May sentiment survey sees higher transportation rates but capacity up again

Sentiment on transportation pricing among supply chain executives flipped from contraction to expansion in May, a monthly survey showed on Tuesday. While the pricing data set inflected positively during the month, the capacity subindex stubbornly remained in growth mode as well. The Logistics Managers’ Index (LMI), a compilation of eight key components of the supply…

Cass, FreightWaves SONAR partner on supply chain intelligence

FreightWaves SONAR and freight audit and payments provider Cass Information Systems announced on Tuesday a channel and integration partnership at Future of Supply Chain in Atlanta. The agreement allows Cass’ customers to access industry rates for internal benchmarking purposes. Cass (NASDAQ: CASS) is now a critical channel partner for SONAR’s Supply Chain Intelligence (SCI) tool….

Judge dismisses 2 of 3 claims in lawsuit over yacht destroyed in transit

A federal judge has dismissed two of three claims against a boat dealer and transportation company that are being sued for $1.4 million after a yacht was destroyed in transit from North Carolina to Connecticut. According to the initial complaint filed by plaintiff Max Zach Corp. last July, the 2006 48 Fountain Express Cruiser was…