Fresh off a $20 million Series B funding round, last-mile delivery firm AxleHire has announced its expansion to the Chicagoland area. The expansion represents AxleHire’s 10th sortation center. In addition to Chicago, AxleHire currently operates and has sortation centers in…
Employment levels for the U.S operations of the Class I railroads in May were at their highest point in 2021 year to date, although overall headcount is still down year-over-year, according to data submitted to the Surface Transportation Board (STB).…
By: Matt Harding, Senior Vice President, Data Science, Transplace During a time of significant supply chain disruptions, logistics leaders rely on data to make informed business decisions. Advancements in AI and machine learning allow process automation and petabytes of information…
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When news first broke of the COVID lockdown in Wuhan, the initial prediction was: The virus will cripple the economy of China, which is the engine of global trade, and that will be terrible for the shipping business. Eighteen months…
This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics…
It’s complicated. This was a common answer among many transportation professionals asked about the legality of double brokering as part of a FreightWaves investigative series on a burgeoning double-brokering scheme. Brokers said that double brokering has been around since shippers…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trade experts take stock on USMCA’s first anniversary; more factories and jobs for Mexico; Quiet 3PF opens distribution center in Dallas;…
Chart of the Week: Outbound Tender Volume Index, Outbound Tender Reject Index, Inbound Tender Volume Index – Ontario SONAR: OTVI.ONT, OTRI.ONT, ITVI.ONT Southern California’s outbound tender volumes have risen by nearly 20% since the middle of May while inbound volumes are relatively…
Thousands of members of the Canada Border Services Agency are in the midst of voting on whether to authorize a strike — something that could roil the movement of billions of dollars of goods via its border with the U.S.,…
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