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Borderlands Big changes planned for Texas border bridge

Borderlands Big changes planned for Texas border bridge
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

Tender volumes stable at a very high level

Tender volumes stable at a very high level 1,254 3 minutes read Photo: Jim Allen/FreightWaves After the winter storm disruptions, freight tender volumes have stabilized and moved horizontally this week. The Outbound Tender Volume Index is up ~16% yoy when adjusting for the high level of rejected tenders. Yearly comps will soon become tougher given the 30% volume surge last March on the backs of consumer panic buying and hoarding of grocery and household staples.  We are entering the seasonal second-gear freight markets find toward the end of Q1. Not only does the warm weather bring about elevated consumer demand, but retailers have quarterly results to report, and lagging inventories are not applauded by Wall Street. 

NRF Retail Sales Forecast Says Party On, Freight Markets

Share: This is an excerpt from Thursday s (2/25) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retail sales are expected to grow this year between 6.5% and 8.2%, amounting to more than $4.33 trillion, according to the National Retail Federation s annual sales forecast released Wednesday.  Preliminary results indicate retail sales grew 6.7% in 2020, despite the challenges from the global health crisis. That total nearly doubles the NRF original forecast of 3.5% prior to the pandemic and was driven by sky-high online demand that totaled 22% of all spending by year s end. This year, the NRF forecasts online sales to maintain a pressing pace between 18% and 23% growth over last year to hit $1 trillion for the first time.

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