Strong December sees spot market truckload demand top capacity, says DAT

By LM Staff · January 18, 2018 Spot market demand in December was strong, finishing what DAT Solutions, a subsidiary of Roper Industries, called a “banner year” for 2017. December national averages for dry and reefer (refrigerated) van rates, respectively, saw 2017 highs, said DAT, and the national average flatbed rate was even with its […]

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Problem Solvers Caucus report takes deep dive to address U.S. infrastructure concerns

A report recently issued by the Problem Solvers Caucus platform, a bipartisan group in Congress comprised of around 40 members focused on working towards bi-partisan cooperation on key issues, focuses on bipartisan policy solutions with an eye on augmenting United States’ infrastructure. Entitled, “Rebuilding America’s Infrastructure,” the report comes at a time when the current status […]

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Maersk and IBM roll out blockchain-based joint venture with a global trade focus

With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global […]

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NextGen Supply Chain: We gonna rock down to Electric Avenue?

As vehicle manufacturers and investment firms continue to pour money into new vehicle technology that supports green initiatives, the transition to electric vehicles across all areas of transportation continues its rapid expansion. This push, combined with advancements in vehicle automation capabilities, proves once again that change is imminent and should no longer exist as an […]

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Diesel average heads up for fourth straight week, reports EIA

By LM Staff · January 17, 2018 The United States Department of Energy’s Energy Information Administration (EIA) reported this week that the average price per gallon of diesel gasoline headed up 3.2 cents to $3.028 per gallon. This marks the fourth straight week of gains, following increases of 2.3 cents, 7 cents, and 0.2 cents, […]

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project44 rolls out multimodal integration with MercuryGate TMS

Earlier today, Chicago-based project44, a technology services provider offering standardized, secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time, said it kicked off what it called an expanded integration into cloud-based transportation management systems (TMS) provider MercuryGate International Inc.’s TMS. One of the main benefits of this integration, […]

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Panjiva says U.S.-bound waterborne shipments see gains in December and for 2017

Data recently issued by global trade intelligence firm Panjiva highlighted a strong December and full-year 2017, over all, for United States-bound waterborne shipments. December shipments––at 965,917––were up 3.8% annually and down 2.0 percent compared to November’s 979,797. The busiest month of 2017 was August, which came in at 1,068,521 for an all-time record. December also […]

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Retail sales finish 2017 with momentum, says Commerce and NRF

Retail sales finished 2017 with strong momentum in December, according to data issued today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that December retail sales saw a 0.4% increase from November to December at $495.4 billion along with a 5.4% annual gain. And from October through December, […]

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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 […]

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U.S. Senate Committee on Environment and Public Works to hear from AAPA and port stakeholders

Speaking on behalf of the American Association of Port Authorities (AAPA), Port of Cleveland President and CEO William Friedman will testify tomorrow before the U.S. Senate Committee on Environment and Public Works (EPW) in a hearing titled America’s Water Infrastructure Needs and Challenges. Friedman’s testimony, which will focus on issues related to navigation infrastructure maintenance, rehabilitation and replacement, is to help committee […]

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Building the NextGen Supply Chain: Keeping pace with the digital economy

In today’s dynamic business environment, our old ways of managing logistics and supply chains are giving way to new strategies, practices and processes—all of which are designed to meet the requirements of our new digital economy. It’s an era where the Amazon effect is making “same day” almost seem too late, pushing customers to expect […]

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3PL strategic planning and alignment for future is key

Editor’s note: This article originally appeared in Supply Chain Management Review.  According to the consultancy Armstrong & Associates, global third-party logistics revenues are on track to exceed $962 billion in 2020. Analysts add that the complexity of logistics management intensifies at the same pace as the double-digit growth of e-commerce.  As a consequence, supply chain […]

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Diesel average heads up for third consecutive week, reports EIA

By LM Staff · January 9, 2018 The average price per gallon of diesel gasoline saw a 2.3 cent increase to $2.996 per gallon, according to data issued by the Department of Energy’s Energy Information Administration (EIA). This follows increases of 7 cents and 0.2 cents, respectively, over the previous two weeks, with the former […]

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Port Tracker report is bullish about 2017 U.S. retail container import growth

A solid holiday season and decent economic momentum, among other factors served as drivers for another strong month of import growth, according to the most recent edition of the Port Tracker report issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates. The ports surveyed in the report include: Los Angeles/Long Beach, […]

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