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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. The Truckload Capacity Crunch Will Continue Into 2021.

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. High freight volumes across all industries in the trucking market are expected to continue into 2022.? That’s an astonishing $933.30

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A New Approach to Contract Freight: How Shippers Can Refocus Their Transportation Strategy in 2021

Talking Logistics

In 2020, we saw the transportation industry’s resilience first-hand, as all parties of the supply chain navigated a challenging freight landscape to get goods to market. Freight demand surged to meet the needs of consumers and frontline workers, and shippers were forced to rely heavily on the spot market to secure capacity in a pinch.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices. Sources: U.S.

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Market Insights Report: Top Trends for 2022 Planning and Beyond

Pulling from our own network and the broader industry, Uber Freight is releasing a biannual report that examines dynamic retail and spending imbalances, unprecedented nationwide driver supply shifts, and digital brokerage trends that emerged in H2 2021.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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Synopsis: IQAX Webinar 29th Sept 2021

The Logistics & Supply Chain Management Society

Synopsis: IQAX Webinar 29th Sept 2021. De-Carbonising Road Freight Operations: Bridging the Know-Do Gap. LogiSYM Supply Chain Magazine – October 2021. LogiSYM Supply Chain Magazine – September 2021. For any other supply chain related queries you can write to him at. info@lscms.org. MORE FROM THIS EDITION.