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inbound logistics

The Silver-Lining of Superstorm Sandy

With initial estimates of economic losses due to Sandy reaching into the $30-$50 billion range, it’s strange to think that there could actually be a silver-lining to such a detrimental cloud. And in fact, the trucking industry alone suffered around a whopping $140 million per day loss. This number is based on 20% of the industry not moving freight because of Sandy’s aftermath. However, with these dismal numbers at the forefront of everyone’s mind, it’s wise to note that some trucking companies do actually benefit from natural disasters.

The clean-up and rebuilding phase following the super storm is what gives the transportation industry its light at the end of the tunnel. Fleets are expected to see an increase in activity in the coming months with demand on the rise. Construction companies and the flatbed carriers that haul their materials will experience quite the surge.

Flatbed carriers aren’t the only ones to have a boost in freight, however. Dry van carriers will also see a boom in business with retailers needing to replenish depleted goods on store shelves. Though many will experience a loss initially, the storm’s resulting damage will create new demand later. The immediate need for restocking, for example, is one that only the time-sensitive characteristic of trucking can provide. Not only is it excess work because everything is rushed, it’s also out of normal route, and people are willing to pay more. All of this in turn, leads to a faster recovery for the industry. FTR (Freight Transportation Research Association) Senior Consultant Noel Perry predicts that the losses caused by the storm, will ultimately be recovered due to resupply and rebuilding truck freight needs. Perry predicts the storm will generate $15 billion in additional revenue for trucking over the next three or four quarters.

Sandy’s disruption to replenishing food, gas and other goods serves as a glaring reminder that freight transportation is the backbone that supports our everyday life.  Whether a storm for you causes a loss or a sudden boom in business, you still need to have a plan for whatever comes next. Though you cannot predict, you can prepare. Check out the checklist we developed to help prepare your supply chain for natural disasters!

Have your own tips or precautions that you take in preparation for the unpredictable? Fill us in here so we can all benefit!

For more information on BlueGrace Logistics visit www.mybluegrace.com, or to request a quote, fill out the form below. [gravityform id=”1″ name=”Request an LTL Freight Quote”]

VOTE BlueGrace Logistics as your Top 3PL

Vote BlueGrace Logistics as your Top 3PL ProviderEach year Inbound Logistics releases a Readers’ Choice Top 10 3PL Excellence survey for shippers and businesses to express their appreciation for their best third party logistics provider. It is our mission to serve you with world class technology and outstanding customer service daily while offering simplicity and reduced freight costs.

Here are Top 3 Reasons to Vote BlueGrace as Top 3PL:

  1. OMG Service: Our team of dedicated logistics support experts is always eager to assist throughout the shipping process. Contact them via email, chat directly from our website, phone 1-800-MY-SHIPPING, or social networks! To see what customers are saying about shipping with BlueGrace, read Customer Reviews on Facebook.
  2. Simplicity with Technology: BlueGrace Logistics offer advanced logistics technology and shipping tools to simplify your freight shipping. This allows you to focus on your core competencies and leave the shipping to us!
  3. Logistics Champs: We’re proud sponsors of Mixed Martial Arts (MMA) fighters – it’s just one way we build relationships between our employees, customers, and logistics partners by participating in this common sports interest. Inc Magazine interviewed BlueGrace Logistics President and CEO, Bobby Harris, in their June edition to get the scoop on the MMA involvement.

Please take a moment to cast your vote for BlueGrace Logistics as your Top 3PL. Thanks in advance for your support!

If you are interested in learning more about the “BGExperience,” contact our friendly team today to get truckin’ on the road to streamlined shipping with BlueGrace Logistics!

– Samantha Hill, Community Manager
Follow: @SamHill_BG