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He has leadership and P&L responsibility for XPO’s asset-light North American truck brokerage business and complementary brokered services of managed transportation, last mile logistics and global freight forwarding. The corporate headquarters will be in Charlotte, North Carolina. Key Takeaways: Why is XPO Spinning Off RXO.
Andy Bahr is the Founder and President of Bahr Transportation , a FTL brokerage focused primarily on serving the food & beverage industry, in refrigerated freight. He currently resides in Charlotte, NC with his yellow lab, Charlie. Key Takeaways: Cold Chain Basics.
She started up Corning’s optical fiber factory in the Charlotte, NC area, founded a popular kindergarten engineering design workshop based on a famous MIT course, and led the STEM coaching team serving 48 Easter Seals teachers across metro Atlanta. Does role playing work in freight? – EV startup bets big on Tesla Semi – WTT.
We’ve seen a big increase in van freight moving from Atlanta and Charlotte down into the state. As mentioned above, there’s been a big uptick in freight going into Florida from Atlanta and Charlotte , and rates on those lanes soared last week. Charlotte to Lakeland soared 42¢ to $3.32/mile
For example, your optimum East Coast distribution point might be Charlotte, NC but anywhere from Atlanta, GA to Roanoke, VA is equivalent in terms of cost and service time. Then the task is simply to find 3PLs that can support warehousing and freight in that area. The network study will give a zone of acceptability for a node.
Together, the ratio and rates offer strong evidence yet that the freight recession is over. The biggest spike was on the lane from Charlotte to Buffalo , which jumped up 44¢ to an average of $2.74/mile. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market.
But freight has mostly "normalized” on the spot market. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions.
Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Dallas rates also soared, as some freight was diverted to that busy freight hub. Buffalo to Charlotte lost 13¢ at $1.75
As people in the Carolinas try their best to return to their normal routines, the freight markets have settled back down into typical seasonal trends following Hurricane Florence. Unlike with Hurricanes Harvey and Irma, the impact from Florence on freight movements was mostly felt regionally. Atlanta to Charlott e fell 17¢ to $2.84/mile.
Seasonal harvests are winding down, but capacity is still tight for reefer freight. The weakest reefer lane was Lakeland, FL to Charlotte , down 30¢ to $1.19/mile, That’s led to higher reefer rates on the West Coast and in the Midwest. Florida rates continued to slide: Miami to Atlanta dropped 40¢ to $1.29/mile,
For example, urban planners in Charlotte, NC, have “designated a 60-acre, 50-square block area as a place for modern, urban redesign, dubbed the North Tryon Vision Plan. … It’s estimated that 25% of carbon dioxide emissions and 30-50% of other pollutants are caused by urban freight transported by diesel-powered trucks.”
A big increase in port volumes back in July led to more truckload demand last month, too, since much of that freight didn’t start moving on trucks until August and September. Freight disruptions have caused rates to skyrocket there in the past month. RISING LANES. Columbus to Allentown, PA , surged 50¢ to an average of $3.86/mile.
She was quickly able to identify that the Charlotte, NC, location had demurrage charges at 10 times the rate of other similar warehouse locations. . A new manager started looking closer into the details driving that 4% number, rather than just the total amount, which was millions of dollars annually.
Just look at all the dark red in this Hot States Map from last week: Volumes soared 52% out of Atlanta , a combination of emergency freight heading into Florida and pent-up demand from shipments that were delayed by Irma. Volumes also rose significantly in Charlotte. Buffalo to Charlotte climbed 34¢ to $2.44/mile.
Demand for trucks will likely increase in the coming weeks, with FEMA loads and emergency freight heading to the Florida Panhandle, Georgia and the Carolinas. How to find FEMA loads and trucks, and what to consider when handling emergency freight. Rates fell on 70 of the top 100 van lanes.
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often suffer from all kinds of severe weather during the first quarter, impacting freight movements. If freight needs protection from freezing, the shipper may need to change routing instructions. Large swaths of the U.S. This winter could be one of the coldest yet. Extreme cold can put trucking operations at risk.
Given that the study was funded by an Atlanta-based group, the results are hardly authoritative (for instance, a number of major cities, such as Boston, Charlotte, Denver, Philadelphia, Phoenix and Washington, are not included in the study), but they do offer an interesting view on the supply chain capabilities of seven major regions.
This new collaborative service leverages Con-way Truckload’s capabilities in Mexico through its CFI Logistica subsidiary, “where it has 10 offices, an extensive drayage network and 40 years of in-country experience, and Con-way Multimodal’s resources, systems and freight procurement expertise.”
It’s no secret that this has been a challenging year for ground freight. The first step to knowing you are making the right decisions with your freight is understanding the impact mode can make on cost, speed, and risk. Generally, a trailer mixed with freight from two or more customers, shippers, or consignees. The trucking.
It contains multiple freight rail systems, including those run by CSX and by Norfolk Southern Railway, and is also home to seaports in Wilmington and Morehead City as well as two inland ports. Quicker transportation times result in lower freight costs. Additionally, the state’s prime location enables companies to reach 70% of U.S.
Dear customers, Thank you for shipping freight with Freightera! New Freight Rates for Shipping Cross-Border Canada to USA. (1 New Freight Rates for Shipping Cross-Border USA to Canada. (1 New Freight Rates for Shipping Canada Domestic. (1 New Freight Rates for Shipping USA Domestic. (1 See examples below.
Charlotte News & Observer). Freight forwarder Kuehne + Nagel International’s second-quarter operating earnings fell 28.5% Amazon now expects to need twice as many workers at a North Carolina fulfillment center than earlier anticipated. Candy maker Hershey is building a 810,000-square-foot distribution center in Lebanon County, Pa.
It contains multiple freight rail systems and is also home to seaports in Wilmington and Morehead City as well as two inland ports. According to Governor Roy Cooper , “Our talented, educated workers are the foundation of our economic success.” The Port of Virginia in Norfolk is also accessible to much of Eastern North Carolina.
Big weather events like this usually affect the spot freight market in three stages. Before the storm , there’s urgency to move freight into the area or out of the way of the storm’s path. Some of those loads are already being tendered to freight brokers and 3PLs, who post them on DAT load boards.
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. Charlotte to Buffalo also rose 11¢ to $2.24/mi.
Contracts and investments will be needed to drive standard pricing, and to ensure access to freight and other equipment. Supply access will continue to be an issue and there need to be incentives to ensure that people are coming in to fill these roles is a major issue, and who will do these roles to support this supply chain.
Van freight was a little quiet last week, but a rebound should be underway now, to close the second quarter on a high note. Reefer freight volume should get a boost too, due to last-minute demand for fresh food, ahead of the July 4th weekend. Flatbed freight is also strongest in the Southeast. This week was no exception.
Freight volume increased slightly for vans on the spot market last week, but truckload capacity increased more, so the national average load-to-truck ratio edged down from 1.9 They had relatively few loads though, so check outbound freight before taking a load into those states. loads per truck on DAT Load Boards.
This would typically be a down time for freight, and while rates in July and August are lower than they were in June, they're still 25 to 30% higher than last year. Buffalo to Charlotte gained 27¢ to $2.56/mile. FALLING RATES Outbound rates were down quite a bit from Memphis , Dallas and Charlotte.
As many parts of the Southeast deal with flooding as a result of Hurricane Florence, the transportation industry is re-adjusting to recovery mode, as demand for emergency freight shipped to the area will increase in the coming days. Atlanta to Charlotte also jumped up 20¢ to $2.96/mile. FALLING PRICES.
A lot of the spot market freight volumes that were stalled in the aftermath of Hurricane Harvey have started to come back. Last week, Houston's van freight volumes rebounded to 88% of pre-storm levels. That put even more pressure on freight rates, accounting for 3¢ added to the national average for each trailer type.
Of the 13 major van freight markets tracked weekly in DAT Trendlines , only Memphis had an average outbound rate above $2.00/mile Dallas is the top destination for loads, but Texas is in a freight slump. MINNEAPOLIS: The Upper Midwest has been strong for van freight thanks to fall harvests. mile last week.
Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Buffalo to Charlotte added 20¢ to $1.88 RISING LANES. per mile.
That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. The backhaul lane from Philadelphia to Charlotte added 15¢ to $1.46/mile, mile, which could be a reaction to the conditions in Charlotte -- more on that below.
That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. The backhaul lane from Philadelphia to Charlotte added 15¢ to $1.46/mile, mile, which could be a reaction to the conditions in Charlotte -- more on that below.
Produce season is also kicking into high gear in many reefer markets, which affects dry van freight. Retail freight is also rebounding after a lull, which we can see in the higher rates on the lane from Memphis to Columbus , OH, and others that are heavily influenced by retail shipments. Charlotte to Buffalo up 17¢ to $2.94/mile.
Winter Storm Stella kept a lot of freight from moving early last week, which stalled volume in markets along the East Coast. First, there was a rush to move freight before the storm hit, and then highways were closed, so most freight couldn’t move at all. Houston is Hot for Vans. And it's not just vans.
That means a lot of freight delivery schedules are going to slip. Over the weekend, Winter Storm Diego blanketed Charlotte, Raleigh and many miles of highway in North Carolina, extending east to Tennessee and north to Virginia. Storms freeze freight flows. It’s snowing at the wrong time and in all the wrong places.
We expected the sizzling hot freight market to cool off a little, and it did. Van Freight Abounds, but Rates are Down. We did have a dip in load availability last week but there’s still a lot of freight out there for vans. Charlotte and Atlanta also lost traction.
DAT load boards provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions. Lakeland to Charlotte climbed 39¢ to $3.18/mile. HOT MARKETS.
Spring has sprung, bringing a long-awaited upward trend in freight volume.and RATES!! But seasonal freight is coming soon, and it should provide welcome relief for carriers after a quiet winter. Atlanta rates also slipped, although rates held up well in other regional hubs, including Memphis and Charlotte. Not yet, anyway.
Van freight availability rebounded 3% on the spot market last week , and truck posts increased 2%. Texas had less freight than usual, and a lot more trucks, especially in the Dallas area during the GATS Expo. Rates are derived from DAT RateView , and are based on actual rate agreements between freight brokers and carriers.
HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. Central Florida got a late-season boost, with rates from Lakeland to Charlotte up 47¢ to $2.29 and Ontario.
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