TIA Sees Surge in Goods Consumption
December 3, 2021
most recent 3PL Market Report reflects that we are now in the sixth
quarter of the most substantial surge in goods consumption in recent
history. By now, the boom has reached a plateau with reductions in Q321.
Is this the inevitable fallback from this unsustainable boom or just a
The result is a record capacity crisis that has imposed significant
challenges on the brokerage industry. Such volatility in market
conditions is especially important for brokers because the spot market
they serve is the place where market stresses naturally congregate,
reports TIA Chief Economist Noël Perry.
report shows that for Q321, the invoice amount per shipment, total
shipments and total revenue improved by 3.3%, 6.8%, and 10% compared to
"Broker growth continued despite a weakening in overall TL growth. This
reflects the continued presence of difficult-to-fill out-of-route
demand, something brokers excel in.” said Perry.
of Use | Copyright
© 2002 - 2021
SM CORPORATION. All
rights reserved. |