Uber Freight's new program draws scrutiny, ILA negotiations hit a wall, and FMCSA's Operation Protect Your Load takes aim at unlawful freight brokerages.
Will Jenkins is betting on Shipper CRM. Curious why he says it’s ‘a must-have’?
Plus: Schneider to soon launch new intermodal service, Home Depot's Q3 earnings, UberFreight + Greenbriar's creative deal, and more.
Spot market faces a stagnant bottom due to lack of consistent trends. While there are some rate upticks, major surge in rates seems unlikely without a significant market shift.
Despite the deflationary inflection point in Q1 2023, Pickett Research forecasts a shift towards inflation in the TL rate cycle by Q4 2023.
Despite the rise in US manufacturing spending, the expected impact on trucking freight volumes may not be as significant due to industry specifics.
A Federal Reserve Bank of San Francisco research paper suggests 60% of the US inflation surge since 2021 is due to global supply chain disruptions. An easing of these pressures is now evident with lower freight and container rates.
FedEx Freight is closing 29 locations to streamline its operations, significantly impacting Arkansas and surrounding states.
The South is transforming into the US's new industrial heartland, with investments pouring into sectors such as EV battery production.
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Check the varying trends for 30-day average dry van rates in the Greenscreens Network across different routes as of June 19, 2023. Rates subject to market and seasonal factors.
U.S. heavy industry is seeing a surge of investment, creating a 'manufacturing supercycle' that could shape the economic landscape for years to come.
Signs point to the trucking industry nearing the end of the current freight recession, with trucking revenue still high despite reduced demand. A market turnaround, however, is yet to be seen.
Tiger Cool Express, an innovator in temperature-controlled domestic intermodal, has closed, impacting over 50 jobs. The closure follows declining demand for intermodal and low trucking rates.
US cities see inflation return to Fed's 2% target. Major factors like energy costs and consumer spending reflect optimistic economic outlook.
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