Intermodal growth volume remains intact in March, reports IANA
April 25, 2024
Total March volume, at 1,464,782 units, increased 6.7% annually, below February’s 14.6% annual increase, while topping November, December, and January, which saw gains of 3.8%, 6.4%, and 5.5%, respectively.
Descartes announces acquisition of Dublin, Ireland-based Aerospace Software Developments
April 25, 2024
Earlier this week, Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, continued to flex its M&A muscle, acquiring Dublin, Ireland-based Aerospace Software Developments, a provider of customs and regulatory compliance service.
Amid ongoing unexpected events, supply chains continue to readjust and adapt
April 25, 2024
Expecting the unexpected going back to the onset of the pandemic in March 2020 has really been a part of supply chain and logistics lexicon. As we know, there were many logistics and supply chain “lessons learned” coming out of the pandemic, which clearly still remain intact today, especially including the need for supply chain resiliency and preparedness, as well as flexible and nimble deployment of labor, assets, and technology, among others.
Shipment and expenditure decreases trend down, notes Cass Freight Index
April 24, 2024
March’s shipment reading, at 1.113, fell 3.6% annually, down from February’s 4.5% decrease and January’s 7.6% decline.
March trucking tonnage trends down, reports ATA
April 24, 2024
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index fell 2%, to 113.4 (2015=100), following a 4% February gain, to 115.7, and a 3.2% January decline.
FTR Shippers Conditions Index enters negative territory
April 24, 2024
For February, the most recent month for which data is available, the SCI reading came in at -1.4, below January’s 3.4, which was 3% below December’s 6.4 reading and also below November’s 6.3.
DAT March Truckload Volume Index sees modest March gains
April 23, 2024
From February to March, the the van TVI, at 260, was up 4%, with the refrigerated TVI, at 200, up 2.6%, and
the flatbed TVI, at 242, up 4.4%.
National diesel average, for week of April 22, is down for the second straight week
April 23, 2024
For the week of April 22, the national average fell 2.3 cents, to $3.922. This followed a 2.3-cent decrease, to $4.015 per gallon, for the week of April 15, which was preceded by a 6.5-cent increase, to $4.004, for the week of April 8.