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Southeastern Freight Lines, a provider of regional less-than-truckload transportation services, announced the opening of a second service center in Houston, Texas in response to growing business in the region.
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The amount of spot market freight available at the end of May and into the first of June fell dramatically while rates barely changed. New figures from freight-matching service provider DAT TransCore show May 26 through June 1, the number of spot market loads available in the U.S. fell 19% from the previous seven days.
Read More →FTR's Noel Perry discussed the role of regulatory shocks in capacity and freight rates, plus the economic backdrop to what's going on in the industry, in FTR's recent State of Freight conference call.
Read More →The amount of freight carried by the for-hire transportation industry rose 0.2% in September from August, rising after a one-month decline
Read More →Spot market freight volumes reported by the DAT North American Freight Index finished the first quarter of 2013 up 7.7% compared to the first quarter of 2012 and rose 11% over the previous quarter.
Read More →The latest industry survey by the consultancy group Transport Capital Partners sees a shortage of capacity and lack of qualified drivers changing the dynamics of freight, with trends in capacity and rates also contributing to a decline in broker freight.
Read More →In Hurricane Harvey's wake, the rearrangement of supply chains, the difficulty of shipping in the flooded region, and a tightening spot market pushed spot freight rates higher on 78 of the top 100 van lanes in the country.
Read More →Consolidated Freightways has signed a letter of intent to purchase FirstAir, Inc., an airfreight forwarder based in St. Paul, MN
Read More →E-commerce growth, drones, lower-emission vehicles, and sky-high logistics costs are among the trends examined in a new report by TRIP.
Read More →Over the next 10 years, Uber Freight and Waabi intend to deploy billions of miles of Waabi Driver capacity on the Uber Freight network, with the first commercial route now live in Texas.
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