Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 10/08 · 12:00 PM · LM Editorial
Now that pricing has been restored and capacity restrained, the leading vessel operators are staging a comeback. What lessons have they learned from the recent recession and dismal earning cycles? Here’s what the top analysts are saying.
Posted 10/07 · 09:57 AM · LM Editorial
Preliminary data recently released this week by freight transportation forecasting firm and consultancy FTR Associates indicates that September Class 8 truck total net orders for North American OEM’s at 14,872 units are up 21.6 percent over August and 38.8 percent year-over-year.
Posted 10/04 · 08:51 AM · LM Editorial
Even though the economy remains stuck in neutral, it appears that the trucking market may be gaining some sustained momentum, based on the September edition of the Cass Information Systems Freight Index.
Posted 10/01 · 08:20 AM · LM Editorial
As noted in today’s news, the U.S. Department of Justice may not be through with naming forwarders guilty of price-fixing.
Posted 10/01 · 08:06 AM · LM Editorial
While news that half a dozen major international freight forwarders have plead guilty to price-fixing, there may be more collateral damage to come.
Posted 09/30 · 08:08 AM · LM Editorial
Truck tonnage continued its path on an uneven road, with August volumes seeing a sequential decline for the third time in four months, according to the American Trucking Associations (ATA).
Posted 09/29 · 01:44 PM · LM Editorial
New bill Would require Electronic On Board Recorder
Posted 09/28 · 06:44 AM · LM Editorial
Financially ailing YRC Worldwide, which controls nearly 20 percent of the $26 billion LTL market, has won another round of concessions from the Teamsters union, pending a rank-and-file vote.
Posted 09/22 · 06:31 AM · LM Editorial
The air cargo industry has made unexpected gains in recent months, but analysts are not predicting that the trend will continue into 2011.
Posted 09/20 · 09:03 AM · LM Editorial
Damco, the logistics arm of A.P. Moller-Maersk and one of the world’s “top 20” providers of freight forwarding and supply chain management solutions, has announced that Maersk Distribution Services Inc. (MDSI) will be integrated into Damco.