Higher freight demand fails to absorb excess truckload capacity, pushing down rates and tightening margins for largest US freight broker.
William B. Cassidy
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More shippers are putting freight lanes up for bid, Covenant Transportation Group executives say.
UPS's Mark Modesti believes smaller shippers increasingly are drawing near an "inflection" point when it comes to adding technology and changing processes to control inventory. They need to get past...
Spot market truckload rates are rising on higher demand, but contract rate hikes are being slowed by market uncertainty and excess capacity.
Werner Enterprises and Heartland Express follow J.B. Hunt in reporting a rise in freight demand as the second quarter gets under way.
If it gets regulatory approval, a futures market for truck freight rates, based on DAT data, could help shippers mitigate pricing risks as the market gets more volatile.
Facing tougher customer demands and more supply chain complexity, shippers increasingly want and need to collaborate with transportation partners. It doesn't happen overnight.
XPO Logistics won victories over the Teamsters in elections at two facilities, but the union won a vote in New Jersey.
Shippers and logistics operators at recent conferences didn't expect a massive capacity crunch to follow the rollout of an electronic logging mandate this year, but truckers warned there will be an...
Knowledge is power in contract talks, shippers at the NASSTRAC conference say.
Only half the truckload, less-than-truckload, and specialized carriers on the list increased sales in 2016.
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