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.
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.
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.
Combined with C.H. Robinson’s own technology and data from the largest network in the freight industry, our partnerships with research firms and universities help our customers stay on top of the trends that influence their supply chains. I had the opportunity to sit down with Tim Denoyer, vice president at ACT Research, to ask him [...]
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 [...]
This year’s produce season is felt after a series of events impacting transportation. The power outages in Texas, the inclement weather in the Midwest, and the Ever Given ship at the Suez Canal, all of these contribute to a tight transportation market. What’s more, is that these are likely not the last of the events [...]