Oregon-based DAT Freight & Analytics, one of the trucking industry’s largest load boards in North America, has confirmed that “external forces” are to blame for multiple service disruptions on its platform over the past 10 days but declined to disclose the root cause of the intermittent outages. Since March 11, truck drivers and brokers who…
“The need for speed” goes beyond the famous quote by Maverick in “Top Gun” — it can also be considered the mantra of the logistics world. Trade at rest is not making money. That was made clear two years ago, when the ports around the globe were congested with containers. The cascading impact of the…
HOUSTON — The oil market of the past 12 months is not one that analysts at the CERAWeek conference of 2023 would have predicted. That it has been a surprise to numerous experts and analysts was a recurring theme at a key session at the giant CERAWeek 2024 conference. The panel was titled “Oil Markets…
A new report by J.D. Power Valuation Services finds that although auction volume for commercial vehicles in February was similar to that of January, prices fell unexpectedly. The report also suggests that the March 5 sale of equipment – mainly trailers and single-axle day cabs – as part of a liquidation by defunct carrier Yellow…
The air cargo market has started the year on an apparent tear thanks to strong e-commerce volumes out of Asia and extended transits for ocean freight being rerouted around the Red Sea conflict zone, but whether the growth is sustainable or a product of low comparisons to last year remains an open question. Last summer…