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Layoff wave hits freight sector as nearly 9,000 jobs slashed

Freight Waves

Layoffs continue to impact the freight industry as firms across the U.S. States that saw the most freight-related layoffs include Arizona, Alabama, California, Georgia, Florida, Illinois, Ohio, Tennessee and Texas. Freight-related companies in Mexico have also recently announced major workforce reductions. In the U.S.,

El Paso 145
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This Week in Logistics News (February 18 – 24)

Logistics Viewpoints

Earlier this week, Target said it will spend $100 million to build a larger network of supply chain hubs to speed up and lower the cost of delivering online orders. It will be interesting to see if more companies take this approach to changing nature of supply chain analytics.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

That was back when demand for trucks skyrocketed because extreme winter weather caused massive disruption to supply chains. Together, the ratio and rates offer strong evidence yet that the freight recession is over. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market.

Freight 101
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Severe weather causes freight rates to slip

DAT Solutions

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. National Average Freight Rates. loads per truck. Rising Rates.

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This Week in Logistics News (December 11-15, 2017)

Talking Logistics

So, without delay, here’s the supply chain and logistics news that caught my attention this week with some brief commentary: Target to Buy Grocery Delivery Startup Shipt for $550 Million (WSJ – sub. FreightHub, a European ‘digital freight forwarder’, scores $20M Series A (TechCrunch).

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Rates and Demand Are Still High for Refrigerated Freight

DAT Solutions

Seasonal harvests are winding down, but capacity is still tight for reefer freight. Those, combined with the supply chain disruptions caused by the hurricanes, have led to tight capacity in southern Idaho, and outbound rates continue to climb out of Twin Falls. Sacramento to Denver gained 29¢ at $2.55/mile.

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This Week in Logistics News (February 4-8, 2013)

Talking Logistics

LLamasoft Introduces Supply Chain Sherpa Mobile Design and Visualization Modeling Tool. New ISF (10+2) Rule May Be Coming in May ( Supply Chain Management Review ). Cass Freight Index Report – January 2013. While we wait for the storm… C.H. Robinson Reports Fourth Quarter Results. Con-way Inc.