Tag: freight pricing

Truckers Looking to Haul in More Profits | WSJ

Truckers Looking to Haul in More Profits | WSJ

Trucking companies are hoping to turn the most robust freight market in a generation into stronger long-term financial footing. Carriers are raising rates and investing in new equipment as a monthslong rally in transportation demand gives them the upper hand in setting prices with shippers. Analysts expect strong results across the sector over the next […]

CSX profit tops Wall St target on cost cuts, pricing power | Reuters

CSX profit tops Wall St target on cost cuts, pricing power | Reuters

(Reuters) – CSX Corp (CSX.O) on Tuesday posted quarterly profit that topped Wall Street’s target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and rising prices for carrying freight. CSX shares gained 3.2 percent to $66.50 in extended trading after the company also raised its 2018 revenue forecast, citing strength […]

Will surging freight rates herald the return of the inflation boogieman? | DC Velocity

Will surging freight rates herald the return of the inflation boogieman? | DC Velocity

In his comments, Broughton said he doesn’t see overall demand slacking off any time soon. Resurgent oil prices have sparked a renewed boom in the industrial economy, just as the collapse in the energy complex in 2014 led to the industrial recovery’s end. More tellingly, and somewhat counter to expectations, since they had been written […]

Pricing picture for truckload and intermodal remains positive, says Cass and Broughton Capital | Logistics Management

Pricing picture for truckload and intermodal remains positive, says Cass and Broughton Capital | Logistics Management

“Pricing for trucking is growing ever stronger and ‘gaining momentum’ continues to be an understatement,” wrote Broughton Capital Managing Director Donald Broughton in the report. “After signaling an industrial recession in the U.S. and being negative for 13 months in a row (from March 2016 through March 2017), the Cass TL linehaul index has not […]

‘15% freight hike can escalate essential commodities’ prices’ | Times of India

‘15% freight hike can escalate essential commodities’ prices’ | Times of India

Bal Malkit Singh of All-India Motor Transport Congress said, “The increase in freight charges will escalate transportation costs of traders, which will impact the final price of products. The common man will have to bear the brunt and costs.” … Ashok Goyal of Bombay Goods Transport Association said during the March-May quarter, most drivers go […]

Why Airfreight Traffic Is Up: Dog Food and Semiconductors Are Vying for Space | WSJ

Why Airfreight Traffic Is Up: Dog Food and Semiconductors Are Vying for Space | WSJ

Companies are shipping more items by plane to meet customers’ rising expectations for rapid delivery, prompting a scramble for cargo space that has sent airfreight rates soaring and pushed Amazon.com Inc. and others into the airline business. Global airfreight traffic climbed almost 9% year-over-year in November, the start of the peak shipping season, and rates […]

Commentary: Adventures in big data wonderland – Don’t get lost in the rabbit hole | American Shipper

Commentary: Adventures in big data wonderland – Don’t get lost in the rabbit hole | American Shipper

Chasing the elusive white rabbit. Today, 3PLs and brokers are stuck in a cycle of chasing loads, agreeing to fixed-price contracts with shippers, and getting burned when capacity tightens and rates rise. Margin compression is a daily concern, and the key to a failsafe pricing strategy remains just out of reach. In addition to pricing […]

Ocean Pricing: The tide is turning | Logistics Management

Ocean Pricing: The tide is turning | Logistics Management

Further, C.H. Robinson estimates that about two million TEUs will be added during the 2016 and 2017 operating years, while about 600,000 TEUs will be scrapped. The net increase would seem to suggest a continued soft market, however industry consolidation means tighter price control. A good example has been the parcel carriers and railroads, which […]

4 Tips to Minimize the Impact of Shipping Surge Pricing | TotalRetail

4 Tips to Minimize the Impact of Shipping Surge Pricing | TotalRetail

Shipping costs continue to be the No. 1 reason for cart abandonment, and this new “surge charge” won’t help. There are steps you can take to minimize the impact of this new surge pricing and help you sleep at night: 1. Realize the everything in your agreement is negotiable. Standard carrier response will tell you […]

Truckload Rates Continue Struggling, Intermodal Pricing Continues Surge | TruckingInfo.com

Truckload Rates Continue Struggling, Intermodal Pricing Continues Surge | TruckingInfo.com

“This is consistent with the pre-announcements of lower earnings by several of the larger trucking companies,” Broughton Capital said. “Our pricing forecast for 2017 is now -1% to 2%, as the current strength being reported in spot rates by DAT Solutions is leading us to believe contract pricing rates should move back into positive territory […]