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 chart combines the current year-to-date trend with full year trends from 2018-2020. 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 2.35% higher than 2020 and 57.10% higher than 2019.
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:
For 16 consecutive months, capacity has been on the decline. The Transportation Capacity Index remains historically low and displays continued downstream pressure throughout the supply chain. This indicates that companies could be facing significant challenges in ramping up shipments for the holiday season. With this crunch, there has been sustained pressure on rates as well.
The Biden administration has established a new Supply Chain Disruption Task Force to investigate transportation supply-demand imbalances.
This comes after the White House issued a report following the review that began earlier this year in which the administration assessed vulnerabilities for semiconductor manufacturing and advanced packaging, large capacity batteries such as those used in electric vehicles, critical minerals and materials, and pharmaceuticals and advanced pharmaceutical ingredients.
The Commercial Vehicle Safety Alliance (CVSA) held Operation Safe Driver Week during the week of July 11.
Speeding, which was the focus of this year’s event, was also the top driver behavior violation among commercial motor vehicle and passenger drivers in the U.S., Canada and Mexico.
This is especially concerning as the U.S. Department of Transportation reported that traffic fatalities were up 10.5% in Q1 2021.
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 February update shall remain in effect until November 30, 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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