The steep drop in fuel prices year-over-year and over the summer is driving fuel surcharges down, reducing overall spot market truck rates and putting pressure on intermodal pricing, too. DAT saw spot truck rates drop by a penny last week, although line-haul rates were unchanged, thanks to lower surcharges.
Cargo thefts are on the rise in Brazil as the economy struggles and has officially entered a recession.
Crime-tracking CargoNet expects a surge in freight theft in the U.S. over the Labor Day weekend, and reports cargo crime is rising in 2015.
The acquisition of three companies over the past year, the latest being Stagecoach Cartage in El Paso, gives Roadrunner Transportation Systems greater access to freight on both sides of the U.S.-Mexican border.
Manila’s two main terminals have launched a vehicle booking system that is expected to improve container flows into and out of the port as the Philippines’ peak shipping season approaches.
As peak season nears, U.S. domestic intermodal spot rates last month fell to their lowest point since September 2012, a result of intense competition from the over-the-road sector and weaker than usual demand, according to third-party logistics provider IDS.
A GT Nexus, YouGov consumer survey finds many shoppers complain of stock-outs even as retailers see inventory levels surge, a sign of increasing supply-chain complexity and low "visibility."
Truckers buying diesel fuel in the U.S. must think they've entered a timewarp, with the average U.S. diesel price tumbling by $1.30 per gallon over the past year to $2.51 per gallon, a price not seen since 2009. Oil markets proved volatile this week, but experts say oversupply is likely to keep a cap on crude and fuel prices for some time to come.
Truckers serving Conley Container Terminal at the port of Boston can use a newly-launched app to find out when containers are ready to be picked up, another sign of how technology is being tapped to improve port productivity
Harbor truckers in Los Angeles-Long Beach sincerely want terminal operators to succeed in their ground-breaking plan to develop a system of appointments throughout the harbor. But they fear that the logistics involved in coordinating as many as a dozen stand-alone trucker appointment systems will be very difficult to arrange.