks to the strongest truckload shipping market since deregulation in 1980, [...]
Many would argue that the role of transportation services within business has been changing over the past few years. I agree. But I also ask: is transportation what has really changed? Or is transportation only becoming increasingly important because of everything else that has changed?
It’s no secret that freight capacity is tight in 2018. As you navigate this challenging market, however, you may be wondering what factors led us to where we are today. A major shortage of drivers, a new mandate, high loads and even Mother Nature have all contributed in their own ways. Here’s how these factors [...]