This is the second of two columns that visits the concept of “index-based variable-rate pricing” as a way to establish more market stability for both shippers and carriers.
The following information is built on market data from public sources regarding current rates, technology, the transportation labor market, and new legislation. All information is current as of March 20, 2024.
The tragic Francis Scott Key Bridge collapse in Baltimore will have multiple, but as yet uncertain, implications for construction.
Shippers face the winds of extreme weather conditions and the economic volatility that follows those events. What if there was a way to not just mitigate weather disruptions, but anticipate them and plan ahead?
The closure of the Port of Baltimore Tuesday appears to be spurring outbound flatbed spot market rates, with rates from Baltimore to western Maryland and the Midwest rising by double-digit percentages in some lanes.
As shippers face another ocean freight disruption — this time at the Port of Baltimore — companies are yet again making contingency plans to ensure on-time cargo delivery.
Coming off of all-time highs for spot freight volume in January, things in February returned to a more typical seasonal pattern, according to the new edition of the DAT Truckload Volume Index (TVI), which was issued this week by DAT Freight & Analytics.
The Inbound Logistics editors selected the Top 100 Logistics & Supply Chain Technology Providers—companies offering the innovations their customers need to optimize and streamline supply chain operations.
US corn futures and other agricultural and grain futures have been jittery ahead of what is sure to be a big Thursday for all grain stocks.
NBC News’ Rob Wile and Shannon Pettypiece reported Tuesday that “customers from the East Coast to the Midwest who were expecting goods shipped in via the Port of Baltimore could see significant cost increases as a result of Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore” that has blocked access for ships to the port.