Latest posts about pricing
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Echo Global Logistics and Blue Yonder team up for pricing technology integration
September 3, 2020
Chicago-based third-party logistics and technology-enabled transportation services provider Echo Global Logistics, and Scottsdale, Ariz.-based Blue Yonder (formerly JDA), a provider of AI-driven and end-to-end supply chain management services, said today that they have established a partnership, in which Echo will integrate Blue Yonder’s Dynamic Price Discovery offering, to automate rapid response price quoting and capacity for shippers.
Mid-quarter Coyote Curve takes a look at past, current, and future freight trends
August 12, 2020
In a mid-quarter update of the Coyote Curve by Coyote Logistics, a subsidiary of freight transportation and logistics services bellwether UPS, provided a wide-ranging overview of the freight market conditions, from three different perspectives: a look back at the second quarter; expectations for the third quarter; and a 2020-2023 forecast.
Article 4: Trucking Spot Market Vs. Freight Futures Market Pricing & Price Discovery
September 10, 2019
If a market participant is interested in using trucking freight futures for hedging or profiting, they should understand a few things about pricing before they start taking positions in the trucking freight futures market.
Rail shippers throw support behind STB Rate Reform Task Force report
July 8, 2019
A recent letter penned to leadership at the Surface Transportation Board (STB) by more than 20 rail shipper groups in the manufacturing, agriculture, and energy sectors, and some of the largest freight rail customers in the United States through the Railroad Customer Coalition (RCC), praised the STB’s Rate Reform Task Force for an April report issued by the Task Force comprised of recommendations for potential changes to the STB’s rate review processes and methodologies.
Cass and Broughton Capital report cites ongoing truckload and intermodal pricing strength
May 13, 2019
Truckload rates, which measure linehaul rates, headed up 2.7% annually to 138.4 (January 2005=100), extending a stretch of gains going back to November 2017). This reading is in close range of the 144.2 set in December 2018. On the intermodal side, the report said that on the heels of hitting an all-time high of 151.9 in March, April’s reading dipped 1.4% to 149.8 while still growing 5.6% annually.
STB report takes a long look at rate review methodologies and processes
May 6, 2019
The Surface Transportation Board (STB) recently announced that its Rate Reform Task Force completed a report with its recommendations for potential changes to the STB’s rate review processes and methodologies. Established in January 2018, the STB’s Rate Reform Task Force was tasked with recommending improvements to the STB’s existing rate review processes, as well as to propose new rate review methodologies “that are more attuned to the realities of the current transportation world.”
Cass and Broughton report points to annual truckload and intermodal gains to start 2019
March 15, 2019
Truckload rates, which measure linehaul rates, saw a 5% increase to 138.4 (January 2005=100), rising for the 17th consecutive month, and coming in slightly shy of the December 2018 all-time record. And intermodal rates were down 3% compared to January and up 6.2% annually, marking the 29th consecutive month of annual gains.
C.H. Robinson announces that Bob Biesterfeld will replace John Wiehoff as CEO in May
February 12, 2019
The company announced yesterday that as part of a “long-planned succession process”, effective May 9, Chief Operating Officer Robert ("Bob") Biesterfeld, will become Chief Executive Officer, as well as being nominated to stand for election to the company’s board of directors. Biesterfeld will replace C.H. Robinson Chairman and CEO John Wiehoff, whom will continue as Chairman of the Board when Biesterfeld becomes CEO.
Air cargo and ocean carrier rates should make for sustainable supply chains, say analysts
January 7, 2019
All regions and trade lanes are expected to report profits for air and ocean carriers in 2019.
Global supply chain pricing may face new pressures in 2019, say experts
January 2, 2019
The global economy started 2018 with strong, synchronized growth, but the momentum faded as the year progressed and growth trends diverged.
UPS rolls out 2019 rate increases, leaving shippers with short notice
December 7, 2018
The Atlanta-based transportation and logistics bellwether said the following rate increases will take effect: UPS Ground, UPS Air and International services will head up by an average net of 4.9%; fuel surcharges will apply to Additional Handling, Over Maximum Limits, Signature Requires and Adult Signature Required accessorials; a processing fee of $2.00 per package will be charged when Package Level Detail (PLD) is not provided to UPS prior to delivery; and the rates for certain value-added services and other charges will increase.
Emerge receives $20 million in seed money from Greycroft Partners
November 15, 2018
Earlier today, Scottsdale, Arizona-based Emerge, a provider of its proprietary Private Freight Marketplace (PFM) and TMS focused on accelerating productivity and increasing visibility for supply chain stakeholders, announced it has raised $20 million in a seed round, which was led Greycroft Partners, a venture capital firm based in Los Angeles and New York, in addition to participation from other investors as well.
FedEx rolls out 2019 rate increases
November 6, 2018
FedEx said that rates for FedEx Express are heading up by an average of 4.9% for U.S. domestic, U.S. export, and U.S. import services. And FedEx Ground and FedEx Home Delivery rates are each going up by an average of 4.9%, with FedEx SmartPost rates also rising.
Truckload and intermodal pricing firmly remains at elevated levels, says Cass and Broughton report
June 12, 2018
The pricing train for truckload and intermodal freight movements continues to accelerate at a rapid clip, according to data in the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.
April freight shipments and expenditures signal positive freight environment, says Cass
May 22, 2018
March freight shipments and expenditures continued to show annual and sequential growth in April, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems, which was released this week. Freight Index May 2018, Cass Freight Information