Anemic shipping volumes and weak pricing for transportation carriers in 2016 combined to push down total U.S. business spending on logistics, both in dollars and as a percentage of gross domestic product.
June 26, 2017Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Saddle Creek Expands Omnichannel Fulfillment Operations in Lexington, Ky.
Saddle Creek Logistics Services has announced the expansion of its omnichannel fulfillment operations in Lexington, Ky., to accommodate growth with existing customers as well as new busi
June 22, 2017Schneider Responds to Industry Demand With New Phoenix Facility
A new Schneider facility opened June 22 in Phoenix. A truckload, intermodal and logistics provider, Schneider’s investment indicates its response to “industry demand by significantly investing in this growing region,” according to a press release.
June 22, 2017Online Sales Surge Benefits Truck Freight, Experts Say
While it’s no secret that more and more people are shopping online, less obvious is understanding consumers’ buying habits and patterns — which has great relevance for the trucking industry.
June 19, 2017Truck Turn Times Lengthen in May at Ports of Los Angeles, Long Beach
The amount of time it took the average truck driver to do business at the two largest North America ports rose six minutes year-over-year in May due to backups at Total Terminals International, according to data from the Harbor Trucking Association.
June 19, 2017US Seeks NAFTA Changes
The Trump administration is moving to renegotiate terms of the North American Free Trade Agreement with Canada and Mexico, and a request from the Office of the U.S. Trade Representative for comments on how to proceed has drawn a plea from the trucking industry to reshape, but not scuttle the landmark trade deal.
June 19, 2017Total US Logistics Spend Dipped in 2016, Says CSCMP
WASHINGTON — Anemic shipping volumes combined with weak pricing for transportation carriers in 2016 to push down total U.S. business spending on logistics, both in dollars and as a percentage of gross domestic product.
June 20, 2017Truck Tonnage Rises in May
Truck tonnage rose 4.8% year-over-year in May, according to the monthly American Trucking Associations Tonnage Index, the largest gain since November 2016, echoing sentiments from analysts and trucking executives that the freight market has tightened in recent weeks as people spend more time outdoors.
June 20, 2017Amazon to Acquire Whole Foods for $13.7 Billion
Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a long-held goal of selling more groceries.
June 16, 2017Georgetown Rail Colloquium Highlights Health of Rail, Ongoing Viability of Trucking
Several speakers at the Georgetown University McDonough School of Business' "The Economics and Regulation of the Freight Rail Industry" colloquium addressed various aspects of railroad and other transportation industries June 16.
June 16, 2017