In the last three years, macro trends have had an oversized impact on European supply chains, particularly in road freight shipping.
From the COVID pandemic and subsequent lockdowns driving new consumer behavior, to the impact of the EU mobility package, to recent strikes, and the Ukraine crisis, maintaining supply chain resilience is perhaps more challenging than ever before.
Building a plan to navigate these challenges has never been more pressing.
In the webinar, the host, sennder’s Senior Marketing Director Adeola Ogunwole and panelists Brennon Chen, Strategy and Planning Director at sennder and Nick Fraser, Strategy & Planning Analyst at sennder, discussed how using digital logistics solutions and planning tools can help shippers overcome these headwinds and improve their efficiency.
The panelists share their understanding of the macroeconomic headwinds shaping road freight in Europe recently including Increasing Fuel Costs, Driver and Truck Shortages, Input Shortages, and Heightened Freight Demand and followed by how the Ukrainian War and Covid Omicron Wave have been affecting them.
Then, the speakers shared some insights on the recent fuel price development for shippers and approaches to ensure freight prices move inline with the market trends for shippers, like diesel floater mechanism and delaying tenders, and moving toward spot market.
Finally, we highlighted two regulations shippers need to continue to monitor.
Considering all the trends and challenges, we explained how digital solutions can help shippers navigate through road freight volatility with some solid examples and metrics.