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.
UPS reports first quarter earnings decline
April 23, 2024
Quarterly consolidated revenue, at $21.7 billion, fell 5.3% annually, and adjusted earnings per share, at $1.43, saw a 35.0% annual decline. Consolidated quarterly operating profit came in at $1.6 billion, which was off 36.5% annually.
LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics
April 18, 2024
During this podcast, Nightingale provided a detailed overview of the new Cowen/AFS Freight Index report and variuous market issues.
Investor expectations continue to influence supply chain decision-making
April 17, 2024
More shareholders are expecting supply chains to become resilient to protect the bottom line.
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The Next Big Steps in Supply Chain Digitalization
April 16, 2024
Technology continues to advance and new developments are building on the foundation that is now in place in many supply chains. Here are five of the most significant advances shaping the next wave of digitalization.
Under-21 driver pilot program a bust with fleets as FMCSA seeks changes
April 16, 2024
The FMSCA says only 113 motor carriers have applied for its under-21 truck driver apprenticeship program since July 2022. That is a very disappointing turnout for an initiative that the government had expected to recruit up to 1,000 carriers and 3,000 drivers.
Diesel back over $4 a gallon; Mideast tensions, other worries cited
April 15, 2024
Diesel prices are back over $4 a gallon, according to the U.S. Energy Information Administration’s (EIA) weekly, on-highway survey of prices at 73,000 service stations and 9,500 truck stops around the country. Average diesel prices rose by 6.5 cents, increasing to $4.06 per gallon as of Monday, April 8. The Western states of Arizona, Nevada, Oregon and Washington saw the highest average price increase for the period, rising 11 cents to $4.26 per gallon.
