The Weekly Freight Report for September 30th, 2021
The Top 5 Stories in Freight
Here’s what’s happening this week:
- Supply chain disruptions continue impacting shipments
- Help improve the U.S. supply chain by taking DOT transportation survey
- Industry pursues the fight against the California AB5 law
- Truckload volumes go up while rail shipping volumes decline
- Leading reasons the supply chain is all jacked up
The hottest stories in freight can be found here, in the Weekly Freight Report:
1. Supply chain disruptions continue impacting shipments
The supply chain has tons of disruptions… we get it. Enough doom and gloom! What you want to know is, what am I supposed to do about it? Experts recommend staying flexible about orders and appointments. Over Communicate about order cancellations. And update forecasts as frequently as possible. Collaboration among supply chain companies will be key to staying afloat. Read more.
2. Help improve the U.S. supply chain by taking DOT transportation survey
Want to give the U.S Department of Transportation a piece of your mind? Here’s your chance. The U.S. DOT is asking the transportation industry for insight into the challenges facing the freight and logistics sector through an online survey. And it ends October 18th. Click through to offer your suggestions.
3. Industry pursues the fight against the California AB5 law
The Supreme Court may make the final ruling on California’s AB5 law this fall. AB5 would disrupt almost all transportation company operations in the state, and potentially the U.S. if other states adopt similar measures. Some experts say freight companies have three options if the injunction currently blocking AB5 from becoming law is lifted… Get the details.
4. Truckload volumes go up while rail shipping volumes decline
New stats indicate that shippers are choosing to move goods by truck much more often than by rail. With congested ports and unreliable drayage capacity, can you blame them? It’s just easier to move through the transportation industry’s capacity challenges by truck than by train. Read a more in-depth analysis of OTVI vs. ORAILL in FreightWaves’ Chart of the Week.
5. Leading reasons the supply chain is all jacked up
Maxed out capacity across modes… labor shortages… and depleting inventories are major players in the mess. The good news is that shippers and carriers stand to benefit from this sustained demand. Supply chain professionals are enjoying their moment in the spotlight as companies recognize the value of efficient, creative supply chain management. The question is, will we manage to ride out these shortages without burning out? Brush up on the full story behind the current supply chain mess.
Need help moving freight across North America? FLS can help. Our network of 54,000 carriers and 400,000 trucks is a great asset to any shipper… and our service levels are impeccable. Give us a try… Get a quote today!