What’s behind the never-ending freight brokerage layoffs

What’s behind the never-ending freight brokerage layoffs February 23, 2023 Freight brokerages hired too many employees over 2021 and 2022, and that tide is now turning In an article posted by Freight Waves, Rachel Premack discusses how the freight brokerage industry is seeing massive increase in layoffs: “In a time of record-low unemployment, a crucial […]
Cummins replaces 2 legacy engines with new X10 powertrain

Cummins replaces 2 legacy engines with new X10 powertrain February 23, 2023 New engine will meet 2027 emissions standards and run on multiple fuels In an article posted by Freight Waves, Alan Adler discusses the new Cummins X10 powertrain which runs on multiple fuels and greatly reduces emissions: “Cummins Inc. will retire its L9 and […]
Under Armour’s inventory up 50% as supply chain loosens

Under Armour’s inventory up 50% as supply chain loosens February 23, 2023 In an article posted by Supply Chain Dive, Ben Unglesbee reports Under Armour’s inventory is up by 50% because of the loosening supply chain: Dive Brief: Under Armour reported its inventory was up 50% YoY to $1.2 billion, more than previously expected for the […]
Uber Freight expects ‘broad-based volume recession’ in 2023

Uber Freight expects ‘broad-based volume recession’ in 2023 February 21, 2023 In an article posted by Freight Waves, John Paul Hampstead takes a look into what the global freight market might look like in the rest of 2023 coming off of a bearish first quarter: “Last week, Uber Freight, the logistics service provider arm of […]
There’s a new inflation warning for consumers coming from the supply chain.

There’s a new inflation warning for consumers coming from the supply chain. February 15, 2023 On CNBC, an article by Lori Ann LaRocco provides important insight into the effect that supply chain struggles have on the value of the consumers’ dollar, just in time for the release of the latest consumer price index data. Her […]
UP.Partners’ Moving World Report breaks down transportation’s past, present and future

UP.Partners’ Moving World Report breaks down transportation’s past, present and future February 15, 2023 High costs are key headwinds facing multibillion dollar industry In an article posted on FreightWaves, Jack Daleo discusses the relationship between the trends in the transportation industry and sustainability. Professionals do not believe hope is lost, but that legislative actions need to be […]
The Importance of Trucking Demand Visibility

The Importance of Trucking Demand Visibility February 6, 2023 Why demand visibility is more valuable than capacity visibility The trucking industry faces challenges in monitoring capacity shifts and demand fluctuations. Total tractor counts from for-hire fleets have grown by 18% since December 2018, while never increasing more than 2% a month. However the Outbound Tender […]