US truck driver detention continues to disrupt landside supply chains, but 3PLs and technology firms are redoubling efforts to help shippers optimize the flow of trucks through their gates.
Chassis shortages are disrupting rail ramps in Chicago for the second consecutive year, but cargo flow through other inland markets outside the Upper Midwest is more fluid than a year ago.
As the global energy transition gains momentum, a “mismatched” market will become more complex, partitioned, and costly, according to Jim Burkhard, head of oil market research at S&P Global.
The debate over whether a freight recession is starting in US trucking is getting hotter as spot rates decline but other demand and pricing indicators stay positive.
Port truckers who left to start their own companies in Savannah last fall are re-engaging with former employers as they struggle to find loads to haul amid the recent decline in dray rates.
Uncertainty surrounding the timing and speed at which Shanghai’s logistics sector will fully reopen after COVID lockdowns is making it difficult for US shippers and forwarders to plan for the second half of the year.
Amazon Freight has created its first direct integration with a transportation management system provider, piping its capacity of 40,000 owned trailers and third-party drivers to MercuryGate’s base of shipper users.
The share of US imports from China compared to all Asia imports plunged roughly 6 percentage points between February and April amid COVID-19 lockdowns in Shenzhen and Shanghai.
Truckload spot rates out of California have fallen for five straight months, but some believe demand will rebound as the COVID outbreak in China subsides and front-loaded cargo ordered to beat potential labor disruption on the West Coast hits the ports.
Forward Air is acquiring a Seattle-based drayage company as part of its strategy to direct more transloaded international container freight to its expedited LTL network.