In an already tight freight market, shippers should prepare for scarcer capacity next week as the Commercial Vehicle Safety Alliance (CVSA) has scheduled Operation Safe Driver Week to take place from July 11-17. This year, the event will focus on speeding, and law enforcement personnel will be monitoring the speed of commercial motor vehicle drivers […]
Read MoreAuthor: Bethany Cramer
Q3 2021 Trucking Trends and Freight Market Update
The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. The first half of the year has been largely defined by unprecedented conditions due to the disruption stemming from the pandemic, a crippling polar vortex, and an influx of imports. Each of these […]
Read MoreHow Trader Joe’s Suppliers Can Benefit from Retail Specialized Logistics Partnerships
Delivering product to Trader Joe’s can be challenging for CPGs that do not wield an efficiently optimized logistics function or experience in working with the grocer. Like many in the industry, Trader Joe’s has specific delivery requirements that its suppliers must meet in order to create a mutually beneficial partnership. The retailer has become an […]
Read MoreValue-Added Logistics Partnerships Bring Benefits to Sporting Goods Shippers
Because of the changes to the retail and CPG industries, forward-thinking sporting goods shippers are looking to logistics as a differentiation strategy. As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage. Sporting goods shippers that have optimized their operations to meet the needs […]
Read MoreHow the Truck Driver Shortage is Affecting the Freight Market
The truck driver shortage has been widely publicized lately as the domestic supply chain still grapples with the post-COVID fallout. As demand for freight services continues to mount, the supply side is having difficulty meeting the needs of shippers. This imbalance has left CPG brands feeling the pinch as more volume enters the freight market […]
Read MoreReport from Food Marketing Institute Highlights CPG Logistics Challenges
The past 12 months have been a year unlike any other for suppliers and providers in the CPG logistics world. While those in other sectors sputtered, brands and retailers alike spent much of the year trying to keep up with skyrocketing demand. According to data from the Consumer Brands Association (CBA), CPG sales in 2020 grew […]
Read MoreHealthcare Product Shippers Look to Retail Logistics Partnerships for Success
For shippers working with retailers to bring their healthcare products to market, logistics has emerged as a reliable source of competitive differentiation. And one of the most dependable ways shippers can unlock the power of the supply chain is by partnering with a specialized third-party logistics provider. Working with a retail expert 3PL on a […]
Read MoreWhy Are My Freight Rates Increasing? Produce Season Can Strain Capacity
Freight rates continue to remain elevated in year-over-year comparisons. So why is that the case? There are many factors contributing to above-previously-established rate norms. We have documented several micro trends that are buoying rates above shippers’ accustomed levels. This week we will zero in on produce season and its effects on the market. Produce season […]
Read MoreWhy Are My Freight Rates Increasing? Retail Demand Remains Elevated
Freight rates rose throughout 2020, and we have yet to see the trend reverse with any consistency. The reason can be pinned on several factors, which is why we are continuing to analyze some of the major contributing sectors driving up rates. This week we will focus on retail demand, which has continued to beat […]
Read MoreWhy Are My Freight Rates Increasing? The Housing Market Adds Volume
Freight rates rose sharply in 2020 and continue to remain elevated this year. Since last May, the freight market has grown almost uninterruptedly. While this ascent has benefitted carriers, CPG shippers have paid the price in rising freight rates that came on the heels of many continuous months of favorable pricing. There are many different […]
Read MoreWhy Are My Freight Rates Increasing? A Look at Port Congestion
Freight rates have risen dramatically over the past year following an unprecedented downturn at the onset of the COVID-19 pandemic. Since Q2 of 2020, the freight market has posted nearly uninterrupted growth. While this is great news for carriers and truck manufacturers, CPG shippers have paid the price in rising freight rates that came on […]
Read More10 Benefits to Working with the Right Logistics Provider
Outsourcing parts of the supply chain to a logistics provider has become commonplace for organizations further along in their growth cycle. According to a report from Armstrong & Associates, over 90% of Fortune 500 companies stated that they use a third-party logistics provider in some capacity, and that trend is only increasing. A study published by Gartner […]
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