For August, the most recent month for which data is available, the SCI fell to -6.7, a sharp decline from July’s -0.1 and June’s -0.7.
Today’s freight forwarders now need to ramp up their value-added visibility services in an effort to boost revenues and put shippers at ease.
Freight shipments and expenditures in September each saw annual increases, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems.
“Uber for freight.” “On-demand trucking.” Call it what you want, but the race to develop mobile apps to match an available truck with a pending load is heating up—and the players are well-funded and looking to stand out in an already saturated market.
While the Trump administration works to water down some trucking regulations, states are more aggressive than ever in their pursuit of more revenue.
Class I railroad carriers CN and Norfolk Southern announced they have partnered up on a new joint interline service offering for carload traffic between Western Canada and NS’s Eastern-based U.S. destinations. CN and NS officials said that this endeavor will reduce transit times for these routes by one to two days.Details
It goes without saying that in these days of rapid e-commerce growth, consumers are getting more accustomed to getting what they want, or ordered, when they want it. This, in turn, creates challenges for retailers to get orders to customers, challenges that can be expensive but needed. That is a key takeaway from the 2017…Details
Carloads eked out a 0.2% annual increase to 268,943, and intermodal again set a new all-time weekly record, up 5.6% to 291,046.
Having full visibility into key operations–whether for tracking shipments, managing on-time deliveries or having a consolidated view of financials–can be the difference between thriving and barely surviving.
With a 4.6% annual gain to $97.4 million in August, this marks the 10th consecutive month of increases, with all five major transportation modes carrying more freight by value.