"Most segments of the used truck market are performing quite well, with widespread price appreciation," says Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager. In the short term, and possibly longer, the fundamentals favor ongoing strength. We've been in the freight market recovery for more...
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Alibaba’s shipping capabilities are now available to small enterprises in the United States
Alibaba.com, the Chinese e-commerce giant Alibaba Group Holding's (NASDAQ: BABA) business-to-business platform, announced Thursday that it has added dropshipping and other transport and logistics services for its small and midsize customers in the United States. They are increasingly relying on digital tools to grow their global sales. Dropshipping is a...
Shippers are still coping with one of the world’s worst supply shortages
The US Bank Freight Payment Index is a quarterly publication that represents freight shipping volumes and $31.4 billion in freight spend in the truckload and less-than-truckload sectors on a national and regional level. In Q2, both the US Bank National Shipments and Spend Indexes increased. This indicates that the national...