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Midyear Trucking Report : The Second-Half Outlook
August 15 , 2024 , 2:00 PM EDT
The first half of 2024 ended on a stronger note for US trucking demand , with tonnage and spot market rates rising slightly off the baseline set last year . But shippers are getting mixed messages , with some transportation providers warning of tightening capacity and higher rates this fall despite plenty of truckload capacity in the market . Meanwhile , shippers are navigating an increasingly complex set of supply chain challenges that require them to develop more control over the truck capacity they use , often lane by lane . They ’ re seeking the agility needed to move freight between truckload contract and spot trailers and less-than-truckload and even private or dedicated fleet operations . That ’ s a hallmark of post-pandemic trucking , and it requires the right technology stack and the right trucking providers to keep freight rolling . https :// bit . ly / 3Y6e5AB
FEATURED CONTENT
Midyear Breakbulk and Project Cargo Outlook
August 22 , 2024 , 10:00 AM EDT
Conflict in the Red Sea , increasing port congestion and an uptick in demand for project and containerized cargo have led to rising spot rates in the breakbulk and project cargo sector , and there are early rumors of a resurgence in the “ spillover ” market as shippers revisit lessons on supply chain flexibility learned during the pandemic . Signs that mode-malleable cargoes are shifting from container to breakbulk modes are on the rise , as are inquiries about transporting more-than-usual numbers of containers on multipurpose vessels and general cargo ships . This webcast will examine fleet supply and makeup and how cargo demand is playing into it amid a tumultuous geopolitical environment . https :// bit . ly / 4b8S4UD
RESOURCES
Top 100 Importers and Exporters https :// bit . ly / 3Vbpn4M
Executive Editor : Mark Szakonyi 202.872.1234 , mark . szakonyi @ spglobal . com
Managing Editor : Benjamin Meyer 916.716.6272 , benjamin . meyer @ spglobal . com
Managing Editor : Kevin Saville , 212.488.4282 , kevin . saville @ spglobal . com
Senior Editors : William B . Cassidy Trucking and Domestic Transportation 202.872.1228 , bill . cassidy @ spglobal . com
Bill Mongelluzzo , West Coast 562.428.5999 , bill . mongelluzzo @ spglobal . com
Eric Johnson , Technology 213.444.9326 , eric . johnson @ spglobal . com
Janet Nodar , Breakbulk and Heavy Lift 251.408.2090 , janet . nodar @ spglobal . com
Greg Knowler , Europe + 44.797.679.8770 , greg . knowler @ spglobal . com
Ari Ashe , Southeast Ports , Intermodal Rail 202.548.7895 , ari . ashe @ spglobal . com
Michael Angell , Northeast ports , 646.505.4712 , michael . angell @ spglobal . com
Senior Research Analyst , Project and Breakbulk Cargo : Susan Oatway , FICS , + 44.7930.411659 susan . oatway @ spglobal . com
Senior Contributor : Cathy Morrow Roberson , 732.730.2533 , cathy . morrowroberso @ spglobal . com
Data Hub Manager : Marcin Lejk , + 44.58.741.6270 , marcin . lejk @ spglobal . com
Shipper Engagement Manager , Breakbulk : Diana Hamm , 832.499.7368 , diana . hamm @ spglobal . com
Senior Editor , Special Projects : Alessandra Gregory Barrett , 860.248.5238 , alessandra . barrett @ spglobal . com
Senior Associate Editor , Special Projects : Ariane Herrera , 215.789.7478 , ariane . Herrera @ spglobal . com
Special Projects Coordinator : Amanda Hunter , 212.205.1226 , amanda . hunter @ spglobal . com
Senior Designer : Sue Abt , sue . abt @ spglobal . com
Designer : Hannah Kidd , + 44 203 253 2134 , hannah . kidd @ spglobal . com
Rates from India to US , Europe explode amid heightened capacity pressures
NSCOWA
Ocean carriers on the busier headhaul trades out of India have been able to push rates unusually higher in July as available vessel space remains acutely tight . https :// bit . ly / 3LxIJLC
CHRISTOPHER E ZIMMER / Shutterstock . com
Slync founder Kirchner gets 20-year prison sentence for misuse of funds
Chris Kirchner , founder and former CEO of logistics software vendor Slync , has been sentenced to 20 years in federal prison by a US District Court judge after being found guilty in January of defrauding investors of millions of dollars . https :// bit . ly / 4bP2vwU
Sales : Cindy Cronin , Director APAC sales , 954.260.6061
Jean Gibbons , Senior Sales Executive West Coast , FL , GA sales , 706.469.7160
John Knowles , Sales Manager EMEA , AU sales , + 44.777.997.4677
Allyson Marek , Senior Sales Executive Northeast sales , 727.337.3010
Elaine Nosaka , Senior Sales Executive VA , NC , SC , Canada sales , 703.447.9555
Judy Welp , Senior Sales Executive Midwest , Gulf , Latin America sales , 512.284.2878
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