Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Freight rates have leveled off (and even retreated, in some cases). Reefer freight rates continue to drop, with a current national average of $2.14 Terrill Transportation Inc.

Uber Freight: Another “Uber-for-Trucking”?

Freightos

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. Technology, Infrastructure: Make Freight Great Again. The Federal Aid Highway Act of 1956 enabled unfettered national transportation with four lanes and no traffic lights.

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Shippers Discuss Freight Procurement Strategies and Concerns at Chainalytics’ Annual FMIC Summit

CHAINalytics

| By Kevin Zweier | Vice President, Transportation | Chainalytics | We recently concluded our Freight Market Intelligence Consortium (FMIC) Summit in Denver in late April. During the event, I had the opportunity to moderate a panel with three experienced and very knowledgeable transportation professionals focused on “Transportation Procurement in Challenging Markets.”

This Week in Logistics News (December 5-9, 2016)

Talking Logistics

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. are scouting potential sites, including busy roads near Denver International Airport, with a goal of launching in 2018.

2017 Outlook: The Freight Recession is Over

DAT Solutions

The freight recession is over. Energy exploration and fracking petered out, and the accompanying freight dried up. Freight volume and rates finally began to revive in May 2016, and year-over-year volume comparisons turned positive in August. Instead of tapering off after October, as retail freight did in years past, a boom market emerged for truckload transportation in November and December.

Freight Availability Remains High, Despite Declines

DAT Solutions

In fact, there were more load posts on DAT Load Boards from January through September 2015 than in any other year except 2014 -- which was an exceptional year in freight transportation. Rates are derived from DAT RateView and are based on actual rate agreements between freight brokers and carriers, on 65,000 point-to-point lanes across North America. 18-24, above, also shows favorable load-to-truck ratios in the Dakotas, but freight volume there is more moderate.

Freight Abounds, but Rates Return to July Levels

DAT Solutions

We expected the sizzling hot freight market to cool off a little, and it did. A seasonal transition is underway in produce harvests, as we head into the back-to-school season, so there is lots of demand for temp-controlled transportation. Van Freight Abounds, but Rates are Down. We did have a dip in load availability last week but there’s still a lot of freight out there for vans.

How to Protect Shipments from Freezing Temperatures

Freight Center

Don’t let the cold hurt your freight and bottom line. As a rule of thumb, remember the freight shipping industry recognizes November 1 st through April 30 th as “freeze protection season” or the time period freeze protection services will be most in demand. The winter months can be brutal in terms of weather and that impacts the transportation business greatly. If your freight has the potential to freeze, then yes. Get your free freight quote or call (800)716-7608.

Using Artificial Intelligence to Improve the Shipper / Carrier Experience with Erik Malin

The Logistics of Logistics

Erik has been a guest speaker for multiple companies and conferences, including the Denver Transportation Club, Landstar and most recently the 3PL & Supply Chain Summit: Atlanta. 03:17] I have seen Loadsmart in the news a lot lately – clearly bringing some innovation to the freight brokerage space. Loadsmart is a digital freight brokerage that is more “nerd” than “freight broker.”. download the audio file. [00:21] 00:21] Opening / Introduction. [01:04]

Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

Given that the study was funded by an Atlanta-based group, the results are hardly authoritative (for instance, a number of major cities, such as Boston, Charlotte, Denver, Philadelphia, Phoenix and Washington, are not included in the study), but they do offer an interesting view on the supply chain capabilities of seven major regions. A look at the supply chain readiness of several major U.S. cities, and their adoption of smart-city technologies.

Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Each group oversees freight that enters their region and plans for specific market trends in their respective states. Outbound freight to New Jersey is almost non-existent.

Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. . This has especially been the case for Pacific N orth P lains and in outbound California refrigerated freight. .

Fuel Prices Keep Pressure on Van Rates

DAT Solutions

The looser capacity up north were offset by intense demand for dry van freight transportation across the southern band of states, from California through the entire Southeast region last week. DAT load boards provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions.

Next-Gen Supply Chain Management

Talking Logistics

But, if we are to truly transform supply chain management, we do need the ability to envision, design, and blueprint a solution for operationalizing e-2-e transportation management, if not for the entire supply chain. Transportation now accounts for about 63% of total supply chain cost, so it is vital to get right. Mr. Bentz has more than four decades in supply chain consulting, transportation and logistics, and currently leads Transplace Consulting Services.

[INFOGRAPHIC] Super Bowl of Manufacturing: Wash. vs. Mass.

Cerasis

Last year’s blowout victory for the Seahawks over the Denver Broncos was the biggest television event to ever air in the U.S. Washington has a storied legacy of innovation in transportation (Boeing ( BA )), food (Starbucks ( SBUX )) and technology (Amazon ( AMZN ) and Microsoft ( MSFT )). appeared first on Freight Logistics Company | Cerasis. Super Bowl XLIX takes place Sunday between the Seattle Seahawks and New England Patriots, but you probably knew that already.

This Week in Logistics News (May 30 – June 3, 2016)

Talking Logistics

DAT Launches Streamlined TMS for New Freight Brokers. In a blog post published today, Michael Bender, EVP and Chief Operating Officer, Walmart Global eCommerce, writes: Walmart will start with tests of grocery delivery through Uber and Lyft, which we expect to start within the next two weeks in Denver and one other market. What was your first concert? Mine was UB40 my freshman year at Cornell, followed by Tracy Chapman a few months later.