Download OneView The holidays kicked into gear with decreased truck capacity and increased what was a fairly fixed rate per mile over the last few months from $2.82 in mid-December to $2.89 to finish out the month. This was in light of the DOE average price per gallon for diesel dropping from $5.25 a gallon […]
Download Digest Shippers have begun to embrace non-asset truckload providers that can deliver spot truckload rates via API rating. The leading truckload brokerage companies have solved the challenge associated with rating a load when the procurement process to identify a carrier has not yet been executed. In other words, identifying tomorrow’s or next week’s rate […]
Download Digest INDUSTRY NEWS Mitigating volatility in 2023: After negotiations between the freight railroads and railroad labor unions failed to reach an agreement with all 12 unions, President Biden signed legislation to prevent a national rail strike on December 2nd. The U.S. business inventory to sales ratio is 1.33, illustrating a balance not seen […]
Download Digest INDUSTRY NEWS The International Brotherhood of Boilermakers became the third union to turn down a tentative agreement that was negotiated in mid-September by the railroads and the Biden administration. Today, seven unions have approved contracts, two unions are scheduled to vote on November 21 and three have rejected their agreements. Strike three […]
Download Digest INDUSTRY NEWS The headlines surrounding the ILWU labor negotiations with Pacific Maritime Associations (PMA) are less optimistic, with accusations being traded about productivity and work assignments. Assurances that a strike is not inevitable are being supported by both sides in the negotiations. The Los Angeles and Long Beach ports are current in […]
Download Digest INDUSTRY NEWS The U.S. freight railroads and unions reached a tentative agreement this week to avert what could have been a nationwide strike. The tentative contract agreement was accepted by the unions with the Locomotive Engineers and Trainmen and Sheet Metal Air, Rail and Transportation Workers stating they will submit the tentative agreement […]
Download Digest INDUSTRY NEWS The American Trucking Association released its Driver Compensation Study which covers data points from 2021. Drivers’ median compensation rose 18% to $69,687 in 2019. The American Transportation Research Institute’s (ATRI) Annual Analysis of the Operational Costs of Trucking is out for 2022. Interesting data points reflect the following: The average […]
Download Digest There has been a growing trend among shippers to get back to the fundamentals of continuous improvement as we finally work to put the impact of the Covid-19 pandemic behind us. With the ensuing disruptions we have all felt over the past two years, not to mention the changing dynamics of our businesses, […]
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