Roadrunner Transportation Systems Inc., an asset-light provider of transportation and logistics services, has changed the name of its Transportation Management Solutions operating segment to Global Solutions.
For the month of August, 37,200 orders for vehicles in classes 5-8 were booked, down 8 percent from July and down 14 percent compared to August 2014. However, these numbers are preliminary. Actual numbers will be published in mid-September.
Transportation capacity problems have been a volatile issue over the past 20 years or so. A thorough analysis provided by the Council of Supply Chain Management Professionals, in its "State of Logistics" report, indicates that by 2017, shippers in the U.S. will face shortages in trucking resources again, predominantly a trucker shortage, in the near future due to an array of developments that may cause shippers to find loads left on the ground, shipping costs rapidly escalating, and shrinking profit margins that stun stakeholders.
The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry.
Thousands of brokers are currently in active search for the best freight broker bond renewal deal on the market. The reason for the shopping spree is that renewed freight broker bonds are an indispensable requirement to stay compliant and licensed for the new season.
