Trucking Logistics

“He isn’t focused on intermodal.”

Future partners focus on better utilizing assets as excess capacity keeps pressure on truckload rates.

Higher industrial output helped increase the frequency and weight of LTL shipments in the first quarter at Old Dominion Freight Line.

Higher freight demand fails to absorb excess truckload capacity, pushing down rates and tightening margins for largest US freight broker.

The new law is modeled on the International Maritime Organization’s Safety of Life at Sea (SOLAS) amendment, which took effect on July 1, 2016.

More shippers are putting freight lanes up for bid, Covenant Transportation Group executives say.

Installation of the new Tideworks Technology system at San Juan follows the rollout of the system last September at Crowley’s Port Everglades, Florida terminal.

UPS's Mark Modesti believes smaller shippers increasingly are drawing near an "inflection" point when it comes to adding technology and changing processes to control inventory. They need to get past that point to survive and grow.

The bill passed the Senate on a 26-to-5 vote, and has cleared the House Transportation Committee.

Spot market truckload rates are rising on higher demand, but contract rate hikes are being slowed by market uncertainty and excess capacity.