The most recent edition of the Cass Freight Index Report from Cass Information Systems continued to point to a very strong freight economy, with both freight shipments and expenditures finished the first half of 2018 in strong fashion.
XPO manages more than 6,000 pallets of life-sustaining supplies at two New York City facilities that are responsible for emergency distribution, adding that this program is the largest of its kind on a municipal level in the United States.
There is a lot to like about the current strength of the freight transportation and logistics economy.
CargoSmart Limited recently announced its initiative to develop a blockchain solution for shipment documentation to improve complex supply chain processes.
This was ahead of the 240,154 carloads for the week ending July 7, which was likely impacted by the July 4 holiday and ahead of the week ending June 30 at 270,916.
FTR said that trucking conditions are only expected to improve as freight season enters its peak, with the TCI expected to head up as the year goes on and into 2019. And it added that excluding fuel surcharges, total truckload rates are expected to be up 13% for 2018. FTR also noted that as more…Details
Freight forwarders are being given a new “digital connectivity” tool enabling them to instantly look up contracted rates, assess capacity, and book cargo on specific flights in real-time, via the its air cargo platform for forwarders.
LM reader survey points to promising Peak Season, with strong economy and tariffs top of mind.
Improper tariff classification is a top reason why shipments are delayed at the border and can be a red flag for CBP agents in identifying potential audit candidates.
There will be no replay of a costly and damaging strike by UPS Teamsters of 20 years ago as the world’s largest small package company and its approximately 265,000 Teamsters have reached what UPS calls a “handshake agreement” on a five-year labor deal that could pave the way for Sunday deliveries. But the costly agreement…Details