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Monday, November 28, 2022

Seasonal Capacity Holds Up

 

The NRF (National Retail Federation) said tight trucking capacity will not be an issue in supporting demand this holiday season as retailers have more than enough inventory in stock to fulfill customer orders until the end of the year.

Industry experts say the trucking industry has enough trucks and trailers to move all goods to warehouses and stores because it does not follow the same high and low cycles of the retail industry.

Randy Mullet, a Trucking Consultant at Mullet Strategies said, “The trucking industry is spread across more than just retail. The Christmas bump is usually like Thanksgiving week. UPS, FedEx, and the post office are going to be going crazy for these couple of weeks, but this is not indicative of the entire trucking industry.”

An additional aid to the success of this year’s holiday shopping rush is the calendar. Since Thanksgiving was early (November 22), the majority of consumers are pacing themselves throughout December in hopes to find better bargains as Christmas approaches.