The U.S Federal Reserve cut interest rates in September by a half point for the first time in four years and is expected to lower interest rates at their meetings on Nov. 6-7. This interest rate cut comes as inflation is down to 2.4% in the United States. These levels of inflation and interest rates […]
How will the U.S. election impact Shippers and Carriers?
Freight Transportation – the Road Ahead in 2024
10 months ago
The year 2023 was a challenging one for those involved in the freight transportation industry. Here are some of the major forces shaping 2024. Supply and Demand are Moving Toward Equilibrium Many industry experts used the term Freight Recession to describe the state of the industry in 2023. There is no doubt that there was […]
For many years, Transportation executives have had to consider a range of variables in crafting their supply chain strategies. These variables have included the economy, carrier capacity, customer demand, interest rates, inflation, climate change, technology, energy costs, Ecommerce strategy, and availability of raw materials. While geopolitical issues such as trade policies with NAFTA countries, the […]
As 2022 comes to a close, there is much concern that world economies may experience a recession in 2023. There are a host of worrisome economic indicators that appear to be trending in this direction. Inflationary Forces The large government Covid relief payments created inflationary effects. The shift from on-site to stay-at-home workers triggered […]
The 2022 Puzzle – More Questions than Answers
3 years ago
As 2021 draws to a close, many pundits are providing their forecasts for 2022. As I reflect on the past two years, and look ahead to 2022, it is difficult to predict, with certainty, how the New Year is likely to unfold. In fact, unlike prior years, there are more questions than answers. Here are […]
Shipper Strategies to Navigate through Q4
3 years ago
These are challenging times for shippers. Driver, labor and truck shortages, port congestion, escalating freight and fuel costs, coupled with the lingering effects of Covid are making life difficult for shippers across the world. Here are a few coping strategies 1. Work in Partnership with Procurement to Create Alternate Sourcing Strategies for both Raw Materials […]
Two weeks ago I posted a blog (https://www.dantranscon.com/index.php/blog/entry/leadership-lessons-from-the-habs-amazing-victory-over-the-maple-leafs) on the Habs amazing come from behind victory over the Toronto Maple Leafs. Montreal finished the regular season in 18th place. The team won only 24 of 56 games, the lowest seeded team to make it to the Stanley Cup Playoffs. This underachieving organization has now defeated […]
Crafting a Pandemic Recovery Plan
4 years ago
There is considerable euphoria in the trucking industry these days. The July 2020 issue of Broughton Capital Truck Freight Barometers® is entitled “Fasten Your Seatbelts! The Economy & Truck Marketplace are Poised to Surprise to the Upside.” The issue contains the following thoughts. “In all three modes, the Broughton Capital Truck Freight Barometers® are reflecting […]
The Covid-19 pandemic is much more than a major health crisis that has produced massive business closures and job losses. It represents a “change agent” that will likely produce a range of impacts in Health Care, Education, Technology and in the world of Business. Some of these changes may be temporary but many of them […]
These are amazing times, but this is not the first crisis that many of us have experienced. Having worked in the freight transportation industry for over 35 years, I have seen ice storms, snowstorms, SARS, mainframe crashes, tornados that have ripped the roof off buildings, the raiding of employees and customers and other challenging […]