Firmer freight rates on tap for 2025, FTR says Carriers should be seeing “considerably more favorable conditions” by next spring, firm says. August 13, 2024 DC Velocity Staff No Comments Carriers should be seeing “considerably more favorable conditions” by next spring, firm says.Read More
Freight broker ArcBest joins TriumphPay financial network Move will enhance payment security in transportation and logistics, partners say. August 6, 2024 DC Velocity Staff No Comments Move will enhance payment security in transportation and logistics, partners say.Read More
Truck freight volumes and spending dropped again in Q2 Slide was at slower pace than recent quarters, but industry likely to see further capacity reductions, U.S. Bank says. August 1, 2024 DC Velocity Staff No Comments Slide was at slower pace than recent quarters, but industry likely to see further capacity reductions, U.S. Bank says.Read More
Schneider says intermodal deal with CPKC eases U.S.-Mexico freight surge Nearshoring trend demands expanded cross-border capabilities, transportation company says. July 25, 2024 DC Velocity Staff No Comments Nearshoring trend demands expanded cross-border capabilities, transportation company says.Read More
Report: freight market is “business as usual” this summer Arrive Logistics says market is in equilibrium, with trends following seasonal patterns. July 24, 2024 DC Velocity Staff No Comments Arrive Logistics says market is in equilibrium, with trends following seasonal patterns.Read More
UPS to buy Mexican express delivery firm Move will help businesses take advantage of the Mexican manufacturing boom, UPS says. July 22, 2024 DC Velocity Staff No Comments Move will help businesses take advantage of the Mexican manufacturing boom, UPS says.Read More
TCA names for-hire carrier as its first Mexican member Trucking trade group adds Olympic Transport as U.S.-Mexico freight volumes expand. July 22, 2024 Ben Ames No Comments Trucking trade group adds Olympic Transport as U.S.-Mexico freight volumes expand.Read More
FTR: Trucking is in the “initial stages of a recovery” Trucking Conditions Index jumped into positive territory in May thanks to lower fuel costs, but full rebound could take months. July 18, 2024 DC Velocity Staff No Comments
White House boosts electric vehicle manufacturing with $1.7 billion in grants Funding will retool or retrofit 11 motor vehicle manufacturing facilities across eight states. July 17, 2024 DC Velocity Staff No Comments Funding will retool or retrofit 11 motor vehicle manufacturing facilities across eight states.Read More
XPO expands Mexico LTL services Broader cross-border service will support trends of increased nearshoring and evolving supply chains, company says. July 17, 2024 DC Velocity Staff No Comments Broader cross-border service will support trends of increased nearshoring and evolving supply chains, company says.Read More