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 many industry analysts contend that distribution centers near U.S. East Coast ports will see a surge of new business after the Panama Canal expansion, real estate experts say this phenomena is already underway.

A new Government Accountability Office report on the effects of changes to truck driver hours of service rules has sparked a war of words between the American Trucking Associations and Federal Motor Carrier Safety Administration, the arm of the Transportation Department that is in charge of making those rules.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in May dropped 10.8 percent annually to $92.7 billion, following a 6.8 percent annual decline to $93.3 billion in April.

Carloads headed down 2.5 percent annually to 286,660, and intermodal containers and trailers remained on a growth path, up 2.3 percent to 270,952.

Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.

Comments

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