Given our long-standing track record and highly experienced team, TOC Logistics has become an expert source for many industry publications. Whether it is breaking news, or evaluation of trends, TOC Logistics has continued to offer industry journalists insight that provides their readers with insider knowledge.
Between the ELD mandate going into effect, the looming trade war with China, a lack of truck drivers, and busy shipping lines, 2018 has been an interesting year so far for those in the industry.
Here are a few of the key stories, from reputable trade publications, that our team has been a part of this year:
JOC.com – Ocean Carriers Levy Emergency Surface Fees, Restrict Door Delivery (March 20):
“‘In some cases, carriers have backed out on existing contract business. Others are only declining to quote new door business but servicing existing contracts until contract expiration,’ according to TOC Logistics International, an Indianapolis-based third-party logistics provider.”
Supply Chain Dive – With ELD enforcement here, how do supply chains return to “normal”? (April 10):
“‘With trucks being an integral part of many supply chains, the ELD mandate has a “ripple effect” across all stems,’ Gary Cardenas, president of TOC Logistics, told Supply Chain Dive.”
Inbound Logistics – Trucking Challenges Impact SCM (April 2018 issue):
“It is no secret that the current state of the U.S. trucking industry has had several negative impacts on logistics and supply chain management. The shortage of drivers and ripple effect from the ELD mandate have caused trucking delays and pricing increases across the country, and are now affecting global supply chains. Indianapolis-based logistics solutions provider TOC Logistics has been monitoring these industry changes closely.”
JOC.com – Carriers refuse to bow to anti-surcharge pressure (June 19):
“‘Although carriers appear to have had success initially in implementing the emergency bunker fuel surcharges, their ability to maintain the surcharges in the coming months is questionable because the price of oil came down and has leveled off following the 10 percent spike in May,’ said Michael Klage, Solutions Director at TOC Logistics International.”
JOC.com – Rockier Than Usual Peak Season Ahead for US Importers (July 11):
“TOC Logistics International is telling its beneficial cargo owner (BCO) customers they need to provide a minimum of a three-week forecast of their needed capacity and is suggesting they take on buffer inventory through October – unless they want to risk having to turn to air cargo services to make delivery.
’Carriers will prioritize more profitable cargo when the market allows them to do so, and with contract rates that are in the red, large shippers have painted a target on their backs. However, this will likely be short-lived,’ said Michael Klage, Solutions Director at TOC Logistics International, a third-party logistics provider and non-vessel-operating common carrier, told JOC.com”
We are committed to being transparent with our clients, and we do that by staying up-to-date on industry news and trends. We will continue to be a part of the narrative in this ever-changing industry, so be sure to keep an eye out for TOC Logistics in the news!