Trucking

More freight density, a tighter point-to-point network and better data have enabled successive rounds of transit time cuts at Roadrunner, which company executives claim is gaining shipments.

Pricing for refrigerated truckload service is shooting up along the US-Mexico border and outbound from California, in some cases by more than 20 cents per mile from April’s averages, as fruit and vegetable crops start moving to market.

Trailer marketplace technology provider vHub estimates a quarter of truckload trailers are out of network for the nation’s carriers, with an abrupt shift in demand exacerbating that dislocation.

Greater demand for manufactured goods, especially automotive parts, is spurring Mexico-to-US cross-border trucking, with more nearshoring of production on the horizon.

Flexport has lured a key figure in the development of Uber Freight and Coyote Logistics in a move likely to shake up the domestic third-party logistics market.

Many businesses are being forced to tighten controls over how goods are shipped and who they ship them with, but the technology that helps them may also be used against them, according to industry sources.

Excess capacity is lingering in US freight markets because fewer carriers than expected have gone bankrupt so far this year, analysts say.

US trucking companies added jobs for the second straight month, but the employment wave hasn’t reached package delivery firms or warehouses.

New York-New Jersey port truckers who worked five days per week last year are now down to about half that amount, sending spot drayage rates well below levels seen in 2021 and 2022.

Canada’s largest trucking holding company is acquiring smaller LTL operators on both sides of the US border, expanding its network and services via “tuck-ins” in a soft freight market.

Shippers are moving more freight in the US Southwest, and paying more to do so, despite weak trucking markets elsewhere in the country, according to U.S. Bank.

Transportation observers believe the dueling complaints could have implications for the US spot truckload market because DAT is a primary source of available loads that brokers and carriers use to fill their pools of owned or third-party capacity.

International air express carrier DHL is building out its US footprint to gain greater density and reach in its largest market, its CEO for the Americas says.

Echo Global Logistics, Coyote Logistics and prominent transportation management system vendors Oracle and e2open are among new members adding momentum to a truckload appointment scheduling initiative.

Funds will go to projects that focus on reducing emissions from port-related truck idling, particularly in communities adjacent to ports.

Yellow, the largest Teamsters employer in the US less-than-truckload sector, says it is willing to negotiate a new contract a year early as it tries to remove roadblocks to consolidating its network.

Package volumes at the largest US package carrier by revenue fell farther than expected in the first quarter, especially in March, thanks to shifts in spending, UPS executives said. 

The Intermodal Association of North America is adding its voice to the chorus of opposition against a federal push to reclassify independent workers.

An unadjusted 9.3 percent gain in tonnage from February reversed a slide in freight volumes but paled in comparison with increases in 2022 and 2021, data show.

Transportation and logistics companies continue to grow by acquiring competitors, and although the wave of acquisitions may have crested there is still plenty of opportunity in a soft market.