E-commerce driving demand for warehouse space — and increasing rent
Market conditions are as strong as ever, with record-high asking rents for warehouse leasing space, according to CBRE’s U.S. Industrial
ATA For-hire Truck Tonnage Index falls slightly two years in a row
Last week’s release of the American Trucking Associations’ (ATA) For-Hire Truck Tonnage Index increased 0.5% in August after falling 1.1%
Retail shopping expected to increase during supply chain struggles
The combination of pent-up demand, high levels of personal savings and consumers wanting to shop retail for the upcoming holiday
National dry van spot rates broke $2.50/mile for the first time
Peak-season shipping is well and truly underway, especially on the West Coast where about a third of all imported containers
Volumes surged with inventory restocking and Hurricane Ida
The latest release of the American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index decreased 1.2% in July after falling
Dry van carriers should prepare for shifting freight demands
The latest release of the Retail Truck Tonnage Index from Michigan State University indicated July tonnage remained strong. “We are
Import volumes surge, creating intermodal congestion
Import volumes continue to surge ahead of the holiday retail season according to the latest data from IHS Markit. Containerized
Demand for drivers and trucks expected to last for rest of 2021
The recent Journal of Commerce truckload carrier earnings call gave us some insight into what demand is expected to look
Port congestion top-of-mind as holiday imports begin
The Port of Savannah ranks number four in the country for loaded container imports. It’s the first container terminal in
Dry van outlook is strong but surging container ships continue to impact rates and volume
The National Retail Federation (NRF), the world’s largest retail trade association, forecasts a promising demand in the dry van sector.
Busy port markets continue to see high rates
The May 2021 reading of the for-hire trucking ton-mile index produced by Yemisi Bolumole and Jason Miller at Michigan State
Dry van volumes forecasted to increase
The Logistics Managers Index (LMI) is a combination of eight unique components that make up the logistics industry and is