Month: August 2020

Barchart Announces Strategic Partnership with BulkLoads.com for Commodity Transportation Marketplace

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) …

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Mid-quarter Coyote Curve takes a look at past, current, and future freight trends

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. …

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Final-mile issues hamstring 3PLs’ e-commerce fulfillment growth

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. …

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Cargo Chief raises new funding for freight capacity sourcing tool

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, …

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Trans-Pacific ‘going crazy’ as demand defies pandemic pessimists

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 …

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J.B. Hunt gets dibs on trying out Freightliner electric eCascadia

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 …

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J.B. Hunt tests all-electric big truck for deliveries

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 …

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Short-term rentals give carriers the flexibility to survive downturns

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 …

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Logistics Plus is Once Again Named to the Inc. 5000 Annual List of Fastest-Growing Companies

ERIE, PA (August 12, 2020) – Logistics Plus Inc., a leading worldwide provider of transportation, logistics and supply chain solutions, is proud to announce it has been included on Inc. magazine’s 39th annual Inc. 5000 list, an exclusive ranking of the fastest-growing private companies in America. Logistics Plus has an official rank of 2086 on …

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