Logistics organizes product flow from production to destination. Napoleon Bonaparte’s axiom “An army marches on its stomach” made logistics important in the military. The third-party logistics sector is worth $750…
Parcel Consultants Predict Hefty Rate Hikes in 2024
Experts predict weak pricing for the remainder of the 2023 parcel-delivery season. Base rates and accessory charges are expected to grow by 6% to 10% in 2024. Branden Burt, Director…
Tentative Labor Deal Reached ABF Freight and Teamsters
The International Brotherhood of Teamsters and ABF Freight reached a preliminary agreement on a new five-year collective bargaining agreement on Wednesday night. ABF Freight reached a labor agreement with the…
UBS Conference: RXO Executive Reports Continued Rise in 3PL Market Share
Jared Weisfeld spoke at the UBS Global Industrial and Transportation Conference. RXO is maintaining its earlier prediction to grow its brokerage volumes in the second quarter year over year. Volumes…
Saudi Production Imminent as Diesel Benchmark Drops Again
On Monday, the weekly average retail price of diesel fell for the 17th time in 18 weeks. The price per gallon dropped 5.8 cents to $3.797. The weekly price is…
$146M Container Terminal Expansion done by Texas Seaport
Port Freeport’s Velasco Container Terminal has been expanded. The expansion allows bigger container and tanker boats to dock. The port can now become a regional shipping center. Officials made the…
NS to be the Gold Standard in Safety says Shaw
It has recently come to light that Alan Shaw, president, and chief executive officer of Norfolk Southern, did not initially work in the railroad sector. Shaw, a recent aerospace engineering…
How To Find A Shipper For Load?
How freight brokers, agents, and marketers can increase shipper for load and promote their businesses. Freight brokers need reliable carriers and a contact list. The list by Lading Cargo will…
Cycle Low Point: Descartes Observes February
The fiscal quarter results are out. The results are better than expected. Descartes supplies Software as a Service solution. The supply chain is their focus. Demand is increasing. February was…
16th week of decline, Diesel drops 2.8 cents
Diesel prices have dropped for the sixth week in a row and the sixteenth time in the past 17 weeks. The Energy Information Administration set the industry standard price at…