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Recent economic reports from trucking industry analysts show a decline in the freight market in the near term, but it could stabilize in the long term.
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Spot market rates for dry van and refrigerated shipments in June were the highest since January as capacity tightened due to the Roadcheck inspection blitz and increased demand.
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Convoy says latest technology can help keep truckers from having to scramble to book the next load, allowing customers to book multiple loads at a time with its new Automated Reloads feature.
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The North American Council for Freight Efficiency announced the 10 fleets that will participate in its Run on Less Regional real-world fleet operational comparison study this Fall.
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J.B. Hunt Transport Services announced a new trailer pool and drop-and-hook service, J.B. Hunt 360box, designed to improve the efficiency of freight operations for businesses and carriers.
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Enterprise shippers only chose the lowest spot market freight bid 25% of the time, showing a preference for a carrier with high quality service instead of always opting for the lowest rate, according to PostBidShip.
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Chemical company BASF and bulk carrier Trimac have invested in Bulky, a freight matching consortium that is in development of a technology platform specifically aimed at the bulk industry.
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DAT Solutions has added load board functionality and business process efficiencies to eight transportation management systems that are used by thousands of carriers and freight brokers.
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McLeod Software’s TopMatch technology is a digital freight matching product that combines multiple carrier search criteria into a comprehensive search to find the best match for a load.
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Every winter impacts the economy in some way, but this season was especially tough and could have led to a slowdown in truck freight.
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