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This week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 30 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…
FMCSA allows ‘limited number’ of trucks to use pulsing brake lamps
WASHINGTON — Federal regulators have approved enhanced braking lights for a limited number of trucks over concerns that standards should first be updated before allowing the technology to expand within the industry. The Federal Motor Carrier Safety Administration granted a five-year exemption to Springdale, Arkansas-based Encore Building Products, a construction materials hauler, to operate trucks…
Flowspace acquires omnichannel tech RetailOps to propel growth
Fulfillment platform Flowspace has acquired omnichannel software provider RetailOps to expand its network and product capabilities. After integrating the omnichannel technology into Flowspace’s suite of supply chain tools, company leadership said they look forward to expediting product development while leveraging RetailOps’ technical team for the 500-plus brands it powers. Related: Flowspace raises $31M for omnichannel…
FTR, ACT report solid but not stellar new Class 8 truck build numbers
The weak trucking market is still not heavily impacting new truck orders, which remained reasonably strong in February, according to the two firms that most closely track the level of activity. In releasing its report on preliminary orders for Class 8 vehicles, FTR Transportation Intelligence put the seasonally adjusted number for February at 25,700 units….
Ryder opens second cross-border facility along Mexican border
Ryder System Inc. has opened a logistics facility in El Paso, Texas, aiming to tap into growing cross-border trade between the U.S. and Mexico. Ryder’s newly built 50,000-square-foot logistics facility is aimed at supporting global firms that are nearshoring manufacturing operations to Mexico, officials said. The facility is near the Ysleta-Zaragoza International Bridge, which connects…
Transportation prices fall notably again in July
Transportation prices fell again in July but at a slower rate than in the prior two months, according to data compiled in the Logistics Managers’ Index (LMI). Prices registered a 35.6 reading during the month, well below a neutral level of 50, but the falloff wasn’t as sharp as the record rate of decline set…