trending
Sponsored Content
Unveiling the Future: Four Market Trends for the Trade Show and Events Industry for 2024 Awards Synergy Earns Double Gold at Hermes Creative Awards EXHIBITORLIVE News Exhibitor Group Issues Call for Proposals for Speakers and Session Ideas for Upcoming EXHIBITOR Learning Events Company News ASM Global Acts Joins With Leading Reuse Platform r.World to Eliminate Single-Use Plastic Across Venue Portfolio by 2025 Venues & Destinations Proof of the Pudding Continues to Expand with Another Midtown Event Space in 8West Venues & Destinations Raleigh Convention Center Expansion Project Poised to Break Ground Associations/Press UFI Announces Winners of 2024 Next Generation Leadership Grant Programme Associations/Press EDPA and 2XL Imaging to Host Entrepreneur and Motivational Speaker Brandon Steiner on June 19 Company News Aluvision Grows with Las Vegas Showroom & Parts Depot submit your news
email newsletter
|
Company News
EFW Monitoring Potential Disruptions to the Transportation Industry Poised to Impact Trade Shows Nationwide
7/24/2023
RICHMOND, VA – Estes Forwarding Worldwide (EFW) is monitoring potential labor disruptions to the trade show transportation industry. "Ongoing labor negotiations between United Parcel Service (UPS) and the Teamsters union are reaching a key milestone on July 31, with a nationwide labor strike a potential outcome," said Ernie Magalotti, SVP of Trade Shows at Estes Forwarding Worldwide. "In addition, Yellow Corporation, the parent company of Yellow Freight, the country's third largest 'less than truckload' carrier, is currently at risk of shutting down operations. If either of these disruptions occur this summer, significant impacts across the U.S. supply chain will be felt and could have a rippling effect on event logistics. "UPS has more than 40% share of the domestic small package market. Its competitors, including FedEx and other providers, will not be able to absorb the overflow in volume, likely resulting in mode shifting to LTL and Truckload. In the case of Yellow, with approximately 10% market share, there is some capacity in the LTL sector to consume this freight, but it will be seriously disruptive in the short term. This reduction in capacity will likely impact all transportation providers to some degree. If these disruptions happen simultaneously, the impacts will be even more significant." "In anticipation of either of these events, we want to create awareness of the potential impacts to trade show and event logistics," added Magalotti. Potential Impacts on Trade Show and Event Logistics Trade show exhibitors who are preparing now to ship materials for events this summer and into the fall should be considering the following:
EFW Tradeshow is closely monitoring this situation. If you have any questions, please contact our team at 484.637.9333 or email Ernie Magalotti at Ernie.magalotti@efwnow.com. Contact: Ernie.magalotti@efwnow.com More information about EFW Tradeshow... |
FIND IT - MARKETPLACE
|
|
||||||||||||||||||||||||||||
TOPICS Measurement & Budgeting Planning & Execution Marketing & Promotion Events & Venues Personal & Career Exhibits & Experiences International Exhibiting Resources for Rookies Research & Resources |
MAGAZINE Subscribe Today! Renew Subscription Update Address Digital Downloads Newsletters Advertise |
FIND-IT Exhibit & Display Producers Products & Services Supplier to Supplier All Companies Compare Get Listed |
EXHIBITORLIVE Sessions Certification Exhibit Hall Exhibit at the Show Registration |
ETRAK Sessions Certification F.A.Q. Registration |
EDUCATION WEEK Overview Sessions Hotel Registration |
CERTIFICATION The Program Steps to Certification Faculty and Staff Enroll in CTSM Submit Quiz Answers My CTSM |
AWARDS Sizzle Awards Exhibit Design Awards Portable/Modular Awards Corporate Event Awards Centers of Excellence |
NEWS Associations/Press Awards Company News International New Products People Shows & Events Venues & Destinations EXHIBITOR News |
||||||||||||||||||||
|