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…
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 companies and carriers and serve as the middle man….
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….
The blockage of the Suez Canal by a grounded container ship will likely add delays and extra costs to an already pressured logistics industry. The massive container ship Ever Given has been stuck in the Suez Canal for three days, halting billions of dollars in trade as vessels pile up…
According to the report published by Allied Market Research, the global logistics market was pegged at $7.64 billion in 2017, and is anticipated to reach $12.97 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027. Logistics is widely known as the process of coordinating and moving resources,…
Undoubtedly, 2020 was a challenging year for the United States Postal Service, just as it was a difficult year for businesses and Americans. Despite an unprecedented holiday shipping season, financial reports demonstrate that the Postal Service’s competitive package business continues to grow and remains profitable. As policymakers discuss potential postal…
