Industry News Archives - Page 17 of 17 - Red Arrow Logistics Transportation and Freight Forwarding

Category: Industry News

Industry News, International, Shipping

Hurricanes Cause Spot Rate Hike, Capacity Crunch

  • September 29, 2017
2017’s punishing (and still unfinished) hurricane season is tightening freight capacity and driving up spot rates throughout the US, altering the shipping landscape in ways that are likely to last as long as the massive rebuilding effort from Harvey and Irma. The far-ranging impact of the storms, combined with the looming ELD mandate and high […]
Industry News, Shipping

Wal-Mart’s “On-Time, In-Full” Program Punishes Late/Early Shippers

  • August 4, 2017
Wal-Mart is launching its “On-Time, In-Full” (OTIF) initiative this month, putting the squeeze on shippers and truckers and likely starting an industry-wide push towards tighter delivery windows. OTIF demands that truckload deliveries arrive with 100 percent of the promised cargo, and be delivered on the “must-arrive-by” date 75 percent of the time (95 percent by […]
Industry News, Trucking

In Search of Stability, Trucking Moves to Dedicated

  • July 28, 2017
Dedicated trucking’s popularity is on the rise, as both shippers and carriers embrace it as a way to guarantee capacity and escape the volatility that has engulfed the industry as a whole. According to A.C. Kearney’s 2017 State of Logistics Report (subtitled “Accelerating into Uncertainty”), spending on dedicated and private fleets has risen 0.7 percent […]
Industry News

No Vacancy. Soaring Costs for US Warehouses

  • July 21, 2017
The unprecedented scarcity of US warehouse and distribution space is driving prices up and forcing shippers to develop innovative solutions. According to JOC, warehouse rental prices have risen 10% over last year in coastal markets (New York-New Jersey, Long Beach, and Los Angeles) with rates in smaller markets following close behind. Warehouse space is all […]
Industry News, Trucking

America’s Driver Shortage

  • May 12, 2017
The American trucking industry is in a period of upheaval, contending with a rising wave of consolidation, the impending ELD mandate, and the promise of driver automation on the horizon. In addition to these new issues, trucking is also facing a perennial problem: a serious driver shortage. The American Trucking Association estimates that at present, […]
Industry News, Trucking

Knight-Swift Kicks Off Wave of Trucking Mergers

  • May 5, 2017
Earlier last month, Phoenix-based trucking firms Knight Transportation and Swift Transportation caught the industry by surprise when they announced their merger, which will make them one of the largest trucking companies in North America. The merger has been hailed as a positive move for both companies, but some observers see it as a herald of […]
Industry News, Trucking

Will ELDs Hurt or Help Trucking?

  • April 28, 2017
The trucking industry is preparing to adjust to the federal Electronic Logging Device (ELD) mandate, which is set to take effect in December 2017. The controversial rule requires nearly all truckers to install an ELD to log their hours of service (HOS)and replace the paper logs that have been in use for decades. An ELD […]
Industry News

Who Will Pay for America’s Infrastructure?

  • April 20, 2017
In recent years, the phrase “bipartisan consensus” has become something of a contradiction in terms, but one of the few points on which Republicans and Democrats can still agree is the urgent need to shore up America’s infrastructure, which is most often described as “crumbling.” Last year, the American Society of Civil Engineers gave American […]