Spiking US diesel prices increase surcharges, truck bankruptcy risk
As the US retail diesel price moves above $6 per gallon, shippers face elevated risk of losing needed truck capacity in the fourth quarter, experts warn.
As the US retail diesel price moves above $6 per gallon, shippers face elevated risk of losing needed truck capacity in the fourth quarter, experts warn.
At a time when surging domestic intermodal demand is delivering sharply higher profits to its largest competitors, Hub Group expects to report an as-yet-undetermined first-half operating loss.
The 737,000-square-foot facility, slated to begin operations this month, features a goods-to-person fulfillment system to boost efficiency and employee safety.
Shipments may crest in September despite expectations peak season would fade by now, per the National Retail Federation and Hackett Associates.
The tech giant is joining a coalition working to accelerate electric carrier Nevoya’s deployment and to reduce its supply chain emissions.
Sending ships through the Red Sea should improve dismal schedule reliability, but an intensification of the war between Yemen’s Houthi militants and Saudi Arabia has elevated the risk of attack.
What high-volume shippers and brands know about on-demand packaging that you need to know too.
The agency will void the right to bring merchandise into the U.S for shippers with inaccurate information on file, starting Sept. 18.
The carrier has a sizeable war chest for fleet expansion, built up over the last several years of healthy earnings and strong freight rates.
Higher fuel prices continue to put pressure on LTL and truckload producer price indexes, leading to pricing gains ahead of trucking’s peak fall season.