Shipper — Presentation
Schneider publishes this regular transportation market update to keep you informed of freight market conditions, supply and demand influencers, and disruptions that may impact your supply chain.
This report is developed by leveraging data and analytics from multiple transportation industry resources.
This report focuses overviews the Transportation Market. View the Market Update focusing on Mexico transportation here.
This chart combines the current year-to-date trend with full year trends from 2018-2021. You will see consistent trends in reduced outbound tender volumes during holidays. More importantly, it shows the sustained length of time that record-level outbound tender volumes have remained.
Compared to the Outbound Tender Volume Index levels during this time in the previous two years, current OTVI is 2% higher than 2021 and 46% higher than both 2019 and 2020.
Though the end of the year holidays resulted in a large decrease, this is consistent with past years and is starting up stronger in the new year than past years.
The graph above details outbound tender rejects based on length of haul, regardless of mode. Since our last report, rejects have slightly increased for all lengths of haul, except city/local.
As the market continues to evolve, we are here to help. Contact a logistics expert today and read the full transportation market update report here:
Schneider recently announced that the company is growing its dedicated operations with the acquisition of Ohio-based truckload carrier, Midwest Logistics Systems (MLS).
MLS is a leading dedicated carrier with over 1,000 professional drivers, operating 900 tractors across 30 central U.S. locations.
Schneider has acquired 100% of the equity interest in MLS. The carrier will run as an independent subsidiary of Schneider. MLS professional drivers and associates will continue to operate under the MLS name.
Five Northeastern states have raised their tolls for cars and trucks in the new year to pay for highway programs, in an effort to make up for pandemic-related financial shortfalls.
Those tolling authorities announcing increases include states with heavy freight corridors such as New Jersey, Pennsylvania and New York, as well as less commercially traveled states such as West Virginia.
Get more details in the article below.
Shortages at grocery stores across the country have grown more acute in recent weeks as omicron continues to spread and winter storms have piled on to the supply chain struggles and labor shortages.
The shortages being reported nationwide are widespread, impacting produce and meat as well as packaged goods such as cereal.
While items are harder to find, many also cost more with rising inflation. The consumer price index jumped 7% last year, the fastest pace since 1982, the Labor Department said Wednesday. That's up from 6.8% annually in November, which was also a nearly four-decade high.
With capacity continuing to tighten, we need to work together more effectively than ever to alleviate congestion so that you can secure reliable and economical freight capacity to ensure your loads get from point A to B.
Carrier capacity decisions are heavily influenced by multiple factors. We’ve developed a checklist you can use as a shipper to help make your freight more attractive to carriers and secure more capacity. Some highlights from the checklist include:
The Emergency Declaration was issued following the declaration of a national emergency by the President in response to the Coronavirus Disease 2019 (COVID-19). Regulatory relief is provided for commercial motor vehicle operations providing direct assistance in support of emergency relief efforts related to COVID-19.
The Emergency Declaration has been extended multiple times. The December 1, 2021 update shall remain in effect until February 28, 2022, or until the revocation of the Presidentially declared COVID-19 national emergency, whichever is sooner.
The Emergency Declaration is limited to transportation of:
Direct assistance does not include routine commercial deliveries, including mixed loads with a nominal quantity of qualifying emergency relief added to obtain the benefits of this emergency declaration.
Schneider is committed to following the FMCSA Emergency Declaration while maintaining our #1 Core Value of safety among our drivers and associates.
We continue to closely monitor information related to the COVID-19 outbreak and – as always – our priority is to protect the health and safety of our associates, our drivers, our customers, and the general public. Our crisis management team is continually monitoring the situation and is taking steps to ensure the wellness and safety of our associates.
Recognizing that our drivers are the backbone of our business, we are in regular communication through our driver support teams to ensure that they are well informed as to the environment they are operating in. Their safety and wellness are a top priority.
Your business is very important to us and we are happy to answer more questions related to specific worksites or regions should you have them.
For the latest information on COVID-19, please visit the Centers for Disease Control and Prevention’s website.
Our associates and transportation experts are available to help with supply chain strategy and shipping needs to respond to the pandemic. You can count on Schneider to provide your business with the same exceptional service and timely support we’ve provided shippers for 85+ years.
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