J.B. Hunt buys Walmart’s intermodal container and chassis fleets Deal includes a multi-year intermodal service agreement to haul retailer’s goods February 22, 2024 DC Velocity Staff No Comments Deal includes a multi-year intermodal service agreement to haul retailer’s goodsRead More
Ryder expands operations on U.S.-Mexico border as nearshoring trend grows Truck border crossing activity between the nations is up more than 20% since the pandemic, Ryder says February 22, 2024 DC Velocity Staff No Comments Truck border crossing activity between the nations is up more than 20% since the pandemic, Ryder saysRead More
Spot rates may have hit bottom, owner-operators and small fleets say Excess capacity could finally drop as rates hover near or below operating costs, Bloomberg / Truckstop survey shows February 21, 2024 DC Velocity Staff No Comments Excess capacity could finally drop as rates hover near or below operating costs, Bloomberg / Truckstop survey shows Read More
Retailers have finally “right-sized” inventory levels Bank of America analysis finds that wide swings of inventory have leveled off in relation to sales February 21, 2024 DC Velocity Staff No Comments Bank of America analysis finds that wide swings of inventory have leveled off in relation to salesRead More
Port of Oakland claims top rank for refrigerated export cargo Site increased its overall market share of reefer exports from 14.2% to 18.3% in 2023 February 21, 2024 DC Velocity Staff No Comments Site increased its overall market share of reefer exports from 14.2% to 18.3% in 2023Read More
Gartner: top-performing supply chains lead the charge in AI investments Best organizations will focus on productivity, rather than efficiency or cost savings, over next three years February 20, 2024 DC Velocity Staff No Comments Best organizations will focus on productivity, rather than efficiency or cost savings, over next three yearsRead More
January truck tonnage droops in “snap back to reality” ATA tracks 3.5% monthly drop in January after 1.2% rise in December. February 20, 2024 DC Velocity Staff No Comments ATA tracks 3.5% monthly drop in January after 1.2% rise in December.Read More
Port of Savannah sees 27% rise in January cargo moved by rail Overall volume for the month grew by 1.5% in TEUs, as port serves more inland customers February 20, 2024 DC Velocity Staff No Comments
Ocean carriers suggest bunker fee to drive down the price of green fuels WSC will bring “Green Balance Mechanism” proposal to IMO summit on net-zero carbon emissions February 16, 2024 DC Velocity Staff No Comments WSC will bring “Green Balance Mechanism” proposal to IMO summit on net-zero carbon emissionsRead More
Air Force runs trials with autonomous cargo planes Service tests aircraft from Pyka, Xwing to prime new tech in commercial markets February 16, 2024 DC Velocity Staff No Comments Service tests aircraft from Pyka, Xwing to prime new tech in commercial marketsRead More