DOT adviser, FLOW members reflect on 2 years of data-sharing platform

“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…

Analysts at CERAWeek know 2023 oil market predictions didn’t pan out, look to 2024

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…

J.D. Power: Commercial vehicle auction volumes steady but prices down

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…