3 emerging FreightTech trends in 2023

For the past five years, global shippers have experienced constant disruption from unforeseen events, pushing logistics providers to provide robust solutions for more resilient supply chains.  Freight forwarding platforms, real-time visibility and warehouse robotics have emerged to provide shippers with options to operate through the disruptions. Below are three emerging supply chain technology trends to…

Feds report more truck drivers dying from not using seat belts

WASHINGTON — The lack of seat belt use among truck drivers is grabbing the attention of federal regulators concerned about the latest fatality data. “One thing we’re seeing in trucking and other sectors is that seat belt usage is going down,” said Polly Trottenberg, deputy secretary of the U.S. Department of Transportation, speaking at a…

Forward Air’s tonnage declines cool as Q2 advances

Asset-light trucking company Forward Air announced Tuesday that tonnage was down 8% year over year (y/y) for the first two months of the second quarter. Forward (NASDAQ: FWRD) noted the severity of the y/y declines has eased as the second quarter has progressed. Tonnage in its expedited segment, which includes less-than-truckload, truckload and final mile,…

RXO exec at UBS conference says 3PL’s market share still rising

NEW YORK — RXO’s chief strategy officer conceded to a conference here that he didn’t have much fresh to say in terms of the company’s market or overall outlook, but given the relative strength of the 3PL’s first-quarter performance, no news remains relatively bullish news. At the UBS Global Industrial and Transportation Conference, a two-day…