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Think Tank
LTL/Truckload Services: Page 116
Freight Brokering Industry Flourishes as Bond Renewal Period Approaches
Thousands of brokers are currently in active search for the best freight broker bond renewal deal on the market. The reason for the shopping spree is that renewed freight broker bonds are an indispensable requirement to stay compliant and licensed for the new season.
Sales, Prices of Used Class 8 Trucks Continue to Rise
Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
Dow Chemical: A Supply Chain Under Constant Change
Noelle Walsh, corporation vice president of supply chain with The Dow Chemical Company, outlines the chemical industry giant's efforts to become more customer-focused, while synchronizing its supply chain upstream to suppliers, and downstream to customers.
You Source Product in China. But Do You Really Know Who's Making It?
Multi-tiered manufacturing supply chains can end up in some unexpected places - including prisons.
Cargomatic Launches Service in New York Metro Market
Cargomatic, provider of a technology platform that gives shippers access to available truck capacity, has launched in the New York City metropolitan market.
Beacon Funding Debuts Leasing Calculator App for iPhone
Beacon Funding Corp. has introduced an Equipment Leasing Calculator app for the iPhone.
Kuehne & Nagel Wraps Up Acquisition of ReTrans
The Kuehne & Nagel Group has completed its acquisition of 100 percent of the shares of ReTrans Inc., a U.S.-based provider of multimodal transportation services.
LogistiFlow Unveils Cloud-Based Program for Carrier Selection
LogistiFlow, provider of a system for allowing shippers to view quotes from selected carriers without having to contract with third-party logistics (3PL) providers, has introduced a cloud-based program for carrier selection.
Why Hands-Free Phones Aren't the Answer to Driver Safety
All those nifty new communications devices installed in modern-day vehicles promise to make commercial trucking more efficient than ever before. And more dangerous, too.
Rates Tumble as Spot Load Availability Rises
Van and reefer load availability increased for the third consecutive time, for the week ending Aug. 15, but so did the availability of equipment, contributing to lower national average spot market rates for van, refrigerated and flatbed loads, according to DAT Solutions, which operates the DAT network of load boards.
Norwegian Truck-Body Manufacturer Offers Trailers Equipped with RFID Technology
Bussbygg, a truck-body maker based in Norway, says one of its customers is using two RFID-enabled refrigerated trailers in an ongoing trial, and finds that the technology shortens the delivery of goods by 30 minutes per stop, while preventing errors.
Kane Is Able Sues Volvo Over Natural-Gas Tractor That Caught Fire
A little over one year after purchasing seven new Volvo compressed natural-gas tractors, Kane Is Able Inc., a national, third-party logistics company, has filed a lawsuit in U.S. District Court for the Middle District of Pennsylvania, asserting that Volvo breached its warranties in connection with one of the seven units, which caught fire on Interstate 81 in early January 2015.
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