Low-cost, faster freight lets auto shippers hold down inventory

Supply chain disruptions during the pandemic affected many sectors of the U.S. goods economy, from the sudden demand shocks that consumer packaged goods companies faced in the spring of 2020 to rolling shortages of building materials, furniture and electronics later on. But the automotive industry was hit perhaps the hardest, and it’s not difficult to…

How shippers can capitalize on today’s soft logistics market

In the early days of 2023, shippers are navigating a more favorable national freight market. As last year wrapped with a gradual loosening of capacity and lower spot rates, the industry is settling into a deflationary period. Due to retail sales, manufacturing output, and imports decreasing in Q4, freight demand continued to contract across the…