US truck shippers prep for higher 2019 spending
JOC, Aug 30
As the calendar turns to September, company executives are talking with their transportation managers about budgets for 2019 as trucking rates are expected to climb again but at a slower rate than this year. A little less than a year ago, J.B. Hunt Transport Services warned shippers about a 10 percent climb in transportation budgets in 2018. Their prediction turned out to be prescient in nature.
A broker by any other name
DC Velocity, Aug 30
The CEO and founder of digital startup Trucker Tools, Prasad Gollapalli, did not launch his company in 2009 with the mission to disintermediate traditional freight brokers. The Trucker Tools model was developed instead with a goal that some startups might today find counterintuitive: to help the broker.
US shippers can mitigate 2019 trucking rate increases
JOC, Aug 31
US truckload prices are expected to climb for a second consecutive year, but introspective transportation managers who maintain strong relationships with their carriers may not see per-mile rates rise as much when the calendar turns to 2019.
The On-Demand Supply Chain Market
Logistics Viewpoints, Sep 5
The on-demand supply chain market is experiencing significant interest and growth right now. Within the on-demand supply chain, I am specifically talking about the transportation and warehousing segments, where investment money is pouring in to digital freight matching apps, crowdsourced last miles deliveries, and on-demand warehousing. While these businesses are still in the early stages of development and growth, there is considerable interest as well as questions about the viability of long term success.
Hub Group Finds Buyer for Mode Transportation
Transport Topics, Sep 6
Less than a month after saying it would explore strategic alternatives for Mode Transportation, Hub Group found a buyer to pay more than $200 million for its agent-based multimodal freight brokerage business.
MIT offers fresh perspective on state of 3PL sector
Logistics Management, Sep 5
Technology will make individuals more efficient to the point where a third party that provides additional people might not be needed. When the 3PL Value Creation North America Summit 2018 convenes in Chicago this October, shippers will hear from a diverse group of industry experts on how to drive the best deals with their lead providers in both the global and domestic arenas.