Today’s Pickup: Truck orders approach record highs
New truck orders jumped in January, reaching their second highest level on record, according to data from FTR and ACT Research.
New truck orders jumped in January, reaching their second highest level on record, according to data from FTR and ACT Research.
Transport stocks were not immune to the big sell-off on Wall Street on Monday, with the Dow Jones Transport Index falling 336.77 points to 10,350.41, a 3.15% fall on the day.
Supply chains are such a complex enterprise, that it’s nearly impossible to solve any one problem without it impacting another part of the chain. That was one of the main points that Michael Zargham, founder and CEO of BlockScience, said during a discussion last month in New York City.
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The Nuro is a self-driving vehicle designed to run your errands for you. It is poised to change the way that businesses interact with their local customers.
China’s ambitious Belt and Road Initiative (BRI) is slated to head north to the Arctic, Reuters reported. Global warming has opened up new shipping lanes that China plans to exploit.
An open letter by “A thousand upset truckers” to the Northwest Seaport Alliance (NWSA) was posted on the Facebook page of PierTrucker.com/Seattle, declaring its opposition to the planned phase-out of trucks with pre-2007 engines contained in proposed House Bill 2601.
In spite of a sea change in technology, the US DOT report released Jan. 31st, says the costs of rigorous data collection and analysis would likely outweigh the benefit. Instead, they provide a lot of data from 2013-2014.
Most shippers, carriers, and students of the freight market spend most of their time focused on a particular mode. It makes intuitive sense that you would focus on the mode that you spend the most time in which you are buying services or providing services. Net result, there are plenty of experts in rail, truck, and intermodal/container freight, and with the ongoing prodigious growth of e-commerce, there is a growing number of experts in parcel freight. That said, we continue to be surprised how little attention overall is given to airfreight.
Some early adopters of the Tesla Semi are receiving another advantage – help with designing and building electric charging stations for the trucks.
It wasn’t that long ago that many analysts believed the demise of Blackberry was close at hand. They were so wrong.
Sabrewing’s battery-less, gas-electric hybrid can fly anytime, anywhere, over and around weather –- and can carry up to 3,000 lbs. of cargo up to 5,000 miles.
Warehouse development and lease prices are rising through the roof as available land dwindles, and the vacancy rate hovers at an historic low. Shippers and 3PLs who want to expand must optimize the operations of their existing facilities.
With one round of electronic logging device (ELD) madness behind, and another likely upcoming ahead of the April 1 hard enforcement date, Transflo President & CEO Frank Adelman says his company is prepared for another round of drivers rushing to get compliant devices.
Fleet Complete, a provider of global IoT provider of mission-critical fleet, asset, and mobile workforce management solutions, has expanded its European operations with the acquisition of Ecofleet, a telematics provider in the Nordic and Baltic regions of Europe.
When capacity is tight and rates are high, to get the best deals, it pays to be a Preferred Shipper. But what is that, and how do you become one?
Conditions improved slightly for shippers in November according to FTR’s Shippers Conditions Index (SCI). The SCI recorded a -8.9 for November, slightly better than October but still solidly negative, the firm said.
As seemingly simple as the rule sounds – ensure food is safe during transport – it is anything but. The FDA’s food safety regulation, says, Sam Rizzitelli, transportation practice lead for the Americas for Allianz Global Corporate & Specialty, has opened up new concerns from an insurance impact.
With all the purchasing of team apparel and snacks that takes place around the Super Bowl, it’s imperative those goods make it to retail locations on time. It takes a Big Game logistics operation to make it happen.
Knight Trucking put 20% of its capacity on the spot market in Q4 2017 and it paid off big. Swift has also been improving its operations, and management said it will focus on fixing its reefer business in 2018.