Truckload volume surged and spot and contract freight rates hit new highs in August as logistics managers stared down their most challenging peak shipping season yet. Shippers and logistics managers who would normally be gearing up for peak shipping season have encountered one test after another in terms of their…
The vast network of ports, container vessels and trucking companies that move goods around the world is badly tangled, and the cost of shipping is skyrocketing. With the holiday season on the horizon retailers will face shortages and consumers should expect higher prices. The COVID-19 pandemic has prompted a long-lasting…
Containerized shipping has become a problem of the chaotic supply chain facing U.S importers and Chinese exporters. Hopes are quickly fading that trans-pacific supply chains will normalize this year or even in 2022. Congestion contributes to the global shortage of shipping containers and the exponential cost of sea freight. The…
If you want more money, flexibility, back-office support and freedom to thrive, and are ambitious with a hard-working approach, becoming an independent freight agent could be the best move you ever make. Whether you’re a longtime veteran of the freight industry or a potential newcomer there are several reasons you…
Walmart announced Tuesday plans to scale a program it calls GoLocal to make final-mile deliveries for businesses of all sizes.Walmart had previously restricted its last-mile service to the delivery of its own products. The program, called Walmart GoLocal, opens new revenue streams for the company by expanding its access to…
The trucking industry has entered a historically strong business environment, but trucking companies continue to face some persistent headwinds: Recruit enough professional truck drivers and infrastructure. With the shortage increasing driver pay, it can have a significant impact on supplier costs and therefore consumer pricing. It can also increase shipping…
Innovative start-ups are capitalizing on the high number of transactions and large amounts of data being handled and generated by logistics players to develop an expanding range of technology-driven solutions Digital freight startups use technology to streamline the process of connecting truckers with shippers looking to move cargo. Such ventures…
Amazon has spent years building one of the world’s most efficient and optimised supply chains. It means that on top of its approximately 40 per cent market share of US ecommerce, Amazon stands to gain an even greater understanding of the shopping habits of global consumers. The e-commerce giant is…
Over the last year, DAT saw a very tight positive correlation between loaded import container volumes and load board load posts on the dry van spot market at all of the major U.S. ports. It has been well documented that the huge hike in imported goods is being driven by…
Market Reports recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Freight Broker market. Some of the key players mentioned in this research are C.H. Robinson, Expeditors, Landstar System, TQL, Coyote Logistics, XPO Logistics, Yusen Logistics, Echo Global Logistics, JB Hunt…
The past two decades have brought new tools, formats, technologies and content to online learning. Options in online learning are continually increasing with more people than ever choosing to further their education through eLearning. Since around 2010, smartphones have offered even more possibilities, enabling people to take their learning on…
Serving as Amazon’s freight transportation management system, Amazon Relay allows owner-operators and carriers to work directly with Amazon. Relay connects small freight carriers straight to available loads to help them quickly grow their businesses. Relay equips trucking companies, fleet owners, and their drivers with everything needed to book and haul…
The past few years have been turbulent ones for the logistics industry. In 2020, freight logistics and supply chain resilience was tested again and again.The pandemic interrupted many global supply chains, which were forced into stops and starts over the past year. Shippers and carriers had to continuously change plans…
Planning to start or build a box truck business? Trucking is a business that generates a lot of revenue. The ways you can make money with your box truck range from high-risk, high-reward investments such as starting a full-on business with it, to careers that involve way less risk including…
Freight is a dynamic and rewarding industry. One way to get your start in the shipping industry is to become a truck dispatcher. Dispatchers play a key role in getting trucks out to collect and deliver loads for businesses shipping goods. You need to consider everything from how to navigate…
Early in the game, brokers can manage their handful of loads manually. But as their network grows, they’ll need to reinvest the initial profit into technologies to scale their business. The specialized software will systematize the shipment process, improve the overall brokerage service offering, and ultimately organize operations a whole…
Being an entrepreneur seems exciting on the surface: pursuing a passion, setting your own schedule and, hopefully, making lots of money. But the responsibility that comes with getting a business up and running can cause immense pressure. Running your own business can be hugely rewarding, but for many business owners…
The pandemic eases in the U.S., and offices around the country commence reopening plans.Businesses are finding themselves in a constant state of transition with each county and state being in different phases of reopening, and then considering the new customers they’ve gotten over the last year. In its most-recent guidance,…
US shippers in the Southeast face several additional days of truckload service disruption, with the potential for missed deliveries and pickups, as the region recovers from sporadic fuel shortages caused by the Colonial Pipeline shutdown. Fistfights and long queues have been reported at petrol stations in the south-eastern United States…
Current market restrictions on trucks and international container capacity are expected to last through 2023.Shippers are moving to a stronger for a longer pricing cycle, many retailers are increasing their transport cost projections and retailers are already starting to raise prices by 10% to 20%.The hot market continues to affect…
Thursday, April 29, closes a significant measurement for President Joe Biden: his first 100 days in office. Although the pandemic has been the new administration’s top priority, these 100 days charted an EV-focused auto industry through a federal focus on climate change, emissions standards and budding Chinese competitiveness, and potential…
Differences Between A Freight Broker And A Freight Dispatcher Though many people will use the terms dispatcher and broker interchangeably, they are quite different. Both work as intermediaries between shippers and the trucking company. What is a Freight Broker? Freight brokering is when a broker agent works with both shipping…
Just like every industry has a core professional, the truck dispatcher is the core professional of the transportation industry. A truck dispatcher’s job is essentially to manage freight on behalf of a carrier. That includes using load boards and personal connections to locate freight that needs to be shipped, speaking…
Commercial truck driver jobs are forecast to make some of the biggest gains if the Biden administration’s infrastructure package can get through Congress without major revisions, according to a report analyzing the plan. President Joe Biden unveiled his $2 trillion infrastructure bill, labelling it as the American Jobs Plan. He…
The initial supply and demand shocks caused by the pandemic were followed by an import surge as suppliers tried to replenish inventories, which threw normal transportation operations into turmoil. In the United States, this has included a lack of freight-handling capacity at Los Angeles and Long Beach ports, overloaded U.S….
