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The report encompasses planning and execution applications (freight moves involving a carrier) and fleet management applications (freight moves involving transportation assets owned by the company). Descartes was also named as one of the top firms in the planning and execution segment of the TMS market.
The event’s agenda was packed with sessions featuring major industry players: Freight and Economic Overview Thom Albrecht, Chief Revenue Officer at Reliance Partners, opened with a discussion on the state of the industry and economy at large.
That will be followed by tires in the same year, furniture in 2028, and mattresses in 2029. Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico Freight Forwarding/Customs Brokerage The Top 8 EDI Myths - Debunked! Timely, incisive articles delivered directly to your inbox.
Yet ANOTHER capacity crunch in the freight industry as consumers purchase beverages at the highest rate of the year. Beverage season in freight terms typically arrives in mid-to-late May and runs through mid-July. billion in 2025 and averaging a compound annual growth rate (CAGR) of 10.05% between 2024 and 2029.
flagged fleet by 2029, backed by a $20 billion investment in U.S. The reflagging of such a significant ship aligns with President Donald Trump’s Executive Order on Restoring America’s Maritime Dominance, a directive aimed to solidify the United States’ competitive edge in global commerce. CMA CGM has committed to tripling its U.S.-flagged
built vessels beginning in April, 2029. Hanwha Philly Shipyard was created several months later after the facility was acquired from Norwegian firm Aker. Furthermore, the U.S. vessel requirements specifically require U.S.-built It’s not clear whether the Hanwha ship will still qualify.
They are expected to retire between now and 2029 creating a big gap of skilled logistics professionals. Is your freight invoice accurate? Experience could be limited to skills and knowledge developed in a certain job or activity. This is no longer sufficient. Her teaching proves the diverse expertise she has developed over a decade.
from 2017-2029. Uber Freight Uber Freight offers last-mile players real-time tracking, effortless load booking through automation, and in-app communication between shippers and carriers, streamlining all logistics operations. In a recent study, the Mexican logistics industry is projected to achieve a CAGR of 4.9%
The rulemaking is expected to take three years and wouldn’t affect truck sales until 2029 or 2030. The key metric to watch is grams of carbon-dioxide (CO2) per ton-mile, or how much CO2 a truck emits for every ton of freight it moves one mile. of domestic freight tonnage in 2019. According to industry data , trucks hauled 72.5%
Reportedly, this aircraft maker is currently sold out through 2029 on the narrow body A320neo family. Of added interest has been Boeing ’s ability to crank out 44 wide body air freight aircraft in 2022 in response to prior global supply chain wide material and vaccine shortages. In the widebody segment, Airbus won 63 gross new orders.
Some of these events will not likely occur in the next year, as I’ve tried to extend these predictions and recommendations for managers out to a timeline spanning 2020-2029, (which also gives me a bit of room for error). They are betting that this continue to grow for sure.
Below, we unpack the LTL freight market trends 2025 that matter to large 3PLs and brokerages, and show exactly where the new Turvo-SMC³ connection helps you capitalize. Rates: Firmer Even in a Soft Volume Cycle The Cass Freight Index shows shipments down 5.3% Nearshoring to Mexico and Southeast U.S. Ready to put these trends to work?
The revised freight services contract is projected to deliver $2.3 The contract now runs until March 31, 2029. It now provides bundled lease packages that include aircraft, crews and mechanics to fly freight; crew and maintenance in cases where DHL provides its own freighter aircraft; and charter service for short-term capacity needs.
Results at FedEx Freight, the largest less-than-truckload carrier in the nation, fell 4% to $2.9 FedEx is preparing to spin off Freight into a stand-alone company next year. Gains at FedEx Express were partially offset by higher purchased transportation and wage rates and the expiration of a major U.S. billion, down $1.1
transcontinental freight railroad. “CN American Chemistry Council (ACC) and its member companies have serious concerns about the negative impacts on American manufacturing from further consolidation in the freight rail industry,” the trade group said in a statement. “We Our industry is one of the largest users of the U.S.
In March, FedEx placed a firm order with Toulouse, France-based ATR for 10 additional ATR 72-600 production freighters, with deliveries scheduled between 2027 and 2029. FedEx has six more ATR’s scheduled for delivery by the end of next year under a pre-existing order.
The safety agency will exempt approximately 44 private carriers and their approximately 3,000 drivers from an hours-of-service and electronic logging device (ELD) requirement for the period from June 28 through July 8 through 2029, according to a notice posted by FMCSA on Wednesday.
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