With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global…Details
A report recently issued by the Problem Solvers Caucus platform focuses on bipartisan policy solutions with an eye on augmenting United States’ infrastructure. Entitled, “Rebuilding America’s Infrastructure,” the report comes at a time when the current status of U.S. infrastructure planning, from both an operational and financial perspective, is somewhat stuck in neutral.Details
December national averages for dry and reefer (refrigerated) van rates, respectively, saw 2017 highs, said DAT, and the national average flatbed rate was even with its high for the year, too.
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For more than a while, we have seen slow and steady economic improvements that have manifested themselves in many ways through things like improving retail sales, United States-bound imports, modal volume, and some signs of sustained GDP growth. Now, take those factors and consider what is happening in trucking, with things like the recently implemented…Details
FedEx Critical Inventory Logistics is designed to help companies streamline and drive costs out of their aftermarket service supply chains to meet customer service level agreements and grow their bottom-line revenues.
Chicago-based project44 said it kicked off what it called an expanded integration into cloud-based transportation management systems (TMS) provider MercuryGate International Inc.’s TMS.
Less-than-truckload (LTL) shippers are facing what top trucking executives are calling a “new era” in LTL pricing because of a combination of pent-up demand, surging e-commerce deliveries and a tightening capacity due to increased government regulations and a shortage of qualified drives.
December shipments––at 965,917––were up 3.8% annually and down 2.0 percent compared to November’s 979,797. The busiest month of 2017 was August, which came in at 1,068,521 for an all-time record. December also marked the 17th time in the last 18 months that shipments were up.
Commerce reported that December retail sales saw a 0.4% increase from November to December at $495.4 billion along with a 5.4% annual gain. NRF reported that December retail sales increased 0.4% on a seasonally adjusted basis compared to November and were up 4.6% annually on an unadjusted basis.