truckstop.com

Truckstop.com earns 2021 FreightTech 25 distinction

Truckstop.com placed 11th on the 2021 FreightTech 25 list — holding this rank for the second year in a row. The internet’s largest neutral freight marketplace didn’t skip a beat as the New Plymouth, Idaho-based company continued to innovate and serve its customers amid the COVID-19 pandemic.

In its third year, the FreightTech 100 awards recognize some of the most outstanding companies in logistics, including both startups and legacy companies.

Companies join the ranks of this distinguished list...

https://s29755.pcdn.co/news/truckstop-com-earns-2021-freighttech-25-distinction

Spot market carries momentum from Thanksgiving into December

Chart of the Week:  Truckstop.com 7-Day Average Van Rate Per Mile – USA, Van Outbound Tender Reject Index – USA SONAR: TSTOPVRPM.USA, VOTRI.USA

With truckload services going for a premium on the spot market since Labor Day, it has been difficult to discern where and when there has been opportunity to negotiate lower rates. Looking at the chart comparing Truckstop.com’s average van rate for its top 100 lanes and the national Outbound Tender Reject Index for van load requests, there has been a...

https://s29755.pcdn.co/news/spot-market-carries-momentum-from-thanksgiving-into-december

Career Tracks: Volga-Dnepr gears up for COVID-19 vaccine delivery

To ensure the efficient and safe transportation of COVID-19 vaccines, the Volga-Dnepr Group has strengthened its global health care team. 

Yulia Celetaria has been appointed health care director to lead the team. She began her professional career in 2005 with AirBridgeCargo Airlines. Volga-Dnepr said over the years Celetaria “has been able to upscale her knowledge, expertise and gain the right experience necessary to meet the 2020 logistics challenge of the whole pharmaceutical industry.”  

Russia...

https://www.freightwaves.com/news/career-tracks-volga-dnepr-gears-up-for-covid-19-vaccine-delivery

FreightWaves replaying FreightTech Venture Summit, LIVE @HOME

FreightWaves just completed its most recent LIVE @HOME annual event as well as a special venture capital summit. But we recognize that everyone is busy these days and doesn’t have the ability to sit and watch three days of content. Because of requests we received asking how to access all the great content from last week’s FreightTech Venture Summit and FreightWaves LIVE @HOME, FreightWaves will replay the two events again this week.

The three days of content will stream on live.freightwaves.com...

https://s29755.pcdn.co/news/freightwaves-replaying-freighttech-venture-summit-live-home

Best transportation companies for female employees named

The Women In Trucking Association (WIT) has released its 2020 list of the top transportation companies for females.

The annual Top Companies for Women to Work for in Transportation list was created by WIT magazine Redefining the Road in 2018 as part of its mission to promote the accomplishments of businesses focused on the employment of females in the trucking industry.

Companies making the list this year were listed alphabetically, beginning with AGT Global Logistics, founded and led by Angela...

https://s29755.pcdn.co/news/best-transportation-companies-for-female-employees-named

Are spot rates peaking before the peak?

Chart of the Week:  Freightos Baltic Daily Index – China to North America West Coast, Intermodal Spot Rates, Truckstop Dry Van Rate per Mile – USA SONAR: FBXD.CNAW, TSTOPVRPM.USA, INTRM.USA

Spot rates for shipping ocean containers, dry van truckload and intermodal containers are all hitting multiyear highs in almost pure synchronicity — an indication that shipping demand is strong across global supply chains.

The spot market may not be the largest volume of transactions in transportation, but it...

https://s29755.pcdn.co/news/are-spot-rates-peaking-before-the-peak

Intermodal rates go off the rails

Chart of the Week:  Intermodal Spot Rates – USA SONAR: INTRM.USA

The average national spot rate for intermodal shipments by rail have increased 58% since early June, or $0.79/mile. The normally rational intermodal market, a safe haven for many shippers, has succumbed to the pressure of the surging freight volumes arriving on the West Coast. What is more impressive than the absolute rate, which is the highest in five years, is the rate of increase. 

It has taken only three months for the U.S....

https://s29755.pcdn.co/news/intermodal-rates-go-off-the-rails

Tight trucking market may hamstring Laura recovery effort

Chart of the Week:  Truckstop.com 7-Day Van and Reefer Rate Per Mile – USA SONAR: TSTOPVRPM.USA, TSTOPRRPM.USA

In a year that has become the poster child for natural disaster, Hurricane Laura became the latest in a long line of internet meme-generating events that have characterized 2020. To make matters worse for the victims of the first major hurricane to make landfall in the U.S., the recovery efforts may be hindered by the tightest freight market in years. 

The average national rates for dry...

https://s29755.pcdn.co/news/tight-trucking-market-may-hamstring-laura-recovery-effort

Reports: FBI warns trucking of potential ELD hackers

The Federal Bureau of Investigation (FBI) has issued an advisory on cyber risks associated electronic logging devices (ELDs) after determining the devices “did little or nothing” to ensure against data breaches, according to media reports.

The advisory – a copy of which has been circulated among various media – follows best-practices advice from private industry warning on the potential security vulnerability of ELDs and other technology that has the potential to cause severe financial damage to...

https://s29755.pcdn.co/news/reports-fbi-warns-trucking-of-potential-eld-hackers

FreightWaves virtual 3PL Summit focus: efficiency and profitability

FreightWaves LIVE @Home, the industry’s premier virtual freight conference, was such a smashing success among attendees that we are doing it again – this time the focus will be on third-party logistics (3PL) providers.

The inaugural 3PL Summit virtual event will take place on July 21 live on computers and television screens through the FreightWaves TV network.

“COVID-19 has changed the landscape for industry events – virtual events have replaced in-person events. Duplicating that experience is...

https://s29755.pcdn.co/news/freightwaves-virtual-3pl-summit-focus-efficiency-and-profitability

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