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Lack of Drivers Hamstringing Supply Chain Recovery
Tuesday, November 2, 2021 - 10:49am | 1397Read More...The trucking industry is desperate to get drivers into seats at a time when the supply chain needs them most, but a variety of factors is stalling the industry's ability to gain traction. Chief among those factors is the Drug and Alcohol Clearinghouse. Since January 2020 when the Federal Motor...
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Hearst Acquires Majority Stake in Fleet Tech Company Noregon
Tuesday, November 2, 2021 - 10:47am | 737Read More...Global media, information, and services company Hearst announced Tuesday it will be acquiring a majority stake in Noregon Systems Inc. to continue growing the connected vehicle solutions company's portfolio of customers, including fleets, logistics providers, and manufacturers, which find...
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Shipping Giant Maersk Continues Buying Spree After Best Quarter Ever
Tuesday, November 2, 2021 - 10:45am | 993Read More...The COVID-era freight boom has accelerated the transformation of Maersk from a shipping line into a one-stop, end-to-end global logistics shop. Maersk has used extreme market conditions to bring more ocean customers into long-term — and increasingly multi-year — contracts. Simultaneously, it has...
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Daily Infographic: Tailor Your Trailer with CRST
Tuesday, November 2, 2021 - 10:44am | 135Read More...Learn how CRST can become a one-stop solution provider for your shipping needs at www.crst.com Image by Jeff Chabot from Pixabay
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Retailers Want Shipment Visibility, Narvar Wants to Give It to Them
Tuesday, November 2, 2021 - 10:42am | 862Read More...Supply chain visibility continues to hamper businesses and their consumers. The current situation that has seen record numbers of cargo ships sit off the coast of California most of the summer and into the fall has exacerbated the problem. Shippers simply don't know where or when their goods will...
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ArcBest Cruises Past Expectations in 3rd Quarter
Tuesday, November 2, 2021 - 10:40am | 286Read More...ArcBest reported record quarterly results Tuesday before the market opened with each of its segments posting double-digit revenue growth. Adjusted earnings per share of $2.59 beat analysts' expectations by 14 cents and were more than double the year-ago quarter. ArcBest (NASDAQ: ARCB) reached more...
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Study: Autonomous Trucking Transfer Hubs Promise Huge Cost Savings
Tuesday, November 2, 2021 - 10:39am | 1297Read More...A Georgia Tech study funded by Ryder System Inc. suggests huge cost savings for autonomous trucks using a network of autonomous transfer hubs that gain efficiencies beyond avoiding the cost of pay and benefits for human drivers. Ryder (NYSE: R) provided order data from its dedicated transportation...
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Cowen Survey: Carriers Saw Almost 5% Increase in Rates During Q3
Tuesday, November 2, 2021 - 10:37am | 980Read More...Carriers surveyed by Cowen & Co. pulled in contract rate increases averaging 4.9% in the final weeks of the third quarter, according to a report released by the Wall Street firm. According to the carrier survey that Cowen conducts each quarter, and which was released in mid-October, the 4.9%...
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Pitney Bowes Announces 5.9% E-Commerce Rate Increase, Hiring Plans
Tuesday, November 2, 2021 - 10:34am | 829Read More...Global shipping and mailing company Pitney Bowes has announced it will apply a 5.9% general rate increase for e-commerce services, effective Jan. 2, 2022. The company also said it has made investments to gear up for what is expected to be a record-shattering e-commerce shipping season with more...
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Dinner and Diapers: Uber Eats Now Delivering for Bed Bath & Beyond
Monday, November 1, 2021 - 12:09pm | 848Read More...The Uber Eats app is no longer just for getting hot food from local restaurants. Users can now order baby and home products from Bed Bath & Beyond through the app. More than 120 buybuy Baby and 750 Bed Bath & Beyond stores are participating in the service, allowing customers to order items...
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UPS Shippers Better Fuel Up for Higher Surcharges in 2022
Monday, November 1, 2021 - 10:32am | 527Read More...If UPS customers haven't baked higher fuel surcharges into their 2022 shipping budgets, they better find the kitchen fast. Effective Nov. 15, the Atlanta-based transport and logistics giant will raise its fuel surcharges by 1% on all its U.S. air and ground services, according to a source familiar...
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CP and KCS File Merger Application, CN Adds Board Member
Monday, November 1, 2021 - 10:30am | 1527Read More...Canadian Pacific and Kansas City Southern have submitted a joint application to the Surface Transportation Board to merge both railroads. The combined network of both railroads would reach Canada, the United States, and Mexico, creating a "single-line railroad," the companies said in a release...
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Supply Chain Bottleneck – Addressing the Issue Head On
Monday, November 1, 2021 - 10:21am | 1473Read More...Written by Steve Keppler, Co-Director, Scopelitis Transportation Consulting One of the nation's most pressing challenges of today is the condition of the supply chain. The pandemic has stretched its ability to serve the evolving needs of today's global marketplace. This issue is front and center ...
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Exclusive: Daimler Drops Western Star 5700XE Model, Some Current Orders Canceled
Monday, November 1, 2021 - 10:19am | 1320Read More...Alex Kholb understood when his salesman told him delivery of the Western Star 5700EX he ordered in July was delayed from November to January. After all, the current supply chain crisis is inconveniencing everybody in some way. But Kholb was incensed when the dealership called a week ago to tell...
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Daily Infographic – Carrier Perspective: State of the Industry
Monday, November 1, 2021 - 10:16am | 130Read More...Click HERE to download the full report Image by chapay from Pixabay
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