Article written by Todd Dills By April, freight in hotshot sectors had fallen off the cliff. Some direct clients had shut down entirely. Many hotshotters were relying on spot loads that everybody and his brother also were relying on — or at least hoping to. Now imagine your three-truck business and its equipment is barely a year …
S2 Transport: A small-fleet stepping stone to bigger things Read More »
Article written by Seth Holm This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for …
FTR reports that its Shippers Condition Index should stabilize throughout the year. “However, a tightening of the trucking spot market in June may foreshadow less robust conditions for shippers in the near term,” according to FTR. FTR’s Shippers Conditions Index (SCI) for May fell sharply to 24.8 from the extraordinarily high pandemic-impacted 41.3 April reading. …
FTR: SCI for May falls sharply, remains historically high Read More »
Article written by Cristina Commendatore According to a private industry notification from the FBI, research into a selection of self-certified ELDs found the devices did “little to nothing to follow cybersecurity best practices and were vulnerable to compromise.” In a private industry notification, the Federal Bureau of Investigation’s (FBI) Cyber Division warned that cyber criminals could exploit …
BluJay Solutions, a leading provider of supply chain software and services, has released version 20.2 of its transportation, distribution, and compliance software applications. BluJay’s latest version offers expanded capabilities to provide advanced data sharing, capacity planning, and shipment tracking to optimize payment, insurance, and compliance processes across global supply chains. “Over the last several months …
BluJay’s Latest Software Releases Empower Global Supply Chains to Navigate Disruption Read More »
Article written by Todd Maiden Management will no longer ‘wait’ on perfect time to advance growth initiatives Forward Air truck on highway (Photo: Jim Allen/FreightWaves) Forward Air (NASDAQ: FWRD) will continue to pursue the less-than-truckload (LTL) market more heavily now that the worst of the pandemic-related freight declines appear to be in the rearview mirror. …
Forward Air to expand pursuit of traditional less-than-truckload market Read More »
Innovation makes it easier to identify waste and inefficiencies while meeting customer demands and minimizing operational disruption. Editor’s note: The following column by Dave Norton, Vice President, Customer Solutions and Support, The Raymond Corporation, is part of Modern’s Other Voices column, a series featuring ideas, opinions and insights from end-users, analysts, systems integrators and OEMs. Click here to learn about submitting …
Other Voices: Five supply chain tips to prepare for the future Read More »
Article written by Todd Maiden TL volumes and rates expected to turn positive On its second-quarter earnings call with analysts, members of truckload (TL) carrier Schneider National’s (NYSE: SNDR) management team said they expect TL volumes to be higher year-over-year in the third quarter. Prior to the market open on Thursday, the Green Bay, Wisconsin-based …
Schneider eyes deployment of growing cash balance Read More »
Image: FourKites FourKites has introduced Dynamic Yard, a new software that gives companies visibility all of their facilities based on real-time, in-transit, and in-yard freight data and analytics. The new software can reduce detention costs and optimize operations, according to the company. Dynamic Yard integrates yard, dock, and gate control products acquired from TrackX with …
Road Ready by Truck-Lite, a Clarience Technologies brand, offers a complete overview of a trailer’s environment, inside and out Clarience Technologies is participating in a program with Penske Truck Leasing and Penske Logistics to evaluate its Road Ready by Truck-Lite trailer telematics system. Launched in 2017, Road Ready offers fleets a complete overview of a trailer’s environment, both inside and out, using a …
Penske Leasing, Penske Logistics testing Road Ready trailer telematics Read More »
