A vague mention of Amazon.com Inc’s interest in any sector might be enough to send investors into a tizzy, but the top executive of U.S. Xpress Enterprises Inc. is unperturbed.
Retailers and manufacturers are taking stock of their transportation costs and exploring alternatives as a capacity crunch in freight is driving up prices and causing shipping delays.
The market for new heavy-duty trucks is growing at a nearly unprecedented pace this year as fleet owners and big-rig manufacturers race to keep up with accelerating U.S. freight demand.
Joyce Brenny, chief executive of Brenny Transportation in Minnesota, gave her truck drivers a 15 percent raise this year, but she still can't find enough workers for a job that now pays $80,000 a year.
Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.
“Autonomous vehicle” tends to conjure images of flying drones and quadcopters. But autonomous trucks will have a far more immediate and lasting impact on cargo, says Dan Murray, vice president of the American Transportation Research Institute (ATRI) — although it may be some time before such vehicles are embraced globally.
Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market.
Freight-hauling firms slowed their roll in ordering new trucks last month, as backlogs at equipment factories spiked following record demand for new vehicles in the first quarter.
The latest news, analysis, trends and solutions regarding transportation management systems (TMS) and their impact on supply chain management. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and transportation management is critical in the overall supply chain. New technologies are optimizing productivity, increasing efficiency and cutting costs. Learn how companies around the world are improving supply chain operations through their strategic use of transportation management systems and software.
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