The freight industry is cautiously optimistic this year following a challenging 2023, according to a new report. Still, some industry metrics are signaling the beginnings of a recovery amid a lingering freight recession.
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.
Carrier executives are beginning to show optimism for a rate recovery, which could mean rising costs for customers.
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.
The Tennessee DOT has reversed course on split speed limits for passenger vehicles and commercial trucks on a 22-mile stretch of Interstate 81.
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.
While trucking faced a challenging year in 2023, an industry-leading analyst says the good news is the market probably won’t get worse in 2024.
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.
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.