Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 03/31 · 11:57 AM · LM Editorial
A recent survey from Transport Capital Partners (TCP) explained the current state of various motor carrier market fundamentals in terms of volume and rates, to give shippers an up-to-date snapshot on things as the calendar turns to April.
Posted 03/27 · 08:15 AM · LM Editorial
It goes without saying that this winter had major impacts, none of which were really good, in terms of supply chain efficiency for the most part. But with the calendar indicating spring has sprung, it seems like a good time to look back at what everyone dealt with and how, hopefully, things get better from a volume and timing perspective for all supply chain stakeholders.
Posted 03/24 · 11:20 AM · LM Editorial
Detroit-based Locqus is a free service that helps businesses manage sales, jobs, billing, and employees in the field. The start-up company is pitching itself to private fleets and others to enable those companies to automatically share real-time updates to scheduled appointments while in transit to a job.
Posted 03/24 · 08:54 AM · LM Editorial
The freight brokerage market has another behemoth in the mix, with the recently announced definitive merger agreement of two non asset-based third-party logistics (3PL) service providers Chicago-based Coyote Logistics and Access America Transport (AAT), which is out of Chattanooga, Tenn.
Posted 03/20 · 12:46 PM · LM Editorial
Seasonally-adjusted (SA) truck tonnage in February rose 2.8 percent, following a 4.5 percent decline in January. Compared to a year ago, the February SA was up 3.6 percent and on a year-to-date basis SA tonnage is up 2.3 percent.
Posted 03/20 · 09:17 AM · LM Editorial
Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, acquired Jacksonville, Fla.-based Comcar Logistics, a non-asset based truckload brokerage.
Posted 03/16 · 12:21 PM · LM Editorial
While there was a bit of a decrease, the American Trucking Associations (ATA) reported today that the turnover rate at large truckload carriers for the fourth quarter of 2013 came in at 91 percent.
Posted 03/14 · 11:14 AM · LM Editorial
Large trucking companies and shippers are welcoming a government proposal to require electronic logging devices in heavy trucks as a way to bolster trucking safety.
Posted 03/13 · 09:28 AM · LM Editorial
FTR's Trucking Conditions Index for January, the most recent month for which data is available, was 8.82 and is up 2.8 points from December, with FTR explaining that gain is indicative of what it described as belated improvement in truckload rates that started to take hold last July, when changes to driver Hours-of-Service (HOS) regulations commenced.
Posted 03/12 · 10:31 AM · LM Editorial
Data recently issued by Portland, Oregon-based freight marketplace platform and information provider DAT showed a host of annual gains for spot market loads and capacity in February.