Looking at truck freight, FTR sees incremental firming of the market over the rest of 2020 and into 2021. The current forecast for loadings is for this year to be about 5.7% less than last year, although that forecast has improved from where it was a month ago, thanks to recent improveme...
The United States Freight and Logistics Market is expected to reach USD 1.33 trillion in 2024 and grow at a CAGR of 3.90% to reach USD 1.67 trillion by 2030. C.H. Robinson, FedEx, J.B. Hunt Transport, Inc., Kuehne + Nagel and United Parcel Service of Ame
Darcy MacClaren, chief revenue officer at SAP Digital Supply Chain, says current trucking freight rates are a barometer of the state of the industry, and the downstream effects of higher inflation, including increased driver wages, fuel prices and interest rates have potential to boost freight rate...
Trucking Fleet Size By Type - Market share of truck types is influenced by factors like geographical preferences, major end user industries, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological disruptions (like electric vehicles, digitalization...
SONAR high-frequency supply chain intelligence and freight market data allows logistics leaders to benchmark, analyze, monitor, and forecast the global physical economy.
and loss during the transfer between transport methods. The reliance on trucking for the first and last mile of transportation can lead to trucking issues, including driver shortages and productivity-stifling capacity constraints. These issues can result in supply chain interruption and supply risk, le...
Define Bulk freight. Bulk freight synonyms, Bulk freight pronunciation, Bulk freight translation, English dictionary definition of Bulk freight. That which is generally shipped in volume where the transportation conveyance is the only external container;
(that is, airlines, ocean liners and LCL consolidators) and also other providers of freight services such as trucking companies, freight forwarders, general sales agents, and air master loaders. The number of transactions booked on the Freightos platform in any given time period is net of ...
Or, as FTR Chairman and CEO Eric Starks put it, “You buy a truck to move freight.” He went on to point out that “manufacturing [output] is the lifeblood of trucking. Right now, [based on the ISM Manufacturing Index]. And to forecast Class 8 demand, manufacturing is in equilibrium...
Freight forwarders serve as intermediaries between businesses and the various entities involved in transporting and delivering goods, including shipping lines, airlines, trucking companies, customs authorities, and more. The rapid expansion of e-commerce has also profoundly impacted the market's growth. ...