Technavio analysts are forecasting positive growth for many segments of the global IT spending market by industry over the next four years as several related markets, including IT spending in railways, spending in airports and healthcare supply chain management, will likely witness an increase in revenues.
The total cost of ground transportation for Canadian shippers increased by 1.5 percent in March, as compared with February results, according to the most recent Canadian General Freight Index.
Shipping companies transporting coal, iron ore and other commodities are urgently seeking ways to conserve cash and withstand the worst market downturn on record as too many ships chase shrinking business.
Roadrunner Transportation Systems, Inc. has expanded its less-than-truckload (LTL) service to include expedited freight service to Los Angeles metro, Atlanta metro and Dallas metro from Chicago.
Spot truckload freight volume and available capacity both fell during the week ending May 21, according to DAT Solutions, which operates the DAT network of load boards. However, load-to-truck ratios increased and diesel prices have been rising sharply - an indication that spot rates may pick up soon.