US imports set to push spot truckload rates higher in August
Spot truck rates from US ports are running slightly higher than national average prices, but the gap could grow in August as more imports flow inland.
Spot truck rates from US ports are running slightly higher than national average prices, but the gap could grow in August as more imports flow inland.
Intermodal train speeds in June were down compared with a year ago for all North American railroads except for Canadian Pacific Kansas City.
BasicBlock’s deal for carrier dispatch and load board provider TrueNorth signals that owner-operators and small fleets need technology to find profitable loads.
July fighting squashed the promise of a June ceasefire and the Strait of Hormuz reopening, creating a “stop-start recovery” for the flow of virgin materials as prices rise.
The food manufacturer intends to maintain high service levels, reassess its product mix and reduce days of inventory, executives said.
Imports from 60 trading partners will be subject to either a 10% or 12.5% tariff, effective Friday, the same day Section 122 levies will expire.
Union Pacific could provide faster transits through Chicago in addition to Canadian National dropping its opposition to the merger with Norfolk Southern.
The carrier’s holiday surcharges, which apply across various shipping services, will be higher than they were last year.
The forwarder joins several other companies in the transport and logistics sector that have also raised their profit guidance following better-than-expected results.
Knight-Swift earnings, DAT pricing data and ATA freight volumes point to a market increasingly driven by tightening capacity rather than stronger freight demand.