Truckload rates ended November lower than October as the lead-in to the holiday season has been a lump of coal so far, according to data and conversations with shippers.
We’re close to three weeks post-Women in Supply Chain Forum, and the aftermath of excitement and buzz generated from the 1.5-day conference is still very real. As one attendee and panelist said on LinkedIn, “have you ever made close to 200 friends in one day?!”
The impacts of supply chain disruption have become increasingly severe, and, unfortunately, it seems shippers will have to buckle up for continued volatility in the long haul.
How did the COVID-19 pandemic affect shippers' decisions as to whether to pursue contract or spot rates in the truckload market? And what's the trend today? Chris Caplice, chief scientist with DAT and senior research scientist at MIT's Center for Transportation and Logistics, has answers.
A shorter shipping week made for a large drop in load volume last week. We’ll speak with DAT’s Robert Rouse about how the Thanksgiving holiday impacted the spot market and how the price of diesel is impacting rates.
Truck tonnage on an annual basis declined for an eighth consecutive month in October but improved slightly on a month-to-month basis, an indication that the industry is still clawing its way through a weak freight environment, American Trucking Associations said.
The new Movu Robotics line offers a range of products, including atlas pallet shuttles, escala bin shuttles, and ifollow autonomous mobile robots for pallets and roll cages that work either stand-alone or as collaborative robots.
The October edition of the DAT Truckload Volume Index (TVI), which was recently issued by DAT Freight & Analytics, posted mixed readings, in terms of volumes and linehaul rates.
It’s a positive sign for freight carriers and brokers, but the expectation is for a seasonal bump as opposed to a sustained recovery of volumes and pricing,” DAT Freight’s chief analyst reports.
What are truck and trailer orders telling us about overall freight conditions? ACT Research has noted a few trends: vocational demand is driving Class 8 orders, and trailer demand has been decent the last couple months but cancellations remain elevated.