🎣 Is Capacity Tight? Maybe.
Plus: the wildest freight email ever sent, 163k truck drivers at risk of losing their CDL, and more.
Arrive is eyeing regional twists as the summer season draws closer. Rates might leap over 10% in some spots.
A supply chain expert's analysis of the data reveals that as of January 2023, the drop-off was twice as deep as the last major dip in 2018-2019.
SmartHop data shows that in Q1 2024, nearly 62% of dry van loads were hauled on an unprofitable lane into an unprofitable market.
Plus: Tesla to build an electric semi-truck corridor, FMCSA approves TIA's petition for freight broker training, and Arrive Logistics releases a freight market update.
Over 57% of consumers are ready to shop greener to reduce environmental impact. As regulations tighten, companies must update their logistics strategies.
Despite earlier optimism of a Q1 recovery, new numbers from industry leaders and other key performance indicators have sparked a wave of hesitation.
California Intermodal Associates Inc. is closing its doors, citing California's AB5 law and the challenges it posed to their operations.
The partnership aims to vet freight brokers and carriers seeking access to ShipperCRM's U.S. Shipper Database using Highway's Single-Sign-On authentication method.
Inbound container imports to top two million twenty-foot equivalent units by May, a first since last fall.
Trailblazers in electrification like Lime and Heineken are setting the pace and blueprint for others to follow.
"The industry is dominated by the largest freight brokerages. Our estimates show the largest 150 freight brokerages account for 70% of the industry’s gross revenues."
On the bright side, they’ve snagged Walmart's intermodal assets and sold about 690 new trucks.
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