Maersk’s acquisition of Pilot Freight Services is a done deal

Following a February 9 announcement in which it said it intended to acquire Glen Mills, Penn.-based 3PL, last-mile and full mile services provider Pilot Freight Services, from Pilot’s owners, New York-based private equity firm ATL Partners, and Canadian institutional investor British Columbia Investment Management Capital, Copenhagen, Denmark-based A.P. Moeller Maersk, an integrated container logistics services provider,… Continue reading Maersk’s acquisition of Pilot Freight Services is a done deal

Q1 U.S. Bank Freight Payment Index sees mixed results

The first quarter edition of the U.S. Bank Freight Payment Index pointed to modest annual gains for shipments and significant gains on the spending side. This report, which was initially launched in the third quarter of 2017, is comprised of data on freight shipping volumes and spend on both a national and regional basis. The… Continue reading Q1 U.S. Bank Freight Payment Index sees mixed results

Cowen/AFS Freight Index points to fuel-driven rate gains, for LTL and parcel, in Q2

By Jeff Berman, Group News Editor · April 20, 2022 The new edition of the Cowen/AFS Freight Index, which was recently released by New York-based investment firm Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, highlighted how rising fuel prices are having a significant impact on both parcel… Continue reading Cowen/AFS Freight Index points to fuel-driven rate gains, for LTL and parcel, in Q2

LM Podcast Series: Looking at the freight railroad market with Tony Hatch, ABH Consulting

Listen to this episode of the Logistics Management Podcast Series wherever you get your podcasts. A nationally-known freight railroad and intermodal expert, Hatch also examined the impact of the ongoing COVID-19 pandemic on the freight railroad and intermodal sectors, railroad policy issues, and service and operations, among other topics. Tony Hatch has nearly three decades of experience in the freight railroad and… Continue reading LM Podcast Series: Looking at the freight railroad market with Tony Hatch, ABH Consulting

Difficulty is Securing Trucks to Haul Freight is Changing the Face of Logistics

Michelle Sodomka, Senior Director at Open Sky Group TuSimple Holdings (NASDAQ: TSP)  – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024. Their CEO is projecting impressive profits following the debut of its 2024 driverless 18-wheelers in partnership with Navistar International… Continue reading Difficulty is Securing Trucks to Haul Freight is Changing the Face of Logistics

Freight transport prices increasing: CTAA

The Container Transport Alliance Australia (CTAA) says freight transport prices are increasing due to the Russia-Ukraine conflict and sanctions on Russian energy exports, which are causing fuel prices to rise. According to the Australian Institute of Petroleum (AIP), between February 13 and March 13 this year, the average Terminal Gate Price (TGP – wholesale pricing)… Continue reading Freight transport prices increasing: CTAA

Freight Transportation Services Index is up for fifth straight month, reports BTS

By LM Staff · March 11, 2022 The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) recently reported that its Freight Transportation Services Index (Freight TSI) saw a slight increase in January, the most recent month for which data is available. According to BTS officials, the Freight TSI measures the month-to-month changes in freight… Continue reading Freight Transportation Services Index is up for fifth straight month, reports BTS

LM Podcast Series: FTR’s Eric Starks examines the State of the Freight Economy

By Jeff Berman, Group News Editor · March 11, 2022 Listen to this episode of the Logistics Management Podcast Series wherever you get your podcasts. During this podcast, Eric Starks, Chairman & CEO of FTR Transportation Intelligence, addressed the state of the freight economy, including: capacity, rates, and demand. Other topics discussed over the course of the podcast included… Continue reading LM Podcast Series: FTR’s Eric Starks examines the State of the Freight Economy

Everysens joins Rail Freight Group

9th March 2022 Everysens has become a new member of Rail Freight Group (RFG), the representative body for rail freight in the UK. Members include rail freight operators, logistics companies, ports, equipment suppliers, property developers and support services, as well as retailers, construction companies and other customers. RFGs’ aim is to increase the volume of… Continue reading Everysens joins Rail Freight Group

World of Freight Summit, Vienna

7th March 2022 Experience WOF SUMMIT 2022Take part in the innovative logistics congress. Join us on 4 – 5 May in Vienna. After successfully organizing WOF EXPO 2021 in Bratislava, we introduce the first-ever WOF SUMMIT Vienna. Two thrilling days will include top-class speakers, panel discussions among leading experts, workshops with the applicable expertise and… Continue reading World of Freight Summit, Vienna