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Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility.
Brian is passionate about Freight Network Engineering, building relationships, continuous improvement, analytics, and taking a hands-on approach in working with clients and teammates to achieve win-win solutions. LTI has strong density and capabilities in the Midwest and select markets in Georgia, Eastern Pennsylvania, Texas, and Colorado.
Rick received a Bachelor of Arts degree in psychology from the University of Colorado at Boulder. Now, Rick uses his first-hand experience to inform the strategy behind KlearNow’s logistics technology and services. About KlearNow. Key Takeaways: The KlearNow Story.
The dynamic could represent an improving freight market, but it also reflects transportation companies offsetting higher operating costs through rate increases. (The report classifies a reading over 70 as “significant expansion.”) The pricing index has outpaced the capacity index for 13 straight months. than at larger entities (56.7).
Colorado also adopted the rule but will have a heavy duty truck provision begin in 2027. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Last month, the parties announced a tentative agreement on certain key issues.
Moving on to this week’s supply chain and logistics news… Uber’s Otto hauls Budweiser across Colorado in self-driving truck (Reuters). August 2016 North American Freight Numbers. I am forever grateful. To all who knew and loved him, may his memory be a blessing. Jabil Enters Supply-Chain Software Business (WSJ – sub.
DAT’s Accelerated Freight Matching Launches with New Load Board App for Carriers and Paperless Onboarding Service for Brokers. R2 Freight & Logistics, Inc. October Air Freight Demand Up 8.2% – Fastest Growth in 18 Months (IATA). The Colorado Transportation Department and infrastructure developer Aecom Inc.
freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,
Accellos, headquartered in Colorado Springs, Colorado, is a global provider of logistics, warehouse, third-party logistics, transportation and mobile fleet management software solutions. Freight & Transportation Information Technology News & Info Third Party Logistics freight management scm suite supply chain TMS transport'
Colorado State University (CSU) forecasts 23 storms, 11 hurricanes, and 5 major hurricanes—the highest prediction they have ever issued. Flooded or closed roadways, bridges, and overpasses can delay freight, rail, and even air cargo. For example, during Hurricane Harvey in 2017, the total trucking freight load fell by 10%.
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .
The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Missed schedules could keep rates high well into November, when the holiday freight season would ordinarily start to wind down. That means higher volumes, and likely higher freight rates, just when weather starts to turn ugly.
There is a shift underway right now in the refrigerated freight segment. More restaurant spending, more contract freight. The big food service outfits have private fleets, or they work with contract carriers, so the restaurant trend "eats away" at the refrigerated freight volume on the spot market. Two main factors are involved.
In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year. Suppose a CPG brand decides to shift its manufacturing capacity from Rhode Island to a higher-cost, yet more-sustainable, alternative in Colorado.
The war concluded with Mexico losing a significant portion of its territory, including present-day California, Arizona, New Mexico, Texas, Nevada, Utah, and parts of Colorado and Wyoming. Just twenty-five years after gaining its independence, Mexico faced a war with the US - The Mexican-American War (1846-1848). –Mexico border.
freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. freight, logistics and parcel movement industry. The LMI has now declined 6.7
December 8, 2015 – Fair Lawn, NJ – Boulder, Colorado-based Aurora Organic Dairy (AOD) selects the UltraShipTMS solution for supply chain logistics management after a rigorous evaluation of the leading TMS solutions serving high volume shippers. US Leading Producer & Processor of Store-Brand Organic Dairy Selects Growing TMS Platform.
Cassidy ( @WillB_Cassidy ), Senior Editor at The Journal of Commerce , writes, “US shippers and transportation providers need to start preparing now for a potentially destructive 2021 hurricane season along the East and Gulf coasts, according to digital freight marketplace Convoy.
This new collaborative service leverages Con-way Truckload’s capabilities in Mexico through its CFI Logistica subsidiary, “where it has 10 offices, an extensive drayage network and 40 years of in-country experience, and Con-way Multimodal’s resources, systems and freight procurement expertise.”
This Saturday, Chris and I are heading to Colorado Springs for SMC3’s Connections 2024 Conference. The weekly Freight Forward LinkedIn newsletter will continue as well as the weekly updates. These commentaries are focused on supply chain, e-commerce, the market and other topics that I find interesting.
Zac Rogers, Associate Professor of Operations and Supply Chain Management at Colorado State University was the principle presenter. A year ago, it was reinforcing evidence of a freight and logistics industry recessionary period, including a noteworthy inventory overhang across retail channels. was rather significant.
The self-driving tractor trailer traversed 120 miles of Colorado’s I-25 while the driver hung out in the sleeper cab , and by all accounts, the ride went smoothly. The Benefits of Automation In 2014, trucks transported more than $700 billion worth of freight , which is nearly three times more than any other mode of transportation.
Now in Colorado, with baby in tow, we attended a very nice, very quiet, “adults-only” wine tour.which became, for us, an “adults-only with napping baby” wine tour. Interestingly, we all had significant experience in the freight, logistics, sourcing, and supply chain world. Hot topics included the rise of driverless trucks.
Three themes seem to be emerging around AV in freight transportation: Tension between state and federal regulators. One example of this is that California already restricted AV testing to under 10,000 pounds, which is why the Otto “beer run” occurred in Colorado and not California. Policymakers view safety as AV’s greatest benefit.
The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. At this point the overall numbers suggest that the freight market is regressing back towards the mean.”. Readers can dive into the data to ascertain specific increases in volatility components.
Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. Supply Chain Matters highlights this week’s release of the U.S. Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. Further reported was that volumes of U.S.
A major freight company employs a team of meteorologists that works closely with its flight dispatchers and contingency coordinators, for example. When Cisco saw news of wildfires in Colorado in 2012, it wasn’t concerned, because it had no manufacturing or suppliers in the area.
While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. Last week we cited a report by The Wall Street Journal indicating that the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023.”
The self-driving tractor trailer traversed 120 miles of Colorado’s I-25 while the driver hung out in the sleeper cab , and by all accounts, the ride went smoothly. In 2014, trucks transported more than $700 billion worth of freight , which is nearly three times more than any other mode of transportation.
The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,
The canal disruption is further noted as having more freight being routed to U.S. Logistics Managers Index (LMI) that declined to contractionary level and reflecting rather noteworthy trending. Specifically noted is the impact of higher fuel prices within China having ripple effects globally in the coming winter months.
LTL Carrier Profile: YRC Freight. YRC Freight is the third largest less than truckload (LTL) carrier with approximately $3.2B YRC Freight has 9.2% YRC Freight is the largest subsidiary of YRC Worldwide Inc. LTL Carrier Profile: YRC Freight Equipment & People. LTL Carrier Profile: YRC Freight Service Area.
Uber Freight: Another “Uber-for-Trucking”? After news broke last month that Uber was unleashing a trucking offering, it came as no surprise when it launched Uber Freight , an online trucking marketplace for US LTL. Load-matching technology (even the Uber For Freight model) isn’t new. That’s a lot of freight. Established.
Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Colorado is geographically diverse with plains covering the eastern part of the state before reaching the Rocky Mountains further west. What is produce season? Heaviest Peak: June-July. Predominant Crop: Corn.
Freight rates have been in decline since the calendar flipped to 2019. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.
Supply Chain Matters Takeaways For the logistics and transportation sector, the latest June 2023 LMI data reinforces that a contractionary or freight recession period remains and can likely extend itself based on whether the U.S. Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023.
Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. That compares to $9,279.46 per 40-foot container reported at the end of February. This index stood at $9,304 at the end of 2021.
We have written about the truck driver shortage quite often and its impact on transit times and freight costs. Even without a shortage of gas in the US, because companies can’t find enough drivers in places like Colorado, Iowa, and the Pacific Northwest, a scattering of gas stations have briefly run dry.
The facility is small by comparison to ones used by major widebody carriers like United Airlines and American Airlines but is important for the large community of freight forwarders that rely on Southwest for domestic air transport. The top inbound shippers are Hasset Logistics and UPS Mail Innovations, according to a Southwest fact sheet.
Founded in 2002 with over 100 consultants and based in Boulder, Colorado , Spinnaker SCA designs and builds agile supply chains for leading brands across Consumer Staples, High Tech, Industrial Manufacturing, Retail & Apparel, Medical Devices, and Distribution Industries.
Freight rates have been in decline since the calendar flipped to 2019. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.
We’ve talked about the truck driver shortage and its potential to disrupt domestic freight shipping—fewer people are choosing to become truck drivers, leading to a serious dip in trucking capacity over the course of just a few years. of all freight revenue will be done through mobile brokering by 2025.
Every freight brokerage uses one— or a combination of— four main booking structures: 1) Outbound region, 2) Inbound region, 3) ‘Carrier manager' model, and 4) ‘Free for All.' Freight Brokerage ‘Booking Structures’ 1: Outbound Region The outbound region model is also referred to as the ‘outbound state’ model.
Every freight brokerage uses one— or a combination of— four main booking structures: 1) Outbound region, 2) Inbound region, 3) ‘Carrier manager' model, and 4) ‘Free for All.' Freight Brokerage ‘Booking Structures’. Therefore, freight brokerages need a great deal of load volume to optimize this model correctly.
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