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News
New FTR Trucking Conditions Index declines but remains at a strong level
3+ day, 22+ hour ago (328+ words) Logistics Management New FTR Trucking Conditions Index declines but remains at a strong level The new edition of the Trucking Conditions Index, which was recently issued by FTR, again turned in a positive reading. According to FTR, a TCI reading…...
Preliminary August Class 8 truck orders see annual gains and sequential declines
4+ day, 21+ hour ago (263+ words) Preliminary August Class 8 truck net orders saw sequential declines and annual gains, according to recent data respectively issued by FTR and ACT Research. FTR reported that preliminary August Class 8 orders, at 18,200 units, were off 19% compared to August and up 42% annually,…...
ShipStation adds LTL freight capabilities shipping to its parcel platform
4+ day, 22+ hour ago (158+ words) Customers can now compare real-time LTL rates, book freight, track shipments, and manage invoices without moving to a separate system. The service is rolling out to ShipStation merchants, the company announced Sept. 1. LTL shipping is generally used for loads too…...
Flexport extends end-to-end logistics network with new Canada, UK fulfillment services
1+ week, 3+ day ago (467+ words) San Francisco-based freight forwarding and customs brokerage services provider Flexport this week said that it has rolled out its first international fulfillment service operations, in in Mississauga, Canada and Manchester, England, respectively. Flexport officials said that bringing international fulfillment services…...
Preliminary July Class 8 truck net orders post annual gains
1+ mon, 6+ day ago (317+ words) logisticsmgmt.com Preliminary July Class 8 truck net orders post annual gains Preliminary July Class 8 truck net orders again recorded annual gains, according to recent data respectively issued by FTR and ACT Research. FTR reported that preliminary July Class 8 orders, at…...
Trucking execs say they have positive momentum heading into Q4
1+ mon, 6+ day ago (780+ words) Trucking’s quarterly reports from publicly held carriers are on the rebound as shippers enter peak season with fewer, more costly options. Trucking executives and analysts say this supply-demand balance is tilting toward carriers after three years of imbalance that favored…...
C.H. Robinson hit with $604 million advisory verdict in negligent carrier selection case
1+ mon, 2+ week ago (235+ words) C.H. Robinson said in the filing that the advisory verdict remains subject to post-trial proceedings before the court enters a final verdict and expects to appeal if the jury’s verdict is entered as final. This follows a mid-May ruling by the…...
37th State of Logistics: Truckload
2+ mon, 1+ week ago (427+ words) The highly fragmented $390 billion truckload industry—where market leader Knight-Swift Transportation controls barely 1.5% of total market share—is showing signs of recovery after three challenging years. Analysts say the improvement is not being driven by a sudden surge in economic…...
Only 13% of freight forwarders and customs brokers rate their decision-making as excellent
2+ mon, 1+ week ago (151+ words) Logistics Management Only 13% of freight forwarders and customs brokers rate their decision-making as excellent A new report from Magaya and Adelante SCM suggests that many freight forwarders and customs brokers are investing in technology but still have room to improve…...
Echo Global Logistics expands Mexico footprint with new intra-Mexico offerings
2+ mon, 3+ week ago (566+ words) Ryley told LM that this expansion was driven by existing client demand, leading Echo to build and expand its new portfolio of services. “We believe by adding more depth to our existing truck brokerage services we can solve many of…...