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Transportation TIP List: Week of July 10th, 2016

Posted - July 13, 2016

Transportation TIP List: Week of July 10th, 2016

Whether or not you’ve been swept up trying to “catch ‘em all” in the new mobile app sensation “Pokémon Go,” summer is a great time for staying active. This week’s TIP List is showcasing all of the most active trends in the transportation and logistics industry – including a helpful new web portal, the ongoing effect of the “Brexit” on global supply chains and potential logistics concerns in Rio de Janeiro at the 2016 Olympic Games. Catch ‘em all below!

  • USA Track Official Adds Logistics to Growing Concerns About Rio: The 2016 Olympics in Rio de Janeiro will feature 3 key areas that aren’t very close together: the athletes’ village, the track team’s training center and Olympic Stadium. USA Track and Field CEO Max Siegel said that after a few visits to Brazil, “we realized logistics would be a problem.”
  • Declare Your Transportation Independence!: Regardless of which side of the political spectrum you find yourself, we can perhaps agree on one thing, and that is that the federal government continues to add rules, regulations and new requirements on the transportation industry.
  • Truckload Brokerage Roundtable: Tracking the Evolution: The ongoing ascent of truckload brokerage operations has been driven by several different factors, including the advent of truckload brokerage-specific technology advances, commonly referred to as the “Uberization” of the business, as well as both shippers and carriers needing to properly comply with current and evolving federal trucking regulations.
  • Container Weighing Rule Off to Smooth Start: The world’s ports operated as normal as a new container weighing rule that has roiled the shipping industry for months went into effect. Shippers had feared delays resulting from new procedures required by the rule.
  • Retail Sales During Core Back-to-School Shopping Months Will Climb: The back-to-school season will follow a disappointing 2015 holiday season and winter for many US retailers, but the remainder of 2016 should bring some moderate improvement. eMarketer expects US retail sales will increase 2.6% in 2016, up from 1.4% growth in 2015.
  • How Will Brexit Affect Global Supply Chains?: There has been a lot of doom and gloom surrounding Brexit. It is clear that in the short term Brexit has created uncertainty and roiled markets. However, in the longer term its impact may be minimal. It is mainly tariffs and trade restrictions that would have the largest impact on global supply chains.

What industry trends are catching your eye this week?