Carrier Profitability

December Class 8 orders rank fourth highest in history

Preliminary net Class 8 truck orders in December were the fourth highest in history at 50,900 units.

The surge in bookings reflects continued demand for consumer goods, an awakening of the manufacturing sector and robust fleet profits from tight freight capacity. A driver shortage is worsened by closed driving schools. Other drivers are sidelined because they failed drug tests. All of these factor into higher per-mile freight rates.

“As we at ACT [Research] can often be heard saying, ‘When...

https://www.freightwaves.com/news/december-class-8-orders-rank-fourth-highest-in-history

Hub-Spoke Model Carrier Investment Not Working for Profitability

The pandemic has rattled global supply chains due to demand shocks caused by the lockdown. Its impact accelerated the impetus for companies who were in the midst of change to relocate their manufacturing sites and to switch modes from a just-in-time model (lean inventory) to a just-in-case model (higher inventory). For companies who were not already embarking on a transition, the crisis has caught many flat-footed because the rate of change in the external environment is moving faster than the...

https://mfame.guru/hub-spoke-model-carrier-investment-not-working-for-profitability/