Market Report
May 2021
Expert analysis on the transportation market
The May transportation market report is out now. We did see volumes drop off domestically but that is tied to the holiday. We are expecting volumes to rise again to the levels we have seen over the past two months. Fuel costs are on the rise again as some panic buying tied to the Colonial Pipeline cyberattack drove up demand.
What’s new this month?
- Chris Gula breaks down the current driver shortage crisis in LTL.
- Update on Ocean freight prices from a current RFP.
- Breakdown of the ILWU and ILA contracts which are both due to expire on July 1st, 2022.
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Our control tower approach to moving freight will drive lower costs in your transportation program, and provide your team the peace of mind and visibility to automate business processes to make better decisions.
Your account analyst is dedicated to solving and managing your unique and changing business needs. Every day they are looking at your data, your trends, and working with an experienced staff to customize your transportation program. By leveraging our knowledge, technology, and experts we help you succeed.