According to Fitch Ratings in its latest U.S. Transportation Trends special report, recent trade friction between the United States and China and the prospects for higher interest rates are not likely to affect growth for the major transportation segments for the foreseeable future.
With a 3.2-cent increase, the average price now stands at $3.042 per gallon, following last week’s 3.8-cent increase to $3.010 per gallon.
The air forwarders, third-party logistics (3PL) providers, drayage, warehouse and airport operators are experiencing a revolution well beyond the decade of security-focused investments that had captured so much attention. 3PL technologies for Air Cargo, Air Freight Technology Trends 2018
Total third quarter invoice revenue for all TIA member study participants—at around $2.8 billion—was up 17% percent annually, and total shipments—at 1,439,237—increased 7.8%. The average invoice per shipment of $1,951 rose 8.5%, with profit margin percentage down 100 basis points to 14.6 percent. Key fourth quarter metrics by mode included:Truckload: shipments up 7% annually at…Details
The top trucking companies planning big investments and more strategic operations geared to serve shippers in a roaring freight environment—one that’s being driven by a booming economy and a tight labor market. Trucking top 50 2017, Top Motor Carriers by revenue, Highest grossing trucking companies 2017, Fedex Freight Revenues 2017
In his new book, MIT’s Sheffi argues that companies need to find the right balance between investments in sustainability and maintaining their competitive advantage. Corporate sustainability, carbon reduction and the supply chain.
Analysts and logistics service providers agree that increasing protectionism and restrictions on trade can only hinder the free flow of goods between nations—and certainly can’t be in the interest of the global transport and logistics sector. European Trade and Logistics Report, Brexit implications, European Union Trade Report, Global Trade trends
An innovative strategy to alleviate congestion on San Francisco Bay freeways, bridges, and cargo-centric arteries by extending nighttime operations was implemented by Oakland International Container Terminal (OICT) two years ago. According to the port, the solution has exceeded all expectations.
Taking steps to further expand its e-commerce, omni-channel fulfillment, and last mile service offerings, freight transportation and logistics services provider Ryder System Inc. said today it has acquired all outstanding equity of MXD Group for roughly $120 million.
In this exclusive webinar Quintiq’s Robert Oliver takes an in-depth look into the complexities of food logistics, with a special emphasis on the distribution center-to-store routing challenge.