Hurricane impact takes toll on FTR’s Shippers Conditions Index
For August, the most recent month for which data is available, the SCI fell to -6.7, a sharp decline from July’s -0.1 and June’s -0.7.
For August, the most recent month for which data is available, the SCI fell to -6.7, a sharp decline from July’s -0.1 and June’s -0.7.
As e-commerce fulfillment pressure continues to climb, our annual survey points to the many changes taking hold—from more investment in automated approaches to piece picking, more use of robotics, increased interest in throughput metrics and general process improvement.
This marks the highest weekly average price in more than two years, going back to the week of July 6, 2015, when it stood at $2.832 per gallon. And this continues a stretch of weekly gains on the heels of 1-cent and 0.4-cent gains the last two weeks.
Various events are creating the tightest TL market in at least four years—and our experts say that it’s going to get tighter and rates are going to go higher over the next year.
Class I railroad carriers CN and Norfolk Southern announced they have partnered up on a new joint interline service offering for carload traffic between Western Canada and NS’s Eastern-based U.S. destinations. CN and NS officials said that this endeavor will reduce transit times for these routes by one to two days.
The annual “3PL Value Creation Chicago Summit” staged by the consultancy, Armstrong & Associates, Inc., provided practitioners with fresh insights on how the industry will be shaping up in 2018.
DCLI Chassis Link, a Charlotte, NC-based provider of marine chassis and asset management services to the U.S. intermodal industry, said it has inked a definitive agreement to acquire TRAC Intermodal’s fleet of roughly 72,000 53-foot domestic chassis and related customer and hosting contracts with major Class I railroads and intermodal shipping companies throughout the United…
With a 4.6% annual gain to $97.4 million in August, this marks the 10th consecutive month of increases, with all five major transportation modes carrying more freight by value.
Having full visibility into key operations–whether for tracking shipments, managing on-time deliveries or having a consolidated view of financials–can be the difference between thriving and barely surviving.
Carloads eked out a 0.2% annual increase to 268,943, and intermodal again set a new all-time weekly record, up 5.6% to 291,046.