Los Angeles and Chicago spot markets stay hot
Mudslides and a dead Pacific Northwest are contributing to high northbound rates coming out of Los Angeles, while extreme winter weather in the Northeast and freight backbuilds are keeping Chicago hot.
Mudslides and a dead Pacific Northwest are contributing to high northbound rates coming out of Los Angeles, while extreme winter weather in the Northeast and freight backbuilds are keeping Chicago hot.
Uberization has been a hot term to describe digital transactional brokerage. But a bigger, untapped opportunity might be available in the market
1.4 million returns on National Returns Day, Jan. 3, a fifth consecutive annual record, up 8% from prior year.
A weather bomb hit the East Coast over the past two days and it has left a mark that will take shippers several days from which to recover.
An unstable Polar Vortex first warmed the Great Lakes and then brought Siberian temperatures to the region, creating disruptive snowfalls and historically low end-of-year temperatures. These weather events only add to numerous factors keeping spot rates sky-high.
Total accepted loads from LA to Seattle have dropped 60% in a week; spot rates in and out of Los Angeles are up by as much as 35% in seven days.
Riskpulse predicts a somewhat colder, wetter winter for the western and northwestern US; warmer, drier conditions should prevail in the southeast and eastern seaboard.
Riskpulse, the leader in providing weather risk analytics for supply chains, has issued a retrospective report discussing how they advised their customers during the historic 2017 hurricane season.
Winter is coming. The National Weather Service is call for several inches of snow to blanket Minnesota, Wisconsin, and parts of the Dakotas this weekend, with over 90% confidence.
The deadly wildfires raging in Northern California regained their vigor on Wednesday as winds picked up and helped spread fires, threatening historic Sonoma County wineries. The fires have left at least 17 people dead and more than 2,000 buildings destroyed. They are also impacting shipping in the region.
Hurricane Nate came ashore late Saturday night and by this morning had been downgraded to tropical storm with winds of 45 mph gusting to 55 mph at times as it moves toward the north-northeast at more than 25 mph.
Tropical Storm Nate is expected to strengthen overnight and through the day tomorrow as it continues to track toward the Gulf Coast across warmer waters. As a result, the National Weather Service has issued a hurricane warning for Grand Isle, LA, to the Alabama/Florida border for Tropical Storm Nate. The storm is expected to make landfall late Saturday or early Sunday.
The National Hurricane Center is warning about potential weekend impacts from Tropical Storm Nate anywhere from the Florida panhandle to Louisiana. Assets in the Mobile, AL; Baton Rouge, LA; and New Orleans, LA, areas currently showing the most risk, according to supply chain risk analysis firm Riskpulse.
Just as the nation turned its attention away from tropical weather, another threat is now looming for the Gulf Coast and Florida this weekend. Tropical Depression Sixteen is official and on the radar of the National Hurricane Center (NHC), and it has eyes for Louisiana and Florida this weekend.
A relic of a protectionist period in US history made the damage caused by Maria so much worse. Combined with a lack of logistics infrastructure and you have the making of an American made catastrophe.
While it appears the East Coast dodged a bullet with Hurricane Jose, the next 10 days look to be a busy time for transportation interests along the coast as Hurricane Maria’s track remains uncertain and there is still potential impacts from that storm early next week.
The East Coast could see two back-to-back hurricanes hit over the next ten days. With an already-steteched national supply-chain, it will test our logistics infrastructure.
Few people get to experience what the journey of a global container goes through and what its like being on a ship as it makes the trip. With over 90% of global cargo moving via ship, its an important part of our world economy. See what you are missing.
The trucking industry, working in partnership with major retailers and consumer package goods companies respond to the recent devastation by delivering much needed relief supplies.
As Hurricane Irma continues to move through the Southeast, some of its impacts are now being assessed, and they are likely to disrupt operations for many for days and weeks to come.
Hurricane Irma was already impacting Florida on Saturday afternoon with the storm forecast to come ashore Sunday morning. The track of the hurricane is now expected to take it through Florida and into Georgia, South Carolina and possibly Alabama and Tennessee by Wednesday.
Ports were closed and Florida highways were jammed with people on Friday fleeing Hurricane Irma, as the Category 4 storm approached the state.
Hurricane Irma has remained a Category 5 storm as it continues its path towards the U.S. A slight eastward shift of the projected path has not changed the danger for Florida from the storm, but it has brought South Carolina, North Carolina and Georgia more in play for a possible direct hit.
The latest guidance on Hurricane Irma is suggesting that the storm is more likely than not to strike the east coast of Florida or the Southeast U.S., with effects first being felt on Sunday, according to supply chain risk analysis firm Riskpulse’s latest Watchtower Alert.
Over the past few days, we have received a large number of inbound requests asking for thoughts on Irma and what fleets can expect. Whenever a major hurricane strikes, logistics relief efforts follow a similar process.
Hurricane Irma intensified overnight and is now a Category 5 hurricane in the Atlantic on a possible course for the East Coast of the United States. According to Riskpulse, interests along the East Coast, particularly Florida, should be closely monitoring the storm for potential impacts by this weekend.
FEMA disaster relief logistics highlights the need for blockchain implementation. Blockchain is an emerging technology that promises to bring transparency and visibility to transactions.
Grain supplies have been trending up in the U.S. as prices have remained relatively stable, causing farmers to hold onto their crops longer hoping for a boost in prices. Hurricane Harvey, though, is making the situation worse as grain exports have nearly stopped.
Just as the nation recovers from Hurricane Harvey, there is another tropical system brewing that has the potential to impact the U.S.
Harvey is the kerosene to accelerate the trends towards a major capacity crunch in the truckload industry. With as much as ten percent of capacity being impacted, combined with surpluss demand coming from relief and rebuilding- the truckload market capacity is expected to be super tight
As Texans come to grip with the impact of Harvey on their lives- we examine the impact of the storm on the freight markets. Harvey relief demand is expected to be enormous and will likely dwarf the truckloads sent to help in Katrina efforts.
While recovery efforts are still ongoing in many areas, the nation as a whole is about to feel the impact of Hurricane Harvey through increased fuel prices.
Even as the industry steps up to help, dedicating thousands of trucks and millions of cubic feet of capacity to relief efforts, an analysis from FTR says that approximately 7% of the industry has been affected already and some of that will be affected for weeks.
Texas’ largest grocery store chain responds to disaster with a convoy of specially outfitted trucks and trailers to deliver relief food, medical supplies, and dry-goods.
While Harvey may no longer be a hurricane, its flooding rains are expected to continue for days, causing major disruptions to travel and shipments in the state.
One of the worst storms to hit the US ever. Heavy flooding expected. Shipments affected but major disruptions expected over the next few weeks.
The Federal Motor Carrier Safety Administration has suspended certain commercial regulations in Texas and Louisiana, including hours of service, for drivers providing “direct assistance” for hurricane relief under regulation 49 CFR 390.5.
The time has arrived as the Texas coast braces for the nation’s first major hurricane landfall in 12 years. Hurricane Harvey was upgraded this afternoon to a Category 3 hurricane with winds of 125 mph. According to Riskpulse, the forecast track has remained consistent, with landfall later tonight near central Texas.
After Hurricane Harvey departs Texas, the area will likely be in need of relief supplies. Trucks will haul those supplies. but how are the logistics of moving relief supplies handled? Someone who was involved in that process explains.
The National Hurricane Center has seen rapid intensification of Hurricane Harvey today and is now expecting the storm to gather strength before it makes landfall in Texas late Friday/early Saturday morning. The trucking interests are watching the storm closely as its final path and impacts will influence area spot rates, capacity, and fuel costs.
As predicted, the remnants of Tropical Storm Harvey have reformed into a Tropical Depression in the Gulf of Mexico. According to supply chain risk analytics firm Riskpulse, it is now likely that Harvey will make landfall on the south-central Texas coastline, perhaps near Corpus Christi, as a hurricane.
In the Gulf of Mexico, storms can happen quickly. That is the case with the remnants of Tropical Storm Harvey, which are moving into the Gulf and could potentially threaten the coast of Texas later this week.
The eclipse will result in slower freight volumes this week as companies adjust their normal production schedules. This will have a small drag on rates. According to one study, the US economy will take a $700M hit while people go outside and enjoy the once in a lifetime opportunity (for most) to see a total eclipse.
Google publishes solar eclipse traffic maps showing record congestion on highways along the eclipse route line. Drivers are starting to post photos of traffic congestion and even Nest gets in the spirit with messages about the eclipse on their thermostats.
The great eclipse of 2017 is less than 24 hours away. While we can’t control the traffic- we can talk about the weather. We have gone out to two sources to ensure you have the best view of the event: Accuweather and Riskpulse.
The great eclipse of 2017 is less than 24 hours away. While we can’t control the traffic- we can talk about the weather. We have gone out to two sources to ensure you have the best view of the event: Accuweather and Riskpulse.
In recent years, disruption to routes along the Gulf Coast and East Coast because of hurricanes – which can spread hundreds of miles wide and leave widespread flooding and infrastructure damage in their wake – has been minimal. That could change this hurricane season.
They say farm to fork, but without trucks, the farm never makes it to the stores, much less the fork. And that’s why ag haulers are so in tune with their shipping partners. When farmers suffer from crop delays for any reason – trucking is affected.