FOSC chat: Shortage of pallets driven by increase in inventory

Rachel Premack and George Brehovsky sit on the FreightWaves stage during The Future of Supply Chain event.

This fireside chat recap is from Day 1 of FreightWaves’ The Future of Supply Chain live event in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Forecasting demand and moving product during the pandemic.

DETAILS: Rachel Premack, editorial director at FreightWaves, and George Brehovsky chat about the shortage of pallets, how to manage inventory efficiently and how long CHEP’s pallets can be reused.

SPEAKER: Brehovsky is the director of supply...

https://www.freightwaves.com/news/fosc-chat-shortage-of-pallets-driven-by-increase-in-inventory

Check Call: Cloudy with a chance of profits

Hot Takes

Image: Jim Allen/FreightWaves

At the beginning of 2020, no one could have predicted the transportation market would be where it is today. With a pandemic that shut down the world for weeks, spot market rates reached the highest they have been in years and capacity has gotten tighter than a lid on a pickle a jar.

In this industry, more so than others, you have to be ready to change your course of action at any moment. Most days aren’t the same in the freight world. You come into various...

https://www.freightwaves.com/news/check-call-cloudy-with-a-chance-of-profits

White Paper: Predictions for Trucking in 2022

Following one of the most tumultuous years in recent history, 2021 has been interesting to say the least. Through the ups and downs of what’s been a rebound year, the trucking industry already has its sights set on 2022.

What’s in store for trucking next year? No one can say for sure, but who better to ask than the experts themselves? FreightWaves partnered with Echo Global Logistics to gauge the industry’s views and expectations for what’s shaping up to be a highly anticipated period for...

https://www.freightwaves.com/news/white-paper-predictions-for-trucking-in-2022

Forecasting sales and spending — Put That Coffee Down

PTCD asset

How does marketing mesh with sales forecasting?

Put That Coffee Down is sponsored by SalesForce

Freight forecasting is more of a learned art than a definitive science, and determining how sales will go is difficult. 

Blythe Brumleve says she found this out this year with her launch of Freight School Playbook, her tips for infallible marketing; she was not sure if her expectations were realistic. 

Kevin Hill and Brumleve talk about how supporting forecasts with efforts in marketing is super...

https://www.freightwaves.com/news/forecasting-sales-and-spending-put-that-coffee-down

Sizing up the future of contract freight in uncertain times

from left: Kyle Lintner, principal and managing director at K-Ratio; MoLo Solutions CEO Andrew Silver; Josh Phelan, vice president of finance at J.B. Hunt Transport; and Michael Carlisle, logistics operations director at United States Cold Storage discuss contract freight at the FreightWaves North American Supply Chain Summit.

It’s freight-bidding season again as carriers, brokers and third-party logistics providers vie for shipper contracts for 2021. But good luck trying to forecast for the coming year with so many unknowns in the economy and the pandemic.

“It’s an understatement to say the unknown has never been greater than it is right now,”  Kyle Lintner, principal and managing director at K-Ratio, said during the FreightWaves North American Supply Chain Summit on Tuesday.

Lintner led a lively discussion about the...

https://s29755.pcdn.co/news/sizing-up-the-future-of-contract-freight-in-uncertain-times

Freight forecasting during a pandemic — #WithSONAR (with video)

david spencer for with sonar

How COVID-19 has challenged and changed the realm of freight forecasting

Luke Falasca and Kyle Taylor are back this week with a look at the state of the market using FreightWaves SONAR data.

They hit the idea of market volatility following the Thanksgiving holiday and Black Friday/Cyber Monday shopping days. 

Falasca says trends in outbound tenders and tender rejections followed exactly as he expected after the holiday, fitting into the typical seasonal cycle. 

Taylor says even though rejection...

https://www.freightwaves.com/news/freight-forecasting-during-a-pandemic-withsonar-with-video

Commentary: Think 2020 is weird so far? Buckle up for Q4

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Historically in the U.S., the fourth quarter of the year brings steadily increasing trucking rates. The question this year is to what degree this trend will continue in Q4 2020.

In a year filled with only short-term predictions, we expected low rates out of Q2, and while they were low, they also exceeded expectations. Trucking rates then surged in Q3, and these...

https://www.freightwaves.com/news/commentary-think-2020-is-weird-so-far-buckle-up-for-q4

White Paper – Stress Testing Transportation Forecasts

The first half of 2020 has been the most significant stress test global supply chains and transportation networks have experienced since War World II. Even the financial crisis of 2008/2009 cannot compare to large swaths of the economy being either forcibly or voluntarily shut down at once to slow the COVID-19 pandemic. The stress tests are likely to continue as the global economy will probably stop and start again, depending on regional infection and transmission levels of COVID-19.

In this...

https://www.freightwaves.com/news/white-paper-stress-testing-transportation-forecasts

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