Weekly discussion and analysis on the trends in the intermodal spot rate market. The InTek intermodal spot rate index increased 0.8% from the prior week.
We talk with shippers daily about LTL, truckload and truckload brokerage potential service solutions. And this should be expected with over 50% of the freight spend in the US is with these two modes of service.
We talk with hundreds of shippers about truckload and truckload brokerage options every year in sales calls, blog discussions, social media and through our participation on leading industry panels sponsored by the TIA (Transportation Intermediaries Association).
Domestic 53' intermodal continues to outpace the freight industry in growth because of its benefits are numerous, yet many shippers still sit on the sidelines.
We talk with hundreds of shippers about their truckload capacity requirements. In some cases, we provide guidance in modal conversion from truckload to intermodal, but many times truckload is the best fit for their lane, service and their freight characteristics.
Managed transportation services continue to be the #1 topic we talk with shippers about as they look to optimize their supply chain performance against the challenging backdrop of rising freight rates, tight truck capacity, along with changing and more challenging customer requirements.
Let’s face it, less-than-truckload (LTL) can be one of the hardest freight modes to get “right.”
Freight pricing is the number one topic discussed, whether a buyer, seller or freight market analyst. As we shared in the comprehensive article entitled Freight Costs: An Insider’s Look on Freight Pricing Buyers Should Know there are numerous factors that drive a freight rate either up or down.
What's the Difference in a Consignor and Consignee when Shipping Freight? Every freight transaction involves two parties: consignor and consignee. The terms consignor and consignee are often flipped in people’s minds, so why doesn’t the freight industry not just use shipper and receiver. We’ll get back to that question shortly, but let’s start with the definitions of both.
Intermodal transportation continues to be a somewhat misunderstood freight mode. Unfortunately, this causes some shippers to not incorporate intermodal into their freight and logistics strategy.