Tag: cargo

Letter from the CEO: Market Update May 21, 2020 By: Frank McGuigan, CEO, Transplace As businesses begin to reopen amid COVID-19, we are seeing new demand patterns related to business reopen plans, seasonality in business verticals, and other COVID-19 related impacts. To bring visibility to where the market demand pattern is not following historical patterns, we…

Letter from the CEO: Market Update April 23, 2020 By: Frank McGuigan, CEO, Transplace We continue see the COVID-19 crisis impacting business processes, consumer habits, and the worldwide economy resulting in continued disruption on most of the global supply chain. Below, you will find our most recent market update that communicates our insight into what…

By: Frank McGuigan, CEO, Transplace Let me begin by saying that we are thinking of those who are directly impacted by this pandemic and remain committed to supporting our customers, employees, carriers, and partners. We are in this together and I have been proud to see how we have been able to support those around…

By: Frank McGuigan, CEO, Transplace We are pleased to provide another transportation market update for you this week. The major theme in our commentary today is a continuation of dramatic disruptions that continue to wreak havoc on most of the global supply chain. While a few indices are settling down, i.e., dry van spot rates…

By: Frank McGuigan, Chief Executive Officer, Transplace Last week, we provided an update on what we are seeing, best practices that you can incorporate in your business in response to the COVID-19 crisis, and information on how Transplace can help you navigate one of the most unique challenges of our lifetime. We are pleased to…

By: Frank McGuigan, Chief Executive Officer, Transplace At Transplace, we strive to prioritize the needs of our customers, our community, and our team members. With global attention of the coronavirus (COVID-19) outbreak, each day brings more unknowns and challenges for everyone. Transplace is closely monitoring the outbreak and the impact the reaction is having on…

With the global spread of the coronavirus (COVID-19), vulnerabilities in supply chains continue to be exposed. As the first tier in many company supply chains, the disruption in China has sent ripples through the worldwide economy. The situation is still fluid, as mentioned in our previous report, and Transplace will continue to release updates as…

Some of the best St. Patrick’s Day traditions include all green attire, shamrocks and a cold pint of beer. And as more than 120 million Americans participate in the celebration,[1] there is no doubt that the holiday has a significant impact on manufacturers, retailers and supply chains. According to the National Retail Federation, consumers will…

What used to be four primary ocean carrier alliances has now transformed into three different ocean carrier alliances, which kicked off services on April 1. The new alliances represent 77% of global container capacity and 96% of all East-West trades’ container capacity. While the changing atmosphere of new ocean carrier alliances for containerized cargo isn’t…