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Insights
January 4, 2024
Trucking demand is up while capacity is down since this time last year. This statement by itself means that the transportation market is healthier, but it also suggests that 2024 should be better in aggregate as the gap between supply and demand narrows quickly. Truckload demand is barely a shadow […]
January 4, 2024
Maersk has suspended shipping through the Red Sea and Suez Canal — one of the world’s most important maritime trade routes — “until further notice” as it continues to review security following an attack on one of its vessels. The extended suspension reflects concern among international shipping giants about attacks on ships […]
October 24, 2023
United Airlines saw cargo revenue drop 33% year over year in the third quarter to $333 million, as the weak air cargo market continued to take a toll on the top line for freight. The contraction in cargo sales was hardly noticed by investors on Tuesday as United punched its […]
August 30, 2023
Trucking is among the most fragmented industries on the planet. Growing up, I was told that there would be massive consolidation in the trucking industry following deregulation in 1980. Instead, the opposite has happened. This chart shows the growth in the number of individual trucking fleets from 2008 to now. […]
August 14, 2023
11,270 Vehicles, 3,256 Drivers Restricted From Service More than 81% of commercial motor vehicles and 94% of drivers inspected during International Roadcheck in May did not have any out-of-service violations during this year’s 72-hour special enforcement effort conducted by Commercial Vehicle Safety Alliance inspectors in the United States, Canada and […]
August 14, 2023
Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction. Omni is a privately owned asset-light, high-touch logistics and supply chain management company headquartered in Dallas that is ranked No. 38 on the Transport Topics Top 100 […]
July 31, 2023
The purpose of Women in Motion (WIM) is to promote and support the advancement of women in the trucking industry by providing access to robust training, mentorship, and networking programs, advocating for policies and practices that create a level playing field for women in the industry, and fostering communication and […]
June 16, 2023
In the fast-paced world of global trade and commerce, logistics plays a crucial role in keeping supply chains running smoothly and efficiently. From the movement of goods and materials to the coordination of transportation and storage, logistics professionals work tirelessly behind the scenes to ensure that products reach their intended […]
June 1, 2023
In today’s fast-paced and highly competitive market, businesses across various industries rely on efficient and reliable freight transportation to meet their supply chain needs. Choosing the right freight broker plays a critical role in ensuring the smooth and cost-effective transportation of goods. With numerous options available, it is essential to […]
