We’re halfway through 2019, and throughout the past six months, the transportation industry has experienced a number of events that have affected shippers and carriers alike—including the annual Roadcheck inspection and ongoing capacity fluctuations. But no matter what the current landscape looks like, it’s critical that businesses understand the widespread influence that industry events can…
Tag: market
Three months into 2019, the industry has already experienced a number of developments impacting shippers and carriers alike. For example, we’ve recently seen events such as the bomb cyclone, flooding in the Midwest and the ongoing gridlock at the U.S.-Mexico Border impact supply chains across North America and directly affect the freight market. It’s critical…
2019 is in full swing, and there are plenty of key transportation trends and industry conditions to explore in the new year. As we move away from the packed holiday season for organizations in the retail space and anticipate the upcoming Chinese New Year for international shippers, Transplace’s Quarterly Industry Insight Report is here to…
With only a few months left in 2018, there are a number of key market trends and industry conditions left to explore – especially with the jam-packed holiday season coming up for organizations in the retail space and beyond. In addition to the anticipation of the peak holiday shipping season, recent events such as Hurricane…
In the current freight market, it truly is “survival of the fittest.” Industry challenges such as the driver shortage, capacity imbalances, government regulations and an overall robust economic condition are all creating havoc on transportation costs. Companies are grappling with new standards of velocity, market choice and cost for their products and consumers are demanding…
It’s hard to believe, but we are more than halfway through 2018 – and as we head into the second half of the year, there are myriad market conditions and industry statistics to explore. Keeping abreast of the current state of the marketplace can truly enable your organization to successfully navigate any obstacles and stay…
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…
By: Frank McGuigan, CEO, Transplace Three months into 2018, the transportation industry has already observed a number of rapid developments and heightened challenges faced by shippers and carriers alike. From a marketplace standpoint, it’s no secret that there is currently an abundance of demand and not an abundance of supply. Truckload and LTL contract rates…
By: Frank McGuigan, Chief Executive Officer, Transplace As many of you may already know, we recently announced that Tom Sanderson has transitioned to the role of executive chairman and will serve on Transplace’s board of directors, and that I have moved into the role of CEO. I am honored and excited to have the opportunity…
The last quarter of 2017 may be behind us, but your organization still needs to be looking ahead to keep pace with this ever-changing industry. That’s where Transplace’s Industry Insight Report – your quarterly overview of transportation trends, capacity and truckload rates, economic insight and much more – can help! As we begin 2018, we…