Approaching the summer of 2016 I wrote an article called ‘Will there be a busy season?’. Just in case you missed it and need a refresher, (https://www.tjocargo.com/will-there-be-a-busy-season). For the most part, the article pointed out storage warehouses were full of unsold retail goods and consumer demand was flat. In addition, early shipping by importers fearing the worst of… Read more »
Category: Logistics Information
Driver Shortage Solved?
How did I manage to cram all three subjects into one article? I attended the monthly meeting of The Transportation Club of Jacksonville on the 13th of July, that’s how. Well that, and it rained a lot the following Sunday so writing was a reasonable indoor activity. I found The Transportation Club of Jacksonville to be a great… Read more »
Ocean cargo booking cancellations
We seem to live in a world of ‘just in time’ everything. Schedules are tighter, demands are greater, and general expectations are continuously elevated. I can’t say I am not guilty of it because I am. As automation and process techniques advance resulting in exceeding my expectations, so do my expectations evolve. It is inevitable. After our expectations are exceeded… Read more »
Knight and Swift Merger
Trucking companies Knight Transportation and Swift transportation agreed to merge into one company. It’s an all stock deal and creates a behemoth of a trucking company. Forbes reported the combined enterprise value of a whopping $6 billion dollars. The new name will be Knight-Swift. The new organization will have about 70 terminals, 23,000 power units, and 28,000 employees. Now that… Read more »
Container Shortage, Equipment Shortage
The word on the street is some US exporters are having a harder time finding empty containers for their goods. Is there an upcoming shortage of containers ahead? Definitely maybe is my answer. Well maybe not a true shortage as in ‘not enough’. It may be more of a matter of containers not being in the right spot. My guess… Read more »
Bulk Freight, Containerized Cargo
In the fourth quarter of last year we earned a new containerized freight customer. Earning a new customer to supply cargo insurance to in itself isn’t unusual. What was unusual was it was a commodity that would typically go bulk in a ship’s hold. If you are not familiar with bulk shipping think of the difference between buying… Read more »
Container Rates Go Up, Container Rates Go Down.
As a result of the wheels coming off Hanjin mid last year I wrote a piece on August 31st 2016 that rates were going to go up and they did. The article can be reviewed at https://www.linkedin.com/pulse/hanjin-falls-down-rates-shoot-up-tom-o-malley?trk=mp-reader-card for a refresher. The writing on the wall was pretty clear. I was stating the obvious. Real live capacity was suddenly… Read more »