How will automation impact logistics in this year of tech and AI automation? What are the positives and negatives we could see? And how this will relate to more business, improved activity management, and overall career health.
Shipper-paid spot truckload rates in the US rose only negligibly in December, climbing an average of 3 cents per mile to $2.26 per mile, according to an analysis of all-inclusive pricing by the Journal of Commerce.
We sit down with OOIDA’s Government Affairs counsel to discuss broker-carrier agreements, what some red flags are and what you should do to keep yourself and your business safe.
In this episode of Freight 360, we start 2024 with Ken Adamo, Chief of Analytics at DAT Freight and Analytics, discussing freight rates and the complexities of broker margins. Ken provides valuable insights into the analytics of trucking operations, highlighting the importance of overarching data in understanding broker margins. We also explore shipper strategies and their impact on carrier relations and industry recovery.
We view the industrial sector as overall fairly valued, but we still see compelling investment opportunities across aerospace and defense, industrial products, construction, and farm and heavy construction machinery.
Fighting back against broker fraud and broker abuse starts with holding bad actors accountable. OOIDA has a new tool designed to make that a bit easier.
The logistics industry has had no shortage of drama unfolding over the past year, including a freight recession, various strikes and near-strikes, a major trucking bankruptcy, a drought at the Panam.
US trucking employment is poised to decline over the next few months as seasonal workers hired in the run-up to the year-end holidays are dropped from carrier payrolls. But just how many jobs trucking loses in the first half of 2024 will depend on the willingness of carriers to maintain payrolls despite weak demand.
The holidays often come with a lull on the spot market, which often means better rates for those who continue to work. Is that trend holding true this year?
We are now 15 or so months into a trucking freight recession that began in the third quarter of 2022. Prices for dry van truckload (hereafter DVTL) services have been hit particularly hard.