Our Week 32 Top Logistics Stories

It’s week 32 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.      Last week was an intense time for tariffs. The White House has updated its country-specific tariff list, and uncertainty remains as to the status of tariffs with many of the largest trading partners, including the EU, Mexico, and Canada. In other words, despite a lot of headlines, a lot of details still need to be worked out and a lot can still change.

2.      In some good news for the logistics industry, unemployment is slightly lower than the US national average. In July, US logistics unemployment was 4.3% compared to the national average of 4.6%. Warehousing, specifically, is doing the best.

3.      The July Logistics Managers Index is showing some signs of optimism. Transportation pricing has remained firmly in growth mode this year. The pricing index again grew faster than the capacity index, suggesting the freight market is recovering, albeit slowly.

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.