Our Week 21 Top Logistics Stories

It’s week 21 and here are three stories you should be updating your customers and prospects on this week. They need your expertise!

Shippers may not be aware of what’s occurring or its importance, so offering your assistance and insights will help you build a stronger relationship with them.

Knowing what’s going on in the market is only half the battle. Your customers need to be told what to do about it and they should hear that from you.

1.      The US freight market has been sluggish at best for several years. But there may be some positives showing things are strengthening that are appearing in the data. According to CASS, freight rates have moved higher year over year, although volumes remain low. Experts are still warning that the outlook remains weak, however.

2.      The tariff uncertainty may be about to increase again. The US President is signaling the return of higher reciprocal tariffs to countries he feels are not negotiating with the US in good faith. With the China 90-day pause in effect, things feel calmer than a month ago, but companies should remember this is a temporary agreement.

3.      One anticipated result of the 90-day tariff pause was a flood of freight coming to the US from China. The early data supports that a rush to ship goods is occurring, but the Port of LA Long Beach is not expecting it to create congestion for its docks. Port Executive Director Gene Seroka stated they’ll probably see less than 30% of the peak of COVID.

Of course, these stories are just a small part of what’s going on in the supply chain space right now. Updating your clients on how this and other information is relevant to their business is a way to provide more value and strengthen your relationships.

If you need help creating more complete and customized updates for emails, blogs, and social media, we can help. Visit www.shippingbrief.com to learn more.