Rising haul rates, tight capacity, and high fuel prices are creating compression in the current transport market. Large distributors and manufacturers hold a unique position in the transport economy. “There is a driver shortage,” says Scott Oliver, Senior Director of Logistics and Transportation for HP Hood. “Whether rates are going up or

From supply chain interruptions to skyrocketing fuel prices, the world of transportation and logistics has seen some hard times as of late. If you’ve been through the ups and downs of this in industry and could use something to lighten the mood, you’ve come to the right place! Triple T Transport and

Shippers and carriers have more choices than ever when it comes to brokerage services. Modern brokerages fall into 2 main categories: traditional “people first” brokerages, and online digital brokerages. Digital brokerage platforms seem to be the hot new thing in transport, garnering untold venture capital investments and major attention from some of

While talk of recession continues, there’s plenty to feel good about in today’s economy. Consumers have ample savings, and consumer confidence remains high. Since the start of the pandemic, personal consumption has grown at a rate of 6 percent, topping the average annual rate of 4 percent. The construction sector also remains

The cost of doing business in the transport industry has risen substantially in recent months. The price of fuel is up, while line haul rates on are in decline. For these reasons, it seems harder than ever for carriers to make a living or even stay afloat in this field. What are the root

With record-high fuel prices and line haul rates in steep decline, small carriers are feeling the effects of compression in the transport industry. These operations are the hardest hit by the recent trend toward tighter market conditions. Small carriers that have failed to prepare for the harsh realities of today’s transport economy are sure

Today’s record-high diesel prices are a serious global issue. Reduced output from refineries, international conflict, and unstable market conditions are just a few of the factors driving up the price of fuel. Even under more normal circumstances, understanding all the variables that contribute to the price at the pump can be a

For shippers, your business is only as strong as the partners you surround yourself with. But all partnerships are not created equal. Depending on your shipping lanes, the frequency of shipments, and many other factors, certain carrier partners may offer a greater value than others. Carefully selecting the right organizations or owner/operators to partner

Prior to two years ago, the US economy was red hot. Bankruptcies were down as businesses enjoyed a period of prosperity. Then came the pandemic. “Several signs and indicators pointed to a downturn prior to the March [2020] shutdown,” says Zachary Elrod, Sales Vice President at Allianz Trade North America—a trade credit

Food recalls are a serious matter for protecting public health and safety. When a recall is announced, shippers, carriers and logistics companies must work diligently to secure every lot of affected product. Steps must then be taken to ensure proper disposal once all recalled goods are reclaimed and accounted for. This process includes detailed