Journal of Commerce: No US freight rebound until 2024: analysts
Inflation is falling and the US economy is expanding at a faster-than-anticipated rate, but US freight demand isn’t rebounding.
Inflation is falling and the US economy is expanding at a faster-than-anticipated rate, but US freight demand isn’t rebounding.
On august 6th Yellow, one of America’s biggest trucking firms, declared bankruptcy and announced it would wind down operations after 99 years in business.
The sudden bankruptcy of Yellow, the century-old freight company, is leaving industry experts to speculate about the effect of the shutdown on the larger economy.
Fall shipping season is right around the corner and DAT is starting to see an increase in overall load volumes.
Delivering a load of fresh fruits or vegetables on time and in good condition is no easy task.
The U.S. just lost as much as 15% of its small-batch trucking capacity — and consumers are likely to feel the effects in higher prices as the holiday season rolls around.
The Women in Supply Chain Forum is the industry’s premier networking and educational forum tailored to men and women in executive-level positions to expand their professional network through thought-provoking discussion panels.
Cargo theft events have increased for yet another quarter, according to the latest CargoNet data, and trucking stakeholders have taken notice as to inform carriers as to how they can stay safe.
Produce shippers have been enjoying a substantial drop in transportation costs this year after enduring some of the highest freight rates ever during the COVID-19 pandemic.
Overall, rate movements have aligned with the first forecast we released in October 2022 and the update published in Q1.