October’s Logistics Managers’ Index showed supply chain managers expect transportation rates to move significantly higher over the next year.
ACT Research and FTR Transportation Intelligence reported strong September Class 8 net orders as OEM order books open up for next year.
A recent ATA Driver Compensation Study shows median truckload driver salaries are up 10% in two years despite the poor freight market.
The August Logistics Managers’ Index showed transportation capacity increased notably while pricing growth slowed.
J.B. Hunt announced the completion of 50,000 autonomous long-haul trucking miles in a collaboration with autonomous trucking company Kodiak Robotics and Bridgestone Americas.
The July Logistics Managers’ Index points to a freight market recovery, a Tuesday report showed.
The June Logistics Managers’ Index captures no growth in transportation capacity for the first time since March 2022.
Supply chain managers indicated higher transportation pricing in May but also noted that capacity continues to grow.
CVSA International Roadcheck is Tuesday through Thursday. Its focus is on tractor protection systems in addition to alcohol and controlled substance possession.
A monthly supply chain survey shows a reversal in transportation metrics during April but points to improvement on the horizon.
Motive, a telematics, technology and fleet management platform, announced new AI-powered products and telematics hardware at the inaugural Vision 24 Motive Innovation Summit.
Transportation prices grew for a second straight month in February, according to the Logistics Managers’ Index, but couldn’t keep pace with capacity.
Werner recorded a Q4 earnings miss as low rates, excess capacity and lower truckload demand weigh down its one-way truckload business. Dedicated remained a bright spot with management looking to grow in the coming months.
In December, a federal appeals court ruled that company team drivers’ time spent in sleeper berths after eight hours can be compensated under the Fair Labor Standards Act. The case involved a former CRST trainee who sued CRST in 2016 alleging that the team-based driver training program violated the FLSA based on the carrier’s compensation policy.
The Federal Motor Carrier Safety Administration on Monday published a notice in the Federal Register that the state of Florida is seeking an exemption to the CDL testing regulation pertaining to skills testing.
Weak transportation metrics were noted in a monthly survey of supply chain executives.
Media outlet TMZ reported that singer-songwriter Taylor Swift gave each truck driver who worked as part of her Eras Tour a bonus check of $100,000 before her Santa Clara, California, show last Saturday.
Transportation prices fell sharply again in July, but the rate of decline is slowing.
The freight recession’s impact on small fleets and owner-operators gained mainstream media attention on Monday with an article by Shannon Pettypiece, a senior policy reporter for NBC News. The article related the story of Arnesha Barron, a 39-year-old driver who in 2021 became an owner-operator after working at a trucking company for six years.
The Logistics Managers’ Index registered another all-time low in June as inventories throughout the supply chain continued to contract.
At the recent UBS Global Industrial and Transportation Conference, Heartland CEO Mike Gerdin and Vice President of Finance Josh Helmich highlighted freight market weakness and outlined the retention impact of their driver minimum pay program.
The Logistics Managers’ Index hit a new low in April as transportation metrics weighed on the data set.
El Índice de Gestores Logísticos registra la caída de precios más rápida en 6,5 años
Transportation rates fell at the fastest-ever pace recorded in February, according to a monthly supply chain survey.
FreightWaves’ Noi Mahoney reports that, according to CargoNet data, a surge in cargo thefts near the end of 2022 led to an estimated $223 million in goods being stolen across Canada and the U.S.
A monthly survey of supply chain executives released Tuesday revealed signals that transportation markets could be poised for a recovery.
Persistently higher inventory levels are causing a drag on truckload tender volumes as 2023 begins. 2019 and 2018 SONAR data indicates we may approach levels of pre-pandemic seasonality, but higher truckload capacity will continue to negatively impact rates until enough truckload supply leaves the market.
El Índice de Gestores Logísticos, que cumple 6 años, registra la “mayor tasa de contracción” de la historia
Transportation prices fell at the fastest pace on record, according to the December Logistics Managers’ Index.
El LMI general registra el segundo nivel más bajo de los últimos 6 años
The November Logistics Managers’ Index showed transportation capacity was up again with pricing contracting at the fastest rate on record.
Atoke, a town of 3,000 people nestled in the Choctaw reservation in southeast Oklahoma, used to be home to herds of buffalo and bison (there is in fact a difference). Now this reservation, a hidden 11,000-square-mile parcel of land, has become one of the largest drone delivery testing sites in the world, according to FreightWaves’ Jack Daleo.
La preocupación por la temporada alta aumenta a medida que las condiciones se deterioran a lo largo del mes
Supply chain data released Tuesday showed further loosening in transportation capacity while warehousing metrics tightened further.
Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.
El Índice de Gestores Logísticos muestra que las tarifas se contraen por primera vez en 2 años
El índice de gestores logísticos cae a su nivel más bajo en dos años
A supply chain survey released Tuesday showed market fundamentals continued to cool during June.
Capacity increased again in May, according to the Logistics Managers’ Index. However, the transportation market stabilized in the back half of the month.
El Índice de Gerentes de Logística muestra que las métricas de la cadena de suministro retroceden desde los máximos recientes
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.
Bottlenecks and a lack of transportation capacity led many retailers to order extra merchandise in the fall. Inventories are now piling up at points along the supply chain for some companies because they still can’t find the transportation to move the goods, a supply chain survey finds.
December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.
In this issue: AI Fleet raises $21 million; the American Transportation Research Institute ranks trucking concerns; and the Logistics Managers’ Index is expanded. Trucking in disruption: AI Fleet raises $21 […]
Growth throughout the supply chain accelerated in November with costs reaching all-time highs, according to the Logistics Managers’ Index.
An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.
Transportation capacity continues to contract at a record pace with rates climbing to historical levels, according to the September Logistics Managers’ Index.
Growth rates throughout the supply chain cooled in May from recent record highs. However, the latest reading on transportation capacity stepped lower again.
Growth in the supply chain came at a faster pace in February, with transportation capacity falling and prices climbing at accelerated rates.
The January Logistics Managers’ Index moves higher as more firms take on inventory and delays throughout the supply chain further deplete transportation and warehouse capacity.
While the pace of growth in the supply chain cooled during December, transportation and warehouse capacity remains tight and prices are high.
A November supply chain survey shows the rates at which transportation capacity is shrinking and pricing is climbing are increasing.
A survey of supply chain executives shows transportation capacity declines at a slower pace in October. The logistics industry continues to experience “rapid” growth.
Transportation capacity has dropped to new lows and the precipitous rate at which pricing is increasing is expected to continue for at least the next 12 months, according to a September supply chain survey.
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
Anthony and Zach discuss the hours of service exemption, consumer prices, and other recent macroeconomic releases. Dr. Zac Rogers makes an appearance to review the latest LMI findings and the direction of the logistics industry.
Digging into some of the most recent LMI components.
The October Logistics Managers’ Index hits record low, suggesting peak shipping season may disappoint.
The Logistics Managers’ Index (LMI) remained level in September. Trends in the capacity index were in-line with truckload capacity coming out of the market. However, inventory build ahead of peak season appears to be light.
What is the Logistics Managers Index and why should you care? Anthony Smith explains:
