Ready for a freight pickup

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.

By ·

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, 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. Contact Jeff Berman

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!

Latest Whitepaper
Identify Cost Savings with Real-Time Visibility
To offset the impact of late shipments, unreported delays and detention, shippers are increasingly requiring 100 percent visibility into the location and status of their freight.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...