Rail strike could push truckload rates to ‘levels we’ve never seen before’
A rail strike could lift spot truckload prices and support a market that’s been soft, sources said. But should a strike continue, expect congestion and higher costs.
A rail strike could lift spot truckload prices and support a market that’s been soft, sources said. But should a strike continue, expect congestion and higher costs.
Each year, Fleet Advantage—a provider of fleet management analytics and solutions—publishes their Truck Lifecycle Data Index (TLDI). Its 2018 TLDI was released at the start of the month, and FreightWaves spoke to John Sternal, Director of PR and social media for Merit Mile for Fleet Advantage to contextualize their findings.
Brokers continue to see more business and higher revenue, according to the latest data compiled by DAT.
Producer price inflation remained relatively modest in February, but trucking prices grew at the fastest pace since 2011
RoadLaunch, a startup based out of Ontario, Canada, has developed a solution that digitizes the available capacity of trucks and trailers to make the process of getting freight quotes and managing fleets a seamless process.