The pricing train for truckload and intermodal freight movements continues to accelerate at a rapid clip, according to data in the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.
There’s a national labor crisis in full effect, and it’s getting harder and harder for companies to ignore. Today’s organizations face unprecedented workforce management challenges.
The ATA reported this week in its quarterly Trucking Activity Report that the annualized turnover rate for large truckload carriers or fleets with more than $30 million in annual revenue, increased 6% to 94% in the first quarter of 2018. This marks a 20% annual increase.
The company explained that demand for spot market truckload shipments in May hit its highest levels ever for various reasons, including seasonal shipments, and increasing fuel prices, as well as dry van and refrigerated, or reefer, rates in May at their highest levels going back to January and flatbed rates also hitting a new high.
Late last week, nearly thirty transportation grants were awarded by the United States Department of Transportation (USDOT) through its Nationally Significant Freight and Highway Projects program, which was established in the Fixing America’s Surface Transportation (FAST) Act of 2015. The Nationally Significant Freight and Highway Projects program is now called the Infrastructure for Rebuilding America…Details
The “U.S. Port Report,” recently released by Descartes Datamyne reveals that U.S. ports are finding new ways to capture specific commodities while remaining competitive in a broader global trade context.
Breaking down barriers to U.S. supply chain efficiency needs to be a major focus of America’s economic agenda instead of the “America First” fascination by the current administration.
Carloads were up 3.2%, or 41,078 units, annually to 1,319,420, and intermodal containers and trailers rose 6.6%, or 86,010 units, to 1,398,203.
News and trends impacting the agriculture supply chain.
Spotlight on efficiency-boosting products for warehouses and distribution centers.