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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
KansasCity Southern agrees to US$30B CN Rail deal. BluJay Solutions is an integrated SaaS platform with solutions for shippers, LSPs, and Freight Forwarders, which includes transportation management, transportation execution, managed transportation services, and global trade management. The deal is valued at about $1.7
Dan is the Co-founder of Linkage Logistics and the Broker-Carrier Summit , which will be held in KansasCity, Missouri, April 22 – 24, 2024. Since then, he has worked as a freight broker, operations manager, and business development leader in multiple segments of the industry.
On August 13, the DOT announced that Ports in Oakland, Seattle and Tacoma have all been added to its Freight Logistics Optimization Works (FLOW) network, joining the Port of Los Angeles and the Port of Long Beach to round out the five largest West Coast shipping hubs. according to the Walmart Marketplace website. from May’s 2.24
Today, Candor is recognized as a leading certified women-owned business headquartered in Texas – with offices in Illinois and Kansas. Nicole navigated through a series of pivotal operational roles within major transportation brokerage companies, immersing herself in the intricate nuances of freight logistics—the essence of moving cargo.
billion to one-up rival’s bid for KansasCity Southern railway. A bidding war is heating up for KansasCity Southern’s north-south rail network through the North American industrial corridor, with Canadian National Inc. (CN) It will be on highway and surface streets, hauling actual freight. CN offers $33.7
Seasonal harvests are winding down, but capacity is still tight for reefer freight. Chicago to KansasCity also had a big increase at $3.48/mile, That’s led to higher reefer rates on the West Coast and in the Midwest. Reefer rates on the lane from Sacramento to Portland soared 70¢ to $3.42/mile.
New Transport Mode to Redefine Freight Movement. Google Express, the tech company’s fast delivery service, expands in KansasCity (KansasCity Star). July 2016 Freight Transportation Services Index (TSI). Baidu receives approval from California DMV to test self-driving cars (Reuters).
Since then, the Mexican railroad has become nationalized and has established partnerships with Union Pacific, CPKC (via KansasCity Southern), and others to move freight. Other Mexican railroad companies followed and pushed across the US border allowing Mexican workers to enter the US. I wear a number of hats these days.
Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. For example, KansasCity Southern has accepted trains from other lines that it usually wouldn’t have to accommodate. Delta reported a dip in air cargo freight last month compared to March of 2018.
Supply Chain Matters updates readers and multi-industry supply chain teams on the implications of today’s development of a nationwide Canadian rail freight transport disruption. At this point it is unclear if passenger rail services across Canada, which utilize freight routes for travel will also be impacted.
Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. based KansasCity Southern , pending full regulatory approvals which is expected sometime this year. Surface Transportation Board on the merger with KansasCity Southern. .
The country’s underdeveloped intermodal freight transportation system is consistently outperformed by its faster and better integrated U.S. The move may be risky, but the mega retailer’s play may also be indicative of an emerging trend in North American maritime freight. freight imports anytime soon.
The order calls for the Canada Industrial Relations Board , a termed independent body, to impose binding arbitration on both Canadian National (CN) and Canadian Pacific KansasCity (CPKC) and the Teamsters Canada Rail Conference. Both railways were ordered to resume operations while the arbitration process initiates.
LTL Freight Rates: from Major Cities in the USA and Canada to KansasCity, Missouri. See some of the examples of our freight rates (1 pallet, 48” by 48” by 48”, 500 lbs, class 100) , for shipments going from major cities in the USA and Canada to KansasCity, Missouri: From KansasCity MO to Granbury TX : $241.91
The Looming Great Allocation In conjunction with the Jackson Hole Symposium held last week and organized by The Federal Reserve Bank of KansasCity , a research paper titled: Global Supply Chains: The Looming “Great Reallocation ” was released.
Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. International freight being unloaded at Rickenbacker airport. a digital freight forwarder. population, so the slogan goes. Photographer: Megan Jelinger/Getty Images.
It also increases our market share with small businesses and significantly expands our presence in the KansasCity market. The acquisition brings a talented employee base and large customer portfolio to C.H. These benefits are just the beginning.
24 years ago today, I started a new job. I arrived at the office expecting to start a research project related to the semiconductor industry (where I had spent most of my career at that point, and what I had been hired to do). Instead, I was told that I would do a market study.
That means a lot of freight delivery schedules are going to slip. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions.
Freight brokers offered four days’ worth of loads for vans, and five days' worth of loads for reefers, but most truckers were not interested in working even the full four days. Expect rates to trend up a little more this week , as shippers accelerate freight movements to close the year on a high note.
Last month, I had the pleasure of talking to a group of owner-operators and aspiring small fleet owners in KansasCity as part of CMC Live. My suggestion is that most freight into Wisconsin comes from other points in the Midwest, so any load into the Midwest helps you meet your goal. Discuss the alternatives with your broker.
That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.
That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.
Thanksgiving is right around the corner, so trucks are still in high demand to move refrigerated freight. Just like with dry van freight , reefer capacity tightened in the first week of November, meaning that shippers and brokers had a harder time finding trucks to move those reefer loads. Chicago to Denver soared 27¢ to $3.17/mile.
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. Lack of freight volume is hurting spot market reefer prices.
Looking to move flatbed freight? DAT has the largest digital freight marketplace in the trucking industry, with more loads posted daily than any other load board. Rock Island to KansasCity also shot up 61¢ to $3.22/mile. Altogether, flatbed volumes have held steady following the uptick we saw at the end of January.
Rates are available in the DAT Power™ load board and in our standalone freight rates tool, DAT RateView™ HOUSTON: Rates on the Houston to Dallas lane are down when compared to March, but prices were trending up last week. Rates include fuel surcharges and are based on real transactions between carriers and brokers.
Hailing from the vibrant City of Fountains (KansasCity Metropolitan Area), he brings a wealth of experience and a knack for navigating the intricate landscape of #raas, #fulfillment, #contractlogistics, #logisticsservices, #supplychainstrategy, and #supplychainsolutions. Episode Sponsor: Greenscreens.ai The Greenscreens.ai
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. Oil-related freight movements from Houston are definitely in a lull.
The big news coming out of intermodal in March was the acquisition of KansasCity Southern by Canadian Pacific. March 2021 - Transportation Market Report. Barring approval from the STB (Surface Transportation Board), this will create a rail network that encompasses all of North America.
George Brett of the KansasCity Royals hit a home run in the ninth inning of a game to give his team a last inning lead against the New York Yankees. Ports worldwide have been congested and freight rates have climbed to records amid a shortage of pallets and containers.
Over the last six years, Class I freight railroads — which include BNSF Railway, CSX Transportation, KansasCity Southern Railway, Norfolk Southern and Union Pacific — have hemorrhaged a combined 45,000 workers, according to the Surface Transportation Board.
Mark Bogucki, our general manager in KansasCity, recently announced he would retire at the end of 2015. Other acted as agents for common carriers—they would find freight for common carriers, both regular and irregular, and then trip lease it to owner operators if the owning carrier did not have capacity. Since joining C.H.
Please note: The average price of rail / intermodal freight is about 40% less than shipping by truck, but you need to plan more in advance. Delivery: KansasCity, MO. Rail is budget- and planet-friendly with good planning. Ask us: 800 886 4870 Ext. Pickup: Seattle, WA. Delivery: Chicago, IL. Pickup: Portland, OR. 2,293 USD.
Rail freight networks operated by KansasCity Southern and Union Pacific in Texas, USA were heavily disrupted due to Hurricane Harvey, according to reports on Friday, August 25th. According to analysis by freight research firm FTR Transportation Intelligence , Hurricane Harvey will strongly effect over 7% of U.S.
If you have any questions about FTL, LTL, rail, or road freight shipping, give us a call at 800 886 4870 Ext. Please note: The average price of rail / intermodal freight is about 45% less than shipping by truck, but you need to plan more in advance, as rates change over time. From Portland, OR to KansasCity, MO – $2,049 USD.
Rail Regulator Approves Canadian Pacific Acquisition of KansasCity Southern Line Background In 2021, a bidding war regarding the proposed acquisition of KansasCity Southern Railway (KCS) involving both Canadian Pacific Railway (CP Rail) and Canadian National Railroad (CN) dominated surface transportation headlines.
Closer proximity—as compared to Asia—alone could reduce shipping times and inventory costs, as well as the greenhouse gas emissions from ocean and air freight, according to the three. The Mexico-US-Canada rail network envisioned in the pending merger of KansasCity Southern with Canadian National would help.
For example, the merger between KansasCity Southern and Canadian National railways—which if finalized will create a single freight rail network from southern Mexico through the U.S. Mexico Canada Agreement, which reformed and updated NAFTA, has been stimulating greater investment by U.S.
The trucking industry moves an estimated 70 percent of the nation’s freight tonnage every year, and over the next decade, ATA projects that trucks will need to move 2.4 billion more tons of freight than they do currently. billion of KansasCity Southern’s debt.
Freight services became 18% more expensive for dry truck delivery and 35% for refrigerated truck transporting. Operational Difficulties Unpredictable changes became a hard turn for companies with developed cross-border infrastructure, e.g., Canadian Pacific KansasCity with its rail network connecting the US, Canada, and Mexico.
In its first year in force, the US-Mexico-Canada Agreement (USMCA) has 1) helped to seal foreign investment deals in Mexico’s automotive sector, 2) led companies to build new logistics facilities on the border, and 3) added steam to the merger of KansasCity Southern and Canadian National railways.
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