The spot load market has seen higher demand as of late, resulting in record-breaking rates. Late summer saw a big climb according to DAT Freight & Analytics. And in October, the industry saw averages reach all-time highs for dry van and refrigerated freight. We’ll look at what the numbers mean for the rest… Read More »
How the COVID-19 Pandemic is Impacting the 2020 Summer Shipping Season
The shipping world has been buffeted by many unprecedented events over the last couple of years, from major natural disasters to a trade war with China and now, a pandemic. The peak shipping season, which runs from August to October, is already set to feel the impact of the COVID-19… Read More »
Global Retailers Are Resetting Warehouse Demand
The warehouse industry has faced a tremendous amount of turmoil during the past; however, the demand has been surging during the past few months. Real estate activity in the industrial space, including renewals and new leases, has jumped by close to 50 percent between mid-April and mid-May when compared to… Read More »
The Demand for Additional Warehousing Space Is Expected to Spike
Every industry has been impacted by the COVID-19 (coronavirus) pandemic and this has led to a paradigm shift in the way consumers behave. Many businesses have had to shut their doors during the past few months. This means that they have been unable to move their inventory. Therefore, it should… Read More »
A Record Drop in Exports Is Reported
The COVID-19 pandemic has impacted every part of the economy and the warehousing industry is no different. The logistics industry has been hit hard, particularly when it comes to imports and exports. Now, numbers are being reported that back up these findings. According to a report that was released by… Read More »
