Refrigerated Transport Electronics (RTE), a developer of products for the intermodal refrigerated container industry, is partnering with Globe Tracker International (GTI), a provider of tools for global trade data sharing, autonomous asset tracking and data analytics.
For the second month in a row, Class 8 orders surprised on the high side in July, with net orders of 30,103. Classes 5 to 7 net orders also posted a gain in July, coming in at 15,834 units.
Truckload freight availability remained elevated compared to previous years despite a seasonal dip, according to the DAT North American Freight Index, a measure of truckload freight demand and capacity in the United States and Canada. Same-month volume was up 32 percent compared to 2013, when freight volume was unusually robust. Spot market volume typically peaks in June; this year's seasonal contraction was 11 percent in July compared to the 10-year average decline of 19 percent.
Spot truckload load volume rose sharply and capacity tightened during the week ending August 2, according to DAT Solutions, which operates the DAT network of load boards.
Spot truckload demand and capacity moved downward during the week ending July 26, according to DAT Solutions, which operates the DAT network of load boards.
Averitt Express has improved less-than-truckload (LTL) service times from the U.S. Midwest to the province of Ontario, Canada, including Toronto and other key cities.
CarrierDirect works with many transportation and logistics companies to develop business strategies. President Joel Clum shares his bullish outlook on the U.S. domestic freight market and on the companies that he thinks are best positioned to take advantage of an improving market.