Logistics and transport sector ramps up contingency plans for Hurricane Dorian, while continuing to operate until better forecasts are available.
Freight Futures lane to watch today: East US Long Haul Van Average
FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. “The 2019 FreightTech 100 Awards were a great success,” stated FreightWaves CEO Craig Fuller. “More than 500 companies were nominated for the awards, and those […]
The Commerce Department’s investigation into Mexican tomato exports is set to conclude on September 19th.
Kottke Trucking, an interstate company focused on refrigerated and dry van transportation, recently acquired Davenport, Florida-based Wayne T. Fellows, which specializes in refrigerated less-than-truckload and truckload hauling. With the acquisition, Kottke, headquartered in Buffalo Lake, Minnesota, will add 43 truck drivers and 22 non-driving positions. “This opportunity allows us to be a full-service provider to […]
In auto racing, the racecar is the star and teams spend a lot of effort getting to the race on time. But they also need to bring all the supporting players: the tires, the gearboxes…and the bodywork. And the chassis. And the spare engines. And the awning. And the tools. And they all need to fit in one trailer.
While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.
Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.
Looking ahead, Herdman expects air cargo numbers to remain weak due to moderating global business optimism levels and stalled progress in trade negotiations.
Donald Broughton writes that as goes the freight sector goes the economy in this commentary.
Information related to the national load tender volumes for the last full week of July comes from FreightWaves SONAR.
Kentucky-based Legion Logistics has opened a new satellite office in the city of Santiago de Querétaro, Mexico. The new international office, staffed by two bilingual freight specialists, gives Legion Logistics a strategic presence in the industrial center of Mexico. “It allows us to increase our service offerings on the Mexican side and communicate more effectively […]
After decades of planning and discussion, freight traffic could finally have an alternative highway loop around Dallas that saves them from bottlenecks along Interstate 35. The Loop 9 project will add a connection between two interstates in south Dallas – I-35 East and I-45 East. Dallas County Judge Clay Jenkins has made the project a […]
Marten Transport posted its best-ever second quarter operating revenue and income in the company’s 74-year history, the company said in its July 18 earnings release.
ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.
Durable goods and dry van orders are declining. Could this mean a rough second half of 2019?
Convoy’s Automated Reloads feature allows carriers to book loads from a pre-planned combination of loads designed to minimize empty miles.
Michael Lewis wrote “Moneyball” about the tactics Billy Beane used to improve the Oakland A’s. Read Zach Strickland’s take on using moneyball tactics in the freight market.
Why is it hot for carriers in Fayetteville, AR and why is rail suffering?
