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: truckload
Capacity Trends and Tips for International Roadcheck and Beyond 2018 was a historic year for the transportation industry. The truckload (TL) market was extremely tight due to limited capacity—and as a result, many shippers looked to alternative modes of transportation to move their freight and went to extra lengths to increase efficiency and reduce costs….
By Darren Miesner, Vice President of Operations, Transplace It’s a fascinating time in the logistics industry. Increased demand and customer expectations are putting intense pressure on shippers to deliver on-time-and-in-full without blowing their bottom line. And while capacity has loosened in the first half of 2019, the spot market is still well above the levels…
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…
By: Frank McGuigan, Chief Executive Officer, Transplace The past year was challenging to say the least. The confluence of a high performing economy with finite trucking capacity that had already been impacted by regulatory changes, a driver shortage and severe weather events, resulted in capacity constraints and, ultimately, exorbitant freight costs. These challenges caused a…
By: Mollie Bailey, Director, International, Transplace Fuel surcharges have been a topic of conversation and negotiation for carriers and shippers alike for many years. Fuel is a huge percentage of a carrier’s overall cost for operating their business, and carriers have historically utilized various fuel surcharges, from “emergency” to “interim,” in order to pass along…
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…
By: Steve Moore, Vice President of Operations & Jeff Hart, General Manager at Transplace It’s no secret that the industry has recently been dealing with a capacity shortage – and January 2018 was particularly difficult due to winter weather events and an intensely constrained market. When capacity is tight, it impacts service and creates additional…
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…
By: Jose Minarro, Senior Vice President of Customs in Mexico, Transplace For now, it’s only been agreed upon via a handshake, but the United States, Mexico and Canada have made a deal to update the North American Free Trade Agreement (NAFTA) – which will now be called the United States-Mexico-Canada Agreement (USMCA). However, while it…