Long-time LTL carrier, Yellow, announced bankruptcy and the halt of all operations on July 30th, 2023. Saddled with debt after mismanaging large loans paid out by the federal government during the pandemic and struggling to come to agreements with employee unions, Yellow Corporation was forced to shut down. Yellow’s fleet contains roughly 14,000 […]
Read MoreTopic: Industry Trends
Choose Service this Bid Season
Bid season is just around the corner, and that means that CPG shippers who have frequent, high-volume lanes are gearing up for their requests for pricing (RFP). The market has nearly bottomed out since the last bid season, so it is time for you to contract new rates if it hasn’t been done already. […]
Read MoreCVSA Brake Safety Week Scheduled for August 20th – 26th
The Commercial Vehicle Safety Alliance (CVSA) will he holding 2023’s Brake Safety Week from August 20th through the 26th. The focus will be on brake lining and pad violations. During this week, commercial motor vehicle inspectors will inspect and remove commercial motor vehicles found to have out-of-service brake violations from the roads until […]
Read MoreKeep Your Product In-Stock for Back-to-School Shopping
Believe it or not, many consumers have already started back-to-school (BTS) shopping in stores. According to the National Retail Federation, total consumer spend is expected to reach a new record of $135.5 billion when college students are included – about $25 billion higher than last year. Some of the highest spending categories include electronics […]
Read More2023 Q3 Freight Market Update
The second quarter of the freight market saw rates and tender rejections slow their decline and hover at what many experts believe is the market bottom. Keep in mind, these numbers were recently bolstered by holiday freight and end of quarter inventory crunches that many brands face. The soft market is likely to extend […]
Read More2023 Operation Safe Driver Week: July 9 – 15
The Commercial Vehicle Safety Alliance (CVSA) has scheduled it’s 2023 Operation Safe Driver Week to take place July 9-15. Shippers should prepare for tight capacity at this time. Law enforcement in Canada, Mexico and the U.S. will be on roadways issuing warnings and citations to commercial motor vehicles engaging in unsafe driving behaviors such as […]
Read MoreZipline Logistics Named a 2023 Top 3PL & Cold Storage Provider
COLUMBUS, OHIO—May 31, 2023—Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, named Zipline Logistics as one of the winners of this year’s Top 3PL & Cold Storage Providers Award. This award recognizes leading third-party logistics and cold storage providers in the cold food […]
Read MoreProtect Your Shipments From Cargo Theft
Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. According to CNBC, this is a “sign of the economic times” and adding further pressure to already inflated prices. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include […]
Read More2023 Q2 Freight Market Update
As we began the first quarter of the new year, the market was softening and offering shippers relief. Heading into Q2, we are seeing more of the same. Economic Factors Inflation The U.S. inflation rate is sitting at 6% as of February 2023. It has been steadily declining since the peak of 9.1% we […]
Read MoreAutomotive Products: Choosing the Right 3PL for Retail Deliveries
Did you know…? The automotive products industry is estimated to reach a global value of $374 Billion in 2023. The automotive products industry includes items like car batteries, cleaners and polishes, motor oils and coolants, car accessories, and replacement car parts. There are more than 24,111 automotive retail stores in the U.S.. Top automotive product retailers by revenue include […]
Read More2023 Q1 Freight Market Update
What a whirlwind the 2022 Freight Market was – we saw inflation, fuel prices, and freight rates hit record highs. As we begin the first quarter of the new year, the market is softening and offering shippers relief. Economic Factors Inflation According to Forbes, many inflated costs finally began declining in November 2022 like […]
Read More6 Ways to Prepare Your Supply Chain for Peak Holiday Disruption
It’s the most wonderful time of the year! . . . But maybe not always for shippers. During the holiday season, we usually see tighter capacity and slightly higher rates as shipping volumes increase. This can lead to service failures, lost sales, and retailer chargebacks. Service Failures Abound During Holiday Shipping Heading into this […]
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