[Editor’s Pick] Letter from the CEO: Coronavirus Market Update

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Transplace CEO Frank McGuigan from Transplace’s blog provides an informative overview of the current state of the transportation market in light of the coronavirus outbreak.

At Transplace, we strive to prioritize the needs of our customers, our community, and our team members. With global attention of the coronavirus (COVID-19) outbreak, each day brings more unknowns and challenges for everyone. Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. We are prioritizing the needs of our customers, employees, and suppliers as we collectively face one of the most unique challenges of our lifetime.

It goes without saying we are in this together. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. We hope this message relays our insight into what is happening. Please remember, this situation is rapidly evolving, and information is changing hourly. We will continue to provide you updates in near real time when appropriate.

Read More at Transplace’s blog