Diesel average heads up for the eighth straight week, EIA reports

With a 6.8-cent increase, the average price per gallon now stands at $3.239 per gallon. This is the highest weekly average since the week of December 29, 2014, when the average stood at $3.213.

Note to CEOs: Transportation and Supply Chain Issues are Demanding a Place at the Table

Over the past couple of months, the Wall Street Journal has published several articles that indicate CEOs are “suddenly” discovering that transportation and supply chain issues can drastically impact their profitability. When CEOs from large companies like John Deere, Tyson Foods, and General Mills publicly state that their financial performance has been hurt by increased…

Trucking market continues to head in right direction, says FTR

The current outlook for the trucking sector remains very strong, with no immediate change in sight at the moment, according to the most recent edition of the Trucking Conditions Index (TCI) issued by freight transportation consultancy FTR this week.

USPS sees revenue gain but net losses remain intact in fiscal second quarter earnings

At $17.5 billion, USPS revenue headed up $235 million, or 1.4%, compared to the fiscal second quarter of 2017, but it incurred a net loss of $1.3 billion for the quarter compared to a net loss of $562 million a year ago. United States Postal Service Revenue numbers 2018, Postal Service Revenue Trends

ISM 2018: The digitization of procurement

NextGen supply chain technologies were front and center at ISM.

AAR reports gains in U.S. carload and intermodal volumes for week ending May 5

Rail carloads increased 6.4% to 265,653, and intermodal containers and trailers headed up 8.5% to 280,374.

ATA chief Spear makes the case for infrastructure bill and trade agreements in NASSTRAC keynote

In a wide-ranging opening keynote at last week’s National Shippers Strategic Transportation Council (NASSTRAC) annual meeting in Orlando, Fla., American Trucking Associations (ATA) President and CEO Chris Spear laid out a compelling case for what is working in trucking, what needs to be worked on, and what needs to happen in order to overcome a…

NASSTRAC Q&A: ODFL President and CEO Greg Gantt

Earlier this month, LM Group News Editor Jeff Berman caught up with Greg Gantt president and CEO of national less-than-truckload carrier Old Dominion Freight Line (ODFL) at the National Shippers Strategic Transportation Council (NASSTRAC) conference in Orlando, Fla. Gantt provided Berman with insight into various industry-related topics.

Nobody thinks about cargo insurance. Until a million dollars goes up in smoke.

Learn how in just one month this oil and pipeline construction cargo insurance policy saved them from a catastrophic million-dollar loss.

Port Tracker volume outlook is solid amid economic growth and threat of tariffs

Steady summer growth for United States-bound retail container shipments appears to be in the cards, even though the possibilities of steep tariffs being placed on imported goods from China remains a distinct possibility, according to the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett…