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Explore the world of ground transport news - from trucks to railroads, intermodal connections, and port ties. Daily insights on US and global shipments.
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News & Analysis
Imbalance in trucking market spurs rate hikes: DAT's Caplice
William B. Cassidy, Senior Editor |
As contract freight volumes begin to rise year over year, more pressure will come to bear on contract truckload rates, DAT’s Chris Caplice told the JOC Inland Distribution Webcast.
Truckload
JOC Research: Truck, intermodal rates rise sharply with volume in Q3
Ari Ashe, Senior Editor |
JOC’s Intermodal Savings Index fell on the spot market and rose on the contract market in the third quarter, a trend that is likely to persist through the end of 2020.
Rail News
Non-asset parcel service launched to leverage underutilized USPS capacity
William B. Cassidy, Senior Editor |
Small package optimization and analytics firm ShipMatrix is launching a third-party, non-asset package management service to tap US Postal Service capacity for e-commerce shippers.
Trucking News
Air Cargo
Rising US imports spur slew of new trucking firms
William B. Cassidy, Senior Editor |
The number of new operating authorities issued to US trucking companies is surging alongside imports, but that doesn’t necessarily mean truckload capacity is increasing.
Truckload
West Coast-based LTL freight surge lifts YRC
William B. Cassidy, Senior Editor |
An ‘insatiable demand’ for truck capacity and a US loan are helping LTL operator YRC Worldwide expand capacity and intermodal services in the Central-South.
LTL
Bid dilemma looms for shippers as truck pricing nears peak: Echo
William B. Cassidy, Senior Editor |
Rebid freight now or wait for what may be a calmer first quarter? That’s the question US truck shippers face, Echo Global Logistics chairman and CEO Doug Waggoner says.
Truck brokers
US truckload carriers pushing for double-digit 2021 rate hikes
William B. Cassidy, Senior Editor |
Capacity remains king in the US truckload market, as larger carriers face challenges hiring company drivers and owner-operators seek independent opportunities.
Truckload
Shippers look to keep 2021 transportation budgets grounded
William B. Cassidy, Senior Editor |
US shippers are opening contract talks early, extending existing agreements, and seeking short-term contracts to hedge against expected 2021 rate increases.
Maritime
Air Cargo
Trucking News
Rail News
US online sales driving growth of ‘consumer LTL’
William B. Cassidy, Senior Editor |
More large goods are being sold online and delivered by LTL carriers such as Southeastern Freight Lines, as retailers seek multiple capacity options to reach consumers
LTL
UP says intermodal rail fluid again; some IMCs not convinced
Ari Ashe, Senior Editor |
Union Pacific Railroad says service is now fluid on its intermodal network after the “bumpiness” experienced over the summer; intermodal marketing companies, however, dispute that.
North-American rail
Parade taps two software startups to access small carrier capacity
Eric Johnson, Senior Technology Editor |
Freight brokerage software provider Parade has set up direct integration with two companies that focus on digitally enabling small carriers, which gives brokers using Parade access to that capacity.
Logistics Technology News
Trucking News
Truck brokers
UP raises Seattle surcharge to $1,000 for small shippers
Ari Ashe, Senior Editor |
Union Pacific Railroad will raise the surcharge on small shippers to $1,000 on excess contract cargo beginning Oct. 25, a signal that rail-owned containers remain in short supply on the West Coast.
North-American rail
European inland hub boosts rail container trade from China
Greg Knowler, Senior Editor Europe |
Limited air cargo capacity and high ocean load factors are keeping demand elevated on the overland rail network between China and Europe.
Rail News
Forager unveils margin transparency on cross-border moves
Eric Johnson, Senior Technology Editor |
Margin transparency is taking root among early-stage freight brokers, with cross-border 3PL Forager saying Wednesday it will provide clear pricing and service fees on any quote provided on its platform.
Logistics Technology News
Trucking News
Truck brokers
CP, Maersk ink rail agreement for Vancouver, Montreal
JOC Staff |
The rail agreement between Canadian Pacific and Maersk follows the mid-September announcement that the two companies will build and operate a transload and distribution facility at CP’s existing terminal in Vancouver.
Rail News
Q3 intermodal results hurt by congestion, poor velocity: J.B. Hunt
Ari Ashe, Senior Editor |
J.B. Hunt said intermodal results were worse than anticipated because of major network congestion in rail terminals and shippers sitting on containers, which may not ease until 2021.
Truckload
Canadian, US East Coast ports redrawing rail routing for imports
Mark Szakonyi, Executive Editor |
Two recent studies show how cheaper rail prices are helping drive port routing changes, and a new JOC analysis of data from the Intermodal Association of North America reveals how significant the shift has been in just five years.
Port News
Rail News
BNSF provides North Dakota rail to Pacific Northwest
Ari Ashe, Senior Editor |
Agricultural shippers in North Dakota will have a new service to the ports of Seattle and Tacoma to export products overseas, which the state’s governor calls a game-changer.
North-American rail
Barriers to new truck capacity rising: ATA’s Costello
William B. Cassidy, Senior Editor |
Long-haul trucking faces fiercer competition for truck drivers in the future and a shrinking pool of qualified driver candidates, ATA’s chief economist told the 2020 Transplace Shipper Symposium.
Trucking labor
US truck rates to settle in 2021: Transplace
William B. Cassidy, Senior Editor |
The long run-up in spot market truckload rates and truck freight demand may be reaching its peak, but don’t expect a quick descent, speakers at the Transplace Shipper Symposium said Wednesday.
Truckload
LTL
Truck brokers
Rise in US spot market truckload rates slowing
William B. Cassidy, Senior Editor, and Ari Ashe, Senior Editor |
An analysis of shipper transaction data shows a marked slowing of spot market rate hikes in September after a turbulent summer, perhaps pumping the brakes on the rise of contract rates
Truckload
Supply chain upheaval threatens peak plans, ‘21 budgets
William B. Cassidy, Senior Editor |
This year’s peak season promises to be tumultuous, but 2021 could be just as difficult for shippers as 2020.
Trucking News
Air Cargo
Rail News
Container lines
Shippers rethinking annual trucking procurement cycles
William B. Cassidy, Senior Editor |
Shippers are modifying their approach to truckload contracting, using more short-term “mini-bids” than ever before and turning to technology to improve a process that often breaks down when market prices swing quickly.
Truckload
Truck brokers
Truckload carrier CFI pursues cross-border LTL freight
William B. Cassidy, Senior Editor |
As capacity tightens at the US-Mexico border, truckload carrier CFI is building a series of consolidation centers to expand its efforts to capture Mexico-bound less-than-truckload freight and provide shippers with more capacity.
Truckload
LTL
No relief in sight from high spot truckload rates
William B. Cassidy, Senior Editor |
Logistics executives do not expect spot truckload rates to soar much higher, but they do not think they will drop either, forcing shippers to collaborate more.
Truckload
Truck brokers
Forward Air extends inland dray reach with Memphis acquisition
William B. Cassidy, Senior Editor |
The purchase of Value Logistics gives Forward a bigger intermodal presence in the South-Central distribution hub as freight volumes of all types rise, said CEO Tom Schmitt.
Drayage
LTL
DCLI exiting NVO business to deal directly with truckers
Ari Ashe, Senior Editor |
DCLI is ending contracts with NVOCCs because it believes truckers are better partners in the merchant haulage business, but other chassis providers will not follow suit and plan to keep conducting business with everyone.
Truckload
Transfix offers free software to woo small carriers
Eric Johnson, Senior Technology Editor |
The freight broker Transfix is providing small carriers with free standalone operational technology to align their capacity availability with needs from the company’s shipper customers.
Logistics Technology News
Trucking News
Truck brokers
Driver hiring lags despite September surge in US truck orders
William B. Cassidy, Senior Editor |
A substantial increase in heavy truck orders in September begs the question: Who will drive those trucks? Trucking employment is improving, but still down 4.7 percent year over year.
Trucking labor
US shippers shell out to secure container, truck capacity
Mark Szakonyi, Executive Editor |
Giving better volume forecasts to container lines and collaborating with truckload carriers can help shippers when capacity gets tight, but it’s higher rates that lock in the slot space on a vessel or guarantees a trailer load gets picked up when needed.
Trucking News
Container lines
Minority stake sale reveals Uber Freight’s logistics provider ambitions
Eric Johnson, Senior Technology Editor |
A private equity group has plunged $500 million into Uber Freight, signaling that longer-term investors believe the business model of digital freight matching will gain traction in the years ahead.
Truck brokers
Logistics Technology News
JOC Uncharted: Freight ‘imbalance’ pushing up truck rates
William B. Cassidy, Senior Editor |
The new rate differential tracked by DAT chief scientist Chris Caplice is rising at a faster pace, a sign that shippers will see a greater increase in truckload contract rates.
Truckload
LTL
Truck brokers
Mini-bids intensify US truck shipper data needs
William B. Cassidy, Senior Editor |
Shippers moving to mini-bids as truck capacity tightens need more detailed and near-real-time data to match freight lanes and tractor-trailers.
Truckload
Truck brokers
TRAC chassis issues in Ohio tied to end of cooperative pool
Ari Ashe, Senior Editor |
TRAC chassis are in short supply in Columbus, Ohio, because the equipment provider said repairs were necessary on chassis returned from the cooperative pool that was disbanded last month.
Truckload
More US truck drivers shifting to short-haul jobs
William B. Cassidy, Senior Editor |
Rising local trucking employment in the US and higher pricing highlights a shifting balance in transportation networks accelerated by double-digit growth in e-commerce sales.
Truckload
LTL
Convoy’s RFP avoidance product stirs industry scrutiny
Eric Johnson, Senior Technology Editor |
Criticism of the truckload broker Convoy for using venture capital to expand its market share reached a fever pitch this week based on a new offering that helps shippers sidestep the annual bid process, a product incumbent brokers claim is not as innovative as Convoy suggests.
Truck brokers
Trucking News
Logistics Technology News
As US truck capacity tightens, ‘shippers of choice’ first in line
William B. Cassidy, Senior Editor |
US shippers are returning to the ‘shipper of choice’ model as a peak season unlike any other looms ahead, trucking executives told the virtual CSCMP 2020 Edge conference this week.
Truckload
LTL
Truck brokers
Retail logistics processes could replace physical stores: Target’s Valdez
William B. Cassidy, Senior Editor |
Speaking at the virtual 2020 CSCMP Edge conference, Target’s Arthur L Valdez, Jr., forecasts a reinvention of retailing based on logistics and increasingly precise and rapid transportation.
Supply chain
Trucking News
US intermodal volumes show signs of recovery
Ari Ashe, Senior Editor |
Domestic intermodal volumes already elevated compared with a year ago and there are signs that international intermodal is on the upswing too.
Intermodal providers
US retailers begin holiday sales earlier to curb parcel costs
Cathy Morrow Roberson, Senior Contributor |
To mitigate sudden increases in demand for last-mile capacity and high peak season parcel surcharges, US retailers are extending sales promotions through the holiday season.
Trucking News
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