Trucking

This 5th article in the "A-Z of Trucking Freight Futures" series explains the process of determining what hedging strategies to execute on, which contracts to use, along with position sizing and trade execution.

The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for August, at 118.3 (2015=100), fell 3.2% on the heels of a 6.2% July increase.

Transfix defines the problems distorting the marketplace for truckload transportation, discuss how carriers think about their assets, explain the role of technology in reducing empty miles, and sketch out the economic dynamics that come into play when the marketplace is optimized to free up capacity at the right price.

In the first half of this year there more than twice as many trucking cessations than all last year, and the size of companies has more than tripled

It’s probably a pyrrhic victory, but transport interests recently gained a small victory in President Donald Trump’s growing trade war with China. The Office of the U.S. Trade Representative recently ruled that 53-foot domestic containers from China have been exempt from the punishing tariff war between the world’s two largest economies.

News surfaced recently that A. Duie Pyle, a premier provider of asset and non-asset based transportation and supply chain solutions in the Northeast, has formed a partnership with Oak Harbor Freight Lines to expand its coverage area to the West Coast for the first time.

Blume Global announced at Intermodal Association of North America (IANA) annual event in Long Beach this week that it has launched Blume CarrierGo.

Seattle-based digital freight broker Convoy announced today it has released a new offering that provides TMS (Transportation Management Systems) providers, Managed Transportation Providers (MTP) and other logistics stakeholders with access to its automated real-time pricing and capacity for live and drop-and-hook loads.

Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Echo Global Logistics. Topics covered include the state of the freight economy, Peak Season, and capacity, among others.

A year ago this time, it is fair to say that the trucking sector was running strongly on all cylinders, buoyed by very strong economic fundamentals, a high level of consumer confidence, and tight capacity, which helped drive rate growth. But fast forward a year later, and it is clear that the tables have turned on myriad fronts, with capacity looser, especially for this time of year on the truckload side, and rates viewed as fair when compared to 2018.

LSP Launches ALS Edge, A 3PL platform powered by 3Gtms that delivers visibility, tracking, exception management and analytics.

Since implementation of its new TMS, Gerber has gained improvements in cost-per-mile, cost-per-piece, as well as a drop in the freight as a percentage of sales.

Uber said it plans to invest more than $200 million annually in the facility in the form of headcount, real estate development, and other expenses.

Mark Kunar, EVP, Strategy, Transportation and Automotive, Engineering & Manufacturing, Chemical & Energy, DHL Supply Chain, North America, discusses the ongoing trucking capacity crunch and gives companies tips on how to effectively tackle it.

The capacity crunch won’t be solved by incremental changes or small thinking. The solution will come from a fundamental shift in transportation management.