Latest posts about Freight
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Is it time to be (a little) concerned about the economy?
April 9, 2019
For more than a little while, much has been made of what has been viewed as strong economic growth. To what degree, though, varies based on the person or the source. According to President Trump, as per his State of the Union speech in February, the economy is experiencing “an economic miracle,” whereas others note that while things have been relatively solid and stable, there are also some causes for concern.
February Truck tonnage sees slight decline compared to January, reports ATA
March 19, 2019
The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for February, at 117.4 (2015=2000) fell 0.2% in February after heading up 2.5% (revised up from an original 2.3% reading) from December to January, which came in at 117.6. Compared to January 2018, SA tonnage rose 5.4%, which trended down from January’s 5.8% annual spread.
Freight Tech: Separating Need from Noise
February 8, 2019
In this webinar experts will share practical advice for selecting solutions that provide quick time-to-value while readying your supply chain for long-term success.
Impact of tax reform on logistics is solid but comes with questions over long-term impact
January 16, 2019
A recent Logistics Management reader survey of more than 120 logistics and supply chain professionals had somewhat of a measured view of the impacts of tax reform, to date. Nearly 16% viewed it as positive, which, on the surface, appears low, but only 6.6% viewed it as negative. It was the more ambivalent respondents that comprised the bulk of the survey’s respondents, with 35.2% saying it has had no impact, and 42.6% saying they are unsure.
Cass Freight Index Report shows shows annual gains and sequential declines in November
December 17, 2018
November shipments, at 1.162, eked out a modest 0.6% annual gain and were down 5.1% annually, and November expenditures, at 2.849, saw an 8.4% annual increase, for its 23rd straight annual gain, and were down 2.4% compared to October.
U.S. Bank Freight Payment Index shows strong Q1 freight shipment and spend growth
April 27, 2018
First quarter freight spend, at 187.8, was up 1.4% compared to the fourth quarter and 24.5% annually, as well as being the highest-ever quarterly reading, according to U.S. Bank. The report explained that the surge in freight spend was largely attributed to the ongoing truck driver shortage, which, in turn, led to rising rates in tandem with increasing demand.
Ocean Carriers: Service levels jump in wake of alliances
August 1, 2016
Figuring out appropriate freight movements on the high seas has always been a bit of a chess match for global shippers. And as readers of Logistics Management have learned over the past year, the game could get even more complicated as shippers try to make sense of quickly shifting ocean carrier alliances and partnerships.
Ports: Top service is common denominator in unsettled times
August 1, 2016
Over the past two years, so much of our ocean freight and ports coverage centered around the labor/management struggles at the U.S. West Coast ports as well as the pending opening of the expanded Panama Canal.
Rail/Intermodal: Service remains high, investment still strong
August 1, 2016
While the rail and intermodal sectors had been enjoying steady growth over the past few years, these vital sectors have not been immune to the freight slowdown being felt on the highways, in the air, and on the high seas over the course of 2016. In fact, that’s been made clear with the declining volumes on a year-to-date basis for freight rail, with intermodal following suit.
Launch of First International Freight Marketplace to Power $2 Trillion Worth of U.S. Annual Imports
July 26, 2016
Freightos logistics technology LogTech Company launches frictionless trade by bringing global freight pricing, booking and freight management online.
VW settlement could bring ” greener” funding for U.S. seaports
June 30, 2016
The American Association of Port Authorities said that U.S. ports and their surrounding communities stand to benefit from the recent announcement of a partial Volkswagen settlement with the federal government and the California Air Resources Board.
Will the era of “mega vessels” be short lived?
April 4, 2016
Analysts for the London-based consultancy, Drewry Maritime Advisors, say that the trend of “big ship obsession” may soon come to an end.
New player in the freight-bill factoring field emerges
March 10, 2016
Express Freight Finance, an independent factoring company specializing in transportation clients, has recently launched its freight-bill factoring services for truck fleets, owner-operators, and freight brokers nation-wide.
A cargo-centric view on Cuba is needed says AfA
March 4, 2016
The Airforwarders Association, representing 360 companies and more than 300,000 employees who move air cargo through the supply chain, today urges the U.S. Department of Transportation to assign routes to U.S. passenger air carriers that currently offer air cargo service.