Shipping companies transporting coal, iron ore and other commodities are urgently seeking ways to conserve cash and withstand the worst market downturn on record as too many ships chase shrinking business.
Over the past year, prime warehouse rents are up 9.9 percent across the U.S. and up by double-digit amounts in some large urban areas, according to a recent report. E-commerce and Amazon are in no small way responsible for the development.
Roadrunner Transportation Systems, Inc. has expanded its less-than-truckload (LTL) service to include expedited freight service to Los Angeles metro, Atlanta metro and Dallas metro from Chicago.
Spot truckload freight volume and available capacity both fell during the week ending May 21, according to DAT Solutions, which operates the DAT network of load boards. However, load-to-truck ratios increased and diesel prices have been rising sharply - an indication that spot rates may pick up soon.
The total cost of having a vehicle fleet fell by 14 percent from 2014 to 2015 due primarily lower fuel prices, according to the inaugural Element Fleet Total Cost of Ownership Index.
The restructuring of China's economy, the world's second-largest, is among five trends that will likely affect the world of maritime shipping, says Richard Clayton, chief maritime analyst at IHS Maritime & Trade.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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