Q4 MARKET UPDATE Stay informed about freight market conditions and other factors that can impact your supply chain. In this Market Update, we cover the following: Truckload, Less-Than-Truckload, Intermodal, and International (Ocean & Air). THIS ARTICLE COVERS Surprising trends on rejection levels Continued forecasting for capacity issues Parcel trends from 2021 MARKET UPDATE OVERVIEW Capacity […]
The ports of Los Angeles and Long Beach have excess on-dock rail capacity, so they are urging importers to ship more containers via intermodal rail to increase cargo velocity in Southern California.
Today’s trucking market is characterized by high rates and constrained capacity; securing a truck at all can be difficult, and getting a decent rate can feel nearly impossible. Brokers and shippers should expect these challenges to continue well into 2022. To remain competitive in the new year, brokers and 3PLs need to focus on giving […]
FedEx Freight handled higher freight volumes and helped with the delivery of FedEx Ground packages this fall, relying on price hikes and “judicious” network management.
A slight year-over-year decline in imports from Asia in November from near-record volumes a year ago appears to be the result of thousands of containers idled on vessels sitting outside congested US ports.
How Flexport and Convoy leverage APIs and automation to create a more efficient supply chain
The growth in air freight on the trans-Pacific to move auto parts, footwear, and apparel has been significant this year as US shippers try to circumvent the ocean congestion that is delaying imports from Asia.
Freight costs reach a record, according to November data from Cass Information Systems.
The current surge in imports from Asia is expected to continue for at least the next six months as retailers will use the second quarter for inventory replenishment prior to another early peak shipping season in 2022.
Rates have remained high throughout 2021, and shippers have been anticipating the market to rebalance. They may be waiting a bit longer, as seasonal slowdowns after the holiday season may not be as dramatic as most shippers are accustomed to — and hoping for — during the first quarter of 2022.
©2023 MODE Transportation, A MODE Global Company / Terms of Service / Privacy Statement / Mexico Privacy / Supplier Code Of Conduct / Cookie Policy / Website Terms & Conditions / Human Rights Policy
You must be logged in to post a comment.