Top 5 ways to be a “shipper of choice”

April 16, 2018 Chad Prevost Becoming a “shipper of choice” is a decision. It doesn’t just happen. It’s also easier said than done. It takes strategic thinking and a commitment to professional consistency. For all intents and purposes, 2018 has become the year of the capacity crunch. Experts from all segments of the industry are feeling it—and seeing it in the data—and no one really expects it to let up any time soon. While the economic pendulum swings back and forth in terms of who benefits, right now the freight market favors carriers. There’s a lot at stake for shippers, […]

By |April 18th, 2018|Blog|0 Comments

The Top 25 Trucking and Less Than Truckload (LTL) Companies in 2017

The top trucking companies planning big investments and more strategic operations geared to serve shippers in a roaring freight environment—one that’s being driven by a booming economy and a tight labor market. By John D. Schulz · April 3, 2018 Freight markets come in highly predictable waves. Unfortunately for shippers, the wave they’re being hit with now contains a tsunami of higher rates, as truckers make up ground lost by the long slog back to normalcy following the Great Recession of 2008-2009. In fact, this current cycle might as well be called the roaring freight market of 2017-2018. Freight is […]

By |April 10th, 2018|Blog|0 Comments

More efforts needed to mitigate cargo losses

Loss expects at leading fleets say more thought needs to go into package design to ensure cargo is well protected during transit. Preventing loss is a top priority for any carrier or shipper, but the prevention of cargo claims really begins with the basics, and that is packaging, blocking and bracing. And according to panelists at the 44th annual Transportation & Logistics Council meeting in Charleston, SC, not enough is done at that level to mitigate losses. “I would suggest shippers test their packaging before testing it in the supply chain,” said Daniel Hill, director-SRV, cargo claims & prevention for […]

By |March 22nd, 2018|Blog|0 Comments

Rising Freight Rates

March 14, 2018 Ibrahiim Bayaan, chief economist, FreightWaves Producer price inflation remains modest, but not for trucking and LTL where rates continue to soar Data on producer prices show that there remains some building pressure for overall inflation in the economy. Earlier this morning, the Bureau of Labor Statistics reported that the producer price index (PPI) rose a modest 0.2% in February from January’s levels and is now 2.8% higher than at this point last year. This month’s increase was driven primarily by a gain in service prices, as the price for goods in the economy actually fell on aggregate […]

By |March 14th, 2018|Blog|0 Comments

The Perfect Storm

Clearly the pendulum of pricing power rests with the carriers this 2018.  New data indicates that 2018 LTL rate increases are pressing up towards double digits, especially with the ongoing difficulties that carriers are facing with capacity and driver shortages.  In the Full Truckload (FTL) arena experts are predicting record numbers for spot truckload rates for dry van, refrigerated and flatbed freight.  The national average spot van rate set a record in January, up 15 cents compared with December and 59 cents higher than January 2017.  The spot reefer rate, at $2.66/mile, was 71 cents higher compared with January 2017.  […]

By |March 8th, 2018|Blog|0 Comments

Global Liquid Fuels

Global liquid fuels North Sea Brent crude oil spot prices averaged $65 per barrel (b) in February, a decrease of $4/b from the January level and the first month-over-month average decrease since June 2017. EIA forecasts Brent spot prices will average about $62/b in both 2018 and 2019 compared with an average of $54/b in 2017. EIA expects West Texas Intermediate (WTI) crude oil prices to average $4/b lower than Brent prices in both 2018 and 2019. NYMEX WTI contract values for May 2018 delivery traded during the five-day period ending  March 1, 2018, suggest a range of $51/b to […]

By |March 6th, 2018|Blog|0 Comments

ELD Issues

The Owner-Operator Independent Drivers Association (OOIDA) has called on the U.S. House Committee on Transportation & Infrastructure to “urgently conduct” an oversight hearing on the implementation of the Federal Motor Carrier Safety Administration’s (FMCSA) electronic logging device (ELD) mandate. OOIDA Acting President and CEO Todd Spencer said last Wednesday in a letter to the committee on behalf of the trucking group that since the mandate kicked into gear, truckers have informed the group of the many problems they have experienced in relation to the devices, including several vendor-wide systems failures, faulty GPS tracking, inaccurate recording of duty statuses, engine disablements, […]

By |March 5th, 2018|Blog|0 Comments

International Holiday Schedule

Dear Valued Customers, The following is provided for your information: Holiday Schedule The following offices will be closed in celebration of their local holiday: Japan Vernal Equinox Day March 21 Hong Kong Good Friday March 30 Singapore Good Friday March 30 Australia Labour Day (Fremantle)Labour Day (Melbourne) March Public Holiday (Adelaide) Good Friday March 5March 12 March 12 March 30 Philippines Maundy ThursdayGood Friday March 29March 30 Please remember that certain offices are across the International Dateline. The dates above are their dates, not the actual U.S. date. Rate Changes The following rate changes apply to origin/destination, respectfully: RATE TYPE […]

By |March 1st, 2018|Blog|0 Comments

ELD’s / Drivers Coercion Complaints

The FMCSA’s Definition of Coercion: “Coercion occurs when a motor carrier, shipper, receiver, or transportation intermediary threatens to withhold work from, take employment action against, or punish a driver for refusing to operate in violation of certain provisions of the Federal Motor Carrier Safety Regulations (FMCSRs), Hazardous Materials Regulations (HMRs) and the Federal Motor Carrier Commercial Regulations (FMCCRs).  Coercion may be found to have taken place even if a violation has not occurred.  An example of coercion is when a motor carrier terminates a driver for refusing to accept a load that would require the driver to violate the hours […]

By |February 28th, 2018|Blog|0 Comments

Blocking and Bracing Announcement by the UPRR regarding leaning intermodal containers

To All: Please note that the UPRR has announced a non-negotiable accessorial charge for improper blocking and bracing practices. It is the shippers responsibility to thoroughly block and brace all intermodal shipments, regardless of the rail road it is traveling on. Any claim that originates due to insufficient blocking and bracing by the shipper will be immediately denied by all rail roads. The below notice pertains to orders that originate or finalize on the UPRR. Any load that moves cross country will be subject to this in the event the freight shifts and were to lean while on the UPRR. […]

By |February 20th, 2018|Blog|0 Comments