Werner taps into Trucker Tools small carrier capacity pool

Werner is the latest broker to use software from Trucker Tools to tap into the app provider’s reach into the North American small carrier and independent driver population.

Procurement bot software attracts VC support

More venture capital is being funneled toward logistics automation tools, this time a large early stage round in an Ireland-based software provider that build procurement bots for shippers.

JOC Uncharted: Trucking bankruptcies rising, but not to ‘catastrophic’ levels

Lower fuel prices and operating costs are helping small trucking businesses survive the worst economy since the 1930s, according to Donald Broughton, which means shippers may find more truck capacity and less pricing pressure than expected this fall.

US top ports expect moderate import rebound in second half

All 10 of the busiest US cargo ports registered declines in container volumes in early 2020, with only modest improvement forecasted for the second half of the year due to a muted peak season.

Tight space insulates trans-Atlantic air cargo rates

Air freight carriers are reporting high load factors on trades between Europe and the US, as falling demand continues to outstrip the available capacity.

Essential Reads

Carriers say container booking cancellations, and the failure of importers and exporters to notify them of the cancellations, are contributing to supply chain disruptions during the coronavirus disease 2019 (COVID-19).
The current round of government support appears to have rekindled the debate over whether such influence is detrimental to the container shipping industry.
Containerized agricultural exports surged in the first quarter over the year-ago period when China’s tariffs on many US commodities crushed ag exports to China.
A wave of government support measures and the rising threat of overcapacity speaks to the pain on the way, even if carriers have shown they’ve learned from the 2008-2009 global financial crisis not to pull punches when it takes to cutting capacity quickly.
Walmart remained atop the list of the 100 largest US importers by a wide margin in 2019, while Koch Industries retained to the No. 1 export spot.