The Daily Dash: TRATON to acquire Navistar; early earnings disappoint

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Volkswagen’s truck division TRATON has formally agreed to acquire Navistar. Plus, carriers remain firmly in charge when it comes to rates and the first truckload earnings are out and they are not as good as expected.

A marriage made in truck heaven

TRATON has formally agreed to acquire U.S. truck maker Navistar, concluding a nearly yearlong saga that was first rumored years ago.

Alan Adler has the...

https://s29755.pcdn.co/news/the-daily-dash-traton-to-acquire-navistar-early-earnings-disappoint

Chaos is the new norm (with video)

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 85 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

After a slight seasonal lull or breather between waves of restocking and imports, carriers have regained momentum...

https://www.freightwaves.com/news/chaos-is-the-new-norm

Trucking and the National Weather Service

Tractor-trailers heading down a highway, with lightning across a dark sky.

The National Weather Service (NWS), which turned 150 years old in 2020, is the backbone of forecasting in the U.S. To fulfill its mission “to protect life and property,” teams of meteorologists across the country issue an array of products every day, several times a day, that help people get ahead of the weather. These products also help businesses, like the trucking industry, save time and money.

A brief history

The precursor to the NWS dates back to 1849, when the Smithsonian Institution...

https://s29755.pcdn.co/news/trucking-and-the-national-weather-service

Transflo hopes acquisition of Microdea helps speed adoption of digital document flow

Transflo has acquired Markham, Ontario, Canada-based Microdea, a provider of document management workflow automation tools for the transport and logistics industries. Terms were not disclosed.

“We are extremely excited about joining forces with Microdea and adding its impressive product suite and client roster under the Transflo brand umbrella,” Frank Adelman, CEO of Transflo, said. “The transaction is a strategic step in growing our footprint in the key Canadian supply chain sector and will...

https://www.freightwaves.com/news/transflo-hopes-acquisition-of-microdea-helps-speed-adoption-of-digital-document-flow

Q4 begins with rates up 28% year-over-year

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 85 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

After a lull over the past couple weeks, the major indices we track all improved in favor of the carriers this...

https://s29755.pcdn.co/news/q4-begins-with-rates-up-28-year-over-year

Hub-Spoke Model Carrier Investment Not Working for Profitability

The pandemic has rattled global supply chains due to demand shocks caused by the lockdown. Its impact accelerated the impetus for companies who were in the midst of change to relocate their manufacturing sites and to switch modes from a just-in-time model (lean inventory) to a just-in-case model (higher inventory). For companies who were not already embarking on a transition, the crisis has caught many flat-footed because the rate of change in the external environment is moving faster than the...

https://mfame.guru/hub-spoke-model-carrier-investment-not-working-for-profitability/?amp;amp;

Welcome to the top; get comfortable

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

It may be time to call the top, but it also may be meaningless. Freight volumes may have peaked, but they will...

https://s29755.pcdn.co/news/welcome-to-the-top-get-comfortable

Carriers in auction mode; spot rates nearly $3/mile on national level

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Accepted freight tender volumes are accelerating on a year-over-year basis. While tender rejections decelerated...

https://s29755.pcdn.co/news/carriers-in-auction-mode-spot-rates-nearly-3-mile-on-national-level

Spot rates above $3/mile in 46 of 100 lanes

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Lingering distortions from the Labor Day holiday make weekly comparisons difficult. Accepted tenders up 15%...

https://s29755.pcdn.co/news/spot-rates-above-3mi-in-46-of-100-lanes