Retail analyst Andrew Cox makes five predictions for retail supply chains in 2021. First and foremost: An inventory correction.
The U.S. is experiencing an import surge.
Transportation costs are hitting record levels as companies struggle to grab capacity amidst an unusually early peak season.
Carriers with exposure to essential retail are benefiting from increased freight demand as retailers of grocery, household and home improvement goods struggle to keep inventories on their shelves.
Chart of the Week: Outbound Tender Volume Index – USA SONAR: OTVI.USA People have been clearing store shelves in parts of the country as if they were preparing for a zombie apocalypse this past week. This mass purchasing—or threat thereof—has spiked trucking volumes in the U.S. as the national Outbound Tender Volume Index (OTVI) increased […]
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
Higher rates to elevate inventory-carrying costs.
Inventories picked up in January, but low inventory/sales ratios mean that carriers with remain under pressure to hit tight deadlines.
