Download Digest As we wind down 2021 and look ahead to 2022, truckload bid strategies are taking on a whole new meaning as forecasts become challenging based on the volatility we have seen over the last two years. Strategies being deployed include: Shorten the annual bid term to quarterly or six months, increasing tender acceptance […]
Download Digest Industry News The mid-October announcement by the White House to begin sorting out the port congestion at LAX and Long Beach ports has proven the challenge carries a great deal of complexity and will not be solved overnight. The results so far from the efforts are not encouraging with 78 containers waiting offshore […]
Download Digest INDUSTRY NEWS LTL accessorial fees have come under greater scrutiny by LTL carriers as usage and charges increase. The latest hit to LTL pricing over is Old Dominion’s announced flat fee of $1,000 for over length shipments. The wake up call arrived with the announcement by the Port of Los Angeles to move […]
Download Digest INDUSTRY NEWS September 9th saw a record 134 vessels in the LAX-LGB San Pedro Bay port complex, which includes 74 vessels counted as “in port” waiting offshore. Of the 134 vessels, 86 are containerships. Kansas City Southern has selected Canadian Pacific as the best of two offers to buy the railroad. The $31 […]
Download Digest INDUSTRY NEWS • Uber Freight is acquiring Transplace. The $2.25 billion acquisition of Transplace jumps Uber deeper into the shipper market and the managed transportation sector. • U.S. Xpress’s Dive Insight provided to SupplyChain Drive, offers agreement that our heightened nrate and volume will persist through 2021 with Q1 illustrating a downturn. • […]
Download Digest INDUSTRY NEWS • Knight-Swift Transportation Holdings has acquired less than truckload carrier AAA Cooper at $1.35 billion. The deal propels Knight-Swift into the LTL market. • Werner Enterprises is acquiring ECM Transport Group, a regional truckload carrier based in Pennsylvania. This will add 500 trucks to Werner’s pool in a key regional market. […]
Download Digest INDUSTRY NEWS On the resource side, the U.S. added 266,000 payroll jobs in April. The call to discontinue the Federal supplement to unemployment insurance is spreading. In addition, reinstatement of work search requirements are being activated. As reported by the U.S. Department of Labor, the number of job openings reached a high of […]
Download Digest INDUSTRY NEWS Virginia joined a state trend allowing defendants in Motor Vehicle accidents jury trials to introduce evidence that injured drivers or passengers had not buckled their seat belts. Trucking leaders hail the bill as a step in the right direction to reform the industry’s litigation environment. The chip shortage is illustrating how […]
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