Rates, volumes increase as shippers use the spot market to resolve imbalances in their freight networks. Bucking seasonal trends, the surge continues in spot market rates across all equipment types, according to DAT Freight & Analytics, which operates the industry’s largest online marketplace for spot truckload freight. The DAT Truckload Volume Index, a measure of dry […]
2020
Article written by Andrew Cox This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 80 (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
Redwood Logistics today announced the addition of Mike Reed as Chief Product Officer. Reed joins the Redwood executive team to drive advances in the company’s services, technology solutions, and partner commercialization strategy. His resume comprises 15 years of logistics experience, including his most recently held roles with Project44 as Chief Strategy Officer and at Echo
Article written by John Kingston BulkLoads.com, the online load board to match truck capacity to haulers needing to move bulk commodities like grains, has signed a deal to have its transportation management system (TMS) built into a third-party platform. Jared Finn, the operating partner with BulkLoads, said his service will be built into the commodity
Article written by Natalle Gagliordi Verizon on Thursday released details around its initiative to enhance the GPS accuracy of the phones, drones, and IoT devices that run on its network. The company said it’s been building and deploying Real Time Kinematics (RTK) reference stations to its network that are meant to provide hyper-precise location information
Article written by Michelle Mooney Asda has renewed its reverse logistics contract with XPO Logistics for a further three years – extending a partnership that goes back to 2002. XPO will continue to manage the logistics of Asda’s product trays across nine sites. The returned assets will be washed, inspected, and then reused for product
Hyper Precise Location with Real Time Kinematics (RTK) represents the next evolution in mass market GPS solutions — Hyper Precise Location solution provides centimeter-level location accuracy, in comparison to an accuracy level of three to nine meters with GPS alone — Real Time Kinematics (RTK) will redefine the possibilities of IoT with hyper-precise location data
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,
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.