While the global logistics industry has not been a stranger to disruption this past year, the congestion at the Port of Yantian in China, is starting to impact the market at an exceptionally high level – At the current pace, it’s going to be even more disruptive than the Suez Canal blockage this spring and [...]
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.
Anyone who has been paying attention to the transportation of goods has noticed delays in their own shipments, headlines in mainstream media paying attention to supply chains, and a general heightened awareness of how goods get from point A to point B. There are a number of factors that determine the tension of the transportation [...]
Through the rest of 2021, supply chain analysts expect the growing demand for transportation to outstrip the available supply of trucks.
If you’ve been in the transportation and logistics industry as long as I have, you know there are always ebbs and flows to supply and demand. Right now, analysts* forecast truckload volume to increase 8% to 12% in 2021. The supply growth of Class-8 tractors is expected to expand only ~1% in the first half [...]