Tag: China

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…

By: Mollie Bailey, VP, International, Transplace Since news broke out that a mysterious strain of coronavirus was affecting residents in Wuhan, the capital of Hubei Province, Chinese New Year celebrations and global travel and business operations have been significantly impacted. Coronaviruses are part of a strain of viruses that can cause the common cold or…

By: Linda Bravo, Corporate Customs Broker, International, Transplace There have been many recent headlines surrounding international trade and the potential impact of a number of tariffs being put into place by the U.S., most notably the tariffs on steel and aluminum last month. These tariffs affect all shippers who may be importing or exporting from…