Myriad signs of economic improvement—driven by things like more people getting vaccinated, strong retail sales, high imports, construction and manufacturing output—helped propel second quarter freight…
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Earlier today, San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, announced…
According to leading maritime economist John Martin, Ph.D., the broad scope and “systemic nature” of the cargo congestion that continues to hamper goods movement throughout…
Source: logistics Mgmt
During this podcast, Todd Tranausky, FTR Transportation Intelligence Vice President of Rail and Intermodal and Logistics Management Group News Editor Jeff Berman discussed various industry…
It is a crucial time for Democrats. That’s because every vote is key as they try to satisfy their rival moderate and progressive wings to…
Company officials said in a blog posting this move is aligned with its objective of “becoming a one-stop shop solution for shippers.” Source: logistics Mgmt
The May reading—at 137.7—eked out a 0.1% gain from April to May, heading up for the third straight month. On an annual basis, it rose…
Registration open for free online event featuring insights on fulfillment trends from leaders with Main Pointe, St. Onge Company, Gartner, Commonwealth Supply Chain Advisors, VDC…
In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, at 60.6 (a reading of 50 or higher indicates…
Chris Burroughs, TIA vice president of government affairs, said at the SMC3 virtual Connections conference this week that passing the Motor Carrier Safety Selection Standard…
FY 2022 full-year revenue—at $84 billion—rose 17.6% annually, and operating income—at $5.86 billion—climbed 46.8% annually.For the fiscal fourth quarter, revenue, at $22.6 billion, rose 23%…
One part of President Joe Biden’s “think big” infrastructure package appears set to pass with bipartisan support. The other, more innovative, infrastructure spending deal could…
Even though 2021 can be viewed as another Amazon Prime Day success, it came against the backdrop of a whole host of supply chain issues…
DAT reported that May spot truckload volume rates hit a new record, even though volume declines from April to May, which the firm said is…
Source: logistics Mgmt
The company said that this round of funding was led by Insight Partners, with other participating investors including: Cambridge Capital, GLP, Harlap, Next 47, Pereg…
Commerce reported that May retail sales—at $620.2 billion—were off 1.3% compared to April and up 28.1% compared to May 2020, whereas April retail sales saw…
A bipartisan group of 10 Senate Democrats and Republicans have reached their own deal on infrastructure. It’s a $1 trillion, five-year package to improve the…
Rail carloads—at 227,497—saw an 18.1% annual increase, and intermodal containers and trailers—at 261,647—were up 8.1% annually. Source: logistics Mgmt