“We now have fewer trucks on the road because of the bankruptcies and capacity exits,” Woodrow said. “We will exit the freight recession in Q3 and rates will go up in the back end of the third quarter,” he added. “I think the holiday season will be interesting in terms of freigh...
Fitch upgrades container shipping outlook – but not because of containers American Shipper Freightos sees trans-Pacific container rates ease Company Earnings Trucking C.H. Robinson speaks to investors – and Wall Street’s support soars anew
Examining historical data and forecast future patterns makes these planning and optimization tools excellent for locating backhaul routes. Truck loads are often prioritized based on factors like urgency, cargo type, distance, and efficiency. 3. Using Analytics To maximize the effectiveness of your fleet...
recently told CNBC the growth in demand for containers shipping imports from China into Mexico in the first half of 2024 further fueled suspicions it has becomea legal “back door” into the U.S.for trade tariff evasion.
Today, the rail, aviation and ocean shipping sectors couldn't survive without trucks acting as the connective band between them. And that's become more critical with the boom of e-commerce and just-in-time manufacturing, which reduces inventory costs, cuts waste and calls for the pr...
For over 30 years InsureMyRig has published The Roemer Report, a monthly forecast of the trucking industry’s business and economic trends. 4 We are long-time members of the American Trucking Association, as well as numerous state trucking associations. ...
Demand-side indicators are probably the most crucial to getting the earliest signs of market shifts, while rejection rates and spot rates answer the two most important questions that companies want answered: Can I get a truck and how much will it cost me?1. The Outbound Tender Volume Index ...