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The post Daily Infographic: Fun facts about the US trucking industry appeared first on FreightWaves.
The post Daily Infographic: Fun facts about the US trucking industry appeared first on FreightWaves.
Norfolk Southern and the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD) have reached a “landmark” scheduling agreement for train conductors, according to a joint news release Friday. While the exact details of the agreement weren’t available, the tentative deal, which needs to be ratified by union members, offers…
Annual losses at newly listed international freight booking and payment platform Freightos increased again in 2022 as the decade-old enterprise tries to monetize its matchmaking technology for streamlining air and ocean transactions. The company also lowered its 2023 projected revenue growth rate to 15% to 21% (about $22.5 million) from 87% last summer in the…
“It’s the worst freight market since the Great Financial Crisis.” This statement is commonly heard on our channel checks among carrier and broker executives and often repeated on social media. Now we have some evidence to support it. The National Truckload Index (NTI), available on SONAR, which measures the average national truckload spot rate, is…
Artificial intelligence has proliferated throughout the FreightTech scene, becoming the buzzword at conferences as the industry looks for ways to boost supply chain productivity and eliminate waste. While it is important to look within current logistics systems to apply AI solutions, FreightTech providers are examining disruptive global shipping modifications that would be detrimental without AI’s…
At the market (Photo: Jim Allen/FreightWaves) The year for beauty Some Dollar General stores are expanding their beauty products and that just seems like the right move to me. Supermarket News says the retail giant will add beauty aisles to nearly 300 stores this year. They would include more skin care products, hair care and…
For the past five years, global shippers have experienced constant disruption from unforeseen events, pushing logistics providers to provide robust solutions for more resilient supply chains. Freight forwarding platforms, real-time visibility and warehouse robotics have emerged to provide shippers with options to operate through the disruptions. Below are three emerging supply chain technology trends to…