At this point, making predictions for the trucking market feels almost like playing roulette. In an industry that’s widely understood to be quickly cyclical and dependent on quite literally dozens of factors, it’s almost anyone’s guess how the market will fare even a few months from now. 2018 will be remembered for having two of […]
“We have a huge drug abuse problem in the trucking industry, and should actually purge an estimated 300,000 commercial drivers to clean it up,” says Lane Kidd, Managing Director of the Trucking Alliance. “No wonder truck accidents are on the rise.” Sobering estimate, huh? Enter the US DOT Drug & Alcohol Clearinghouse Earlier this month, […]
It wasn’t too long ago that shopping online seemed somehow untrustworthy … like the most likely outcome of an online purchase was a compromised credit card number and eventual delivery of a laughably sub-par product. Then along came Amazon. It went from used book reseller to retail giant with a monopoly over most everything we […]
Our experts weigh in on what you can expect for the rest of the year. Last month, FreightWaves, the first organization to develop a futures market based on U.S. trucking spot rates, took four models forecasting trucking spot rates for the rest of the year, and compared them against each other to predict pricing for […]
As a decision-maker in the industry, you are likely in the midst of the bidding season and planning process. This is the best time to evaluate the economic demands and supply chain complexities that impact your freight transportation model and strategy. It’s also a vital time to evaluate your existing and new carriers and brokers […]
For any company tasked with providing products or materials to downstream customers, “starting with the end in mind” means implementing a logistics strategy based around end-user demands. In many cases this involves managing an efficient ordering and shipping process that faces the complexities of reducing freight costs, gaining supply chain visibility, managing inventory levels and […]
Technology is already playing a significant role today. We will continue to see this trend throughout the coming years. The reason technology greatly impacts businesses is that customers are demanding more visibility, and their expectations are changing. Today people want product delivery reliability and within their budget. Companies are looking for a trusted transportation and logistics provider to meet consumer trends.
It’s September, which means holiday merchandising is right around the corner. Along with it – third-quarter reviews that sometimes drive last-minute strategy tweaks. In a heartbeat, months of holiday planning can be upended. Hail Marys aren’t uncommon in this industry, although the act of getting product to shelf can at times seem nothing short of […]