Last week I attended one of my favorite events: the Annual Stifel Transportation Investor Conference. Throughout the conference there was one consistent theme: carriers foresee tight capacity in the latter half of 2017 and on into 2018. And tighter capacity means higher rates!
I moderated a panel discussion featuring shippers from Home Depot, Wal-Mart, Cargill and Niagara Bottling, and the shippers on my panel - as well as many other shippers at the conference - said they’re experiencing a relatively balanced market and rates are stable. But after talking with all these carriers I can’t help but ask: are we seeing the calm before the storm?
If you’re concerned about how good your rates are, have us benchmark your rates for no cost.
Don’t forget: we’re on your team, we're here to help, and we are passionate about seeing you be successful. If you have any questions or comments, please give us a call at 630-833-0890 or send us an email.
Mike Regan
P.S. Here are a few other resources we’ve featured in recent weeks that you might want to take a look at:
Talking Logistics - How Idahoan Transformed their Transportation Spend Management Program
Cameron Kelsey, Transportation and Inventory Manager at Idahoan, explains how TranzAct's Constellation TMS has helped them build a better supply chain in these videos.
Highlights from the NIT League Annual Transportation Summit
The NIT League held their Annual Transportation Summit in San Diego in February. If you didn’t get a chance to attend or could use a refresher, we're sharing a few great videos:
Gary Shilling on the 2017 Economy
Since 2017 was off to a bumpy start, we wanted to get his thoughts part way through the year about what we would see and why.
