Criteria for selecting a freight carrier for your shipping operations
Posted: December 23, 2020 |
Important factors to evaluate before deciding on a carrier. Carriers are an indispensable part of transportation logistics, a key component of supply chain management. Partnering with the correct carrier capable of meeting your freight shipping needs is extremely important.
Peak Shipping Season, which used to be predictable, is not anymore
Posted: December 14, 2020 |
For shippers COVID-19 has created a “new normal” for businesses and individuals in ways never previously envisioned. The effect on the domestic USA and world economies is that shipping's normal Peak Season, which used to be predictable, is not anymore.
CPC Editorial on Surge in Driver Pilfering by Competing Trucking Firms
Posted: December 7, 2020 |
Fresh insights to an old and aging problem in the trucking industry. While a lot of truck drivers are retiring due to old age, a closer look at the high turnover rate shows that some of the data reflects drivers leaving one carrier for another for better pay. Driver pilfering is very common in the industry.
Plus, due to the low pay, the risk and responsibility for safety, many drivers have decided to seek jobs in other sectors.
Learn the secret to securing and maintaining Stable Air Freight rates
Posted: November 23, 2020 |
Air cargo and passenger demand have gone in opposite directions since COVID-19. Air cargo has retained 92% of its business while almost 90% of passenger demand has evaporated because of travel fears and government restrictions. Further improvement in cargo volumes could be capped by the shortage in passenger airlift, despite carriers deploying more dedicated cargo aircraft. Several airlines have recently announced capacity reductions for the end of the year; an indicator of future increases in air cargo rates.
Can the shipper manage through these complex increases?
Posted: November 19, 2020 |
UPS announced their 2021 rate increases which will be made effective in January of 2021. The increases came two months after a FedEx's announcement of its upcoming rate increases.
Both carriers cite the impact of COVID-19 and the surge in residential deliveries as the cause for the overall increase in rates. Specifically, the extremely high demand for capacity as they experience increased operating costs across their networks.
Rates have remained stable after rising 200% over the past year
Posted: November 4, 2020 |
The future direction of ocean freight rates is at a crossroad; there are multiple directions it can go in 2021, and we’ve identified indicators that will drive rates in either direction. All indications are that volumes will stay strong through November 2020, when peak season would normally fade.