Accidents happen in transportation. Things do not always go as planned with the seemingly endless variables that go into moving your product from origin to destination. But there is good news. When damage does happen, shippers can take action to ensure they can recover lost revenue. Freight claims protect vendors when shipping goes awry. However, […]
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Outbound Volume Booming After Countrywide Reopening
The freight market is making a rapid recovery as outbound volumes have increased and stayed at several-year-highs over the past several weeks. Though they have stayed below the massive pre-pandemic build-up levels, outbound volumes show no sign of slowing down over the next few weeks. According to an article published in FreightWaves over the past weekend, “The […]
Read MoreWhy It’s Time to Onboard a New Logistics Provider
The unexpected upheaval to domestic commerce has thrown a wrench into many businesses’ 2020 plans. Vendors have had to overcome a multitude of issues since the COVID-19 outbreak began early this year. With the turmoil, like office closures and supply chain disruptions, many have looked for consistency. While that thought is understandable, it should not […]
Read MoreHow to Prepare Your Supply Chain for a ‘Busy’ Hurricane Season
It appears that 2020 will be known as the year of supply chain disruption. To potentially compound widespread logistics issues stemming from the COVID-19 pandemic, the National Oceanic and Atmospheric Association (NOAA) has predicted an above-normal Atlantic hurricane season. The Atlantic hurricane season runs from June 1 through November 1. And this year, the administration predicts […]
Read MoreFreight Volume Rebounds to Pre-Pandemic Levels
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. Currently, we are seeing signs of recovery. However, fluctuations are likely, and the road back to typical conditions will be bumpy. Most states across the US have opened for business in some capacity. Even New York has taken […]
Read MoreOutbound Tender Rejections Increase for the First Time Since March Peak
The second week of May marks more state reopening efforts as businesses look to restart typical operations after the pandemic disrupted commerce March and April. Many states are seeing a significant increase in population mobility, which is indicative of state citizens resuming pre-outbreak activity. This increase is a result of many states loosening or completely […]
Read MoreLogistics Market Stays Flat as May Begins
As we move into the fourth month of the US COVID-19 outbreak, businesses may begin returning to pre-pandemic operations as states begin reopening. To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. Currently, we are seeing […]
Read MoreTruckload Volume Contracts from COVID-19 High
Following the recent consumer demand surge prompted by the threat of the pandemic, truckload volumes have fallen off a cliff, as the entire non-essential industrial economy has shut down leaving a massive capacity glut in its wake. Panic buying took hold of US consumers in late February and March, and as a result, retailers began […]
Read MoreHow Supply Chain Efficiency Can Cut Costs for Food Ingredient Shippers
Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. In a uniquely positioned industry that is both time-sensitive and commodity-driven, suppliers must manage transportation, storage, and distribution of products to key production facilities. An effective supply […]
Read MoreNMFC Updates to Take Effect April 25
Food and beverage shippers have a few changes to note in the second round of 2020 NMFC updates. These classification changes are scheduled for the end of the month, as the National Motor Freight Traffic Association (NMFTA) has announced the updates will go into effect April 25. While the next scheduled changes are not as […]
Read More3 Questions CPG Companies Need to Ask Their Logistics Provider Now
The effects of COVID-19 have moved beyond the public health risk presented by the pandemic. Now, the outbreak is hitting businesses, taxing every sector of the United States’ economy in the process. Even those organizations that have seen positive demand surges over the past few weeks are now exposed to new risks within their operations, […]
Read MoreHow the Food Blockchain is Bringing Tech to the Table
As the world becomes more tech-centric every day, digitization efforts are even making their way to the grocery aisle through the blockchain. Though it may sound far off, companies in the food and beverage supply chain are rapidly adopting blockchain platforms as a means of creating visibility, traceability, and efficiency. According to research from Gartner, 20 […]
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