River City Logistics Inc.’s Post

River City Logistics Inc. understood the need for current data to help them prepare for the next market cycle. Read our latest case study to learn how FreightWaves SONAR has helped to position them for success.

River City Logistics Inc. aimed to position themselves for the next market cycle by having a thorough understanding of the #freight market. Having previously relied on load boards, the leadership began to question the integrity & depth of the #data they were using and turned to FreightWaves SONAR to gain a comprehensive market view to better understand pricing and lane dynamics. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐜𝐚𝐬𝐞 𝐬𝐭𝐮𝐝𝐲 to learn how SONAR’s data has enabled the company to shift from a transactional partner to an important knowledge source for its #carrier base. https://bit.ly/48GikFp

This Star Wars Day, channel the Force into your freight operations. Parade is your ally for smarter, faster brokerage solutions. May the 4th expand your horizons. #MayTheFourthBeWithYou #LogisticsExcellence

More topics like this to be covered at the next Broker Carrier Summit in October in Fort Worth! Registration is open!

At #Stord Freight, we have our finger on the pulse of the Freight market, developing and incororating key market insights to deliver brilliant solutions in #FTL, #LTL, #Dray, #Flatbed, #Reefer, and #Ocean Freight. It’s no secret that it’s a buyer’s market, with the industry flush with post-COVID capacity and tepid demand. We help our customers tap into this value market. Stord boasts an All-Star team of #Freight professionals whose passion and drive provide you the confidence that your freight is handled with care while delivering you the value you deserve. Check us out here for the latest outlook on the market, and contact us for a quote! In this month’s update: 🚚 Capacity updates 🚚 Volume insights, including current impacts of produce season 🚚 A helpful playbook https://lnkd.in/eM_VU6WW

Is it possible to go from facing a 15% contract increase from a carrier to generating $5.5M in savings? For one shipper, the answer was yes! Learn how they made it happen. https://bit.ly/3SMCyb6 #parcel #shippers #supplychaininsights #carriers #transportationtrends

Loads and rates went up in the spot market last week! The latest weekly reports from DAT Freight & Analytics and FTR | Transportation Intelligence find that the ratio of loads to trucks shot up for the dry van, reefer, and flatbed markets. This brings some upward pressure on rates before the week of Independence Day. Read more on FleetOwner: https://lnkd.in/gc3_qAn4

According to this article in the Journal of Commerce, Ports America operator of the Seagirt Container Terminal in Baltimore, is working with CSX Transportation Intermodal and Norfolk Southern to work out a way to move Baltimore-bound containers diverted to NY/NJ and Norfolk (and, presumably, export containers moving the other way) via rail. If this can be put together, it would be a smart, customer-oriented move that could take quite a bit of pressure off the Baltimore drayage community and save shippers big $$$. https://lnkd.in/gnB6dqNi

Carriers are rejecting inbound loads to the Southwest at rates well above the national average. With a 72-hour truck inspection blitz kicking off in Texas, this spike might be temporary—but it’s a trend worth watching. Stay ahead of the curve by understanding what drives the Inbound Tender Reject Index (ITRI). Read more on this trend and its impact on freight markets below. https://bit.ly/3LVANnE #freight #dailywatch #marketupdate #SONAR

This is something that can get passed down for generations when built properly