Trucking companies that regularly hauled containers for Hanjin Shipping may end up losing tens of thousands of dollars as Hanjin’s bankruptcy unfolds unless they can get beneficial cargo owners to pay for the shipments they carried from the port of entry to the customers’ warehouses. (This article requires registration at the Journal of Commerce. To […]
As the West Coast feels ripple effects from the bankruptcy of Hanjin Shipping Co., nationally the number of load on the spot truckload freight market fell 5% during the week ending Sept. 24 compared to the week before as truck capacity increased 3%, according to DAT Solutions, its network of load boards.
Logistics has changed drastically. What was once called “physical distribution management” is now just as digital as physical, and the rapid growth of e-commerce, coupled with mobile technology, is pushing the limits of omnichannel supply chains. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
By one measure, truck tonnage soared in August – but did it really? The American Trucking Associations For-Hire Truck Tonnage Index jumped 5.7 percent from July to August, following a 2.1 percent decline in July. Year-over-year, the index was up 5.9 percent in August, compared with a 0.2 percent annualized increase in July. (This article […]
Most fleets are operating on thin margins and that is not likely to change anytime soon. Yet many of them are missing an opportunity to add to their bottom line because they don’t have complete control over their procurement process. If managed efficiently, the procurement process – what is purchased, how it is purchased, who […]
A concept van Mercedes-Benz showed at the IAA Commercial Vehicles Show offers a glimpse at how last-mile deliveries could be made in the future. The Vision Van comes complete with roof-mounted drones, which grab parcels through a slot in the roof and then delivery them to docking stations.
Trucking and all other transportation modes except rail carried less cross-border freight by value in July compared to a year earlier, according to new U.S. Transportation Department figures.
With macroeconomic indicators as mixed as they have been in several quarters, data issued this week by the American Trucking Associations pointed to truck tonnage volumes pointing up in August. Seasonally-adjusted (SA) for-hire truck tonnage in August at 141.8 (2000=100) was up 5.7 percent over July, which was down 2.1 percent compared to June.
More than half of the trucking companies questioned in a recent survey said they are already 100 percent compliant with an electronic logging mandate that takes effect December 2017. However, nearly 25 percent of those motor carriers, mostly smaller trucking companies, said they have no “immediate plants” to begin implementation of electronic logging devices. (This […]
The US trucking industry hauled a record US$726.4 billion in freight last year, according to the latest edition of American Truck Trends, compiled by the American Trucking Associations (ATA). That marks two consecutive year that the value of freight hauled by truck topped $700 million.
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