Transportation expenditures are not the same as other business costs. They're influenced by various factors and not always in the same manner that other commodities your organization buys. The one-of-a-kind nature of truckload transportation contracts is one of the reasons. While these contracts are legally obligatory in terms of pricing,...
Has the tide of e-commerce shifted?
As retail tonnage continues to converge to last year's levels, there is a growing agreement that the retail party is coming to an end. Associate Professor Jason Miller of Michigan State University (MSU) says: “My view is that many people believed that after the COVID-19 ‘jump,' e-commerce sales would continue...
The California port congestion set a new record, yet imports have yet to reach their peak
All the newest data, from anchoring statistics to forward arrivals, ocean bookings, and inventory-to-sales ratios, depicts the same picture: Congestion in the United States has never been worse - and it's only getting worse. This year's hope for relief has evaporated. CMA CGM, a French airline, is the latest in...