Truckload

The van TVI was up 8.0% compared to July, at 241, and down 8.0% annually; the reefer TVI was up 4% compared to July, at 175 and down 5% annually; and the flatbed TVI was up 9% compared to July, at 259, and down 0.4% annually;

Truckload was the only segment to see a gain for shipment volumes, up 1.9% sequentially, and down 1.4% annually. LTL was off 2.8% sequentially and 5.8% annually, with intermodal down 2.4% sequentially and 16.4% annually. Other modes were down 0.2% sequentially and 11.5% annually.

ew truckload freight service offering recently introduced by Seattle-based digital freight network Convoy aims to provide shippers with guaranteed on-time performance within 15 minutes of the scheduled delivery time.

Top-notch service remains front and center

This expansion allows Averitt to meet increased demand and support the growing volume of cargo in and out of the Port of Charleston. The facility is located at 7749 Palmetto Commerce Parkway in North Charleston.

The Van TVI was down 1% compared to May, to 230, and down 10% annually, and the reefer TVI was down 3% compared to May, to 167 and down 4.6% annually. The flatbed TVI increased 2% over May, to 267, down 1.2% annually.

Truckload market waits for “freight recession” to end

LTL anticipating second-half bounce.

Even though shippers are still benefiting from a low-rate environment, challenges are plentiful. Should demand levels head up and inventories continue to trend down, that could present a scenario that truckload carriers would welcome—and trigger a return to pricing power in tandem with tighter capacity.

Logistics Management Group News Editor spoke with Frank Hurst, Executive Vice President, LTL, for Chicago-based third-party logistics and technology-enabled transportation services provider Echo Global Logistics, at this week’s SMC3 Connections conference in Orlando. Hurst addressed various supply chain and logistics trends and themes over the course of their conversation.

The new edition of the BlueGrace Logistics Confidence Index, which was recently released by Tampa, Fla.-based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant.

There is a sharp, telling contrast among yields of trucking companies, depending on which niche they are operating. An expected slow first half for freight demand has morphed into uncertain expectations for the rest of the year. Most truckload (TL) executives are hoping for a second-half rebound to make up for a below-par first half.

In this podcast, Jeff Berman, Group News Editor, for Logistics Management and Peerless Media, interviews Dale McClung, Vice President, Supply Chain Services, for Blue Bell, Penn.-based CLX Logistics, a provider of logistics services for chemical shippers.

In this podcast, Jeff Berman, Group News Editor, for Logistics Management and Peerless Media, interviews Dale McClung, Vice President, Supply Chain Services, for Blue Bell, Penn.-based CLX Logistics, a provider of logistics services for chemical shippers.

The new edition of the TD Cowen/AFS Freight Index, which was released today by investment firm TD Cowen and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, was in line with highlighted rate disparities across various freight transportation modes.