Posts tagged with ‘rates’

  • Business - Transportation

    Logistics Alert: What the New IMO 2020 Emissions Standards Mean for the Shipping Industry

    - by Transplace

    Earlier this year, we shared some important information about the International Maritime Organization (IMO) announcing a new standard regarding the acceptable levels of sulfur oxides (SOx) emissions in bunker fuel – all in an effort to reduce air pollution from container ships. With less than six months to the full implementation of the emissions standard, there is still uncertainty throughout the global shipping industry about its overall impact. In this post, I’ll examine what shippers need to know about the new fuel guidelines and discuss how it could affect their business.

  • Industry News

    Quarterly Industry Report: Q2 of 2019

    - by Transplace

    We’re halfway through 2019, and throughout the past six months, the transportation industry has experienced a number of events that have affected shippers and carriers alike—including the annual Roadcheck inspection and ongoing capacity fluctuations. But no matter what the current landscape looks like, it’s critical that businesses understand the widespread influence that industry events can have while also staying up-to-date on the latest when it comes to the economy, shipping capacity and industry best practices.

  • Industry News

    Quarterly Industry Report: Q1 of 2019

    - by Transplace

    Three months into 2019, the industry has already experienced a number of developments impacting shippers and carriers alike. For example, we’ve recently seen events such as the bomb cyclone, flooding in the Midwest and the ongoing gridlock at the U.S.-Mexico Border impact supply chains across North America and directly affect the freight market. It’s critical for organizations to understand the widespread influence that these types of individual events can have while also keeping up-to-date on the latest when it comes to capacity, freight and the economy.

  • International Logistics

    Logistics Alert: Changes to International Fuel Surcharges Coming in 2020

    - by Transplace

    Fuel surcharges have been a topic of conversation and negotiation for carriers and shippers alike for many years. Fuel is a huge percentage of a carrier’s overall cost for operating their business, and carriers have historically utilized various fuel surcharges, from “emergency” to “interim,” in order to pass along volatility of these costs to their shipper customers.

  • Business - Transportation

    Quarterly Industry Report: Q4 of 2018

    - by Transplace

    2019 is in full swing, and there are plenty of key transportation trends and industry conditions to explore in the new year. As we move away from the packed holiday season for organizations in the retail space and anticipate the upcoming Chinese New Year for international shippers, Transplace’s Quarterly Industry Insight Report is here to provide a recap of the industry in Q4 of 2018 – and to look ahead to the many things changing throughout the transportation landscape moving forward.

  • Business - Transportation
    The Foxhole Mentality: Finding the Right Rates in a Tight Capacity Climate

    The Foxhole Mentality: Finding the Right Rates in a Tight Capacity Climate

    - by Transplace

    It’s no secret that the industry has recently been dealing with a capacity shortage – and January 2018 was particularly difficult due to winter weather events and an intensely constrained market. When capacity is tight, it impacts service and creates additional costs for shippers all across North America. As a result, Transplace focused on analyzing results and processes to steer our teams to an enhanced process.

  • Business - Transportation
    Industry Insight Report: Q3 2018

    Q3 2018 Quarterly Industry Report

    - by Transplace

    With only a few months left in 2018, there are a number of key market trends and industry conditions left to explore – especially with the jam-packed holiday season coming up for organizations in the retail space and beyond. In addition to the anticipation of the peak holiday shipping season, recent events such as Hurricane Florence and ongoing tariff fluctuations make now, more than ever, a critical time for shippers to find new ways to lower transportation costs and examine alternative capacity solutions in today’s tight market.

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

    Q2 2018 Quarterly Industry Report

    - by Transplace

    It’s hard to believe, but we are more than halfway through 2018 – and as we head into the second half of the year, there are myriad market conditions and industry statistics to explore. Keeping abreast of the current state of the marketplace can truly enable your organization to successfully navigate any obstacles and stay ahead of the supply chain game during the latter half of the year. Additionally, this becomes all the more critical when capacity is tight and shippers may be struggling to keep their transportation costs in check.

  • International Logistics
    Logistics Alert: International Shipping in the Current Time of Tariffs

    Logistics Alert: International Shipping in the Current Time of Tariffs

    - by Transplace

    As headlines surrounding new tariffs may have shippers concerned about their potential impact, it’s important to keep ahead of the headlines. The industry is already well into the traditional peak season import period (which is July through November annually), and importers are ramping up for the upcoming holidays. However, the uncertainty of current tariffs and the potential impact of any future regulations appears to be adding to the overall container volume loadings out of China, causing a few key concerns.

  • Industry News
    Transportation Industry Update: Q1 2018 Quarterly Industry Report

    Transportation Industry Update: Q1 2018 Quarterly Industry Report

    - by Transplace

    Three months into 2018, the transportation industry has already observed a number of rapid developments and heightened challenges faced by shippers and carriers alike. From a marketplace standpoint, it’s no secret that there is currently an abundance of demand and not an abundance of supply. Truckload and LTL contract rates are trending upward, and though the upward trend of spot market rates has leveled, they remain up as much as 30% year-over-year on a per mile basis, having a deleterious impact on shippers’ budgets. As we head into produce season in Q2, we expect the supply/demand imbalance to remain.

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