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The post Daily Infographic: Americans value truck parking facilities — but not in their backyards appeared first on FreightWaves.
The post Daily Infographic: Americans value truck parking facilities — but not in their backyards appeared first on FreightWaves.
At personal care products giant L’Oréal Corp., consistency and collegiality have been two of Andrew Banfield’s watchwords in transportation buying. Amid all of the turmoil surrounding the pandemic and supply chain snafus, the experience was “surprisingly consistent, and I say that because we very much aspire to attest and learn methodology where we try things…
Shipment data captured by payment services provider Cass Information Systems was only off modestly in February while freight costs plummeted on a tough comp. The Cass Freight Index registered a 0.3% year-over-year (y/y) decline in shipments while the expenditures component of the data set, which measures the total costs associated with shipping freight, fell 9.7%…
The shipping cycle is famously volatile. Just ask anyone involved in the container shipping business in 2020-2022. Time it right, buy exposure to the cycle at the bottom and sell at the top, and you’ll make a fortune. Multi-generational Greek shipping families have this down to a science. For everyday investors, it’s a challenge. Shipping…
LOUISVILLE, Ky. — Managed transportation provider Uber Freight announced Wednesday at the Mid-America Trucking Show that it has expanded its drop-and-hook solution Powerloop nationally and enhanced its load bundling options, and that it’s utilizing new trailer technology to help shippers fight fraud. Powerloop, first introduced in 2018, enables Uber Freight’s shippers to access over 1,000…
Major disruptions combined with increasing customer expectations have been the primary driver for the rise in popularity of real-time visibility solutions over the past several years. While many leading organizations today recognize that visibility is a requirement for efficiently moving goods throughout the global supply chain, their needs continue to evolve. Heightened pressure from investors…
Jobs in the truck transportation sector mostly treaded water in February while warehouse jobs continued their long slide, according to the monthly report from the Bureau of Labor Statistics. In the truck transportation sector, the loss of 300 jobs was the smallest one-month change up or down since August 2022, when an increase of 300…