2020 Mid-Year Transportation Market Update: What to Know as a Shipper

In its 31st annual State of Logistics Report, the Council of Supply Chain Management Professionals (CSCMP) summed up the supply chain impact of COVID-19 in one statement: "The pandemic, and global measures taken to reduce its further spread, have decimated supply chains, scrambled logistics capabilities, and destroyed huge swaths of demand."

In Morgan Stanley’s recent freight transportation COVID-19 sentiment survey, 78% of respondents stated that COVID has a had a “medium” or “high” impact to their business.

With that said, what's been happening in transportation so far in 2020, and what can we expect going forward?

Here's our take on some transportation market trends we're seeing from our Logistics Control Center.

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LTI, Inc. Chooses LeanCor Supply Chain Group as its Provider of Logistics Engineering, Transportation Management Solutions

FLORENCE, KY--(April 9, 2020)—LeanCor Supply Chain Group, a trusted partner in end-to-end supply chain management and logistics, today announced that LTI, Inc., a leading manufacturer of custom foodservice equipment, specializing in modular and custom serving counters as well as state-of-the-art serving technologies, has selected the company as its third-party logistics provider to manage logistics engineering and transportation execution in order to advance performance and deliver improved customer experience.

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Tips for Temperature Checking Drivers During COVID-19

Like first responders, truck drivers continue to transport goods to millions of businesses and people amidst the COVID-19 pandemic. 

“Not only are trucks continuing to move, but they are doing so at speeds well in excess of normal traffic patterns.” said Rebecca Brewster, president and COO of ATRI, the trucking industry’s largest not-for-profit research organization (Logistics Management).

All of this movement imposes greater health risk of businesses spreading COVID-19 to employees as they receive deliveries into facilities.

One way our customers are helping to protect against this risk is to check drivers' temperatures upon arrival.

But how do you coordinate this into a fast, efficient, and humane process? We took some tips from one of our logistics customers - a consumer goods manufacturer. 

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Signs of Truckload Freight Market Shift in Time for Holiday Season

For the first time in over a month the Morgan Stanley Truckload Freight Index (TLFI) increased and showed signs of life.

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Are We Facing a Potential Freight Market Shift?

The state of California passed a law, starting on January 1, 2020, that will prevent truck owner/operators from leasing on or contracting with another trucking company as an independent contractor. Doing so, would impose significant liabilities on the companies that contract with owner-operators.

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2019 Mid-Year Transportation Market Update: What to Know as a Shipper

"The freight market has been soft for almost a year, and in our view, slid into freight recession in the first half of 2019. The U.S. trucking industry faces a supply and demand imbalance – excess equipment capacity and not enough freight – which continues to press rates lower" (DAT).

The first half of 2019 could be described as a "shipper's paradise and a carrier's nightmare." Here's our take on some transportation market trends we're seeing from our Logistics Control Center -- and what to expect going forward.

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2018 Year-End Transportation Market Update: What to Know as a Shipper

2018's freight market has faced a strong economy coupled with strong domestic truckload demand. With varied truck and driver supply, shippers have certainly had an interesting year.

Here's our take on some transportation market trends we're seeing from our Logistics Control Center -- and what to expect going forward.

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Truckload Freight Market Update - June 2018

Shippers have navigated the first half of 2018 in a market of tight freight capacity -- low truck supply and high demand due to factors like the driver shortage.

We checked in with LeanCor Transportation Manager Steven Prince to review current market conditions and hear the transportation team's take on what to expect going forward.

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NEW! Transportation Management Project Resources

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Issuing an freight carrier bid? Trying to resolve issues with suppliers? Need to improve your receiving dock schedule? We’ve rounded up some of our most-used project templates for daily continuous improvement in transportation management. Free for download!

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