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 […]
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Report 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 […]
Read MoreFreight Market Update and Q2 Trucking Outlook
Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. Volumes dipped slightly after the holiday season but came roaring back in February and remained elevated for the remainder of Q1—historically, a slow month for trucking. The […]
Read MoreWhy CPG Shippers Should Avoid Bundling Logistics Services
Outsourcing logistics services has become a common practice among CPG brands. Shippers of all sizes can find advantages in their supply chains by working with expert firms with a thorough understanding of market conditions and best practices. But as the industry continues to evolve, specialization is emerging as a differentiator that brands should use to […]
Read MoreRetail Trends Shaping How CPG Shippers Can Find Supply Chain Success
Now that we are a year into the COVID-19 pandemic, we can more effectively analyze the outbreak’s effect on the consumer goods sector. From purchasing channel changes to retailer ordering patterns, many of the present trends before last March have accelerated, condensing happenings that would have needed years to take hold into 12 months. The […]
Read MoreCosmetic Logistics: Choosing the Right Partnership for Your Retail Deliveries
Successfully managing delivery to critical retail customers is essential to mastering cosmetic logistics. Excelling at transportation to retailers is a component that all cosmetic manufacturers can master to reduce costs and increase operational efficiency. It just takes the right strategy to find supply chain synergies that can help brands master their cosmetic logistics functions. By […]
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