KCH Transportation

Happy Independence Day from KCH Transportation! 🎇 🇺🇸 🎆

The freight market never sleeps: 📦 Cargo theft increased 10% in Q1 of 2024 compared to Q4 of 2023 🚚 Even though reefer volume increased this week, it’s still lower than last year due to softer produce volumes this year 🚢 Spot rates hit their highest levels since the summer of 2022 and are still climbing 🚂 Teamsters Canada Rail Conference members reauthorized strikes against CN and CPKC 🛩 Boeing is expected to take a plea deal from the DOJ over fatal 737 MAX crashes ⛽ Diesel prices have increased for the third straight week, bringing the national average to $3.81/gallon #SupplyChain #Logistics #Freight #Cargo #Transportation

An interesting trend is emerging that could shake up the freight market in the second half of 2024 📊 As spot rates continue to inch closer to contract rates, shippers need to be aware of the potential shift and how it affects their supply chain. We're watching these shifts closely thanks to data from FreightWaves SONAR, and we go into further detail on what it all means in the latest episode of Shifting Gears: https://lnkd.in/eMUJhKf8 #SupplyChain #Logistics #Freight #Cargo #Transportation #Shipping #Trucking

We're proud to be named to Association for Corporate Growth (ACG)'s Fast 40! This award recognizes the fastest-growing middle-market companies in Georgia, and we're honored to be a part of this exclusive list. #ATL #Georgia #ACG

Is your supply chain prepared for the possibility of an upcoming freight market shift? 🤔 Using data from FreightWaves SONAR and drawing upon years of experience in the transportation industry, Henry Byers cautions shippers to prepare for market volatility in the second half of 2024. Check out the full episode of Shifting Gears to get a closer look at what we're seeing: 📺 - https://lnkd.in/eMUJhKf8 #SupplyChain #Freight #Transportation #Shipping #Logistics #Trucking

The 4 horseman of a correction. The whisper of a market correction has been somewhat silenced due to the upcoming holiday but you mustn't be blinded from seeing the bigger picture. There are some big changes occurring on the west coast right now. If once is by chance, twice is a coincidence, three times is a pattern, then what is four? what is five? Over the past 30 days in the LAX market: Inbound Container Demand +21.2% Average Outbound Length of Haul surpassed 1,000 miles last week Dry Van Volumes +20% Dry Van Rejections +85% % of outbound lanes with above average rate increase +28% (4 day rolling) The spike in demand brought in by LAX/LGB has shaken the west. This has brought in higher miles to the truck and is now bringing a higher RPM. The surrounding markets now have to compete with the highly attractive freight coming from SoCal. Henry Byers, Director of Pricing KCH Transportation, and I spoke at the length on Friday. Much of what was discussed was about how low inventory levels are right now and how the massive pull forward is going to be the catalyst for change this industry greatly needed. Its not all rainbows though.... I do foresee a slew of businesses having to shut their doors due to a recovering freight market. Freight is a COGS at a freight brokerage and a sudden increase will strip away any margin a struggling company might have. FreightWaves SONAR

Don't trip, it's finally Friday 🏃♂️

"What do you do again?" If you work in logistics, you've probably been asked that question a million times. Thankfully, we seem to have a lot of experience answering it ("Logistics, mom!") Happy National Logistics Day from KCH Transportation! #NationalLogisticsDay #Transportation #SupplyChain #Logistics