What is for certain is there is abundant uncertainty regarding the economic forecast for 2020. The growth rate of real GDP is expected to be less than 2019. According to a recent article examining the U.S. economy's future trends, one-third of economists surveyed in Q3-2019 forecast recession in 2020 with another 30% predicting recession well into 2021. Based on this information, it is safe to say we are in the midst of a slow-down that is likely to continue for the next 12-24 months.
Four Ways the Slowing Economy is Impacting the Third-Party (3PL) Warehousing Industry
Topics: Warehousing, eCommerce
The Shippers Group Opens 12th Distribution Facility
The Shippers Group is right there, where and when you need us. When an existing customer had an immediate need to open an additional distribution operation within their network, The Shippers Group was able to respond quickly to meet their need in Grand Prairie, TX. In fact, within 3 days of finalizing an agreement with their customer, TSG was up and running in Grand Prairie.
Topics: Warehousing, News Room
The Shippers Group Featured in 'Corporate Spotlight' by the Council of Supply Chain Management Professionals
The Shippers Group is excited to start off the new year as the featured Corporate Spotlight by the Council of Supply Chain Management Professionals (CSCMP)!
Topics: News Room
The Shippers Group Set to Attend Food Shippers of America's 65th Annual Conference
The Shippers Group will join primary shippers and receivers of food and related products on February 23-25 at one of the food industry’s most popular events, the Annual Food Shippers of America Conference. This year the conference is located in Orlando, Florida.
Topics: Transportation, Community