Industry News Download Digest JOC’s Truckload Capacity Index (TCI)(TCI) continued its decline for the 4th straight quarter as large carriers eliminated capacity. The large carriers reduced capacity by upwards of 4% by reducing their independent contractors and foregoing hiring new drivers. DAT Solutions has acquired Freight Market Intelligence Consortium (FMIC) from Chainalytics. The acquisition highlights […]
2019 has shown that technology adaption in the supply chain is moving at a rapid pace. What is now available is an array of technology solutions that can directly address the concerns of shippers. The key concerns for shippers still remain cost reduction, enhancement of the customer experience, and controlling market variables that impact carrier […]
As we have seen by the recent storms, winter has arrived in most parts of the U.S. It does not take a great deal of unsettled weather for driving conditions to deteriorate and late deliveries to begin piling up. Regional weather impacts can have the most dramatic impact on customer service as carriers will shut […]
We have been seeing new ways carriers are reacting to shippers and receivers that take productive time out of a driver’s day. Picking up a shipment and delivering a shipment are the necessities to bill revenue, however, it is the movement of the shipment that drives the revenue. Regardless of mode, carriers are increasing existing […]
October’s rate per mile rose to its highest level since June, coming in at $2.14 per mile. The question on everyone’s mind is, “Are we seeing the bottom of truckload rates?” Let’s see if we can make any sense of the market with a breakdown of some of the other market indicators. Truck Sales A […]
Many of you are currently in the midst of the budget season and the looming question surrounding all of us is, “What will freight rates do next year?” To be able to give an answer that has both logic and reasoning behind it, we will be looking at two of the key indicators that we […]
Supply chains continue to evolve and driving that evolution has been improving the customer experience. As e-commerce continues to grow and set the bar in customer experience, manufacturers are beginning to see firsthand the demands placed on the direct-to-consumer market. Fulfillment of shipments from the plant direct to the consumer comes with high expectations due […]
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