As it gets closer to a $1.35 billion acquisition by DSV, logistics company UTi Worldwide opens new multimodal facilities in Southeast Asia to speed freight to Europe and the U.S.
William B. Cassidy
William B. Cassidy
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The National Automobile Dealers Association raised its forecast for 2016 U.S. car and light truck sales to 17.7 million units, a record high that will drive automotive freight and logistics demand.
Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
The Cass Truckload Linehaul Rate Index and Intermodal Pricing Index show the year-over-year growth in truckload pricing slowing to a crawl, while intermodal pricing falls lower.
Several long-anticipated rules and proposals for trucking may hit the Federal Register in the next two weeks, including the electronic logging mandate, a final rule on driver coercion and proposals...
More "abundant" truck capacity hasn't diminished shipper interest in dedicated truck fleets, as hardware retailer True Value demonstrated in a new agreement with Ryder System.
ODFL is offering some shippers a chance to ditch fuel surcharges, a step that could lead to LTL pricing more closely aligned with service and actual costs.
An increase in inventories in the third quarter and September is skewing the pre-holiday shipping season, depressing imports and overland freight demand.
Last year's increase in truck orders is showing up on U.S. highways and at large truckload fleets, pushing up the JOC Truckload Capacity Index to a seven-year high. But those new tractors are rolling...
After building to a crescendo in May and April, the number of U.S. transportation job openings has slipped for five straight months, though the numbers are still higher than a year ago.
Spot truckload rates have fallen relentlessly this year as U.S. freight demand dried up and contract capacity increased. Excluding fuel surcharges, however, dry van spot rates have "flattened," and...
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