2020 Freight Shipping Outlook Series
All Hollow’s Eve will be here before we know it! But it’s not just going to be ghouls, goblins and vampires having the time of their undead lives. Shoppers are gearing up for the spookiest night of the year and retailers are ready to bank on the opportunity.
Holiday Shipping by the Numbers According to Adobe Analytics, the 2018 holiday e-commerce season topped $126 billion in online sales. The majority of this revenue came from the Cyber 5 (Thanksgiving to Cyber Monday), further reminding us that online shopping is quickly becoming a preferred way to shop. And if this year’s holiday e-commerce season is anywhere near as good as the previous year, shippers everywhere will be busy meeting the needs of their[...]
The holidays are right around the corner! It’s a magical time of year that’s for sure, but consumer expectations have changed and are continuing to change. They are demanding faster deliveries and lower rates. Shippers everywhere are getting ready for their hectic shipping season and with a dramatic increase in online shopping, there are steps that can be taken to reduce your carbon footprint. What are the true costs to the environment in meeting cust[...]
Oktoberfest is in full swing and Germany is having a ball. Oktoberfest’s origins began with the commemoration of the marriage of King Ludwig I of Bavaria and Princess Therese of Saxe-Hildburghausen in 1810. The event nowadays is every beer lover’s favorite excuse to down copious amounts of ale, brew, nectar of the gods - or whatever else one might choose to call it.
In 2017, New England Motor Freight (NEMF) generated $402 million in revenue. On February 12, 2019, NEMF, the country’s 19th largest LTL carrier, shut down operations and announced that it was filing for bankruptcy protection. 1,472 truck drivers were out of work in the largest U.S. trucking company shutdown since Consolidated Freightways in 2002.
Unemployment levels are flirting with all-time lows. Wages are going up, business confidence is high, it seems like everything in the job market is flowing well!
How Can You Avoid Billing Adjustments? We Asked an Expert With YRC According to shipping periodical Transport Topics, YRC is the second largest LTL freight shipping carrier in the United States. Recently, James Faas, Director W+I for YRC paid a visit to FreightCenter, and we took the opportunity to ask him how our customers could avoid costly billing adjustments.
Freight shipping is a reactive industry, much like the tail of the dog. Freight carriers can’t create demand, they just react to it. When the economy is as strong as it was in 2018, demand is high, capacity is low and rates rise. In addition to a strong economy, 2018 was notable for the introduction of Electronic Logging Devices (ELDs), which reduced capacity, and a shortage of new heavy-duty freight trucks.
Echoes of the Past Reverberate With Historic Stagecoach Shipment When FreightCenter National Account Manager and history buff Sam Jones received a call from a customer who wanted to ship a stagecoach, he was right in his comfort zone. When he received photos of the stagecoach, he had to check out its history.