Warehouse space is increasingly shrinking, with vacancy rates near all-time lows. As space dwindles, those companies looking to move a single truckload to a warehouse for two weeks are forced to pay high premiums. Warehouse provider Stord is out to change that.
Few people get to experience what the journey of a global container goes through and what its like being on a ship as it makes the trip. With over 90% of global cargo moving via ship, its an important part of our world economy. See what you are missing.
Remember when you had to wait to flag down a taxi? Now we order a taxi via an app and it arrives at your door within minutes. The same innovation is now happening to cargo shipping.
Honeywell and Intel have collaborated on a new solution that is designed to identify potential damage to cargo while in transit, allowing time to possibly re-position that cargo to prevent further damage.
It seems as though all new platforms these days feature two common denominators – create transparency and streamline processes. Many of them are now being developed with blockchain.
The New York Shipping Exchange (NYSHEX) has secured a Series A round of funding for $13 million, according to a press release. The company has developed the first digital forward freight contract for global container shipping.
Seeking to build “greater lane density to improve utilization and yields through more efficient dispatch and capacity allocation,” Heartland Express Inc. announced it is acquiring Interstate Distributer Co. (IDC) of Tacoma, WA, from Saltchuk Resources.
The Indian trucking market is not unlike that of the U.S. Technological change is happening, albeit a little slower in India, Numadic is one company that is trying to quicken the speed of change.
A new market analysis by Noel Perry, truck & transportation expert for FTR Transportation Intelligence, argues the economics of 33-foot doubles – and, based solely on economic reasons, there is a valid case, Perry says.
Tony Seba is an expert on industry and market disruptions. He recently spoke at the 2017 Nor-Shipping Conference, offering his unique take on Transportation as a Service, which incorporates autonomous technologies, and how it is poised to disrupt the shipping and transportation industries in the next few years.
Citing the need to cover additional costs during peak holiday shipping periods, UPS has announced a new peak surcharge that will be added to packages shipped during certain weeks this holiday season.
The Northeast has exited a period of cloudy, rainy weather that has held down freight volumes into and out of the region. That is just one of the weather-related stories this week that have affected rates across the nation.
Any trucker knows the importance of directions. Have the right ones, and there is a good chance you can arrive on time. But incorrect directions, and not only will you be delayed, but your employer may be out money for that late arrival. A new app is hoping to change that.
Since the dawn of the shipping industry, brokers, carriers and shippers have struggled with rate price swings, sometimes due to conditions outside their control, such as weather or politics. TransFX, a Chattanooga-based company located in Freight Alley, is trying to help change that by offering “freight futures contracts.”
“There are some trucking-specific changes that will benefit the industry in 2017. The last year and a half was a classic industry recipe for disaster.” That is Bob Costello’s summary of the past year in trucking. He is predicting a turnaround in 2017.
