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The post Daily Infographic: The Competitive Advantage of Technology Tools in Construction appeared first on FreightWaves.
The post Daily Infographic: The Competitive Advantage of Technology Tools in Construction appeared first on FreightWaves.
In a long-awaited move, Shelley Simpson has been elevated to CEO at J.B. Hunt. Simpson is currently the president of the trucking and intermodal provider. She has been with the company for almost 30 years and has been president since 2022. Simpson will assume her new role July 1. She will remain president as well….
Canadian Pacific Kansas City (CPKC) railroad and Knight-Swift Transportation announced Tuesday a deal to provide truckload capacity for a Mexico-to-Chicago cross-border train that will launch in mid-May. It’s the second major multiyear agreement CPKC has signed with a megacarrier in recent days. On Friday, CPKC and Schneider National announced the formation of a similar intermodal…
Freight shipments and expenditures continued to fall in January, according to data compiled in the Cass Freight Index. The Thursday report showed shipments were down 7.6% year over year (y/y) during the month and were 3.5% lower than in December. Adjusting for seasonality, shipments were flat with the prior month. The index stood at the…
Supply chain solutions consulting firm ArchLynk announced Tuesday it has acquired a fellow player in its field, Boise, Idaho-based WCS Consulting, to keep pace with the growing demand for cloud-based integrated business planning (IBP) solutions. According to a McKinsey study of 54 senior executives, 25% felt their current processes helped facilitate decision-making effectively but that…
A.P. Moller-Maersk has announced it will begin using a freight railroad to bypass the drought-stricken Panama Canal, as low water levels have forced authorities to limit the number of large ships passing through. The shipping container giant said Wednesday its Oceania-Americas (OC1) service, which normally uses cargo ships to transit the canal, will instead utilize…
The economy has been declining since the start of the COVID-19 pandemic. Supply Chain Quarterly said that in 2021 “volatility, inflation, and surging demand caused U.S. business logistics costs to increase by 22.4%.” 2022 wasn’t any easier as overall costs, especially maintenance and fuel costs, skyrocketed. In partnership with FreightWaves, Bestpass asked fleets of all sizes across…