The largest US LTL carrier said it will aggressively pursue business outside LTL’s traditional industrial base, leveraging its national network and service to grow. As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels. Less-than-truckload base rates are moving up by mid-single-digit percentages, but fuel prices and surcharges can more than double the amount shippers pay. Regulators are tightening their oversight of electronic logging devices to deter fraud in driver work hours, squeezing already reduced truck capacity. For Gatik, the investment is a clear sign that the autonomous trucking industry is moving past the trial-and-error stage and into an era of highway deployment with major shippers in the U.S. and Canada. A proposed freight rail merger could help birth a dramatic expansion of passenger rail service in the sprawling Atlanta metropolis, and benefit trucking, too.
- As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels.
- Knight-Swift earnings, DAT pricing data and ATA freight volumes point to a market increasingly driven by tightening capacity rather than stronger freight demand.
- While freight demand isn’t booming despite growth in imports and manufacturing activity, it’s enough to push transportation pricing higher.
- “From our populated metro areas to our rural communities, millions of Americans rely on ferry systems to stay connected,” FTA Acting Deputy Administrator Matthew Cahill…
- This category examines how transportation operates in practice, how it evolves, and the challenges engineers face in keeping it safe, reliable, and efficient.
LTL rates are rising in a mid-single-digit range as shipments got heavier and more frequent throughout the second quarter, carrier executives say. Industrial demand seems steadiest in sectors contributing to data center construction, although the buildup is still muted, trucking executives and analysts say. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. Coverage at Interesting Engineering spans road, rail, https://business-soulwork.com/what-ways-can-businesses-reduce-their-carbon-footprint/ air, maritime, and emerging mobility systems.
Each gigawatt of US data center expansion requires 100,000 truckloads, and experts question whether existing truck capacity is sufficient to meet the construction demand. The Journal of Commerce’s trucking news and analysis encompasses full truckload, less-than-truckload (LTL), private fleet trucking, refrigerated trucking, regulation, drayage, and transloading. Since relaunching QXO in 2024, the company has spent about $30 billion buying companies.
U.S. Postal Service plans 6% peak season surcharge for parcels
The Federal Aviation Administration (FAA) announced the Pennsylvania and New Jersey Departments of Transportation would …Read More » “From our populated metro areas to our rural communities, millions of Americans rely on ferry systems to stay connected,” FTA Acting Deputy Administrator Matthew Cahill… Last-mile delivery eats 40% of supply chain costs. Container import demand has been elevated but stable. FreightWaves SONAR will launch its first virtual Driver App Shortage Hackathon on June to address the lack of software built primarily for truck drivers.
More shippers are looking to secure capacity through dedicated trucking agreements, and carriers such as Werner are strengthening their dedicated services. On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing. Railroads hauled a record number of domestic containers in the second quarter as shippers banked some of the largest savings against truckload in the history of the Journal of Commerce’s Intermodal Savings Index. Spot truckload rates dropped seasonally from week to week in July, but they remain elevated, with the highest rates and shipper spending on the West Coast, data shows. The accelerating use of short-term, targeted contracts underscores the need to fill widening capacity gaps in https://dallasrentapart.com/details-about-tels-global-and-its-services.html shipper distribution networks as trucking rates climb higher. As a new registration system is rolled out, outdated data may temporarily sideline some carriers, making vetting more difficult for shippers and brokers in a tightening market.
- Last-mile delivery eats 40% of supply chain costs.
- TFI’s less-than-truckload US subsidiary is working to reduce a surge in freight volumes blamed on low “blanket pricing” offered to 3PLs that wound up costing it money.
- Both traditional LTL carriers and non-traditional expedited LTL providers are seeking access to containerized freight as trans-Pacific imports increase.
- As a new registration system is rolled out, outdated data may temporarily sideline some carriers, making vetting more difficult for shippers and brokers in a tightening market.
This category examines how transportation operates in practice, how it evolves, and the challenges engineers face in keeping it safe, reliable, and efficient. It’s systems, vehicles, and infrastructure that often go unnoticed until they fail. From military transport technologies to everyday transportation technologies.