Trucking

A trio of well-known logistics services providers—Dallas-based privately held freight brokerage and authorized UPS reseller Worldwide Express, Phoenix-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, GlobalTranz, and Dallas-based Unishippers, the second-largest privately held freight brokerage in the country—announced today they are collaborating on what they called a new “corporate identity,” entitled WWEX Group.

A sure sign that the holiday season getting closer each day are the respective announcements made by carriers, transportation and logistics services providers, and shippers alike, announcing their “help wanted” signs have been hung, as they look for seasonal workers.

For July, the most recent month for which data is available, the TCI reading was -5.34, faring better than June’s -6.29, the lowest TCI reading going back to November 2022.

While the United Auto Workers (UAW) union strike against the "Big Three" of General Motors, Ford, and Stellantis has been ongoing since September 15, coupled with the number of employee walk-outs continuing to rise, the supply chain impacts and ramifications are likely to increase the longer the situation goes on, according various industry stakeholders.

Logistics Management Group News Editor Jeff Berman recently caught up with Erin Van Zeeland, Chief Commercial Officer (CCO) and Senior Vice President and General Manager of Logistics, for Green Bay, Wisc.-based truckload, intermodal and logistics services provider Schneider National. Van Zeeland addressed various topics, including: Peak Season, intermodal, logistics technology, and near shoring among others.

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;

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for August, came in at 115.3 (2015=100), for a 0.2% gain over July. July saw a 1.1% sequential gain, which was revised from an initial reading of 112.9, for a 0.8% decrease, reported by ATA on August 22 and a 0.3% June decline, which registered a 113.8 reading.

More than 50% of the survey’s respondents stated that the economy will enter into a recession within the next six months. As for reasons why this may be the case, responses included: high interest rates; high balances on credit cards; inflation; lower consumer demand; and high gasoline prices, among others.

The Owner-Operator Independent Drivers Association (OOIDA) is ramping up its opposition to mandate speed limiters on heavy trucks.

The dismantling of Yellow Corp. assets has begun, and so has the realignment of the $58 billion less-than-truckload (LTL) landscape.

With the right strategies in place surrounding transportation, brands have the power to not only increase profitability but also drive forward the sustainability agenda.

The letter was drafted by county and municipal officials and public works directors and county engineers and was organized by the Coalition Against Bigger Trucks (CABT).

Logistics Management Group News Editor Jeff Berman recently caught up with Drew Wilkerson, CEO of Charlotte, N.C.-based RXO, the fourth-largest full truckload broker in the United States, and asset-light transportation services provider. Wilkerson provided updates and analysis on various market trends and topics, including: the state of the freight economy; the spot market; pricing; and nearshoring, among others.

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Dr. Chris Caplice, Chief Scientist at DAT Freight & Analytics, which operates the largest truckload freight marketplace in North America and DAT iQ, the industry’s most trusted source of market analysis and truckload pricing data.

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Dr. Chris Caplice, Chief Scientist at DAT Freight & Analytics, which operates the largest truckload freight marketplace in North America and DAT iQ, the industry’s most trusted source of market analysis and truckload pricing data.