When will the contract market catch up with spot rates? Industry News When will the contract market catch up with spot rates? There is no change in the Pricing Power Index this week despite a continuation of…Gemini Shippers GroupAugust 7, 2020
Freighters to the rescue: Korean Air posts Q2 profit Industry News Freighters to the rescue: Korean Air posts Q2 profit Korean Air is a unicorn among passenger airlines. It made a profit in the second…Gemini Shippers GroupAugust 7, 2020
Will the active spot market lead to higher contracted rates? – FreightWaves NOW Industry News Will the active spot market lead to higher contracted rates? – FreightWaves NOW In the Carrier Update presented by PowerFleet, Zach Strickland thinks that we may see some…Gemini Shippers GroupAugust 7, 2020
2020 hurricane season may approach historic levels Industry News 2020 hurricane season may approach historic levels Experts “anticipate an above-normal probability for major hurricanes making landfall along the continental United States…Gemini Shippers GroupAugust 7, 2020
Employment report follow: July trucking employment numbers look higher but a June downward revision was significant Industry News Employment report follow: July trucking employment numbers look higher but a June downward revision was significant After the revision of the June numbers, July preliminary trucking employment is less than where…Gemini Shippers GroupAugust 7, 2020
Technology is changing the way freight brokerages operate Industry News Technology is changing the way freight brokerages operate The combination of artificial intelligence and machine learning are allowing XPO’s brokerage operation to offer…Gemini Shippers GroupAugust 7, 2020
FreightWaves Flashback 1960: “Walk-Through” Containers Give Maximum Flexibility Industry News FreightWaves Flashback 1960: “Walk-Through” Containers Give Maximum Flexibility The walk-through feature makes it possible to handle cargo within both containers without removing either…Gemini Shippers GroupAugust 7, 2020
A sleepy North Carolina city flexes its logistics muscle Industry News A sleepy North Carolina city flexes its logistics muscle City checks off many of the distribution center site boxes.Gemini Shippers GroupAugust 7, 2020
US Postal Service volumes grow 50% in face of steep loss Industry News US Postal Service volumes grow 50% in face of steep loss USPS chief DeJoy says agency is in “financially unsustainable position absent significant fundamental change.”Gemini Shippers GroupAugust 7, 2020
Koch-owned KBX teams up with Transflo on electronic BOLs Industry News Koch-owned KBX teams up with Transflo on electronic BOLs Process to put the two together involved numerous Koch-owned shippers, including Georgia-PacificGemini Shippers GroupAugust 7, 2020