Freight Teklif Al

Great Southern Wood-NC and the North Carolina Railroad Company’s infrastructure investments aim to lower transportation costs.

The right technology can spot sales patterns and flag gaps, but supply chain leaders still need to make the final call about adding and cutting items, one expert said. 

The contract with South Korean shipyard Hanwha Ocean pushes the global order book for LNG-fueled vessels to more than 6.8 million TEUs.

Developments linked to multiple energy sources — including data center-driven gas, nuclear, LNG, and offshore oil and gas exploration — are among projects in the works for major EPCs Fluor, KBR, TechnipFMC and Worley.

With the new partnerships, DoorDash said it now has more than half a million products eligible for sub-hour delivery.

CEO Daniel Heaf said a reduction in distressed inventory came from “buying our seasonal business correctly.”

Journal of Commerce data on shipper-paid spot rates supports suggestions the truckload market flattened in the late summer, but it may resume its climb shortly.

There is a good business case for buying assets that will reduce costs and increase efficiency, but the cycle that generates the cash for those deals doesn’t last forever, writes Jeremy Masters.

Shippers should expect more pressure on truck capacity as Homeland Security and the Justice Department join DOT in shutting down CDL schools and targeting illegal drivers.

Although the sector remained in expansion, “warning signs” are starting to appear, said Susan Spence, chair of the Institute for Supply Management.