pricing

Given the decent health of the economy, specifically the freight economy, it comes as no surprise to see the less-than-truckload (LTL) market having a strong 2018. Less Than Truckload Pricing Report. Old Dominion Freight Pricing

A large majority of freight transportation and logistics industry stakeholders, including shippers, motor carriers, 3PLs, brokers, and others, continue to marvel at the overall state of market conditions, especially in the trucking sector. That comes with good reason, too, especially when considering that, in many ways, the confluence of factors contributing to the current market outlook paint a more than positive picture in various ways.

The prevalent theme of rate gains for both truckload and intermodal freight movements remained fully intact in April, according to data in the most recent editions of the of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.

Rate gains for both truckload and intermodal activity remains an ongoing theme, based on data in the the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.

In February, freight shipments and expenditures each saw annual gains, with shipments up for the 17th consecutive month and expenditures up for the 14th consecutive month.

FedEx recently announced that they will be raising shipping rates in 2018 for FedEx Ground, FedEx Express and FedEx Freight by 4.9%. If that number sounds familiar, it should.

Like its biggest competitor, UPS, did in June, FedEx yesterday rolled out a peak, or holiday season, surcharge. FedEx said that it will not apply residential Holiday Season surcharges, save for packages that need additional handling, are oversized, or unauthorized.

LM Group News Editor Jeff Berman recently caught up with Greg West, C.H. Robinson Worldwide, Vice President of LTL Transportation to talk about various aspects of the less-than-truckload sector, including pricing, the impact of e-commerce and last mile services on LTL, and other industry topics.

Logistics Management Group News Editor Jeff Berman recently spoke with Dr. Zvi Schreiber, Freightos founder and CEO, about Freightos’ most recent round of funding, the company’s approach to the market, and what is in store for the future

In earlier fashion than usual, UPS yesterday rolled out United States rate changes that will go into effect in the coming weeks and months.

Logistics Management Group News Editor Jeff Berman recently spoke with Abtin Hamidi, chief vice president and co-founder of Mountain View, Calif.-based CargoChief.