In the News

Supply Chain Brain: End of Trucking Recession Finally in Sight as Freight Rates Rise

Trucking executives in the U.S. are fanning optimism that the end of their recession may be close as freight rates look set to grow for the first time in nearly two years.

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Fleet Owner: Latest freight index: The start of recovery?

The latest Freight Transportation Services Index confirms that May is the first month in 2024 to see year-over-year growth in terms of the value and volume of freight moved. This may be the start of many happier months for 2024.

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Bloomberg: End of Trucking Recession Finally in Sight as Freight Rates Rise

Trucking executives in the US are fanning optimism that the end of their recession may be close as freight rates look set to grow for the first time in nearly two years.

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MIT Sloan: Unleashing the Power of AI in Logistics

Artificial intelligence (AI) brings unparalleled new opportunities for logistics and supply chain management. But many organizations remain uncertain about how best to implement AI.

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Truck Parts Service: For-hire trucking industry creeps closer to balance

The latest release of ACT’s For-Hire Trucking Index suggests the supply-demand balance between the fleet and freight is narrowing, ACT Research reported Thursday.

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Transport Topics: Freight Rate Rebound Timeline Remains Muddy

A timeline for a rebound in freight rates and market conditions remains muddy into the second half of 2024, according to executives and analysts, with November’s presidential election further obfuscating the outlook.

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Land Line Now: Podcast: OOIDA’s Morris on broker report: ‘nothing but giving lip service’

An FMCSA report to Congress says the agency lacks the data and authority to do much of anything to combat illegal broker activity.

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BusinessWire/Morning Star: ICMI Reveals 2024 ICMI Global Contact Center Awards Finalists

ICMI's Contact Center Expo, which brings contact center industry professionals together to tackle the challenges and opportunities that will enable growth and change in the industry, today announces the finalists for the ICMI Global Contact Center Awards.

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The Trucker: ACT Research says freight market facing overcapacity; spot rates slightly raised over 2023 lows

The freight market continues to be characterized by overcapacity, and with private fleets engaging in spot activity more than in past cycles, spot rates remain only slightly above the late-2023 lows, according to the latest release of the Freight Forecast: U.S. Rate and Volume OUTLOOK report.

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American Journal of Transportation: DAT spot rates and load-to-truck ratios, week 29

The number of loads posted on DAT One decreased by almost 12% to 1.87 million last week, a sign of summer seasonality. The total number of loads was 2% higher year over year. Total truck posts increased 0.7% to 330,208.

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