69% of Overdrive's owner-operator readers indicated negative trends in rates measured against the rise of fuel and maintenance costs, with diesel hitting all-time highs this week.
Partnering with a 3PL can help manufacturers save an extra 10 to 18% off already discounted truckload and LTL freight costs.
The U.S. economy in the fourth quarter of 2021 posted its strongest growth since the rebound from lockdowns in the third quarter of 2020.
Pump prices for diesel were already at a multiyear high before Russia’s invasion of Ukraine raised alarms over oil supplies.
As the e-commerce giant seeks to remake the world -- and trucking -- in its own image, the pandemic has paved the way for length-of-haul counter-trends. Long-haul isn't a dinosaur just yet.
The national average spot truckload rates for dry and refrigerated freight jumped to new highs in January, the eighth consecutive month of increases, DAT Freight & Analytics said.
A provider of technology to help brokers understand appropriate spot pricing has nabbed funding from an array of notable investors, including Tiger Global and Cambridge Capital.
DAT said that the number of loads posted to the DAT One load board network saw a 34.7% increase, from December to January, and were up 104.7% annually.
Shippers are increasingly choosing trucks over railroads because of supply-chain bottlenecks and a need for speed, pushing more freight onto the country’s highways.
Trucks are no longer blocking the US-Canada border, but spot truckload rates in cross-border lanes remain high, and shippers have been warned of the threat of additional disruption.