Van and reefer load availability increased for the third consecutive time, for the week ending Aug. 15, but so did the availability of equipment, contributing to lower national average spot market rates for van, refrigerated and flatbed loads, according to DAT Solutions, which operates the DAT network of load boards.
Bussbygg, a truck-body maker based in Norway, says one of its customers is using two RFID-enabled refrigerated trailers in an ongoing trial, and finds that the technology shortens the delivery of goods by 30 minutes per stop, while preventing errors.
A little over one year after purchasing seven new Volvo compressed natural-gas tractors, Kane Is Able Inc., a national, third-party logistics company, has filed a lawsuit in U.S. District Court for the Middle District of Pennsylvania, asserting that Volvo breached its warranties in connection with one of the seven units, which caught fire on Interstate 81 in early January 2015.
UPS has entered into a definitive purchase agreement to acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company for $1.8bn from Warburg Pincus.
Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 0.3 percent in May when compared with April results.
The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025, according to a Navigant Research report.
FTR's Shippers Conditions Index (SCI) for May, at -3.1, reflects the current manageable capacity utilization, which is expected to remain in place through 2015. As a result of improved capacity and low fuel prices, shippers are getting a welcome respite from rate increases. This environment should be maintained throughout the year. However, conditions affecting shippers will deteriorate in 2016 as the pressure from expected new regulations will put a significant drag on capacity.
The Transportation Software market is a large and varied market. Most researchers understate the size of this market since they focus on a few big and well-defined companies. However, there are hundreds of software and content firms in the transportation market. And amazingly, more entrants all the time.
Use of transportation management systems has more than tripled in the last 10 years, according to a survey of 1000 transportation professionals by InMotion Global, provider of the AscendTMS.