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
Grocery Manufacturers Association
Based in Washington, D.C., the Grocery Manufacturers Association is the voice of more than 300 leading food, beverage and consumer product companies that sustain and enhance the quality of life for hundreds of millions of people in the United States…
Decker Truck Line, Inc., a family-owned business since 1931, takes great pride in providing excellent service to our customers as well as a stable, positive and progressive work environment for its employees. With 700 tractors and nearly 1550 trailers, Decker is a diversified…
Canadian Freightways Less-Than-Truckload Service is designed to provide supply chain solutions you can rely on. With over 70 years in the transportation business, we understand our critical role in the supply chain and work to create solutions that make our customers…
Landstar’s network of independent agents and transportation capacity providers offers greater flexibility and a local presence that has a global reach. The Landstar network is unmatched in the industry. With 1,300 independent agents, 10,000+ leased owner operators, 16,000+ trailers and 59,000 other available…
Deliv is a leading crowdsourced, last mile logistics company that powers scheduled, same-day delivery and returns for omnichannel retailers, local businesses, and e-commerce companies. Deliv is focused exclusively on moving goods; it does not sell them. It powers same-day delivery…
New England Motor Freight
Based in Elizabeth, NJ, family-owned less-than-truckload (LTL) carrier NEMF serves its customers from terminals throughout the Northeast and Midwest, as well as Puerto Rico. It is the largest LTL carrier in the Northeast region. NEMF is a member of The…
YRC Freight, a leading transporter of industrial, commercial and retail goods, specializes in less-than-truckload (LTL) shipping solutions for businesses. Based in Overland Park, Kan., YRC Freight provides comprehensive North American coverage and offers a broad portfolio of LTL services to…
FreightCenter.com is a full-service freight logistics company whose primary focus is using web-based tools to help both businesses and individuals with their freight shipping needs. Using FreightCenter enables customers to compare rates from different carriers, book online, and track…
Knight Transportation is a provider of multiple truckload transportation services, which involve the movement of full trailer or container loads of freight from origin to destination for a single customer. We use our nationwide network of service centers, one of…
Vector Global Logistics is an asset free, multi-modal logistics company that provides exceptional sea freight, air freight, truck, rail, general logistic services and consulting for our clients. Our highly trained and professional team is committed to providing creative and effective…
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