Subscribe to our free, weekly email newsletter!

Looking back at the first half of 2010

By Jeff Berman, Group News Editor
July 01, 2010

With the first half of the year officially in the books, now is a good time to assess how things are going in the supply chain/logistics/freight transportation sectors.

Let me start by overstating the obvious: based on pretty much every metric out there volumes are up across all modes on an annual basis when compared to a dismal 2009. We have also seen solid sequential growth to a large degree. But these growth numbers by no means portend that all is rosy.

In fact, in recent weeks we are seeing some signs that the second half of 2010 may not be as strong as the first half.

Among these signs are an ostensible slowing down of retail sales in May (the most recent month for which data is available), a disappointing Consumer Confidence report earlier this week, and last week’s report from the Commerce Department that durable goods orders are down. And jobs have not come back at the pace the White House had hoped.

Even with these warning signs, there remains an overall feeling of “cautious optimism” (a cliché to be certain, I know and apologize!) in the logistics and freight transportation marketplace. That has been evident in conversations LM has on a daily basis with shippers, carriers, and analysts.

These people told me repeatedly last week that things are getting better and that they expect things to stay that way. That in itself is good news. What’s more, if the positive volume trends we saw during the first half of this year continue, then it stands to reason that we may have a real Peak Season this year. Remember Peak Season? In the past few years, it has been more like “Peep Season,” it seems.

In any event, these are truly interesting and extraordinary times in our industry. And I am somewhat curious about how the last few years are viewed in a historical context when we are looking back at this time. Let’s hope that the first half of 2010 was when things truly started to turn the corner. It beats the alternative, eh?

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The United States Environmental Protection Agency (EPA) has awarded the Port of Oakland $277,885 to upgrade cargo-handling equipment and reduce exhaust emissions on the waterfront.

Entitled the Positive Train Control Enforcement and Implementation Act of 2015, the bill would extend the 2015 PTC implementation deadline to the end of 2018.

Carloads were down 5.4 percent annually to 285,856, and intermodal was up 2.1 percent to 280,844.

Did you know that there is a correlation between logistics solutions and customer loyalty? 70% of customers are willing to spend more money for good customer service which means you must have on-time delivery, proficient inventory management and a strong logistics strategy.

While coffee is one of the first things on the minds of many people early in the morning, it was especially prevalent this week, when Starbucks Chairman and CEO Howard Schultz gave the keynote address at this week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Diego.

Article Topics

Blogs · All topics


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA