Motor News
Container Shipping Market Facing Major Challenge
Global container shipping faces overcapacity, driving rates to unsustainable lows and prompting cost-cutting measures.
Former Tesla Executive Joins General Motors to Drive Electric Vehicle Strategy
GM appoints former Tesla executive to lead electric vehicle strategy amid company's leadership shifts.
Range Energy Secures $23.5 Million for Electric Trailer Production
Electric truck startup Range Energy announced $23.5 million in new financing as it helps trucking companies make their diesel trucks more environmentally friendly.
Walmart Reduces Carrier Requirements for On-Time and In-Full Shipments
Walmart is reducing its on-time and in-full shipment standards, dropping from 98% on-time compliance requirements to 90%.
1-2 Day Reliable Delivery Service Adds Value to Customer’s Overall Offering
PITT OHIO's offers 1 to 2 day on time, damage free delivery services to their Less-than-Truckload customers. Review the testimonial from Nelsen Corporation for more information.
6 Reasons Shippers Diversify Their Portfolio of Drayage Providers
PITT OHIO provides 6 reasons why shippers should diversify their Drayage providers for Supply Chain Optimization and increase business performance.
Freight Rates Remain Steady Despite Cold Snap
While the historic cold snap is causing multiple issues across the U.S., freight rates have remained relatively stable says data from DAT.
UPS, FedEx Demand Surcharges to Kick in Next Week
UPS joined FedEx in announcing it will extend demand surcharges to packages effective Jan. 14.
Bullwhip vs. Inventory Accelerator: What is Driving Market Dynamics?
The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.
Weak Dry Van Truckload Pricing Conditions to Persist into New Year
Given where spot market prices are at and demand for services holding steady, slow attrition of capacity should help stave off further downward pressure on rates, says Michigan State’s Jason Miller.
DispatchTrack Survey Finds Economy, Rising Costs Worry Logistics Pros
A new DispatchTrack survey finds logistics businesses remain concerned about an uncertain economy and rising operational costs in the last mile.
LTL Saia Boosts General Freight Rate 7.5%
Less-than-truckload carrier Saia has said it will increase its general rate on average 7.5%, and adjust accessorial and minimum charges as well.
Revenues Fall at UPS; Happy Returns Acquisition Announced
UPS said consolidated revenue fell 12.8% in Q3, but that it was winning back business lost during contract negotiations with the Teamsters.
3 Ways to Lower Last-Mile Shipping Costs
Diversification and transparent pricing are among the tips AxleHire CEO Raj Ramanan suggests e-commerce shippers follow this holiday shipping season.
Convoy is Closing its Doors on Core Business Operations
Following heavy speculation in recent days that it was taking steps to wind down its business operations, Seattle-based digital freight broker Convoy is officially closing down its current core business operations, according to a company letter sent to Convoy employees from Convoy CEO and Co-Founder Dan Lewis.
Shippers are Looking for Long-Term Contracts Again
As many of the worst-case scenarios in the supply chain have not panned out, many shippers are more comfortable discussing long-term contracts with carriers, says BlueGrace Logistics executive.
Autonomous Trucking Continues to Build Momentum for Large Fleets
A partnership between Maersk and Kodiak Robotics brings the first commercial trucking lane between Houston and Oklahoma City to fruition as self-driving truck testing programs continue to grow.
No Surcharge for Holiday Packages, USPS says
With an eye on the 2023 peak shipping season, the United States Postal Service (USPS) said it would not implement any additional surcharges on holiday shipping.
Moody’s: Carbon Offsets Open Supply Chains Up to Financial, Reputational Risks
A new report from Moody's finds that companies that rely on buying carbon offsets as an emisisons-reduction strategy could face financial and reputational harm.
Shippers Focus on Yield Management as Rates Continue to Rise
With FedEx and UPS raising their rates, savvy shippers can still find rate value for 2024, but time may be running out.
Featured Companies
Tecsys is a global provider of supply chain solutions that equip the borderless enterprise for growth. Organizations thrive when they have the software, technology, and expertise to drive operational greatness and deliver on their brand promise. Spanning healthcare, retail, service…
LaneHoney is a market for trucks on demand. We bring new on-demand efficiencies, all-to-all transacting and transparency to the spot market for truck capacity. LaneHoney provides freight shippers and truck carriers unparalleled access to freight market intelligence by displaying to…
Zoox is a California-based robotics company founded by Tim Kentley-Klay and Dr. Jesse Levinson to create autonomous mobility. Operating at the intersection of design, computer science, and electro-mechanical engineering, Zoox is a multidisciplinary team working to imagine and build an…
Uber is evolving the way the world moves. By seamlessly connecting riders to drivers through our apps, we make cities more accessible, opening up more possibilities for riders and more business for drivers. From our founding in 2009 to our launches…
Honesty, integrity,and forward thinking have always been the cornerstones of U.S. Xpress Enterprises, the nation’s 2nd largest privately-owned truckload carrier. Our expertise in the transportation industry dates back more than 30 years when the founders, Max Fuller and…
YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is the holding company for a portfolio of successful brands including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn, and provides China-based services through its JHJ joint venture.…
Founded in 1998 by Tim Barton, Freightquote is the largest online U.S. freight shipping provider delivering a vast array of freight solutions for a large and diverse customer base. These solutions enable customers to instantly quote and compare freight rates…
Terrafugia (ter-ra-FOO-gee-ah) intends to catalyze a revolution in personal mobility. Our vehicles bring a new level of safety, convenience, and freedom to personal transportation. We have been dreaming about flying cars since the turn of the 20th century. …
Dash is a connected car platform, that makes any car a ‘smart car’. Dash’s platform, Chassis, is also used to power insurance, fleet management and after-market solutions. Smarter. Driving. Everyday. Dash makes any car a “smart car”. Our app,…
Tive helps companies eliminate surprises in their supply chain by providing real-time visibility of the location and condition of their shipments. Tive has developed a sensor solution that allows supply chain managers to track and analyze location, climate and shipment…
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