Preliminary Class 8 order numbers look promising for November, but tariff uncertainty adds risks as 40% of Class 8 trucks for the U.S. market are currently built in Mexico.
In the wake of the 2024 presidential election, trucking industry groups see new opportunities to change the regulatory and legislative landscape.
ACT Research and FTR Transportation Intelligence reported strong September Class 8 net orders as OEM order books open up for next year.
A recent ATA Driver Compensation Study shows median truckload driver salaries are up 10% in two years despite the poor freight market.
The August Logistics Managers’ Index showed transportation capacity increased notably while pricing growth slowed.
J.B. Hunt announced the completion of 50,000 autonomous long-haul trucking miles in a collaboration with autonomous trucking company Kodiak Robotics and Bridgestone Americas.
The July Logistics Managers’ Index points to a freight market recovery, a Tuesday report showed.
The June Logistics Managers’ Index captures no growth in transportation capacity for the first time since March 2022.
Supply chain managers indicated higher transportation pricing in May but also noted that capacity continues to grow.
CVSA International Roadcheck is Tuesday through Thursday. Its focus is on tractor protection systems in addition to alcohol and controlled substance possession.
A monthly supply chain survey shows a reversal in transportation metrics during April but points to improvement on the horizon.
Motive, a telematics, technology and fleet management platform, announced new AI-powered products and telematics hardware at the inaugural Vision 24 Motive Innovation Summit.
Transportation prices grew for a second straight month in February, according to the Logistics Managers’ Index, but couldn’t keep pace with capacity.
Werner recorded a Q4 earnings miss as low rates, excess capacity and lower truckload demand weigh down its one-way truckload business. Dedicated remained a bright spot with management looking to grow in the coming months.
The Logistics Managers’ Index for January showed transportation prices are increasing as retailers take on inventory.
In December, a federal appeals court ruled that company team drivers’ time spent in sleeper berths after eight hours can be compensated under the Fair Labor Standards Act. The case involved a former CRST trainee who sued CRST in 2016 alleging that the team-based driver training program violated the FLSA based on the carrier’s compensation policy.
The Logistics Managers’ Index report showed transportation metrics worsened again in December but noted recent inventory cuts could put the freight cycle back on track in 2024.
Weak transportation metrics were noted in a monthly survey of supply chain executives.
The Logistics Managers’ Index has done a great job of explaining freight market capacity shifts over the past several years. The last few months are painting a picture of a market that is racing toward a correction.
Supply chain metrics for October showed fundamentals for transportation providers may be improving.
A September supply chain survey suggests the freight industry is coming out of a recession.
Transportation prices fell sharply again in July, but the rate of decline is slowing.
At the recent UBS Global Industrial and Transportation Conference, Heartland CEO Mike Gerdin and Vice President of Finance Josh Helmich highlighted freight market weakness and outlined the retention impact of their driver minimum pay program.
The Logistics Managers’ Index registered contraction for the first time ever in May as transportation-related metrics weighed heavily on the data set.
SONAR ocean container booking data suggests that the predicted freight rebound in the second half of 2023 may be increasingly unlikely. Import and ocean container booking data is typically used as a leading indicator for future truckload volumes, as containers are offloaded in ports and transferred into intermodal or truckload orders.
The Logistics Managers’ Index hit a new low in April as transportation metrics weighed on the data set.
A plan to allow 18-to-20-year-old truck drivers to haul interstate cargo got a sharp rebuttal at the Truckload Carriers Association (TCA) conference by Knight-Swift President and CEO David Jackson. The plan was conceived as a way to address the driver shortage and is strongly supported by the Biden administration and the American Trucking Associations (ATA).
Transportation rates fell at the fastest-ever pace recorded in February, according to a monthly supply chain survey.
A monthly survey of supply chain executives released Tuesday revealed signals that transportation markets could be poised for a recovery.
Persistently higher inventory levels are causing a drag on truckload tender volumes as 2023 begins. 2019 and 2018 SONAR data indicates we may approach levels of pre-pandemic seasonality, but higher truckload capacity will continue to negatively impact rates until enough truckload supply leaves the market.
El Índice de Gestores Logísticos, que cumple 6 años, registra la “mayor tasa de contracción” de la historia
El LMI general registra el segundo nivel más bajo de los últimos 6 años
The November Logistics Managers’ Index showed transportation capacity was up again with pricing contracting at the fastest rate on record.
Transportation capacity grew during October at the fastest pace captured in the history of a 6-year-old data set.
Atoke, a town of 3,000 people nestled in the Choctaw reservation in southeast Oklahoma, used to be home to herds of buffalo and bison (there is in fact a difference). Now this reservation, a hidden 11,000-square-mile parcel of land, has become one of the largest drone delivery testing sites in the world, according to FreightWaves’ Jack Daleo.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Data in the Logistics Managers’ Index reported a significant weakening in the market in the second half of March.
Inventory levels grew at an astonishing pace in February. Is the supply chain crisis ending?
Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.
In this issue: AI Fleet raises $21 million; the American Transportation Research Institute ranks trucking concerns; and the Logistics Managers’ Index is expanded. Trucking in disruption: AI Fleet raises $21 million series A Trucking tech startup AI Fleet recently completed a series A round for $21 million led by Obvious Ventures with participation from Compound, […]
The supply chain continues to be stretched as the peak shipping season bears down. Capacity declines further while rates soar, according to an August survey.
In 2019 shippers crammed warehouses full of inventory coinciding with a stagnant freight market. As warehousing capacity tightens, could this contribute to the already tight transportation space?
The January Logistics Managers’ Index moves higher as more firms take on inventory and delays throughout the supply chain further deplete transportation and warehouse capacity.
In today’s edition of The Daily Dash, the CEO of flatbed operator Daseke has stepped down, plus project44 accuses FourKites of defamation over alleged emails sent to board members, and a key index covering transportation, inventory and warehousing, is suggesting a possible slowdown in the supply chain.
While the pace of growth in the supply chain cooled during December, transportation and warehouse capacity remains tight and prices are high.
Transportation providers may spend January unclogging supply chains as warehouse capacity has become a precious commodity thanks to the continued influx of imports.
Early signs about the end of tight capacity begin to surface.
A November supply chain survey shows the rates at which transportation capacity is shrinking and pricing is climbing are increasing.
The election results show just how divided the nation is politically and COVID cases are back on the rise. Shipping activity appears to be insulated from any negative effects at the moment, but for how long?
A survey of supply chain executives shows transportation capacity declines at a slower pace in October. The logistics industry continues to experience “rapid” growth.
Transportation capacity has dropped to new lows and the precipitous rate at which pricing is increasing is expected to continue for at least the next 12 months, according to a September supply chain survey.
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
Joined by special guest Zac Rogers, Anthony and Zach discuss the current freight market’s propensity to overachieve over the past few months and explore reasons why that will persist or crumble.
Companies are cramming warehouses full of freight as they change their supply chains to better suit the post COVID-19 world. Trucking capacity tightens as a result.
Anthony and Zach talk about the impact of Roadcheck week on the freight market and bring on Zac Rogers to discuss the latest Logistics Manager’s Index results showing increasing transportation prices along with declining warehouse capacity, a pattern eerily similar to 2018.
Zach and Anthony go over the latest economic trends within the freight industry and bring on special guest, Zac Rogers to breakdown the Logistics Managers Index and his analysis of how the COVID-19 pandemic is effecting the industry.
Digging into some of the most recent LMI components.
The October Logistics Managers’ Index hits record low, suggesting peak shipping season may disappoint.
The Logistics Managers’ Index (LMI) remained level in September. Trends in the capacity index were in-line with truckload capacity coming out of the market. However, inventory build ahead of peak season appears to be light.
What is the Logistics Managers Index and why should you care? Anthony Smith explains:
Carriers are having less trouble keeping their drivers busy over the past month, but that has not quite translated to increased prices.
