One tradition that will continue this year regardless of the pandemic is the release of the “Annual Study of Logistics and Transportation Trends,” a study that Logistics Management refers to as “The Masters of Logistics.”
Like seemingly everything else in Washington, Republicans and Democrats are light years apart in negotiations over a new five-year federal highway spending bill, and seem likely to kick the problem into 2021. That inaction—on what was once considered a so-called “must-pass” piece of legislation—is frustrating to leading trucking executives and others who rely on a modern American infrastructure network of interstate highways, bridges, ports and airports.
Rail carloads—at 214,142—fell 15.2% annually, and intermodal containers and trailers—at 260,643—fell 5%.
Chicago-based FourKites, a provider of real-time tracking and visibility solutions across transportation modes and digital platforms, recently announced it has rolled out a new multimodal purchase order (PO) tracking for all freight in the FourKites system. The company said that this offering provides shippers, carriers, and receivers with the “power, flexibility and granularity to track the full lifecycle of shipments using their associated PO numbers,” adding that PO tracking greatly simpli...
Greeneville, Tenn.-based asset-light freight and logistics services provider Forward Air Corporation announced it has acquired the assets of Johnson City, Tenn.-based CLW Delivery Inc., a privately held final mile provider specializing in last-mile logistics and in-home installation services for national retailers and manufacturers, for cash consideration of $5.5 million.
The August edition of the DAT Truckload Volume Index, which was issued this week by DAT Freight & Analytics, a subsidiary of Roper Technologies and operator of an online marketplace for spot market truckload freight, highlighted how spot market truckload rates approached all-time highs in August, with various trucking segments seeing rate and load-to-truck ratio gains.