Freight Recession: Signs of Improvement?
The freight recession continues to bump along the bottom, with the spot market continuing to be battered by overcapacity amidst freight demand that is somewhat improved but still soft.
The freight recession continues to bump along the bottom, with the spot market continuing to be battered by overcapacity amidst freight demand that is somewhat improved but still soft.
CargoNet has issued a warning to supply chain professionals and the North American trucking industry saying the threat of cargo theft is “extremely” high heading into Thanksgiving 2023.
California Gov. Gavin Newsom said the fire-damaged I-10 freeway in Los Angeles will reopen Tuesday, Nov. 21, far faster than initially feared.
Iveco and Plus are establishing the first fleet pilot program in Germany to move commercial freight with automated trucks in the Baden-Württemberg-Hessen region.
The Federal Motor Carrier Safety Administration said its new rules about financial responsibility requirements for freight brokers can help cut down on fraud and non-payment of motor carriers.
J.B. Hunt and BNSF Railway continue to expand their intermodal collaboration, teaming up with Mexican rail provider GMXT to provide fast service between Mexico and the U.S.
A weekend fire beneath Interstate 10 in Los Angeles damaged the roadway structure, closing the highway indefinitely. State leaders are seeing federal help for repairs.
You’re a small motor carrier, and you’ve been trying unsuccessfully to get payment from a freight broker for months. What can you do?
Shelley Simpson, president of J.B. Hunt Transport Services, was honored as the 2023 Influential Woman in Trucking by the Women In Trucking Association.
CargoNet said there were 692 recorded theft events during the third quarter of 2023 and thieves stole more than $31 million in shipments. The company warns that strategic cargo theft by using stolen identities of brokers and motor carriers continues to increase.
Motor carriers that have been having trouble getting paid by Elite Transit Solutions may have more struggles to get what they’re owed, with reports of sudden layoffs at the 3PL and an apparent pending cancellation of its broker surety bond.
The consortium said its new Technical Standard for developing scheduling APIs for transportation management systems can make it easier to book and manage appointments; optimize processes for carriers, shippers and receivers; and drive operational efficiencies.
J.B. Hunt and BNSF said Quantum customers can anticipate up to 95% on-time delivery service approximately a day faster than traditional intermodal service.
The Department of Transportation’s Maritime Administration announced more than $653 million to fund 41 port improvement projects, some of which will improve congestion and flow-through for the drayage trucks serving those ports.
Nexus Communication and Bobit Business Media have agreed on a clarification regarding their respective "Global Fleet" events.
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