Spending on trucking services advanced by their highest rate this decade in the fourth quarter of 2017, spurred by demand and tight capacity, according to the U.S. Bank Freight Payments Index, a quarterly measure of quantitative changes in freight shipment and spending activity tracked on a national and regional level.
January 25, 2018Business
Tight Capacity, ELD Mandate Send 3PL Rates Higher
The new year is bringing good news to third-party logistics firms as tight capacity sends the rates they charge shippers higher and their spot market business flourishes.
December 27, 2017BusinessLogisticsPerspective
Opinion: The 2017 Capacity Crisis: Past Lessons, Current Advice
Jeff Tucker, CEO of Tucker Company Worldwide, reviews lessons learned and offers current advice relative to the capacity crunch of 2017.
November 3, 2017Perspective
Opinion: The Quest for Universal Freight Visibility
Asset tracking has always answered the question: 鈥淲here鈥檚 my truck?鈥 It still does, of course, but some cloud-based, third-party software providers now merge widely scattered tracking resources to provide unparalleled visibility for shippers, brokers, carriers and third-party logistics companies, or 3PLs.
July 6, 2017Business
Truck Freight Capacity Dips in June
Truck freight capacity dipped in June, reflecting a relatively weak freight environment, according to the FTR Associates鈥 Shippers Conditions Index.
August 20, 2013