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Letter from the CEO: Coronavirus Market Update

Transplace

The major lanes between Houston/LA (I-10 Corridor), Chicago/Ohio, NJ/Eastern PA, and Atlanta remains the same with ample capacity however lead times have shortened. Cargo flows and ship calls are rebounding in China. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels. Port of Virginia estimates cargo lost in February thru April at 44,000 ctrs ~11% decline. Port of Houston is experiencing equipment shortages.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. They can also be used to track the provenance of adulterated products to identify the source. Mobile apps can generate reports and monitor performance metrics.