Shippers looking to shield their companies from rising truck rates soon may have a new option: a futures exchange designed to help them hedge against sudden swings and surges in pricing. TransRisk, a subsidiary of Fuller company TransFX, will be the
More cargo is moving through U.S. ports and on the nation’s highways, but whether the added volumes will boost trucking profits is another matter. According to DAT Solutions LLC, shippers ramped up activity in March. Loads available for shipment on
Video: Don Broughton, Avondale Partners, discusses the blizzard's impact on the transportation sector.
Demand for trucking and logistics services is strong and continuing to soar, according to a variety of metrics tracked by Stifel Capital Markets, but if motor carriers expect this trend to lay the groundwork for rate increases, don’t hold your brea
Atlanta was the top city for van and reefer spot market freight for the second year in a row in 2016, according to DAT Solutions. Little Rock, Ark., held also held its spot as the top city for flatbed spot freight, DAT adds.
Those looking for signs of rising US freight demand should look to the truckload spot market. As the first quarter enters its second month, “the volume of freight is significantly higher in the spot marketplace, year-over-year,” said DAT Solution
Following an “18-month malaise” in freight sparked by the collapse in oil prices at the end of 2014, says DAT analyst Mark Montague, the freight recession is now officially over. Freight volume and rates have been generally reviving since May of
What the most recent edition of the North American Freight Index clearly spells out is that the truckload spot market is heading on a growth path, showing sequential gains from July through November for the first time in five years, DAT observes that
As noted recently on CCJ, the sudden bankruptcy of one of the world’s largest maritime carriers, Hanjin Shipping, will send shockwaves through the transportation supply chain. It’s likely to also impact trucking rates, says DAT’s Peggy Dorf, an
In recent years, trucking executives have been preaching to shippers the virtues of a more collaborative relationship to help supply chains run more efficiently and to provide relief to their hard-pressed drivers. The attempts at friendly persuasion