Will Peak Season Arrive for Freight?

The freight industry's pandemic boom is long gone. Volumes declined so much that many expect a slow peak season.?

Freight volumes traditionally peak from August to September as brands ramp up for holiday shopping.?

But, the typical peak freight surge softened last year, and signs indicate a similar situation lies ahead.?

Slow peak season reasons

Despite several positive macroeconomic signs, freight will experience a muted peak season.?

Ocean import volume declines

Ocean freight remains at historically low levels. Retailers created an inventory bullwhip effect with leftover pandemic stock. As a result, imports slowed and volume expectations remain low.?

Excess inventory and right-sizing efforts

Brands continue to reduce excess inventories, which tempers seasonal volume. Many still hold pandemic-era inventory gluts and don't need to add peak season inventory. Because of this trend, far less volume moved across supply chains.

Read more on the Flexe Institute.?#peakseason #logisticsinsights