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“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.

Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.

In the face of a challenging market downturn, freight brokers must continue to showcase remarkable resilience and adaptability. Through proactive strategies and innovative approaches, they can survive and thrive in adversity. Discover the secrets behind success as we explore how freight brokers should navigate the uncertainty of a down market.

The second quarter of 2023 has revealed a potentially bleaker outlook for the freight market, almost reaching numbers of the freight recession witnessed in 2019. Discover the secrets behind success as we explore how freight brokers should navigate the uncertainty of a down market.

Traditional freight brokerage operations have been historically inefficient. Manual processes and associated errors are now being overhauled by AI-driven technology that streamline the manual and time-consuming workflows, all while providing next-gen insights that foster data-driven decisions. Download the whitepaper to explore how we’re empowering brokers to maximize efficiency through automation.

Canada's $230 billion industrials group has become the third-most valuable collection of companies on its equity market.

DAT Solutions has teamed with TransVix to establish a futures exchange that’ll allow trucking companies, third-party logistics providers and shippers to hedge against uncertainty in spot market rates, a venture that could launch as early as this summer.