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25
Jan
A Shortage of Trucks Is Forcing Companies to Cut Shipments or Pay Up
by Jennifer Smith wsj.com A nationwide truck shortage is forcing thousands of shippers into a tough choice: postpone all but the most important deliveries, or pay dearly to jump to the front of the line. Michelin North America Inc. cut […]
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25
Jan
by Doug Cameron and Jennifer Smith wsj.com Companies are shipping more items by plane to meet customers’ rising expectations for rapid delivery, prompting a scramble for cargo space that has sent airfreight rates soaring and pushed Amazon.com Inc. and others […]
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13
Dec
Precision Pricing
Bruce Lilly | Special to Transport Topics The less-than-truckload industry is embracing dimensioning technology to enable more accurate freight pricing and automate what used to be manual tasks. Increasingly, LTL carriers are implementing dimensioners on their loading docks and within […]
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30
Nov
TESLA UNVEILS ELECTRIC SEMI-TRUCK
At a recent event, Elon Musk unveiled the new Tesla electric Semi-truck with the following stats: • 0-60 in 5 seconds • 0-60 with 80,000 max gross weight in 20 seconds • 65 up 5 percent grade at max gross […]
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30
Nov
UPS RATE INCREASES
As anticipated, United Parcel Service (“UPS”) has followed FedEx and announced its Annual General Rate Increase (“GRI”), to be effective December 24, 2017. The UPS GRI will affect all UPS Ground, UPS Air, UPS International Services, as well as all […]
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15
Nov
October imports turn in strong performance, reports Panjiva
By Jeff Berman, Group News Editor-LM The ongoing trend of very positive momentum for United States-bound waterborne shipments remained firmly intact in October, according to data released this week by global trade intelligence firm Panjiva. October shipments rose 3.2% annually […]
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15
Nov
2017 air cargo trend
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September. WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level […]
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16
Oct
Gloomy Outlook for Container Lines
Container spot rates from Asia to North Europe slumped this week, losing about 4% in value. Following the Chinese Golden Week holiday, spot rates are continuing to slide and are now trending below long-term rates. The short-term market has had […]
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11
Oct
KEY FACTORS BEHIND TIGHTENING TRUCK CAPACITY
There has been a growing industry wide concern related to upcoming truck capacity and how this will affect shipping as we know it moving forward. There are many factors currently influencing this tightening of capacity, including freight demand hitting peak […]
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11
Oct
LEGISLATION PROPOSED TO TAX FREIGHT FOR FUNDING NEGLECTED INFRASTRUCTURE
There is little dispute that the United States infrastructure is in need of significant repair and upgrading, however the means to fund such projects has been unclear and disputed for years. A fixed amount federal excise tax on gas and […]
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