Indianapolis-based Celadon, which ranked as the 18th-largest TL concern with $706 million in revenue in LM’s annual rankings, abruptly ceased operations in Dec. 9, giving its more than 3,200 drivers the worst possible gift barely two weeks before Christmas. Source: logistics Mgmt
Coming off of an all-time high in August, the Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) fell 2.5% in September. Source: logistics Mgmt
This 7th article in the “A-Z” of trucking freight futures series explains how market participants can hedge fuel cost volatility risk as part of their overall trucking rate hedging program. Source: logistics Mgmt
With a 0.004-cent increase, this week’s average came in at $3.051 per gallon, following declines of 1.9-cents and 0.015-cents, respectively, over the previous two weeks. Source: logistics Mgmt
Regardless of whether a market participant ever uses binding forward and/or trucking freight futures, it will need to stay current on the pricing trends in both the trucking forward and freight futures markets as spot market rates in their lanes will be affected by both. This new section was designed to help logistics professionals stay ahead of these new realities. Source: logistics Mgmt
Regardless of whether a market participant ever uses binding forward and/or trucking freight futures, it will need to stay current on the pricing trends in both the trucking forward and freight futures markets as spot market rates in their lanes will be affected by both. This new section was designed to help logistics professionals stay ahead of these new realities. Source: logistics Mgmt
Regardless of whether a market participant ever uses binding forward and/or trucking freight futures, it will need to stay current on the pricing trends in both the trucking forward and freight futures markets as spot market rates in their lanes will be affected by both. This new section was designed to help logistics professionals stay ahead of these new realities. Source: logistics Mgmt
This 5th article in the "A-Z of Trucking Freight Futures" series explains the process of determining what hedging strategies to execute on, which contracts to use, along with position sizing and trade execution. Source: logistics Mgmt
With a 0.094-cent increase, the national diesel average price per gallon is $3.081 per gallon. Source: logistics Mgmt
News surfaced recently that A. Duie Pyle, a premier provider of asset and non-asset based transportation and supply chain solutions in the Northeast, has formed a partnership with Oak Harbor Freight Lines to expand its coverage area to the West Coast for the first time. Source: logistics Mgmt
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