Do month-end or quarter-end freight surges affect your transportation costs? You’re certainly not alone in asking this age-old question! Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, and that your routing guide may not work as well as it usually does during those times.
In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. Now you can obtain transportation services where you already operate as well. In fact, today you can procure freight rates from your transportation providers right in your [...]
Over the last two years, fuel prices have increased 72% per gallon. That increase can add anywhere from $165 (500 load miles) to $660 (2,000 load miles) in cost per trip. While oil prices are particularly difficult to predict, there are ways to mitigate the impact of these rising fuel charges.
Today, only 10% of U.S. truck drivers are women. That means there is a significant opportunity to alleviate some of the pressure the chronic driver shortage continues to create by attracting and retaining more women across the supply chain.
Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. In our first Market Insights Live! event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set [...]
Shippers are likely to remember 2021 as the year with the tightest trucking capacity they’ve encountered in a long time. By some measures, this seemed to contradict the typical supply and demand equation. With less or similar demand and more supply than before the pandemic, why did truckload capacity stay so tight? Two supply-side factors help explain why.
If you participate in shipping in Mexico at all, you know that many recent factors are affecting both cross-border and intra-Mexico shipping. These influencers include—but are not limited to—capacity imbalances, border congestion, and new regulations from the new political administration.
Jason Miller, associate professor of supply chain management at Michigan State University, shares his insights and offers recommendations for what shippers can do to obtain capacity and plan for the coming months.
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.