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FreightWaves Staff Friday, February 26, 2021

Storm’s whipsaw effect tilts power in carriers’ favor — how long can it last?

There are many variables converging that will keep upward pressure on spot rates and tender rejections for the coming weeks. Carriers will be able to squeeze extra cents per mile over the next couple of weeks. Assets will come back online sooner rather than later, but volumes are beginning to pick up both seasonally and due to a whipsaw effect from the storm.

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FreightWaves Staff Friday, February 26, 2021

NRF retail sales forecast says ‘Party on, freight markets’

There is no definitive end for this freight bull market in sight. Consumers continue to spend on goods, driving freight and diminishing already depleted inventories. Even if consumer spending diverged from its current trajectory (which I see as unlikely, especially given the additional stimulus, accelerating vaccine rollout and strong consumer balance sheet), the mass inventory restocking ahead will be sufficient to keep freight flowing from a consumer perspective.

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Clarissa Hawes Wednesday, February 24, 2021

GSCW chat recap: Wengel on strengthening global supply chain through digitalization, integration

Matt Waller, dean of the Sam M. Walton College of Business at the University of Arkansas, and Kathy Wengel, executive vice president and chief global supply chain officer for Johnson & Johnson, discuss key trends that have emerged in the global supply chain during the COVID-19 pandemic as suppliers, manufacturers and distributors collaborated to ensure critical supplies were deployed all over the world.

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