Posts tagged with ‘driver shortage’

  • Miscellaneous
    Transportation TIP List: Week of December 11th, 2016

    Combating Refrigerated Capacity Restraints: Relationships Can Help!

    - by Transplace

    Capacity is a word that is constantly on our minds. Is there enough capacity available to handle my freight? Will capacity continue to tighten? What strategies can my organization implement to prepare for and actively cope with a capacity shortage?

    From 2004 to 2008, shippers experienced a significant capacity crunch, and in 2009 to 2012, the economic downturn drove many trucking companies out of business while a shortage of over-the-road (OTR) truck drivers remained. The market has since partially bounced back, and 2014 was a profitable year for trucking.  However, more recently, it was expected that overall trucking rates would go down as oil and fuel prices decreased – but that hasn’t been the case, particularly in the refrigerated trucking sector.

  • Shipper Symposium
    Transportation TIP List: Week of December 11th, 2016

    Shipper Symposium 2015 – Day 3 Recap

    - by Transplace

    The final day of the 13th annual Shipper Symposium certainly didn’t disappoint! Attendees got off to a bright and early start (with the help of some strong coffee!) as Frank McGuigan took the stage first to welcome everyone. He took a few minutes to recognize the Transplace Customer Advisory Board (CAB) members, thanking them for all of their years of great service and support, and presented an award to AutoZone recognizing and thanking this customer for 20 years of service. Frank then introduced CEO Tom Sanderson, who also brought Thomas Albrecht, CFA and Managing Director of BB&T Capital Markets, to the stage. Dubbing themselves “Tom and Thom in the Morning,” the duo discussed all things capacity related, including winning and losing transportation modes. A few key takeaways from their conversation included:

  • Miscellaneous
    Transportation TIP List: Week of December 11th, 2016

    Q1 Logistics Review

    - by Transplace

    The first quarter of 2015 has quickly come and gone. Given it was filled with some interesting ups and downs, I want to reflect back on what’s happened. Below you’ll find key highlights from the first three months of the year, which is based on certain economic data driving freight demand as well as legislative and regulatory issues affecting freight transportation. I’ll also share what I’ll be watching for in Q2. Now, on to this quarter’s recap.

  • Transportation Management
    Transportation TIP List: Week of December 11th, 2016

    Transportation Optimization Opportunities in the Oil and Gas Industry

    - by Transplace

    Oil and gas is a truly unique industry. From its world-class production technology to its incredibly diverse needs, those who work in oil and gas have seen many changes over the years.  Most have probably faced some very unique supply chain challenges, such as having to make a delivery to latitude-longitude coordinates (sometimes deliveries can be miles into a vast ranch in a very remote area).  And because the industry also operates 24/7/365, operators must sometimes secure equipment on a hot-shot basis due to the cost of operations, as it can be a tremendous loss if an oil well goes down.  Unlike other industries, those working in oil and gas have to deal with constant, round-the-clock pressure.

  • Capacity Services
    Transportation TIP List: Week of December 11th, 2016

    Canada-Mexico Transportation Heats Up – What You Need to Know

    - by Transplace

    Canada-Mexico trade continues to heat up thanks in part to the growing number of company’s near-shoring operations to North America, particularly to Mexico, from Asia. The rising cost to produce in Asia, as well as the cost of ocean and air transportation continuously increasing, port congestion and demand on speed to market are all contributing factors. Not only is Mexico becoming a preferred country for manufacturing specific commodities like flat screen TV’s and medical devices, we’re seeing it responsible for a lot of assembly. Even though goods are being made in Asia, those same goods are then assembled in Mexico to then be shipped into the U.S. and Canada.

  • Capacity Services

    Important Topics Facing Mexico Today: Part 2 – Transportation and Logistics

    - by Transplace

    Part two of this series discusses how some important Mexican economic topics are impacting the transportation and logistics industry, and how they’re directly affecting companies doing business there today. Here’s what’s going in the current market, how it’s going to affect both shippers and carriers alike and what to expect in the coming years:

Load More