
Truckload Rates Keep Rising as Tight Capacity Fuels Freight Market Recovery
Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Since the company’s launch in 2018, SmartHop has raised $16.5 million to help owner-operators in the spot market pick the best loads, reduce deadhead miles, and navigate fluctuations in the market.
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The fuel cost component of FTR's Trucking Conditions Index recorded the largest negative change in more than three years.
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When Fresh Freight, a refrigerated fleet servicing the West Coast, decided to buy its own trucks, it went for a premium spec right out of the box. And the move has paid off.
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Within three years, Hegelmann Group plans to invest about $12 million into establishing the Hegelmann USA subsidiary, a transportation and logistics company based in Chicago.
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The number of new for-hire trucking companies getting authority soared in 2020, even as the pandemic hit some existing carriers hard.
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As the supply chain increasingly moves toward greater interconnectedness and visibility between carriers, brokers, and shippers, EKA Solutions said 2021 has already started out strong with adoption of its cloud-based integrated freight management ecosystem.
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John A. Smith will succeed Henry Maier as president and CEO of FedEx Ground on June 1.
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How are fleet managers and strained delivery systems keeping up with consumer trends and supply chain challenges during the COVID-19 pandemic?
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The new Phillips Connect Smart7 integrated telematics hub monitors all trailer health sensors using one device and one operating platform.
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Digital freight broker Transfix released a new version of its Fleet Planner online tool that gives small- and mid-sized carriers a centralized load-booking and fleet management platform.
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