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
In an effort to expand its last-mile delivery services, Lima, Penn.-based 3PL services provider Pilot Freight Services said this week it has acquired Manna Freight Systems, a Mendota Heights, Minn.-based provider of last-mile logistics services.
Falling 0.4 cents, this week’s average is $3.239 per gallon. The previous two weeks saw gains of 0.7 cents and 2.0 cents, respectively.
This webcast explores the gains to be made by properly leveraging 3PLs for optimized service and demonstrates how shippers can measure ROI and plan for the future.
Trucking and intermodal pricing levels continue to reap the benefits of a very strong freight environment. That is the main takeaway from the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.