Shippers, will your Freight Bid Secure the Capacity you need to Move your Shipments?

b2ap3_thumbnail_dreamstime_l_191145597_20201112-203835_1.jpg

Shippers, will your Freight Bid Secure the Capacity you need to Move your Shipments?

4 years ago

Freight volumes are at record levels on many lanes this fall. Load rejections, freight embargoes and rate increases are now becoming the norm. Even driver shortages, which started to dwindle in the early stages of the pandemic, are once again a factor in securing capacity to move freight. Motor carriers have leverage as to the […]

Mini Bids can be a Key Tool in Finding Capacity this Fall

4 years ago

Shippers throughout North America are trying to cope with the tight freight capacity that has been driven by Covid-19, truck and driver shortages, freight embargoes and the surge in eCommerce activity. While many manufacturers and distributors conduct annual and bi-annual freight bids, this methodology is proving to be too static and rigid for shippers experiencing […]

b2ap3_thumbnail_dreamstime_xl_49902079_20190529-162845_1.jpg

Will Shippers and Carriers ever be able to Trust Each Other?

5 years ago

It is hard to believe that a decade has gone by since the Great Recession. Those of us in the Freight Transportation Industry at that time remember the sharp drop in business activity and freight volumes. This encouraged many shippers to conduct multiple freight bids during that period to use (abuse) their freight rate […]

The LTL Freight Industry in North America in 2018

6 years ago

The following is my annual report on the state of the LTL Freight Industry in the United States and Canada. Here are links to the top 100 carriers in Canada (https://www.todaystrucking.com/top-100-ranking-canadas-largest-hire-fleets/ ) and the top 25 LTL carriers in the United States (https://www.logisticsmgmt.com/article/the_top_25_trucking_and_less_than_truckload_ltl_companies_in_2017 ). The combined revenue of the 25 largest U.S. LTL trucking companies […]

The Freight Market is Hot and it is Going to get Hotter

7 years ago

North American freight markets are witnessing the strongest demand for transportation services in decades. Contract and spot freight rates continue to soar. The contract rate average revenue per mile rose 3.5 percent in 2017. Through the first two months of this year, contract truckload freight rates have jumped 15 percent per mile! “We’ve never seen […]

b2ap3_thumbnail_Stifel-2018-rate-increase-projections.jpg

Shipper-Carrier Collaboration is a Challenge in this Era of Tight Capacity

7 years ago

On October 11, my company co-hosted the 2017 Surface Transportation Summit with my partners at Newcom Business Media. I am very pleased to report that we had another packed house for what has become the premier educational and networking event in Freight Transportation in Canada. The day was again kicked off by one of […]

b2ap3_thumbnail_dreamstime_l_698409_20170128-220604_1.jpg

Two Keys to Maintaining Truck Capacity this Winter

7 years ago

We have been hearing about the possibility of a trucking capacity shortage for several years. While there have been sporadic shortages in specific geographic areas, for particular modes, the predicted massive shortage never materialized. This year may be different. Two major hurricanes caused major damage to homes and infrastructure in Texas, Florida and adjoining areas. […]

b2ap3_thumbnail_dreamstime_xl_49902079_20170829-134855_1.jpg

Shippers need to become more “Carrier Friendly” to Minimize Freight Rate Increases

7 years ago

As the long, slow recovery from the Great Recession continues, shippers and carriers have become used to modest economic growth. Demand for freight services has been steady but not robust. The muted demand for freight services has not put undo pressure on truck capacity; rate increases have been limited in recent years. This may be […]

Will Uber take control of the market for Freight Matching Services?

7 years ago

Freight matching services or “freight exchanges” have become one of the hottest topics in Freight Transportation over the past few years. Venture capital funds, private investors and others have poured at least $200 million — and potentially substantially more — into dozens of on-demand freight start-ups, including Flexport, Transfix, Loadsmart, Convoy, Doft, Cargo Chief, TugForce, […]

The Top Surface Transportation Stories of 2015

9 years ago

The past year started with some solid tailwinds as the economies of the United States and Canada appeared to be in a growth mode. Then a number of unexpected events took place that changed the trajectory of the year. Here is our synopsis of the major freight transportation stories of 2015. The Collapse in Energy […]