Insights for your 2018 Transportation Strategy

Insights For Your 2018 Transportation Strategy

Current transportation costs have been holding at multi-year highs – a trend that can be expected to continue well into 2018.  For most manufacturers, distributors and retailers, transportation costs represent the largest component of the logistics cost segment.  Per Logistics Management’s Annual Study of Logistics and Transportation Trends, freight transportation costs alone can represent 2 […]

Snowy Highway

Short-Term Truckload Rate Outlook: Nov – Dec

Truckload Capacity & Rate Expectations During the first week of November, spot market rates increased and capacity constricted, signaling tangible evidence that we are in the retail holiday season ‘red zone’.  Per DAT Solutions, van and reefer spot rates increased week-over-week by 2.0% and 2.2%, respectively.  The recent week increase is a reversal of the […]

Fuel Tank

Potential Impacts of the California Diesel Tax Increase

A recently passed piece of legislation which raises diesel fuel taxes is going into effect tomorrow in California. What impact will it have on carriers and shippers? As of November, 1, 2017, the California Road Repair and Accountability Act of 2017 imposes these increases within the State: The excise tax for diesel fuel increases 20 […]

Semi-Truck driving on highway

Short-term Truckload Rate Outlook

Truck capacity headwinds will continue to pressure rates higher as we head into the Q4 retail season. Per DAT, the national average van rate reached $2.09 per mile last week.  The last time the average van rate was that high was December 2014.  National average rates for reefer and flatbed are also at multi-year highs. […]

Gas Prices Surge after Colonial Pipeline Shutdown

Gasoline Prices Surge After Colonial Pipeline Shutdown

Gulf Coast gasoline supplies into the 5,500-mile Colonial pipeline system will be shutting down today, resulting from Hurricane Harvey-impacted supplies of refined products originating in Texas and Louisiana (diesel supplies to the pipeline shut down last night). Almost half of the refined petroleum products consumed in the South East and East Coast move through the […]