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…
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…
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…
As freight volumes have risen over time, the U.S. also has seen a steady increase in the number of new for-hire trucking companies authorized each year. Over the past 20 years, the upward trend has…
The new year will be a story of contending tailwinds and headwinds,’’ according to a 2021 economic forecast by U.S. Xpress. The forecast, from one of the country’s largest truckload fleets, looks at economic indicators…
BNSF wants to speed up intermodal service with new capital projects so it can grab a larger piece of e-commerce freight, according to the company’s head of intermodal marketing.
BNSF, a unit of Berskshire Hathway…
The slide in spot rates over the last few months is more a function of a shift in driver and shipper behavior than the start of any sort of broader slide in the freight market…
Spot truckload freight activity in June rallied to record highs for the number of available loads, while rates rose to their highest points in nearly two years, according to the DAT Freight Index…
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