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Q3 2021 Trucking Trends and Freight Market Update

Zipline Logistics

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

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Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

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Transportation in the Americas: A Cross-Country Comparison

MIT Supply Chain

Truck transportation comprises 75% of all freight in Latin America. Mendonça, Villena, and Ruiz interviewed professionals from three distinct areas of the freight world: trade associations, multinational companies, and carriers?—?including including owner-operators.

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Trucking Market Q1 Update and 2021 Freight Outlook

Zipline Logistics

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year. ” Expectations for the Trucking Market in 2021 .

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2023 Truckload Freight Market Report

BR Williams Supply Chain Management

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

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We Are In Trouble. Raise the Red Flag. Be Proactive.

Supply Chain Shaman

I loved the summary in the Economist article published on July 3, 2021, The Long Goodbye to COVID 19. Economist July 3, 2021. Global Chinese imports soared 61% in the first two months of 2021, and will become worse for the holiday period. Labor shortages abound for road freight. The Baltic Index: Comparison In Price.

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Using Freight Audit Data to Stay Strategic on Spot Bids

Intelligent Audit

Freight audit and payment protocols have long been an essential service for shippers in competitive markets. Predictive planning and analysis are crucial to avoiding overpayment and freight rates and fees surprises. The February average was 4 cents shy of the record set in June 2021.

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