Land Line: OOIDA Foundation freight market outlook remains negative
In its March freight market outlook, the OOIDA Foundation labeled the future outlook as negative.
In its March freight market outlook, the OOIDA Foundation labeled the future outlook as negative.
After plummeting for more than a year, a bottom to the US truckload spot market is emerging, although its exact contours are hard to trace.
After plummeting for more than a year, a bottom to the US truckload spot market is emerging, although its exact contours are hard to trace.
Food and beverage producers rely on analytics firms to help them benchmark, negotiate and manage the refrigerated trucking capacity needed to optimize warehouse capacity and dock space.
To learn how the late start to this year’s domestic produce season might impact transportation costs and availability, The Packer recently spoke with Dean Croke, principal analyst for DAT Freight & Analytics. Croke was a produce carrier for a decade before moving into the technological and analytical side of the industry.
The Truck Parking Safety Improvement Act passes out of a U.S. House committee and heads to the House floor after an overwhelming “yes” vote.
ACT Research reports the supply and demand dynamics in the freight market are beginning to recover. Its recent data suggests demand fundamentals improving and capacity starting to tighten may signal the industry is approaching the bottom of the freight cycle.
Veteran truckers understand the ups and downs of the freight market. They know that demand for their services tracks ahead of the general economy, completing a full cycle every 18 to 24 months.
The U.S. supply chain is healing from early pandemic shocks that sent shipping costs skyrocketing and squeezed supplies of everything from toilet paper to pasta, but more than three years later, material shortages and hiring woes linger.
Reaction to the EPA’s new heavy-duty emission standards has been swift. On Capitol Hill, Sen. Deb Fischer of Nebraska and U.S. Rep. Troy Nehls of Texas have been leading the charge against the new rules.