article thumbnail

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. That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes. The Truckload Capacity Crunch Will Continue Into 2021.

article thumbnail

2021 Logistics Outlook: LTL Industry Trends

GlobalTranz

For 2021, expect the Less Than Truckload (LTL) freight market to remain volatile due to the impact of COVID-19. Many LTL industry trends, such as capacity constraints , rising rates, and changing consumer buying patterns, will continue through 2021. Let’s look at top LTL industry trends for 2021. Plan for rate increases.

Trends 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. Shipping providers also slashed capacities. The demand-driven forecasting commonly used today is heavily focused on forecast accuracy. Everyone is asking, “why can’t I get my stuff?”.

article thumbnail

The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

article thumbnail

The 2021 Holiday Logistics Guide

Logistics Viewpoints

The National Retail Federation (NRF) has forecast that holiday sales during November and December will grow between 8.5 These workers will be used to store, pack, and ship items from its warehouses. It wouldn’t be the holiday season if people didn’t stress out about holiday shipping deadlines. percent and 10.5 billion and $226.2

article thumbnail

Buying 2021 Holiday Gifts for the 2022 Holiday Season

Enterra Insights

The planning typically begins at the start of the year as shippers work with carriers to share updated forecasts of capacity requirements throughout the year to ensure parcels are delivered on time during the season. Over the past couple of years, forecasting of any kind was probably thrown out the window by most shippers. ”[6].

article thumbnail

Improving Sales forecasting after Covid

DynaSys

We should not consider year 2020, and probably H1 2021, as a relevant set of data for forecasting calculation. My next S&OP run is coming, and I must find a solution to deal with sales forecasting after Covid. Based on the real demand, I can operate my supply planning without using precisely wrong forecasts.