News & Analysis
20 Nov 2020
Loadsmart more than tripled the amount of capital raised through a $90 million round announced Friday as it seeks to automate the brokerage and optimization of US domestic transport modes.
19 Nov 2020
Convoy has seen considerable volume growth for a program under which loads are pre-staged for drivers, prompting the freight broker to develop more predictive capability to route empty equipment to shippers’ facilities.
17 Nov 2020
Shippers will need to look not just at multiple transportation modes, but across modes, to secure capacity in 2021, digital broker Loadsmart said.
13 Nov 2020
Higher pay is just a starting point for the solution to a resurgent driver shortage, J.B. Hunt’s Shelley Simpson tells the JOC Inland Distribution Webcast. Greater efficiencies, more shipper cooperation are key to improving driver jobs.
12 Nov 2020
As contract freight volumes begin to rise year over year, more pressure will come to bear on contract truckload rates, DAT’s Chris Caplice told the JOC Inland Distribution Webcast.
09 Nov 2020
Small package optimization and analytics firm ShipMatrix is launching a third-party, non-asset package management service to tap US Postal Service capacity for e-commerce shippers.
06 Nov 2020
The number of new operating authorities issued to US trucking companies is surging alongside imports, but that doesn’t necessarily mean truckload capacity is increasing.
06 Nov 2020
With the entire Southern California supply chain overwhelmed by imports, harbor truckers are asking ocean carriers to suspend detention and demurrage charges until the congestion problems are fixed.
05 Nov 2020
An ‘insatiable demand’ for truck capacity and a US loan are helping LTL operator YRC Worldwide expand capacity and intermodal services in the Central-South.
05 Nov 2020
Rebid freight now or wait for what may be a calmer first quarter? That’s the question US truck shippers face, Echo Global Logistics chairman and CEO Doug Waggoner says.
03 Nov 2020
Capacity remains king in the US truckload market, as larger carriers face challenges hiring company drivers and owner-operators seek independent opportunities.
30 Oct 2020
US shippers are opening contract talks early, extending existing agreements, and seeking short-term contracts to hedge against expected 2021 rate increases.
26 Oct 2020
More large goods are being sold online and delivered by LTL carriers such as Southeastern Freight Lines, as retailers seek multiple capacity options to reach consumers
22 Oct 2020
Freight brokerage software provider Parade has set up direct integration with two companies that focus on digitally enabling small carriers, which gives brokers using Parade access to that capacity.
21 Oct 2020
Margin transparency is taking root among early-stage freight brokers, with cross-border 3PL Forager saying Wednesday it will provide clear pricing and service fees on any quote provided on its platform.
20 Oct 2020
A new drayage TMS provider aims to arm port carriers with modern technology to automate back office functions and better manage dispatch and customer engagement.
19 Oct 2020
Available drivers have been hard to find with such a sudden and sharp rise in domestic and international container flows, placing a great deal of strain on the fluidity of the supply chain.
16 Oct 2020
J.B. Hunt said intermodal results were worse than anticipated because of major network congestion in rail terminals and shippers sitting on containers, which may not ease until 2021.
15 Oct 2020
Long-haul trucking faces fiercer competition for truck drivers in the future and a shrinking pool of qualified driver candidates, ATA’s chief economist told the 2020 Transplace Shipper Symposium.
14 Oct 2020
The long run-up in spot market truckload rates and truck freight demand may be reaching its peak, but don’t expect a quick descent, speakers at the Transplace Shipper Symposium said Wednesday.
13 Oct 2020
An analysis of shipper transaction data shows a marked slowing of spot market rate hikes in September after a turbulent summer, perhaps pumping the brakes on the rise of contract rates
12 Oct 2020
This year’s peak season promises to be tumultuous, but 2021 could be just as difficult for shippers as 2020.
09 Oct 2020
Shippers are modifying their approach to truckload contracting, using more short-term “mini-bids” than ever before and turning to technology to improve a process that often breaks down when market prices swing quickly.
08 Oct 2020
As capacity tightens at the US-Mexico border, truckload carrier CFI is building a series of consolidation centers to expand its efforts to capture Mexico-bound less-than-truckload freight and provide shippers with more capacity.
07 Oct 2020
Logistics executives do not expect spot truckload rates to soar much higher, but they do not think they will drop either, forcing shippers to collaborate more.
06 Oct 2020
The purchase of Value Logistics gives Forward a bigger intermodal presence in the South-Central distribution hub as freight volumes of all types rise, said CEO Tom Schmitt.
06 Oct 2020
A widely-used drayage management solutions provider has added the truck parking marketplace SecurSpace to help drivers find parking and equipment storage options directly in their transportation management systems.
06 Oct 2020
DCLI is ending contracts with NVOCCs because it believes truckers are better partners in the merchant haulage business, but other chassis providers will not follow suit and plan to keep conducting business with everyone.
06 Oct 2020
The freight broker Transfix is providing small carriers with free standalone operational technology to align their capacity availability with needs from the company’s shipper customers.
05 Oct 2020
A substantial increase in heavy truck orders in September begs the question: Who will drive those trucks? Trucking employment is improving, but still down 4.7 percent year over year.
05 Oct 2020
Giving better volume forecasts to container lines and collaborating with truckload carriers can help shippers when capacity gets tight, but it’s higher rates that lock in the slot space on a vessel or guarantees a trailer load gets picked up when needed.
02 Oct 2020
A private equity group has plunged $500 million into Uber Freight, signaling that longer-term investors believe the business model of digital freight matching will gain traction in the years ahead.
01 Oct 2020
The new rate differential tracked by DAT chief scientist Chris Caplice is rising at a faster pace, a sign that shippers will see a greater increase in truckload contract rates.
30 Sep 2020
Shippers moving to mini-bids as truck capacity tightens need more detailed and near-real-time data to match freight lanes and tractor-trailers.
29 Sep 2020
TRAC chassis are in short supply in Columbus, Ohio, because the equipment provider said repairs were necessary on chassis returned from the cooperative pool that was disbanded last month.