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Will Pork Market Go Hog Wild Over Prop 12?
Friday, March 19, 2021 - 12:52pm | 1161Read More...Earlier this week in The Stockout CPG-focused newsletter, I discussed the impact that China's efforts to replenish its hog population was having on corn and soybean exports as well as the related transportation challenges. Today, I dig into another pork-related issue, California's Proposition 12...
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Increasingly Difficult Yearly Comps Are A Distraction; The Market Is Rolling
Friday, March 12, 2021 - 3:47pm | 2268Read More...This week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
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Is Air Cargo Really A Bargain Right Now?
Friday, March 12, 2021 - 12:52pm | 2049Read More...This is an excerpt from Thursday's (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year...
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Reefer Shippers Beware: Capacity Shifting To Dedicated And Carriers Practicing Stricter Freight Selection
Tuesday, March 9, 2021 - 5:05pm | 1119Read More...This article was originally published in The Stockout newsletter on February 3, 2021. To sign up for The Stockout newsletter, click here. We recommend that CPG companies, and others that ship refrigerated goods, pay close attention to Marten Transport's (NASDAQ: MRTN) results each quarter. Marten...
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Increases In Weekly DOE/EIA Diesel Price Hit 18 Straight; Latest Rise 7.1 Cents
Tuesday, March 9, 2021 - 9:45am | 955Read More...The Department of Energy/Energy Information Administration average retail diesel price rose Monday for the 18th consecutive week–another record–while the commodity diesel markets Monday rode up and down on the back of the latest wild oil market swings. According to the latest DOE/EIA number, the...
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Intermodal Poised For Run, According To Wells Fargo
Monday, March 8, 2021 - 5:14pm | 1101Read More...Pointing to intermodal share gains versus other modes and inventories in need of significant replenishment, Wells Fargo (NYSE: WFC) equity research analyst Allison Poliniak-Cusic has raised her price targets on intermodal providers Hub Group (NASDAQ: HUBG) and J.B. Hunt (NASDAQ: JBHT). "Our...
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Nothing Light About Bud's Debt Load
Friday, March 5, 2021 - 3:24pm | 1387Read More...One financial metric in the CPG world that stands out to me is Anheuser-Busch InBev's (NYSE: BUD) net debt-to-EBITDA ratio: 4.8x. The company has been highly leveraged since its acquisition of SABMiller in 2016 when its debt topped $100 billion (net debt was $82.7 billion at the end of 2020) and...
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OPEC Stuns By Opting Not To Raise Output; Was Diesel A Reason?
Friday, March 5, 2021 - 12:17pm | 1281Read More...Coverage of the OPEC+ group's decision Thursday to not increase crude production even after a more than $45 increase in prices since April inevitably featured one of two words: "shocking" or "stunning." Diesel markets may have played a role in the path that OPEC took. Expectations going into...
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Winter Weather Takes Bite Out Of Saia's February Tonnage
Wednesday, March 3, 2021 - 2:19pm | 838Read More...Less-than-truckload carrier Saia (NASDAQ: SAIA) reported a reversal in trends during February as severe winter storms forced closures across the carrier's network of terminals. February tonnage fell 2.3% year-over-year after climbing 5.4% in January. At the peak of the storms, Saia had as many as...
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Weather Upends ArcBest's Quick Start To 2021
Tuesday, March 2, 2021 - 10:01am | 766Read More...Logistics provider ArcBest Corp. (NASDAQ: ARCB) announced in its annual 10-k filing with the Securities and Exchange Commission that severe winter weather has impacted first-quarter results. The company's asset-based segment, which includes less-than-truckload operations, saw a strong start to...
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The Stockout: Fake Meat — The Future Or Freakshow?
Monday, March 1, 2021 - 4:45pm | 1718Read More...Plant-based meat alternatives are to the food industry what electric vehicles are to the transportation industry — a niche with a lot of startups today but maybe not so niche in the future, especially as further quality advancements are made. In today's edition of The Stockout, a CPG-focused...
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Reflecting Strong Trucking Market, TA Sold Huge Amounts Of Diesel In Q4 2020
Friday, February 26, 2021 - 11:07am | 780Read More...TravelCenters of America (NASDAQ: TA) sold a lot more diesel in the fourth quarter of 2020 than it did in the corresponding quarter of the prior year. In fact, it sold more diesel in the fourth quarter than it has in any other quarter in recent years. Diesel sales came in at a whopping 492.67...
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Carriers Still In Control But Momentum Slipping Slightly
Friday, February 12, 2021 - 5:01pm | 2310Read More...This week's DHL Supply Chain Pricing Power Index: 70 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 70 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
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Retail Sector's Holiday Winners And Losers
Monday, December 28, 2020 - 9:41am | 758Read More...Americans being stuck at home or out of work this holiday season did not hamper holiday retails sales, according to data compiled by Mastercard SpendingPulse, which tracks overall retail spending across all payment types. Preliminary data from SpendingPulse found that holiday retail sales,...
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2021 Trucking Outlook Comes Into Focus
Friday, December 18, 2020 - 8:56am | 2159Read More...Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Some are expecting the favorable truckload fundamentals that were in place in the back half of 2020 to continue unchanged though 2021. However, others believe the...
