Getty Images [Ensure you have all the info you need in these unprecedented times. Subscribe now.] The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic. American Trucking Associations Chief Economist Bob Costello said the jobs report, […]
Trucking Fares Better Than Overall Economy, Experts Say Read More »
CHICAGO, Aug. 12, 2020 /PRNewswire/ — Barchart, a leading provider of market data and technology services to the financial, media and commodity industries, has announced a new exclusive partnership with BulkLoads.com, the largest online bulk freight-matching marketplace. Through this partnership, the two firms will collaborate on product development initiatives, including the integration of BulkLoad.com’s transportation management system (TMS)
Article written by Jeff Berman In a mid-quarter update of the Coyote Curve by Coyote Logistics, a subsidiary of freight transportation and logistics services bellwether UPS, provided a wide-ranging overview of the freight market conditions, from three different perspectives: a look back at the second quarter; expectations for the third quarter; and a 2020-2023 forecast.
Mid-quarter Coyote Curve takes a look at past, current, and future freight trends Read More »
Article written by Mark Solomon High costs, low margins keep providers away Final mile remains daunting (Image: Shutterstock) Third-party logistics providers (3PLs) have, for the most part, been bystanders as the e-commerce gold rush surges past. The reason for the laggard status is the 3PLs’ inability to master the all-important yet challenging final-mile delivery component.
Final-mile issues hamstring 3PLs’ e-commerce fulfillment growth Read More »
Outgoing TIA chief Voltmann to advise software company’s board. Logistics technology provider Cargo Chief Inc. said today that it has raised additional capital in its latest fundraising round, and will be expanding its team and introducing additional services for its trucking capacity sourcing tool for freight brokers. Terms of the deal were not disclosed. Millbrae,
Cargo Chief raises new funding for freight capacity sourcing tool Read More »
Article written by Greg Miller Rates now top $3,000 per 40-footer — and they’re still rising Shippers race to bring cargo into California (Photo: Port of Los Angeles) China-U.S. West Coast container rates continue their astonishing climb. Not because of too little vessel supply, but because of too much import demand. U.S. import demand that
Trans-Pacific ‘going crazy’ as demand defies pandemic pessimists Read More »
Article written by Michelle Mooney Last-mile logistics real estate company Mileway has extended a lease with DHL Supply Chain for a further four years. Blackstone Real Estate launched Mileway in September 2019 and owns and operates over 1,000 industrial properties across the UK, France, Germany, Spain, Italy, the Netherlands and the Nordics. The new contract
Mileway extends DHL Supply Chain lease Read More »
Article written by Alan Adler Daimler’s Customer Experience Fleet aims to amp interest in electric trucks J.B. Hunt Transport completed its first delivery with a Freightliner eCascadia Class 8 electric truck. (Photo: J.B. Hunt Transport) J.B. Hunt Transport Inc. is running drayage from the Port of Los Angeles in a Freightliner eCascadia battery-electric truck. The
J.B. Hunt gets dibs on trying out Freightliner electric eCascadia Read More »
Article written by Nathan Owens J.B. Hunt Transport Services Inc. recently made a delivery using an all-electric, heavy truck as part of its sustainability efforts. The delivery was the start of a three-month testing phase for J.B. Hunt, with plans to use the rechargeable 8-class truck for daily operations in Los Angeles. Subsidiary J.B. Hunt
J.B. Hunt tests all-electric big truck for deliveries Read More »
Article written by Ashley Coker (Photo: Jim Allen/FreightWaves) The transportation and logistics industry is rife with unpredictability, and shifting market conditions can cause a company’s equipment needs to change dramatically from one moment to the next. Buying or leasing equipment to meet surging demand can backfire once the market cools off and the carrier is
Short-term rentals give carriers the flexibility to survive downturns Read More »
