Tagged: FreightRates

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Trucking may have peaked, analysts say

Data from the Council of Supply Chain Management Professionals’ Logistic Managers Index shows that between May 2020 and February, inventory costs, warehouse prices and transportation prices were between 27 to 39 points higher than the…

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Freight Market Robust, Analysts Say

The list of things to like from the current economic, freight and commercial vehicle demand perspectives is long, according to ACT Research’s latest release of the North American Commercial Vehicle Outlook. “From the freight perspective…

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Freight Rates Push Vehicle Demand

Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…

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Fleets Expect Strong Growth This Year

Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. As…

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Amazon Rolls Out Freight Brokerage

Amazon last month rolled out its freight brokerage operation nationwide, a strategic move that not only brings the company into competition with other large digital brokerages like Uber Freight and Convoy, but also is intended…

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Freight Brokers Drawing Scrutiny

The Owner-Operator Independent Drivers Association (OOIDA) wrote to Congress in May asking for intervention to make sure that freight brokers are paying truck drivers fairly. For several weeks, truckers across the country have been demonstrating

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