All Features Entries
Saturday, August 01, 2015
Which carriers, third-party logistics providers, and U.S. 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.
As we roll deeper into 2015, the longer-haul less-than-truckload (LTL) sector remains solidly profitable overall. Carriers in this category are seeing capacity closely aligned with demand, and with significant barriers to entry in the sector, little additional capacity is expected in the near future.
While still facing many of the regulatory and driver recruitment challenges facing their longer-haul less-than-truckload (LTL) brethren, our reporting over the past year indicates that the Regional LTL sector has found its footing in terms of capacity alignment and revenue growth.
As Jeff Berman recently reported in our 2015 Rail/Intermodal Roundtable, the many service performance issues that faced the nation’s rail networks over this past winter and into early spring are clearly on the mend—and that’s great news for shippers heading into the peak season.
According to the reporting of our veteran trucking correspondent John Schulz, the truckload sector now accounts for about 37 percent of total freight transportation spending in the U.S.—and is by far the largest single piece of the trucking market.
On the heels of the labor disruptions on the U.S. West Coast in late 2014 and early 2015, as well as less dramatic port congestion issues in Europe and Asia, delays to containerized cargo movement have been the subject of many of our news stories and features over the last year—and understandably so.
As Executive Editor Patrick Burnson has been reporting over the last few years, the ocean shipping industry has been navigating tumultuous waters as shippers have worked diligently to control costs at the same time that trade has witnessed a spotty recovery in the face of global financial troubles.
According to the latest figures compiled by the third-party logistics consultancy Armstrong & Associates, major domestic 3PL players posted double-digit growth in 2014, with more of the same in this year’s forecast.
The International Air Transport Association (IATA) recently announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit.
Ports, terminals, and ocean carriers currently comprise a family in severe dysfunction—and denial. But can the intervention of shippers restore some badly needed order? Our experts who work close to the action provide some answers.