STG’s Vice President of Pricing to Discuss Nearshoring, ESG Initiatives and Excess Capacity at JOC Inland24 Conference
Next week, STG Logistics’ Vice President of Pricing, Gary Ahlstrom, will join experts from around the country at the Journal of Commerce Inland Distribution Conference in Chicago, IL. The conference will bring shippers, logistics companies, brokers and forwarders, warehouses, truckload carriers and supply chain technology providers together to grapple with the varying challenges our industry is facing.
Ahlstrom will be joining the panel “Intermodal III: Domestic Intermodal Pricing.” The session will cover whether intermodal prices are delivering adequate cost savings to shippers and whether truckload opportunities are too competitive to pass up.”
“Shippers are wondering what the future of the market looks like,” Ahlstrom said.
“It’s understood that the current rates – which have been depressed for the last two years – are unsustainable. Customers know that increases are imminent, and they want to understand what they might look like in advance of bid season.”
According to Ahlstrom, the market is experiencing significant uncertainty. West Coast ports are extremely busy while the East and Gulf Coasts are preparing for a potential strike. The excess container capacity added during the COVID-19 pandemic remains idle, awaiting profitable intermodal volume to catch up to it.
The panel discussion, which will be held at 3:50 p.m. CST on October 1, will tackle a wide range of topics, including the reality of customers’ ability to prioritize green initiatives, the opportunities nearshoring offers and what shippers can anticipate from RFPs in the new bidding season.
“This market is a challenge to everyone,” said Ahlstrom. “Moderate rate increases will bring us back to an equilibrium that works for everyone.”
As North America’s largest provider of port-to-door services and supply chain solutions, STG Logistics excels through a strategic synergy of people, technology and an extensive network of assets and facilities across North American. We have an informed, customer-oriented team that is well-positioned to help organizations navigate this dynamic market.
