The procurement and logistics team at Niagara Bottling like to say they are a manufacturing and transportation company that happens to make bottled water. Over the next year (and well beyond), the Niagara logistics team is focused on aligning their supply chains to create efficient, waste-reducing and collaborative operations and partnerships. “Collaboration is the key […]
Fueled by e-commerce shipments, the freight market has shaken off any lull as national tender volumes have recovered to pre-Thanksgiving levels. This is having a significant impact on dry van rates and capacity nationwide and is resulting in market imbalance. DAT is reporting load posts rose 54% last week while truck posts only increased by […]
The last week in the freight market has been a whirlwind. There has been a spike in volume, a holiday dip, a capacity dip, a post-holiday hangover (volume + capacity dip) and — finally — a period of stabilization. Retail sales were strong on the official kickoff of holiday shopping season, even setting a record […]
Shippers across the country are overpaying on freight because they don’t have access to the right information about the market and lanes they run. Shippers recognize the need to fill this gap: According to Capgemini Consulting, 93% of shippers say that improved, data-driven decision making will be crucial to their supply chain success. At Convoy, […]
Thanks to all who attended FreightWaves’ November Market Trends Webinar, sponsored by Convoy. Despite tariffs and the rising dollar, November started slow for freight and has started to pick up volume ahead of the holiday season. Capacity continues to slowly increase. To help you prepare for the holiday season, we’ll recap what’s going on with […]
Many veterans have found a career in freight. To those of you who have served in the U.S. Military and to everyone who has served around the world, thank you. Happy Veterans Day. Nearly 40 percent of owner-operators have served in the military, according to the The Owner-Operator Independent Drivers Association (OOIDA). We sat down with […]
The trucking capacity crunch, driver shortage, and electronic logging device (ELD) mandate are working together to create a carrier’s market right now. In a world where carriers can be more selective about who they work with and the business they take on, shippers need to find ways to make their facilities stand out (for good […]
Thanks to all who attended FreightWaves’ October Monthly webinar sponsored by Convoy. Overall, October was a slow month for freight. The market is starting to come down from recent peaks, slowing demand, while capacity is steadily increasing. Hurricane season came and went with much less impact on the US logistics network than in years past. […]
According to research from American Transportation Research Institute, drivers are driving empty 20.7% of the time. One of trucking’s dirty secrets is that poor appointment setting is a leading source of wasted time and empty miles. Even if a driver is able to find a shipment on the right route, the timing frequently doesn’t work […]
In September Convoy surveyed more than 650 small and mid-sized trucking companies across the country in order to collect a snapshot of the trucking industry and how it impacts shippers. Survey participants include dispatchers and owner-operators. All the results are self-reported by the participants. Survey highlights: On average, 88% of dispatchers and owner operators use […]