Supply chain optimization is the name of the game in 2023. Even as freight rates are stable, inflationary pressures still remain in warehousing and labor. US storage prices are now up 1.4% month-over-month and 11% year-over-year, while LTL carrier rates are projected to increase this year. Pair this with a volatile market, concerns about long-term…
Category: Freight
Taking shipping logistics in a new direction
Regardless of a shipper’s size, budget, or industry, having a transportation strategy that prioritizes high-quality service and cost savings equally is vital to remain profitable in today’s market. Shippers might think you have to choose between one or the other—but with a managed transportation service partner, you don’t have to. Working with a team of…
LTL freight shipping – get an instant quote Uber Freight’s LTL solution offers shippers a simple and flexible way to move loads, reduce freight costs, and create, view, and pay for shipments all from one single platform. Shippers can also receive instant quotes from our deep network of third-party carriers with transparent pricing. Seamless LTL…
Market update: Key Q2 2023 insights for shippers and carriers Following a soft market in Q1, weak demand and increased supply have persisted into Q2. In fact, trucking employment remained on the rise, with a 4.7% Y/Y increase in March, widening the gap between supply and demand. Consumer spending has also fell in February and…
The Scheduling Standards Consortium adds collaborators and reveals 2023 milestones The Scheduling Standards Consortium (SSC) announced the addition of seven new collaborators to the industry-led effort focused on the development and promotion of an open API standard for scheduling in the logistics and transportation industry. The new collaborators are Arrive Logistics, Blue Yonder, Coyote Logistics,…
In today’s market, carriers and owner operators face a challenging landscape to manage with higher operating costs and a declining employment base. At Uber Freight, we’re committed to introducing new solutions that help solve the industry’s biggest challenges and allow carriers to absorb the shocks of market volatility. Today, we’re expanding our carrier offerings and…
By Ben Enriquez, Head of Mexico Logistics and Customs at Uber Freight | Originally published in Talking Logistics Nearshoring to Mexico is gaining traction among shippers at a rapid rate. To keep up with the demand, Mexico will open 25 new industrial parks by the end of 2023, spurred by the $35 billion in total foreign direct investment from…
No matter what you’re shipping, it’s time to plan for produce season. Starting in February and continuing through July, different fruits and vegetables become ready for harvest—and cause a rush in demand for freight capacity. As a result, produce season is marked by unpredictable fluctuations in rates and capacity for all CPG shippers. Experienced shippers…
The gears have long been set in motion for businesses to integrate electric trucks into their shipping operations. Now, the first wave of EVs are hitting the road, leading the way toward decarbonizing supply chains. In 2020, the global market for electric trucks reached $392 million, and it’s set to exceed $3.8 billion by 2030….
First celebrated in 1671 to commemorate the Patron Saint of Ireland, St. Patrick’s Day has become one of America’s most beloved imports. And, if you didn’t know, our HQ at the Old Post Office in Chicago has a front row seat to one of the largest St. Patrick’s Day parades in the world. Each year,…