"When I look at the trends, what is pretty clear here is compared to last year, where retailers were destocking so they were artificially not bringing in inventory, we now see strong restocking trends," said Woodrow. Specifically, he cited an increase of 13%-14% with the discount retailers...
Here, we share the key freight brokerage industry trends driving growth in the space and the key company differentiators to look for in leading companies.
Rise in fuel costs due to Russia-Ukraine war and global truck driver shortages impacting the trucking industry operational costs High-income nations dominate the 2023 LPI rankings, with Singapore leading with a score of 4.3 The global freight industry is growing rapidly owing to various investments ...
4.8 Import Trends 4.9 Fuel Price 4.10 Trucking Operational Costs 4.11 Trucking Fleet Size By Type 4.12 Logistics Performance 4.13 Major Truck Suppliers 4.14 Modal Share 4.15 Maritime Fleet Load Carrying Capacity 4.16 Liner Shipping Connectivity
Freight shipping costs can eat into your margins faster than you think. Many businesses unknowingly pay 20-30% more than they should on Freight Shipping Rates due to misclassifications, poor planning, and lack of negotiation. But here’s the good news: you can fix it. What Drives Up Your ...
Although this absence of data might limit the precision of our results, we maintain that the general trends observed in this study still provide valuable insights, given the significant impact of driver behavior on fuel consumption and emissions. Table 4 Summary of independent variables (one ...
The cargo volumes significantly decreased during the pandemic owing to the restriction on the movement of heavy-duty and medium-duty vehicles, resulting in a huge loss for the trucking industry as well as increased unemployment. Moreover, various airlines had to use passenger planes to transport ca...
How will trucking fare against tariffs? Economists weigh in The true impact of tariffs, and which ones will ultimately materialize, is still unclear, experts said. By David Taube • Dec. 13, 2024 More stories Access now➔ Trendline Building resilient and sustainable supply chains in 2022...
The latest industry survey by the consultancy group Transport Capital Partners sees a shortage of capacity and lack of qualified drivers changing the dynamics of freight, with trends in capacity and rates also contributing to a decline in broker freight. According to the group, the trucking trade ...
There is an increase of trucking carriers looking into alternative fuels (HVO, electric and hydrogen) to decrease CO2 footprint. Americas Import/Export Market Trends Congestion continues at Canadian ports and rail ramps. Yard utilization at Vancouver remains high; this congestion is partially due to...