Transport Topics: Navigating Volatility: Advanced Analytics in Transportation
In today's landscape of shifting business priorities and global market trends, transportation and logistics have become pivotal battlegrounds. Access to advanced analytics often decides who wins those competitions.
The Loadstar: Contract-shy BCOs eye a shift to index-linked pricing
Shippers have been reluctant to sign new contracts with ocean carriers, citing uncertainty about the market outlook and volatility – and some argue it’s time to move to index-linked pricing.
Fleet Owner: Class 8 truck orders up year over year
Demand for Class 8 vehicles remained strong in February as the freight industry begins its slow recovery, according to preliminary data from ACT Research and FTR Transportation Intelligence.
For Construction Pros: ACT Research: Data Suggests a 2024 Trucking Recovery
ACT Research recently came out with data on the trucking industry and the inventory cycle. This information can provide a glance into what the next few months of 2024 might look like.
Horticulture is demanding logistically compared to other types of freight, as hauling plants or supplies is different from moving a load of dish soap or t-shirts. Multi-stop routes and special handling requirements present unique challenges alongside broader concerns like finding qualified drivers, note industry onlookers.
Supply Chain Xchange: FourKites Premier Carriers Deliver Outsized Growth in Second Half of 2023
Leading real-time supply chain visibility provider FourKites today published its global Premier Carrier List (PCL), recognizing the growing community of brokers, carriers and 3PLs who are achieving the highest standards of visibility-related operational excellence across all modes of transport.
BNN: Trucking Spot Market Hit Hard: Load Posts Plunge, Financial Strain for Carriers Intensifies
As the trucking industry navigates through a prolonged down cycle, the latest data from DAT Freight and Analytics reveals a significant drop in load posts on its platform, marking a challenging period for carriers.