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The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Pandemic demand for goods, and the shifts from a service economy, increased volume in southern California ports where 40% of ocean carriers unload for entry into the United States. The supply chain can handle cost increases more easily than variability. The landlocked ports of Southern California are especially problematic.

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2023 Q2 Freight Market Update

Zipline Logistics

The report reveals that increased efficiencies and visibility are top priorities for companies over the next 1-3 years. Read the full report here. Capacity could suffer a blow if a significant number of truckers decide to leave California. Large impacts on the freight market remain to be seen.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. For instance, the recycling rate in California for cans made from aluminum has fallen to a mere 20% from 91% in 2016 and 73% in 2021.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Pandemic demand for goods, and the shifts from a service economy, drove the increase in southern California ports where 40% of ocean carriers unload for entry into the United States. Freight Rates 2019-2021. The California landlocked ports struggled with unloading the larger ships. Trade continues to be imbalanced.

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Trucking Market Q1 Update and 2022 Freight Outlook

Zipline Logistics

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth.

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June 2024 Freight Market Update

Stord

In the first half of the year, we experienced historically low rates due to excess capacity and flat freight volumes. Top Trends Capacity is Plentiful Covering freight is not difficult and negotiating power is still in the hands of the Shipper. at the beginning of May, it’s a metric to watch closely as we progress through the summer.