This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To answer that question, let’s examine some of the similarities between the two industries. Back in the 70’s and 80’s full-service stock brokerages dominated the industry. The industry leaders, like Merrill Lynch, E.F Connections with carriers who have available capacity (especially important in this market). Hutton, etc.
When it comes to major issues, industry events, and new developments, TT journalists get the story first and get it right, keeping readers informed about all aspects of the trucking industry and helping them stay ready for what’s to come.
2022 was a pretty good year from an industry standpoint. Volumes were still elevated (certainly not like we saw in 2021) and capacity was inline. Subscribe to our newsletter and receive the top five logistics articles of the week every Friday morning by selecting “Weekly News Update” when you select your preferences.
The problem of empty container repositioning poses a significant challenge in the international container transportation industry. This article aims to investigate the use of non-operating reefer (NOR) containers as a solution to the empty container repositioning problem.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Noam is a transportation industry veteran who has always advocated for building solid relationships between 3PLs, brokers, and carriers. Noam is a pioneer and innovator, Noam Frankel has spent more than 35 years building operations and technology in the logistics industry, originally as co-founder and COO of American Backhaulers.
If you’ve worked in the LTL industry for any bit of time, then you know that it’s always changing. The industry hadn’t felt the void of such a large company since Consolidated Freightways closed 20 years prior. We saw news articles and hit pieces about the conflict, week after week. Rates adjust. So, what happened?
This survey focuses on the current state of key practices in last mile logistics, spread across multiple industries and over 1,100 respondents. The survey results provide a cross-industry perspective on last-mile logistics including delivery methods used, the extent of customer real-time visibility, and average vehicle capacity.
Some areas in Florida have shelter-in-place orders, likely limiting available trucking capacity and shipper operations throughout the end of the week. Since more out-of-state carriers are providing services and taking routes outside of their standard area, that takes capacity out of the market and can drive up prices, according to Williford.
As 2024 draws to a close, the bulk trucking industry remains steadywith capacity holding strong and demand experiencing modest declines in both bulk liquid and dry bulk shipments. While these factors contribute to a stable operating environment, they also bring challenges and uncertainties as we look ahead to Q1 of 2025.
Original article: Freight Truck Shortages Are Changing The Face Of Logistics. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. Shippers would access autonomous freight capacity in a service model and pay for this on a per mile basis.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
As we’ve passed the halfway mark of 2021, we know a few things about the freight capacity crunch: it’s bad and only appears to be getting worse. As a shipper, you are having great difficulty moving freight, while carriers are being offered more loads than they can possibly handle.
If you’ve spent any amount of time within the bulk trucking industry, chances are you’ve built relationships with folks that ship liquid and dry bulk products and need capacity. As a bulk freight broker agent, you can provide that capacity to your contacts while developing your own career in the process.
In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions.
In this article, we’ll take a look at North Carolina warehousing capacity and tell you why a more rural location may be right for your business. North Carolina Warehousing Capacity in the Metro Areas. In the Raleigh-Durham industrial real estate market, overall warehouse asking lease rates have risen (NNN; triple net) to $8.57
Nick is a tenured veteran of full truckload freight brokerage who has firsthand knowledge of technology’s power in the freight industry. Nick ’s operational focus and capacity to find a path forward, no matter the challenge, make his skills indispensable when working on a project, problem, or idea.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Michael Leto , CEO of Emerge , has been in the transportation industry for over 21 years and played an active role in creating one of the largest and fastest-growing 3PLs in the country. About Michael Leto.
Industries such as semiconductors, electric vehicle (EV) batteries, and transportation equipment are at the forefront of reshoring efforts , leading to a fundamental shift in freight demand patterns. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio. Southwest U.S.
After enduring historically tight capacity markets in the wake of the pandemic, shippers are experiencing a welcome respite. Finding bulk freight capacity is easier now than it has been in years. In this article, however, we’ll explain why this seemingly positive news may not be as good as it seems.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Shortages for in-demand products abound, while shipment delays are common and production lines run at a fraction of capacity. The COVID-19 crisis has hit the global supply chain from all sides.
When customers feel skittish about taking on a new car loan or signing on the dotted line for a thirty-year mortgage, this has a trickle-down effect, not just on the immediate sectors, like the auto industry and housing, but those secondary and tertiary markets. Stay Up To dAte Looking for a more frequent update?
According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. Warehouse capacity: The storage capacity and utilisation of existing facilities. 4 of this article.
So the topic for this week is warehouse capacity. Understanding Warehouse Capacity Challenges So it seems to be a particular challenge at the moment, people running out of warehouse capacity and we’ve been seeing this trend in the Logistics Bureau, a consulting business for probably the last three or four years.
This has buoyed optimism in the industry. The uptick in rejection now appears to be more of a limit of capacity in certain markets versus carriers hedging their bets on the open load board. Drip, Drip, Drip Speaking of that capacity, there is a reduction happening, albeit a slow drip. As shown in Figure 1.2,
IoT World is North America’s largest IoT event where strategists, technologists and implementers connect, putting IoT, AI, 5G and edge into action across industry verticals. For industry participants, data analysis presents an opportunity to optimize railway operations without adding costly infrastructure. “We Book your ticket now. ].
This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging. Aluminum is preferred in various industries due to its lightweight and high recycling rate.
This article explores the different types of forklift attachments and their applications. Calculating the added weight of the fork extensions is vital to prevent exceeding the forklift’s capacity, avoiding potential tip-overs. Note : This type of clamp is ideal for printing, publishing, and paper manufacturing industries.
Trinity Logistics is always looking to grow our company, our brand presence, and most importantly, our knowledge within our focus industries; chemical being one of them. We find being members of industry associations helps keep us in tune with current challenges our customers may be facing, while giving us new opportunities to connect.
Heading into the home stretch of 2022, conditions in the bulk trucking industry remain largely unchanged since the beginning of the year. Capacity is still a concern, and the truck driver shortage continues to loom large. In this article, we’ll break down what we’re seeing out there from a bulk freight broker viewpoint.
Heading into the home stretch of 2023, conditions in the bulk trucking industry remain lukewarm: not bad, not great for both shippers and carriers. Capacity is fairly stable, but costs aren’t budging all that much. In this article, we’ll break down what we’re seeing out there from a bulk freight 3PL viewpoint.
Combined with declines seen on the industrial production and manufacturing side, the hope for a rebound in freight volumes will not take place in 2023. Capacity Declining To further illustrate the impact of freight volumes on capacity, Figure 1.2 As freight volumes started to decline, as seen by the blue line in Figure 1.2,
This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. The number of accidents in the trucking industry is up, and so are insurance premiums. As an industry, trucking associations are advocating tort reform. To read the full article, click HERE.
With an almost audible snap, the doors of capacity slammed shut on hundreds of less-than-truckload (LTL) shippers this week, as the largest US LTL carrier, FedEx Freight, reportedly cut off service to as many as 1,400 customers Monday to restore balance to its network. Or pay more.”.
I have the opportunity to work with the best in the logistics industry, having been on both the Carrier and NVOCC sides of the business. In this article, we define five advantages that will transform the future of freight forwarding. A freight forwarder ensures the accuracy of your duties and taxes applicable to any cargo.
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. READ THE FULL ARTICLE BlueGrace SVP of Managed Services Jason Lockard said that the 5.9%
With capacity so tight over the past few years, the role of the bulk freight truck driver has received a lot of attention. As bulk trucking is a smaller, specialized subset of the larger trucking industry, these drivers are even harder to come by. In this article, we’ll examine the question “what is a tanker endorsement?”
In this context, knowing what is already popular in the sector sets the foundations for future actions as well as positioning your company among the most innovative in the industry. The capacity to tailor offerings, change delivery routes, and fulfill peak demand is also required to stand out in an increasingly competitive industry.
Excess capacity continues its slow runoff, and March saw an uptick in for hire carriers. As seasonal flatbed type freight, combined with an uptick in industrial production and manufacturing activity is occurring, it has pushed flatbed rejection rates to more normal levels over the past few months as seen in Figure 3.1.
The shipping industry is essential to the global economy, responsible for the transportation of goods between countries. The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. And, the effects are not limited to those areas.
One may ask, “Well, why would rates elevate when the LTL industry was operating at less than capacity and nothing has caused an influx of new LTL freight?” As you probably recall, one of the larger LTL carriers, Yellow Corporation, filed for bankruptcy in August and ceased operations. Stay Up To dAte Looking for a more frequent update?
There has been a lot of talk in the news and industry publications about the struggles facing the supply chain industry. Even we have discussed the challenges logistics providers must overcome in recent articles like “ The State of U.S. This industry is likely making up for lost business from COVID-19 lockdowns.
1] This Plan provisions $11-$15 billion dollars in ‘additional logistics centres and capacity’ amid other investments that contribute to Defence’s ability to respond to contingencies, crisis and conflict. [2] 2] This is the largest, single-hit, planned investment in Defence’s logistics capability and capacity since the Second World War.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content