TriumphPay expects another year of depressed freight rates
Payments network is seeing only modest levels of freight capacity exiting the market.
Payments network is seeing only modest levels of freight capacity exiting the market.
Despite high inflation, big discounts drove shoppers to stores and online, with e-commerce sales posting records over the Thanksgiving holiday shopping weekend.
Each year since the onset of the pandemic, peak season has looked a little different. What should retailers expect this year?
As inflation has taken hold, consumers have shifted buying habits, but data suggests those changes are happening in different ways across the country.
Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.
As e-commerce growth slows, last-mile delivery providers remain under pressure to deliver for shippers, even if they don’t know how much of their services will be required.
RH confirms sharp drop in demand since Russia-Ukraine war and sees no supply chain relief.
Staffing remains a challenge for warehouse operators, but many are still not meeting the top demand of workers: schedule flexibility.
What is exciting for 2022, autonomous trucks make a big jump, Amazon shopping addicts by state, and FMCSA is hiring … again.
E-commerce sales continue to roll, but a decline in Q3’s numbers compared to Q2 comes as in-store sales climb.
FedEx is forecasting a 10% increase in package deliveries during the holiday shipping season.
Ulta Beauty is the latest brand to join DoorDash Drive, the food delivery company’s white-label last-mile fulfillment service.
Berkshire Grey continues a string of product releases with the robotic shuttle product sortation system for e-commerce retailers.
The end of the supply chain as we know it? Not even close, an economist believes.
Recent earnings reports from retailers exhibited improved inventory positions compared to a year ago. However, the comps show merchandise levels are still lagging sales by a wide margin.
ITF onboards new customers extremely fast, regardless of size or whether the end destination is a consumer or a business.
Americans are spending more on services. Contrary to predictions, this has yet to curb demand for containerized goods.
Spot pricing has surged even higher, propelled by carrier rate hikes and China congestion fallout.
The headline number for May retail sales was a sequential decline. What may have been lost in the report is that consumers are continuing to spend at a record-setting pace, which bodes well for freight flows.
There was a fair amount of “feel-good” talk regarding inventory build during the fiscal first-quarter retail earnings season. But for several chains, the year-over-year comparisons were easy. Further, sales have continued at an elevated clip, suggesting the massive merchandise restocking is far from over.