Supply Chain Dive: Falling truck rates give supply chains chance to cut costs
Lower demand in the spot market means “there’s no better time for a shipper to find efficiencies,” a C.H. Robinson executive said.
Lower demand in the spot market means “there’s no better time for a shipper to find efficiencies,” a C.H. Robinson executive said.
A sluggish economy means pricing is likely to remain flat through the first half of 2023.
With spring and the 2023 cropping season approaching, planting decisions are starting to take shape. More producers are starting the year in stronger financial positions, with less carryover of unpaid operating debt.
DAT Freight & Analytics named Marquee Insurance Group (MIG) as its preferred liability insurance partner for motor carriers on the DAT One network, the industry’s largest marketplace for spot truckload freight.
Folks attending the Mid-American Trucking Show next month will have an opportunity to enjoy a free concert by Academy of Country Music Male Artist of the Year nominee Elvie Shane.
Indiana is one of a handful of states that has a different set of rules on the books for heavy trucks when it comes to the speed limit.
DAT Freight & Analytics today named Marquee Insurance Group (MIG) as its preferred liability insurance partner for motor carriers on the DAT One network, the industry’s largest marketplace for spot truckload freight.
The spot market for carriers continues to rebalance, but rates—at least for smaller fleets and owner-operators—still aren’t making up for higher current operating costs, according to four data-analysis firms that all recently weighed in on the volatile state of freight transportation.
Fleets have had their hands full. High fuel and equipment prices, labor concerns, shipping rates, inflation, and other economic factors continue to haunt businesses' bottom lines.
Fourth-quarter freight shipments fell to the lowest levels since the first quarter of 2014 as consumer spending continued to shift to services, from goods, according to a new report.