By: Wes Breyfole, SVP, Parcel Solutions As consumers embrace ecommerce shopping, supply chain and logistics leaders have a renewed focus on last-mile delivery strategies. Before the pandemic, Frost & Sullivan estimated that global logistics spending would grow beyond $10.6 trillion annually by 2020, with last-mile distribution accounting for an estimated $3 trillion of that spend….
Tag: COVID-19
By actively monitoring unforeseen events like global pandemics and natural disasters in real-time, Transplace uses our advanced technology to report on supply chain vulnerabilities and disruptions in shipments, allowing shippers to make decisions quickly and efficiently. To further support shipper’s efforts to mitigate logistics disruptions, we recently developed a new breakthrough feature displaying vital COVID-19…
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 will continue to support our customers and partners with…
What Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network. In early February, as news of the novel coronavirus began to break into the news cycle, the Transplace team began reporting on the impacts of COVID-19 on the global supply chain. As we provided updates in the weeks that followed, the…
Logistics industry specialists can look to Transplace’s Logistics Quarterly Market Update and Outlook Report to gain insights from Q2 2020 and an outlook for what’s to come. The report spotlights the impact of the COVID-19 pandemic on the global supply chain. Using proprietary analytics and benchmarking statistics from Transplace’s $9+ billion in freight-under-management, the quarterly…
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 is happening. We will continue to provide you updates…
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…