Canada’s Groupe Morneau grows reefer division with Beacon acquisition
Quebec-based Morneau Eskimo nearly doubles fleet with purchase of long-standing Toronto partner Beacon Transit Lines, strengthening coverage of food industry customers.
Quebec-based Morneau Eskimo nearly doubles fleet with purchase of long-standing Toronto partner Beacon Transit Lines, strengthening coverage of food industry customers.
A colder than normal spring across northwestern Mexico meant the Mexican table grape export campaign suffered a delay of several weeks, spiking demand in June for reefer trucks out of Arizona and south Texas. Coupled with a record-breaking Hermosillo, Mexico-based table grape crop, this year’s export campaign has been a perfect storm of a late […]
Freight brokers report upward pressure on spot rates and still expect robust summer volumes.
Green shoots: reefer capacity is tightening in south Florida, south Texas, and southern California.
Cold supply chains suffer from opacity in their operations, which could turn disastrous especially during handoffs – when products are left unattended and might slip out of the prescribed conditions it needs to be stored under. Technology like IoT sensors and blockchain could help companies to monitor their cargo movement better.
Andrew Silver, CEO of MoLo Solutions, looked back at 2018 and talked about the challenges and joys of running a high-growth brokerage, December freight markets, and and MoLo’s plan for 2019.
The November Market Update, presented in partnership with Convoy, featured FreightWaves CEO Craig Fuller and Chief Economist Ibrahiim Bayaan, who discussed macroeconomic data and trends in freight markets.
As the trucking industry continues to broadly install and learn to use the ELDs, there are beginning to be large disparities in the way the devices are impacting capacity via mode.
Techpertise together with TMW Systems …Cooltrax provides Internet of Things devices to monitor temperature-controlled pallets, but also adds data analytics dashboards and insightful KPIs to bring value back to shippers’ logistics operations.
The Mother’s Day demand for reefer trucks full of flowers has stressed an already tight capacity segment that is hauling record fruit and vegetable tonnage. The result? An unprecedented spike in reefer spot rates.
There’s a quiet spot market nationally, but we’re seeing significant upward movement for reefers coming out of California’s agricultural regions.
Container traffic into the Port of Seattle is down 22.6% YTD, starving the city of freight. Trucking spot rates have cratered, and turndowns have dropped 75% since their peak in October as carriers are forced to accept lower prices.