Today’s Pickup: SCI Index indicates “moderately favorable freight growth”
Contract pricing, which has affected second-quarter earnings for a number of 3PLs, remains weak according to the latest data from FTR.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
Contract pricing, which has affected second-quarter earnings for a number of 3PLs, remains weak according to the latest data from FTR.
A push in on to go electric with more countries planning a ban on sales of gas and diesel cars. Few, though, address commercial goods movement specifically, which is primarily handled by diesel-powered trucks. So what happens to the diesel truck?
UPS has announced an expansion of its large alternative vehicle fleet with the addition of hydrogen fuel cell delivery trucks. The vehicles will be in operation in California later this year.