Download Digest Top 10 Challenges for 2022 LTL capacity: Acquisitions create constraints and carrier shutdowns add fuel to the fire. Broker Financial Stability: Small and midsize brokers are being constrained by credit limitations due the rising cost per load. Longer shipper terms and increased volume can create challenges for brokers trying to pay their carriers […]
Download Digest Industry News: LEADING TRENDS IN 2022 Editor’s Comments: I do not believe you will get much argument that 2021 has been a year of disruption. The general consensus was hoping that 2021 would see the recovery from the pandemic continue on a positive trend as we grasped for the pre-Covid normalcy. Obviously, events […]
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 • 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 Green Hydrogen: Collaboration and investment are leading to high interest in what is now termed, “Green Hydrogen.” Green hydrogen is hydrogen fuel that is created using renewable energy instead of fossil fuels. Industry groups see green hydrogen playing a vital role in eliminating carbon from the energy system. For supply chains, one leader […]
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