Shippers

While mobile devices are common in many industries, the use of these devices to manage inventory is still limited.

Carriers give back pricing power as volumes and rejections rates plummet. Spot rates are negative week-over-week for 95% of lanes from Truckstop.com.

Morgan Stanley survey shows coronavirus disruption is accelerating for carriers, shippers and brokers, but the height of the disruption may be closer than some may think.

National freight volumes and tender rejections are falling as fast as they rose. Carriers remain in slight pricing power position, but their footing is slipping with each passing week,

On EP22, Kevin and Andrew discuss the inevitable accounts receivable risk incoming in the transportation industry with Peter Rentschler from CarrierDirect. Andrew introduces a new segment and expectations are set for the March unemployment rate. Check out other episodes here.

While this may be the peak pricing power for the carriers for this freight cycle, the carriers gain another 10 points in the DHL Supply Chain Pricing Power Index this week.

Uber Freight has taken several steps to address industry needs during the COVID-19 pandemic, including offering truck drivers a $20 weekly food credit and cutting shipper costs with zero-profit relief loads.

The continuation of panic buying and restocking has swung the DHL Supply Chain Pricing Power Index violently to the upside. Carriers are now in dominant pricing power position for the first time since we began this series in September.

CDL 1000 aims to revolutionize street turns by automating the process, cutting out inefficiencies and improving speed.

American consumers are panic buying goods from every aisle. To meet this spike in demand, shippers must procure trucking capacity at higher-than-contracted rates creating a significant 15 point swing to the carriers.

Kellogg’s took first place in the inaugural Shipper of Choice Awards last year. Nestle won second, followed by Walmart, Conagra and The Home Depot.

Shippers combat coronavirus with new procedures, questions for drivers; carriers advise proper hygiene, while Amazon requires sanitization of workstations, vehicles

Steel giant working to restore normal operations “as quickly as possible” as trucking companies report disruptions in freight from Canadian facility.

The carriers gained pricing power this week as volumes jumped over 6%, capacity tightened slightly and spot rates increased across the country.

This week, the shippers gain pricing power for the 5th time in the first seven weeks of 2020. Volumes are flat, rejection rates are low and rates are even lower.

In a monotonous week in the freight industry, we believe neither the shippers nor carriers gained any pricing power.

Shippers gain another 5 points of pricing power in this week’s DHL Supply Chain Pricing Power Index.

Nominate your Shipper of Choice right here.

This white paper pairs FreightWaves’ survey results with SONAR data to closely examine the contributing factors of volatility in the most recent freight cycle, predict the tightening market in 2020 and show how shippers can use data to increase visibility and stability.

Despite strong economic data in favor of the carriers, flat volumes and loosening capacity garners a power grab by the shippers.