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It’s a mixed bag for truckers. Truckload spot rates continue to bounce along the bottom, while contract business is struggling to hold its own. And while Yellow’s bankruptcy boosted the LTL market for a time, last year’s freight recession continues to linger. Are there any green shoots out there?
It’s a mixed bag for truckers. Truckload spot rates continue to bounce along the bottom, while contract business is struggling to hold its own. And while Yellow’s bankruptcy boosted the LTL market for a time, last year’s freight recession continues to linger. Are there any green shoots out there?
While freight tech’s innovation boom is still going strong, users want their transportation management systems to deploy faster, integrate easily with new apps, and drive more savings through basic freight operations management.
While freight tech’s innovation boom is still going strong, users want their transportation management systems to deploy faster, integrate easily with new apps, and drive more savings through basic freight operations management.
Rail container and trailer volumes are down over 9% from last year, and there’s little prospect of relief so long as domestic destocking continues and international ocean traffic remains soft. Oh, and analysts see no uptick until late 2024.
Rail container and trailer volumes are down over 9% from last year, and there’s little prospect of relief so long as domestic destocking continues and international ocean traffic remains soft. Oh, and analysts see no uptick until late 2024.
The maritime industry breathed a sigh of relief as West Coast ports inked a labor agreement. The next challenges: the effects of climate change, a tepid global economy, new environmental regs, and a looming capacity glut.
The maritime industry breathed a sigh of relief as West Coast ports inked a labor agreement. The next challenges: the effects of climate change, a tepid global economy, new environmental regs, and a looming capacity glut.
Summer is shaping up to be one for the history books as the market contends with UPS’s labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand.
Summer is shaping up to be one for the history books as the market contends with UPS’s labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand.
Even as trucking begins to find some balance, fleet managers face renewed challenges on many fronts as they work to keep trucks rolling and drive every ounce of efficiency into their operations.
Even as trucking begins to find some balance, fleet managers face renewed challenges on many fronts as they work to keep trucks rolling and drive every ounce of efficiency into their operations.