Cargo

Old Dominion Freight Line Provides Update for Fourth Quarter 2023

Retrieved on: 
Tuesday, December 5, 2023

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2023.
  • Marty Freeman, President and Chief Executive Officer of Old Dominion, commented, “The decrease in our November revenue reflects continued softness in the domestic economy.
  • We undertake no obligation to publicly update any forward-looking statement to reflect developments occurring after the statement is made, except as otherwise required by law.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Flock Freight® Pens Open Letter to U.S. Department of Transportation Advocating for a More Efficient and Resilient Supply Chain

Retrieved on: 
Wednesday, November 29, 2023

The letter aligns with this week’s recommendations from the Biden administration and underscores Flock Freight's ongoing contributions to strengthening the supply chain, lowering costs for families, and helping Americans get the goods they need.

Key Points: 
  • The letter aligns with this week’s recommendations from the Biden administration and underscores Flock Freight's ongoing contributions to strengthening the supply chain, lowering costs for families, and helping Americans get the goods they need.
  • “Right now, one out of every two heavy duty trucks is running half empty.
  • Equating to roughly 25% of wasted space, that’s a market failure that’s terrible for businesses, carriers and the planet,” said Oren Zaslansky, Founder and CEO of Flock Freight.
  • Flock Freight’s unique shared truckload alternative to traditional shipping modes, FlockDirect® , actively addresses this issue by optimizing truck capacity through shared shipments, utilizing proprietary algorithms to efficiently fill trucks' empty spaces.

Global Express and Small Parcels Market Report: Market Size and Forecast Data for 2022, 2023 and out to 2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 27, 2023

The "Global Express and Small Parcels Market 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Express and Small Parcels Market 2023" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of the global express and parcels market, including market size and forecast data, market segmentation, volume and revenue data and forecasts, e-commerce growth, sustainability trends, survey results, competitive analysis & company profiles.
  • The Global Express & Small Parcels market remains highly competitive but challenging economic conditions continue to impact falling volumes and rising revenues.
  • Market size and forecast data for 2022, 2023 and out to 2027, split by region, country, domestic, international and B2B/B2C.

Breville Barista Express, Touch & Pro Black Friday & Cyber Monday (2023): Round-up of Latest Offers Researched by Save Bubble

Retrieved on: 
Friday, November 24, 2023

Here’s a summary of any Breville Barista Express, Touch & Pro Black Friday and Cyber Monday 2023 offers, including any available sales on the Barista Touch, the Barista Express Impress, and more coffee and espresso makers.

Key Points: 
  • Here’s a summary of any Breville Barista Express, Touch & Pro Black Friday and Cyber Monday 2023 offers, including any available sales on the Barista Touch, the Barista Express Impress, and more coffee and espresso makers.
  • Links to any identified offers found by the team are highlighted below.
  • Best Breville Barista Express Deals:

SEKO Logistics Promotes Mike Ligthart to Global Commercial Director for Government, Space & Defense

Retrieved on: 
Thursday, November 16, 2023

SEKO Logistics (SEKO), the leader in end-to-end global logistics, today announced the expanded role of Mike Ligthart as global commercial director for the company’s Government, Space & Defense vertical.

Key Points: 
  • SEKO Logistics (SEKO), the leader in end-to-end global logistics, today announced the expanded role of Mike Ligthart as global commercial director for the company’s Government, Space & Defense vertical.
  • In this new position, he will support the Government, Space & Defense global sales teams in growing its customer portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20231116011727/en/
    Mike Ligthart, Global Commercial Director for Government, Space & Defense, SEKO Logistics (Photo: Business Wire)
    Based in Rotterdam, Ligthart was previously the commercial lead in EMEA and supported the significant growth of Government, Space & Defense led by the SEKO Netherlands team.
  • Across the globe, the SEKO Government, Space & Defense team’s fast decision-making process provides innovative solutions that continue to redefine defense logistics.

UPS Supply Chain Symphony™ Platform: Harmonizing Supply Chains for Success

Retrieved on: 
Wednesday, November 15, 2023

UPS (NYSE: UPS) today introduced the UPS Supply Chain Symphony™ platform, a new tool that integrates various supply chain components, including shipping, warehousing, and inventory management, into a single platform.

Key Points: 
  • UPS (NYSE: UPS) today introduced the UPS Supply Chain Symphony™ platform, a new tool that integrates various supply chain components, including shipping, warehousing, and inventory management, into a single platform.
  • “UPS Supply Chain Symphony allows our customers to connect every aspect of their global supply chains to UPS’s intelligent logistics network,” said EVP and President of UPS International, Healthcare and Supply Chain Solutions Kate Gutmann.
  • “UPS Supply Chain Symphony delivers robust visibility across the UPS global portfolio of services so that our customers can view and orchestrate better outcomes,” stated Bill Seward, President of UPS Supply Chain Solutions.
  • To learn more about the UPS Supply Chain Symphony platform, please click here .

DAT Truckload Volume Index: Freight volumes rose in October

Retrieved on: 
Tuesday, November 14, 2023

Dry van and refrigerated (“reefer”) truckload volumes increased modestly in October ahead of the high-demand holiday freight season, but truckload rates remained sluggish, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Dry van and refrigerated (“reefer”) truckload volumes increased modestly in October ahead of the high-demand holiday freight season, but truckload rates remained sluggish, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.
  • The DAT Truckload Volume Index (TVI), an indicator of loads moved in a month, increased for van and reefer freight:
    “The van TVI was 2.3% higher compared to last October, the first year-over-year increase in a monthly TVI since September 2021,” said DAT Chief of Analytics Ken Adamo.
  • The DAT contract van rate decreased 2 cents to $2.57 per mile, the reefer rate fell 4 cents to $2.97 and the flatbed rate dropped 7 cents to $3.13.
  • That’s 15 cents a mile less than in October 2022, when the average spot rate was $2.43 and the contract rate was $3.06.

MyCarrier Ranks Among the FreightTech Top 25 for Second Year in a Row

Retrieved on: 
Tuesday, November 14, 2023

MyCarrier, a transformative shipping management platform, announced today that the company placed #11 on FreightWaves' prestigious FreightTech 25 list.

Key Points: 
  • MyCarrier, a transformative shipping management platform, announced today that the company placed #11 on FreightWaves' prestigious FreightTech 25 list.
  • The company, which partners with the industry’s largest LTL carriers to automate shipping, has experienced a 116% platform growth year over year.
  • MyCarrier’s cofounder and CEO, Michael Bookout commented on the recognition, saying, "We’re honored to once again be chosen as a FreightTech 25 winner.
  • We look forward to the future success of our partnership and congratulate the MyCarrier team on being selected for FreightTech 25."

Custard Companies Celebrate Success Through Expansion

Retrieved on: 
Monday, December 18, 2023

PEACHTREE CORNERS, Ga., Dec. 18, 2023 /PRNewswire/ -- Custard Companies would like to recognize the continued expansion of their Specialty Divisions, further increasing the already robust array of services offered to their client partners.

Key Points: 
  • PEACHTREE CORNERS, Ga., Dec. 18, 2023 /PRNewswire/ -- Custard Companies would like to recognize the continued expansion of their Specialty Divisions, further increasing the already robust array of services offered to their client partners.
  • Known as a premier nationwide transportation claim adjusting company, Custard remains focused on transportation claims, building on 61 years of partnership with many major freight carriers, trucking, and logistics companies.
  • Rick Linville, Chairman of Custard Companies, states "It's exciting to see how Riverwood has grown since opening its doors.
  • Additionally, with the recent acquisition of SIAdvisers, located in Toronto, Custard Companies is excited to enlarge their geographical footprint into the Canadian market.

JSAUX KICK-STARTS IT'S CHRISTMAS EVENT

Retrieved on: 
Wednesday, December 13, 2023

HONG KONG, Dec. 13, 2023 /PRNewswire/ -- Electronics manufacturer JSAUX is hosting a new special event to celebrate Christmas. Starting today, and until January 3rd, customers can get their hands on a wide variety of Steam Deck, ROG Ally and Legion Go accessories, iPhone 15 cases and docks and a bunch of cables and other gadgets for their everyday lives with discounts. Plus, JSAUX will debut a high-definition screen protector and anti-glare screen protector for the Legion Go.

Key Points: 
  • HONG KONG, Dec. 13, 2023 /PRNewswire/ -- Electronics manufacturer JSAUX is hosting a new special event to celebrate Christmas.
  • Plus, JSAUX will debut a high-definition screen protector and anti-glare screen protector for the Legion Go.
  • These are some of the hottest deals during the JSAUX Christmas sale.
  • Additionally, JSAUX $100 gift cards will have a 5% discount.