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Diesel average heads up for fourth straight week, reports EIA

BusinessBy Brian BatemanJanuary 18, 2018Leave a comment

Compared to the same week a year ago, diesel’s average is up 44.3 cents. What’s more, this week’s price is the highest in three years, going back to the week of January 12, 2015, when it came in at $3.053 per gallon.

When it comes to trucking market conditions, change is in the air

BusinessBy Brian BatemanJanuary 17, 2018Leave a comment

For more than a while, we have seen slow and steady economic improvements that have manifested themselves in many ways through things like improving retail sales, United States-bound imports, modal volume, and some signs of sustained GDP growth. Now, take those factors and consider what is happening in trucking, with things like the recently implemented…

Making the Case For: An Automated Dimensioning Solution

BusinessBy Brian BatemanJanuary 17, 2018Leave a comment

Read our new Making the Case download to learn how a growing number of shippers are managing these market pressures and realizing significant ROI from investments with the help of automated dimensioning solutions.

project44 rolls out multimodal integration with MercuryGate TMS

BusinessBy Brian BatemanJanuary 16, 2018Leave a comment

Chicago-based project44 said it kicked off what it called an expanded integration into cloud-based transportation management systems (TMS) provider MercuryGate International Inc.’s TMS.

Making the Case for FedEx Critical Inventory Logistics

BusinessBy Brian BatemanJanuary 16, 2018Leave a comment

FedEx Critical Inventory Logistics is designed to help companies streamline and drive costs out of their aftermarket service supply chains to meet customer service level agreements and grow their bottom-line revenues.

Panjiva says U.S.-bound waterborne shipments see gains in December and for 2017

BusinessBy Brian BatemanJanuary 15, 2018Leave a comment

December shipments––at 965,917––were up 3.8% annually and down 2.0 percent compared to November’s 979,797. The busiest month of 2017 was August, which came in at 1,068,521 for an all-time record. December also marked the 17th time in the last 18 months that shipments were up.

LTL rates seen zooming in excess of 5 percent this year, veteran truckers say

BusinessBy Brian BatemanJanuary 15, 2018Leave a comment

Less-than-truckload (LTL) shippers are facing what top trucking executives are calling a “new era” in LTL pricing because of a combination of pent-up demand, surging e-commerce deliveries and a tightening capacity due to increased government regulations and a shortage of qualified drives.

Retail sales finish 2017 with momentum, says Commerce and NRF

BusinessBy Brian BatemanJanuary 13, 2018Leave a comment

Commerce reported that December retail sales saw a 0.4% increase from November to December at $495.4 billion along with a 5.4% annual gain. NRF reported that December retail sales increased 0.4% on a seasonally adjusted basis compared to November and were up 4.6% annually on an unadjusted basis.

2018 Rate Outlook: Economic Expansion, Pushing

BusinessBy Brian BatemanJanuary 12, 2018Leave a comment

Trade and transport analysts see rates rising across all modes in accordance with continued expansion of domestic and international markets. Economists, meanwhile, say shippers can expect revenue growth in transport verticals to remain in the 3%-plus range.

2018 Customs & Regulations Update:10 observations on the “digital trade transformation”

BusinessBy Brian BatemanJanuary 12, 2018Leave a comment

This is a watershed year for the digitization of global supply chains as companies respond to new initiatives enacted by governments and inter-governmental organizations. Those too timid to take the risk of making a mistake will simply lose out.

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