BTS reports a new record reading for Freight TSI

By LM Staff · January 12, 2018 The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased in November for the second month in a row, following two months of sequential declines. According to BTS officials, the Freight TSI measures the month-to-month changes in freight […]

Continue Reading

2018 Rate Outlook: Economic Expansion, Pushing

The best global growth rate in seven years—3.2% in 2017—is based on firm foundations, contend leading economists. They add that, barring a significant shock, this current expansion has plenty of “staying power” and should continue to push rates up and keep capacity constrained around the globe. According to Nariman Behravesh, chief economist at IHS Markit, […]

Continue Reading

2018 Outlook: Rates up, capacity tight—time to get smarter

The 2018 edition marks the 8th year that executive editor Patrick Burnson has been our master of ceremonies for both of these offerings. Yet again, Burnson has neatly summarized our panel’s forecasts and will moderate a more detailed discussion with these keen minds in our “2018 Rate Outlook” Webcast on Thursday, Jan. 25, in what is—by […]

Continue Reading

Harsh weather adds different strategies to motor carriers’ playbooks

With winter weather conditions harsh and another big storm hitting today in various pockets of the Northeastern  and Mid-Atlantic United States, myriad motor carriers are gearing up for the most recent batch of bad weather. While the year may be new, it stands to reason that approaches to handling freight and keeping operations on schedule […]

Continue Reading

Report states that Home Depot expressed interest in acquiring XPO Logistics

Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO. While neither company […]

Continue Reading

BTS reports a new all-time high for Freight Transportation Services Index

By LM Staff · December 15, 2017 The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 0.6% from September to October, following two months of sequential declines. According to BTS officials, the Freight TSI measures the month-to-month changes in freight shipments in ton-miles, […]

Continue Reading

Transportation equipment financing to remain an attractive option for truckers

By Patrick Burnson, Executive Editor · December 14, 2017 2017 was a strong year for the equipment finance industry. According to a recent study conducted by the Equipment Leasing and Finance Association, it marked the seventh consecutive year that businesses increased their spending on leases, loans and lines of credit for equipment investment.  Anthony Sasso, […]

Continue Reading

The Top Logistics News Stories of 2017

The Logistics Management editors have hand picked the most influential news stories impacting the Logistics and Supply Chain markets in 2017. Read about the impact of some of the biggest developments in the market all in one place. From details about the Food Modernization Act, mergers and aquisitions, and new trucking regulations, these events have […]

Continue Reading

Freight shipment and expenditure gains continue in October, says Cass Freight Index report

A solid dose of economic momentum in recent months resulted in a strong October for freight shipments and expenditures according to the most recent edition of the Cass Freight Index Report from Cass Information Systems, which was released this week. Many freight transportation and logistics executives and analysts consider the Cass Freight Index to be […]

Continue Reading