The Wall Street Journal Logistics Report: Canada Braces for Rail Stoppage; Bangladesh Repairs Supply Chains
The first moves to close down much of Canada’s rail operations in a labor dispute are underway. Canadian National Railway is starting a phased shutdown of its network with a halt to the movement of hazardous cargo.
Journal of Commerce: US shippers resisting truckload rate hikes amid ongoing market softness
Fewer US shippers are expecting significant rate increases from truckload carriers in early 2025 as economic indicators and reports point to slower economic growth than recently anticipated and uncertainty about freight demand.
American Journal of Transportation: DAT Freight & Analytics partners with Orderful to enhance supply chain intelligence
DAT Freight & Analytics, a leader in transportation and logistics data, has announced a strategic partnership with Orderful, an advanced Electronic Data Interchange (EDI) vendor specializing in end-to-end document management for enterprise-level shippers.
Air Cargo Update: Optimism Grows in US Trucking Sector Amid Anticipated Uptick in Freight Rates
US trucking executives are expressing optimism that their recession may soon end as freight rates are poised to increase for the first time in nearly two years. The average cost of transporting goods by truck is expected to rise by 0.2% year-over-year this month, following 27 consecutive months of decline, according to freight marketplace DAT Solutions. Demand appears to be returning to pre-pandemic levels, with trucking executives predicting a recovery as their stock prices climb.
Food Logistics: DAT Partners with Orderful to Enhance Supply Chain Intelligence
DAT Freight & Analytics announces a strategic partnership with Orderful, an advanced Electronic Data Interchange (EDI) vendor specializing in end-to-end document management for enterprise-level shippers.
Fleet News Daily: DAT Spot Rates & Ratios, Week 31, July 28-August 3 2024
Spot rates held firm as DAT One load posts rose and capacity tightened The number of loads posted on DAT One rose by 1% to 1.88 million last week. That’s down 9% year over year. Truck posts fell 9% to 307,931, the lowest Week 31 total since 2017.
Journal of Commerce: US truckload carriers cutting deeper into fleets, capacity
A historic purge of capacity among large US truckload carriers is under way, with the carriers in the Journal of Commerce Truckload Capacity Index (TCI) slashing their collective truck capacity by 9.5% year over year in the second quarter.