DAT Solutions Spot Summary Shows Truckload Volume Lower
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DAT Solutions Spot Summary Shows Truckload Volume Lower

The number of available loads on the spot truckload freight market rose 7 percent during the week ending July 16, well below the 20 percent expected following a holiday-shortened workweek, according to DAT Solutions, which operates the DAT network of load boards. Truck posts increased 37 percent and load-to-truck ratios dropped for all equipment types:...

July 23, 2016July 23, 2016by
Chinese logistics company plans IPO in USA
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Chinese logistics company plans IPO in USA

Experts reckon that ZTO Express, a Chinese logistics firm, has submitted a filing in New York seeking clearance for an initial public offering (IPO). The logistics provider aims to raise between USD1 billion and USD 2 billion. ZTO Express is a partner of China-based Cainiao Network logistic, an arm of the e-commerce giant Alibaba Group....

July 13, 2016July 13, 2016by
Baltic Index Rises on Higher Freight Rates
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Baltic Index Rises on Higher Freight Rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday on stronger rates across all vessel sizes. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 15 points, or 2.11 percent, at 726 points. The capesize index rose 23...

July 13, 2016July 13, 2016by
Price Trends 2016 : Pricing across the transportation modes
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Price Trends 2016 : Pricing across the transportation modes

TRUCKING Tailgating a 1.7% price jump in April, LTL trucking revved its engine with another 1.2% price increase in May. These were the first back-to-back monthly price hikes since November-December. More significantly, LTL prices now stand higher than same-month-year-ago levels. Reversing the 1.5% price decline set last year, LTL prices are fore¬cast to increase 1.5%...

July 11, 2016July 11, 2016by
UPS expands service In Taiwan
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UPS expands service In Taiwan

UPS announced service enhancements in central and southern areas of Changhua County, designed to help importers and exporters better connect to a global marketplace. “The rise in demand for the Internet of Things (IoT), smart devices and drones have significantly contributed to the US$335.2 billion semiconductor industry in 2015². As a major contributor to the...

July 11, 2016July 11, 2016by
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Trucking’s Investment in Safety Totals $9.5 Billion Each Year

The trucking industry invests at least $9.5 billion in safety annually according to a landmark report released Wednesday by American Trucking Associations. “We know that this industry prioritizes and invests in improving safety on our nation’s highways,” said Dave Osiecki, ATA’s executive vice president of National Advocacy. “With the results of this survey, we now...

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Pirates : new targets in new seas, threatening the Overseas Freight services

The Gulf of Guinea is understood to be the most dangerous region in the world for seafarers at present. The growth of piracy in that region has been considerable, according to Stuart Edmonston, head of loss prevention at UK P&I Club, who presented the case together with Hellenic War Risks and Terra Firma Risk Management....

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Full Report with Video : Is DHL’s Parcelcopter The Future of Logistics?

DHL, one of the pioneers in drone delivery services, invited private end-customers to test out the fully automated parcelcopter skyport. The Bavarian community of Reit im Winkl in Germany was the setting for the company’s three-month test at the beginning of this year of its third generation parcelcopter. A total of 130 autonomous loading and...

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Big step up for Austria’s logistics industry

A big jump up: Austria as a logistics location has risen from 22nd to 7th place in the World Bank’s recently published logistics performance index (LPI). A total of 160 countries were surveyed by the US-based financial institution. Upper Austria’s chamber of commerce calculated that the country’s logistics industry directly delivers around EUR 8.6 billion...