I have been thinking about leadership a lot lately. Perhaps it is the various styles of our elected officials – from local representation to the highest office in the land. Perhaps it is what we often see or don’t see… Read More
NATIONAL DIESEL PRICES A bright spot for ground shippers and carriers is the continued low cost of diesel. The DOE national average has been within 4 cents of $2.40 / gallon since April. (Data Source: EIA) OIL – WEST TEXAS… Read More
Do a search on “How to successfully implement new Transportation Management Technology” and you will get plenty of results laying out the steps in a logical way, usually pretty intuitive stuff either from a technical perspective or from an organization… Read More
Just seven months ago, we were looking at historically low spot rates. Before the pandemic, there was already pressure on the spot market due to excess carrier capacity;
Welcome to the October 2020 issue of JBF Freight Transportation Industry Bulletin, a monthly newsletter by the JBF Consulting team, with a focus on supply chain, transportation, logistics and of course freight. THANK YOU for being here. P.S. Was this email forwarded to… Read More
Podcasts are the rage lately, and our industry is no exception. The team at JBF Consulting compiled this list of the Top 30 just for you! Here you will find all the latest and greatest available shows specifically for our… Read More
Industry experts believe that we will start to see a leveling out of the spot market, but they believe that rates will remain elevated. As we get into TL contracting season, one would anticipate the TL carriers asking for substantial rate increases to bring the SPOT/CONTRACT rate delta back into balance.
It will surprise no one to hear that e-commerce experienced a spike in demand in the second quarter of this year. The U.S. Census Bureau published this data in mid-August: Not a classical hockey stick chart in the sense that… Read More
Welcome to the September 2020 Freight Transportation Bulletin In This Issue: Freight Market Update Modeling Labor Costs in Supply Chain Design The Impact of Dwell Time on Truckload Carriers On The Lighter Side… Is Tesla Semi a Game-Changer in Long… Read More
I am interested in getting other’s perspectives on why spot rates are so high, as my supposition is based on feeling and not data.
