It's Show Time! Wrapping up at Fancy Food and Winter NAMM
01/30/2018 — Jen Deming
It's winter tradeshow season here at PartnerShip, and this year two of our favorites are taking place back to back! Senior Program Manager Harry Centa attended both the Winter Fancy Food and NAMM Shows, jet-setting from San Francisco to Anaheim, California, taking in all the music and tasty snacks one could handle over the course of a week.
First up was the Winter Fancy Food Show, put on by the Specialty Food Association and created for industry leaders and innovators eager to exhibit the future of specialty food! Over 80,000 products are exhibited, with plenty of samples and take-homes to enjoy and share. Thought leaders plan sessions on buying, storefront trends and hot new flavor profiles to expect for 2018.
Harry set up shop in the lobby, helping SFA exhibitors prep their event shipments' return trips home and answer any questions about PartnerShip and the shipping services we provide members. The show is also a great opportunity to re-connect with association members and recognize industry leaders with awards honoring creativity and culinary excellence.
After receiving his fill of tasty treats, Harry traveled to Anaheim for the Winter NAMM Show, where artists, tech experts, and music lovers unite twice a year to share industry trends, education, and of course, enjoy live music! The bi-yearly event, put on by the National Association of Music Merchants, serves as a gathering place for industry leaders who want to expand and present the newest innovations in musical development, sound recording, lighting technology and serves as a platform for educational programs promoting the importance of making music.
Now entering its 117th year, the show features over 7,000 brands and five stages featuring live concerts from up and coming musical artists, as well as quite a few big names. One of the highlights of the show included the Breakfast of Champions with special guest Bob Weir of the Grateful Dead as well as She Rocks Awards at the House of Blues, honoring women in music with a performance by Melissa Etheridge.
From snacks to songwriting, the Fancy Food and NAMM shows allow PartnerShip the opportunity to say hello to old friends and meet business owners and industry professionals who can benefit from their association memberships. These are two of the most anticipated events we visit during the year, and we would like to thank all of the attendees and exhibitors who helped make them such great shows!
Trade show shipping can be nerve-racking and a bit confusing for exhibitors. Nobody knows this better than Jennifer Hammersmith, our Customer Service Manager. Her team helped exhibitors ship to 215 different trade shows last year, and she has seen it all. I asked her a few questions and she was kind enough to share some wisdom about what exhibitors can do to make everything go as smooth as possible.
How far in advance should you get a quote for your exhibit shipment?
One to two months out from the show is the ideal time to get a quote. Any farther out and rates may change due to fuel. But you don’t want to wait until the last minute either. Use the advanced warehouse rather than shipping directly to the show site to ensure your exhibit materials are ready to go for the show.
What tips do you have for first time exhibitors?
Don’t overdo it. Start small with a 10x10 booth and a modest stock of product. Your first year is a great time to learn and gather new ideas. Once you’re there, make sure to walk the show floor to look at what other exhibitors are doing and to get inspiration. Also, take plenty of notes about what worked and what didn’t. That way when you plan for the following year you’ll be ready to take it bigger.
What is a common question you get from exhibitors?
Exhibitors usually ask about the roles between PartnerShip, the carrier, and the decorator. As the broker, PartnerShip helps exhibitors set up their shipment. One of our customer service representatives will recommend specific days to ship your materials out, secure a discounted rate with the carrier, and help you schedule your shipment. The carrier then picks up and delivers your shipment. Once it arrives, that’s where it’s handed off to the show decorator. The decorator is responsible for the drayage and material handling, meaning they get it to your booth.
What’s the best way exhibitors can plan around bad weather?
The advance warehouse exists for a reason. Take advantage of it and ship early! Keep an eye on the weather – not just in your city and the show city, but also nationally. Think about what happens to airlines when one city is hit with a bad storm. Flights in and out of that city aren’t the only ones affected. Airlines will often have to delay and cancel flights across the board. Shipping is very similar. Bad weather in one area affects a carrier’s network all across the country, causing costly disruptions.
Ship early (have you noticed a trend?). It’s the best way to ensure you’re all set for the show. If there’s damage to your shipment or you experience delays due to weather, you’ll have time to create a contingency plan.
Use bright, unique packaging. The best way to think about this is how you mark your luggage when flying. The more you can make your luggage stand out, the easier it is to identify it as it comes through baggage claim. A simple way to do this is to find patterned duck tape and wrap it around your container.
Track and confirm delivery. When you confirm delivery with the decorator you can also have them send you a picture. That way you’re able to see if there’s any visible damage ahead of time. This extra step will save you from potential heartache when you arrive to the show.
Take a picture of your freight before it leaves. If you have a picture of your freight (with a time-stamp if possible), you can easily help the carrier or decorator locate it if it’s lost. You’ll also have evidence of its prior condition if it sustains damage during transit.
Create a pack list. If the shipment is lost or damaged, you’ll have all the information you need ready to go. Include a list of your products, along with the quantity and costs.
Be prepared for the worst case scenario. To compare trade show shipping to flying again, think of how you might protect yourself against lost baggage by putting some essentials in your carry-on. Bring some extra product or collateral in your luggage, just in case something happens to your shipment. Also, think of all aspects of the show – not just your shipment. Have a plan for if you encounter any other disruptions like delayed/canceled flights or the wrong carpet in your booth.
There are a lot of things that can go wrong when you’re exhibiting at a trade show, but if you follow Jennifer’s advice, you’ll be in good shape. If you have a show coming up, you can reach our customer service team by calling 800-599-2902 or emailing sales@PartnerShip.com - or simply request a quote by clicking below.
High Freight Rates and Tight Capacity: What You Can Expect
01/22/2018 — Leah Palnik
If you’ve been experiencing sticker shock from unpredictable freight rates lately, you’re not alone. Shippers are seeing a lot of volatility in the truckload and LTL market, with no end in sight.
2017 ended with tightened capacity and record rates. By December, the average van rate was $2.11 per mile (DAT) – an all time high. The load-to-truck ratio was also breaking records at the end of the year, with 9 load postings for every truck posting in December.
Coming off of a record high December, capacity continues to be tight in January – particularly with reefers since they’re needed to keep freight from freezing in the coldest parts of the country. DAT reported that the national load-to-truck ratio at the beginning of the year was the highest ever recorded at 25.2 reefer loads per truck. During which, the reefer rate was at a high $2.71/mile. Van rates have also been breaking records. According to DAT, they were at $2.30/mile on January 6.
So what can shippers expect going forward? Let’s look at the trends. We saw a bit of a recession in 2015 and 2016 with rates and load-to-truck ratios declining, but that appears to be over. Rates climbed throughout 2017 and we can continue to expect increases in 2018.
Overall, the U.S. economy is healthy right now and is growing, increasing freight demand. In contrast, the trucking industry is dealing with the aftermath of the ELD (electronic logging devices) mandate. Not only do they need more drivers and more equipment on the road to handle the same amount of freight, but they are also contending with a long running driver shortage. All of this equals tightened capacity, which is becoming the new normal in the industry.
Recent weather events have been driving up rates as well. Areas of the U.S. that don’t typically experience extreme cold or snow have been hit by treacherous weather that has led to dangerous conditions including low visibility and icy roads. In a tight capacity market, these conditions drive up rates even more.
In February we can expect to see capacity loosen some (barring any winter storms or other troublesome events), as this is typically the slowest time of year for freight. However, you’re likely to see higher rates than you have in years past, because of the long-term trends.
In April, drivers not complying with the ELD mandate will be put out of service. Up until then, inspectors and roadside enforcement personnel are simply documenting and issuing citations if a truck isn’t equipped with the required device. As a result, we may see some ripple effects. There could be fleets that have held out or hoped to fly under the radar until April. There could also be another wave of trucking companies exiting the market, which will leave a void in the already tight market.
Now it’s more important than ever to find ways to mitigate the impact of this tightened capacity. Plan ahead so you can be flexible. Providing more lead time and giving your carrier a longer pickup window rather than a specific time can lessen the strain on its network. Planning ahead can also help you shift to more committed freight and away from the spot market. The spot market is more sensitive to disruptions and subject to reactionary pricing spikes.
Luckily you don’t have to navigate the freight market alone. When you work with PartnerShip, you benefit from our large network of carrier partners and our shipping expertise. We help you ship smarter with competitive rates and reliable service. Get a quote today!