Shippers in a Morgan Stanley survey are optimistic over the macro environment and expect rate improvement moving forward. Plus, Chinese New Year impacts and supply chain sustainability takes a hit.
GlobalTranz, already among the largest brokerages in the nation, grew a bit more with the acquisition of 3PL Cerasis.
Outbound volumes and rejections were horizontal this week. Target’s poor earnings are not enough for us to believe the retail sector is in danger of a slowdown, but it is slightly alarming.
Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.
In the second DHL Supply Chain Pricing Power Index of 2020, the shippers gain power for the first time in 7 weeks. Look for the shippers to continue gaining power for the next few weeks.
Lumper payments can tie up cash for weeks as carriers wait for reimbursement, but Convoy is now automating the process, guaranteeing payment with the touch of a button.
Recon Logistics President expects LTL rate increases in the new year.
Market Expert Zach Strickland provides timely advice for shippers that need to choose either a carrier or a 3PL.
Peak season is wrapping up after bringing the carriers something to cheer for after dismal 2019.
A better than expected holiday season, the tightest capacity of the year and shippers rushing to get inventory off their shelves putting upward pressure on rates.
Investing in a TMS requires a critical look at what you want to accomplish, an understanding of what it can do and how to choose the right partner.
Tender rejections above 10 for the first time in 2019, volumes are holding and holiday rates are cheery.
New independent research reveals that lines are failing to adequately explain how IMO 2020 fuel bill surcharges are calculated.
Momentum for carriers holding as volumes, rejections and rates are moving in their favor.
Increased rates and signs of capacity slowly leaving the market continues the power shift towards carriers.
“We need to arrive on-time, every time!” “We need better visibility!” “We need more technology!”
The Global Shippers Forum says the views of exporters and importers have been ignored by European regulators extending antitrust protection to liner carriers.
No good news for carriers besides a slight surge in volumes leading into the late Thanksgiving holiday.
Lowe’s announces plans to make leadership changes and close 34 stores in Canada. The home improvement retailer increased earnings guidance for fiscal 2019.
The Home Depot, Inc. reels in full year sales expectations due to timing of investment initiatives. Management expects broad-based growth to continue as consumer discretionary spending remains steady.
