UPS and FedEx at risk: consumers choose affordable ground shipping to save money
While speed remains important in some cases, cost and sustainability have gained ground when it comes to deliveries. A new trend has started to gain momentum in the parcel delivery industry: more and more people are opting for slower delivery options to save money. As a result, major shipping companies like FedEx Corp. and UPS […]
Freight Fraud Awareness Day: a call to action for the transportation industry
A group of business leaders came together to organize and raise awareness about this issue in the transportation industry. Freight transportation fraud has been a persistent issue in the industry in recent years. During the holiday season, incidents of theft and fraud tend to increase, putting both cargo and drivers, as well as companies, at […]
Trends that will shape the future of the freight industry
Truckers and transporters need to consider several key aspects in their strategies and operations Trimble has released the report “The Road Ahead: Key Trends and Capabilities Shaping the North American Freight Transportation Market,” prepared by Transporeon. This document identifies the key trends that will influence the future of truck freight transportation in North America. Based […]
Combating advanced fraud in freight transportation: challenges and solutions
Fraudsters have adopted advanced tactics to perpetrate fraud in the industry In recent years, advancements in logistics technology have also led to a sophistication in fraudulent schemes, making fraud in the transportation of goods an all-too-familiar term in the transport and logistics sectors. As a result, the supply chain has faced significant uncertainty regarding responsibility […]
Evaluation of electric vehicles in freight transportation, opportunities and challenges
A study conducted by NACFE and RMI on the opportunities for electric vehicle adoption in the trucking industry A study conducted by the North American Council for Freight Efficiency (NACFE) and RMI last September evaluated the commercial performance of 22 battery electric vehicles ranging from Class 2b to Class 8 over a three-week period. These […]
North American trade trends and trucking dominance in cross-border commerce
In 2023, over $1.57 trillion worth of cargo was transported across the borders between Mexico, the U.S., and Canada The Bureau of Transportation Statistics (BTS) released on May 21st the dollar values and tonnage of goods that crossed the land borders of the United States with Canada and Mexico. According to these statistics, in 2023, […]
Challenges and uncertainties in the freight brokerage industry
The numbers and current state of the industry lead to the conclusion that the return of the full truckload market remains uncertain The downturn in the freight transportation sector continues to affect companies like Surge and Convoy, which have been forced to exit the business. With offer rejection rates around 4%, the first quarter of […]
Cross-border freight transportation and the supply chain
Cross-border transportation and the vital role of the supply chain in U.S. border cities. The continuous growth of cross-border truck freight transportation halted in December, with a slight decline in North American transportation. According to the Bureau of Transportation Statistics, in December, over $73 billion worth of goods were moved by truck across borders, marking […]
Turbulent waters of the 2024 freight transportation market
The year 2024 has begun with multiple challenges in the freight transportation industry. DAT Freight & Analytics reports that the road freight transportation market continues to show sluggishness, even in February. This trend is attributed to decreased demand and the ongoing reduction in fleet capacity. Contradictory signals are observed in the market, influenced by post-pandemic […]