Tight capacity is driving shippers and carriers to take a hard look at the value of freight contracts. Shippers are seeking rate stability, good service and capacity commitments. Carriers are looking at securing the most attractive yields on their assets and consistent volumes on lanes that fit with their core competence. One method of helping […]
The Keys to Successful Shipper – Carrier Freight Contracts
Shippers are changing their Transportation Paradigms to Address Capacity Shortages and Rising Freight Rates
14 years ago
The improving job numbers this past week provide further confirmation that an economic recovery is under way. The drop in commodity and fuel prices is likely a brief reprieve on the way to a further upswing in business growth. With rising demand, shippers are facing abroad array of challenges in 2011. A tightening transportation equipment […]
Understanding the Canadian Freight Market
14 years ago
<p>While much of the world’s attention has been focused on the “wedding of the century” in London this week, history is about to be made in one of the British Commonwealth’s largest and oldest countries, Canada. If the polls are correct, the National Democratic Party or NDP is expected to finish second, ahead of the Liberal Party (for the first time) and possibly rob the Conservatives of a majority government. We will have to wait until Monday night to see how the vote plays out.</p>
Would Reindustrializing America be the Spark Needed to Produce Stronger Freight Volumes?
14 years ago
For many years America has been the envy of the world. Its powerful, diverse economy helped generate consistent freight growth and produce a very vibrant freight industry. But America’s success ignited an escalation in the value of the greenback and a shift of production to lower cost sources of supply. The current issue of Logistics […]
This past week I had the privilege of attending and speaking at the Food and Consumer Products of Canada’s (FCPC) first ever Supply Chain Day. This well-attended event attracted an audience of some of Canada’s largest shippers. The day featured a number of Canada’s leading authorities on logistics and transportation. It also included some fascinating […]
On May 25, Dan Goodwill & Associates and the Business Information Group will co-host its third annual Transportation Company Workshop at the Capital Banquet Centre in Toronto. The theme of this year’s conference is “Revitalizing your Transportation Business in an era of Economic Uncertainty and Social Change”. As we begin the second quarter of 2011, […]
It’s still all in the Numbers
14 years ago
Freight rates are on the rise in 2011. These increases are being driven by a broad range of forces including tightening capacity, driver shortages, increasing fuel costs, government regulations, improved carrier costing systems and cost increases. To mitigate these increases, the onus is on shippers to do everything possible to skilfully manage their freight programs. In […]
The latest “State of the Freight” Report Highlights Shippers’ Expectations of Higher Rates
14 years ago
Wolfe Trahan & Co. is a Wall Street research firm that has a strong focus on freight transportation. Each quarter they survey several hundred American shippers in a variety of industries and create an extensive report that documents their findings. The Q1 2011 report, issued in March, summarized data collected towards the end of the […]
Over the past few years, inbound freight management has taken hold like a new weight loss diet, particularly among Canada’s leading retailers. As I visit our clients on an ongoing basis, this subject is one of the hottest topics of discussion. Many of Canada’s leading retailers including Shoppers Drug Mart, Home Depot, Loblaw Companies and […]
This has been a challenging winter. In addition to the earthquakes and tsunamis in New Zealand and Japan, harsh winter storms throughout North America have been disruptive to the smooth flow of people, goods and services for many companies. Looking back over the past few years, hurricanes, volcanic eruptions and tornadoes have also made life […]