Welcome to the February edition of JBF Freight Transportation Industry Bulletin.
I'm sure many of you would agree - the start to 2022 feels like we're in the opening seconds of the Kentucky Derby. The bell sounds and we're off sprinting at breakneck speed around a circular track with no end in sight.
Though I do not know when the impact ripples of the pandemic will diminish, it is clear that our supply chains are in need of some adjustment and lubrication as a result of the past two years of struggle.
In the past two quarters, we have seen a dramatic increase in retailers seeking to re-engineer their import logistics systems and processes to become more agile and responsive to black-swan events like we've experienced with Covid-19.
We have also seen a wave of investment within the automotive industry, where shippers are struggling to secure truckload capacity - and looking for technical solutions that are scalable, while also helping to control costs.
Furthermore, it's not only truckload capacity that is driving systems and technology to adapt - but sourcing parcel capacity has increasingly been at the forefront of our client conversations.
All these items are inserting new stressors into our supply chains with a frequency that dictates our clients' tools and business processes must adapt to accommodate.
As such, JBF continues to be at the forefront of helping clients engineer flexibility, adaptability and scale into our solutions.
We are also continuing to grow and enhance our capabilities with international logistics domain expertise, deep parcel systems experience, as well as enhanced training around process engineering and technical tactics to engineer flexibility into our logistics systems.
We look forward to helping you with your struggles and opportunities to differentiate from your peers.
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