Has the Demand for Spot Loads Increased?
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 »
Trucking and Virus Precautions: What You Need to Know
Truck drivers keep U.S. commerce moving, every day, and through disasters and pandemics. How does an infectious health threat impact the job of trucking? The Centers for Disease Control and Prevention tells us that the COVID-19 virus spreads when people inhale invisible droplets from other people’s mouths. The recommendation to wear non-medical masks is meant to… Read More »
Predictive Modeling in Freight Management
Technology has changed the way nearly every industry operates and the world of freight management is no exception. One of the leaders in the world of operations and supply chain management is Fleet Advantage. This company has been one of the premier names in the world of equipment lifecycle management.… Read More »
How the Shipping Industry Is Preparing for the Digital Future
Digitalization is rapidly transforming the shipping industry and it is now a competitive necessity. Information technology is now the primary way for CEOs and companies to achieve and increase long-term profitability. There is not just one technology that will be used in the digital future for the industry. There will… Read More »
How the USMCA is Going to Impact Shipping
Recently, representatives from the major North American powers (the United States, Mexico, and Canada) met to discuss the future of free trade across the continent. They came up with is called the United States Mexico Canada (USMCA) agreement. This agreement serves as a replacement for its predecessor, the North American… Read More »
The Art and Science of Intermodal Container Routing
In 1956 a new shipping concept was put into practice as “containers” were sent by sea from Newark to Houston. Since then, two concepts have revolutionized shipping in recent decades: using containers rather than loading cargo directly and routing those containers over a variety of transportation methods. Now that cargo… Read More »