A new add-on from Loadsmart allows users of its freight digitization technology to price and book truckload shipments in seconds.
In its latest Freight Forecast, ACT Research maintained its view that truckload and intermodal rates will fall this year due to overcapacity and weak freight demand.
First-quarter 2019 GDP grew at 3.2%, and the latest guess about the second quarter is 1.7%. That latter number is a disappointment for sure, but it is not a negative, says longtime trucking economic analyst Noel Perry. But what about freight?
EKA Solutions has launched MPlace, allowing larger shippers, brokers and carriers to create private freight marketplaces using features of its cloud-based Omni-TMS platform.
We’re nearly halfway through 2019, so HDT Editor in Chief Deborah Lockridge asked HDT’s Editorial Advisory Board what current trends and issues are most on their minds.
With spot truckload freight volumes failing to meet expectations in May, DAT Solutions is looking to June to see if volumes from May were simply delayed.
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.
Load availability on the spot market has been trending downward since August 2018, as capacity loosened and trucks became more available.
The spot market has not enjoyed the usual boost provided by holiday shipping so far in December, with spot market rates falling for all three major trailer types.
Spot market freight volume and rates fell for most equipment types last month, but holiday shipping is expected to give it a boost.