Warning signs and Peak thoughts

The first half of 2010 brought us several positive economic indicators that were more than welcome. These indicators were to be expected to a certain degree, due to a beyond challenging 2009. But now, in a two-week span or so, the warning signs of a bad economy, or……a double-dip recession appear to be rearing their ugly heads.

By ·

The first half of 2010 brought us several positive economic indicators that were more than welcome.

These indicators were to be expected to a certain degree, due to a beyond challenging 2009. But now, in a two-week span or so, the warning signs of a bad economy, or……a double-dip recession appear to be rearing their ugly heads.

To name a few, in the past 10 days we have seen declines in retail sales, consumer confidence, wholesale inventory sales, as well as a few others. The freight side has seen some sequential declines in trucking and railroad volumes while intermodal continues to appear as a current ‘sweet spot’ for many shippers (this is occurring on an anecdotal basis and a real basis, too).

In any event, we all know the economy is not exactly on terra firma, but we were, I mean are, still optimistic about the future, right? I like to think we are, but it sure would be nice to see the positive momentum again when perusing analyst reports and the business sections of daily newspapers.

So, here we are in mid-July and what happens next is truly anyone’s guess. And with Peak Season creeping up, now would be a great time for increased demand and freight volumes to get moving again.

But for that to happen, we need to see those warning signs turn to ones of optimism as we get deeper into the second half of 2010.

As I said in a recent posting, Peak Season has not truly happened in a few years, but all reports indicate that there will be one in 2010. If it does happen, it means things are going in the right direction, so here’s to wishing for a busy Peak Season.

One more thing: I am beginning work on a Peak Season story for LM print and online. If you have anything to share or comment on, please post to this blog and/or drop me a line at .(JavaScript must be enabled to view this email address).

 


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!

Article Topics

· All Topics
Latest Whitepaper
Improving Packaging: The Cost of Shipping Air is Going Up
Retailers and manufacturers that insist on using inefficient and sloppy packaging methods—oversized boxes, inefficient packaging, poorly constructed palletized contents—are paying for their mistakes in sharply higher freight rates. Pitt Ohio White Paper, Logistics White Paper, Dimensional Packaging
Download Today!
From the July 2016 Issue
While it’s currently a shippers market, the authors of this year’s report contend that we’ve entered a “period of transition” that will usher in a realignment of capacity, lower inventories, economic growth and “moderately higher” rates. It’s time to tighten the ties that bind.
2016 State of Logistics: Third-party logistics
2016 State of Logistics: Ocean freight
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
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...
Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....

Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...
Port of Oakland launches smart phone apps for harbor truckers
Innovation uses Bluetooth, GPS to measure how long drivers wait for cargo