Subscribe to our free, weekly email newsletter!



Ready for a freight pickup

By Jeff Berman, Group News Editor
March 01, 2011

While shippers and carriers often haggle over rates and contract terms, they typically agree on the fact that post-holiday season freight volumes tend to be lower in the first quarter than the rest of the calendar year.

So with the calendar turning to March 1 today, we are now two-thirds of the way though the first quarter and are seeing some favorable trends so far, which will hopefully serve as a springboard to success for the rest of the year and beyond, when it comes to assessing the marketplace.

Many of these encouraging signs have been mentioned in this space and other sections of http://www.logisticsmgmt.com in the past. These things include: strong truck tonnage growth, manufacturing momentum, and sustained retail sales growth, among others.

While there are good signs of this year shaping up to be the best one in terms of freight volume growth since before the Great Recession. I would like to think the days of using that word are in the rear-view mirror, but with diesel and oil prices making us cringe on a weekly (or daily) basis, we may be in a holding pattern on that front.

Another reason I am glad that we are on the homestretch of the first quarter is that it means February is officially history. For us in the Northeast, it was one for the ages with storm after storm seemingly every day….and everywhere else pretty much. 

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

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA