Marquee Insurance Group (MIG) was established within the transportation industry, specifically by leading freight & factoring companies (Nolan Transportation Group & OTR Solutions). After being founded in 2014, MIG quickly established itself as a powerhouse in the trucking insurance industry expanding into multiple offices nationwide. MIG has become a trusted partner throughout the ever-changing insurance…
With aftershocks of COVID-19 still rippling across industries, it’s safe to say that “unprecedented” is the official buzzword of the decade. However, according to DAT Chief Scientist Dr. Chris Caplice in a recent conversation with Supply Chain Brain at the Gartner® Supply Chain Symposium/Xpo 2023, the reality of today’s transportation and logistics market isn’t unprecedented…
The two-week strike by the International Longshore and Warehouse Union (ILWU) workers in British Columbia was initially over and is now back on. The strike is causing supply chain disruptions because import containers are delayed or diverted to other ports. According to third-party logistics provider ITS Logistics, the labor strike at the ports of Vancouver…
Builder confidence in the market for newly-built single-family homes in July posted a one-point gain to 56, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Low inventory levels of existing homes have kept demand solid for new homes even as the industry grapples with rising mortgage rates,…
The Port of Oakland is a central hub for exports in Northern California. Its strategic location and modern infrastructure make it popular for companies shipping goods overseas. The Port of Oakland handles various exports, from agricultural products to manufactured goods. Most container ships sailing from the Port of Oakland are specifically heading to China and…
Since last October, the number of long-haul interstate carriers leaving the trucking industry has been around twice the rate of those joining the industry. The long-haul freight market is in the process of rebalancing. In the absence of any significant increase in demand, changes in the number of trucks in the market will become the…
As a data architect, one could say Jeremy Lowell puts the D-A-T-A into DAT. Jeremy recently sat down to share his thoughts on DAT Freight & Analytics, his role, and which data architecture job positions he’s looking to fill. Why DAT? And did you know about DAT prior to working there? Jeremy Lowell (JL): Transportation…
The transportation and logistics sector is currently in flux amid ongoing reports of a potential UPS labor strike on the horizon. Negotiations between UPS and the Teamsters Union are expected to resume on Monday, with UPS reportedly ready to “sweeten their offer” in an effort to avoid a major work stoppage. In a recent poll…
The school year may have just ended, but shoppers are already getting ready for the start of school in the Fall. According to the June National Retail Federation (NRF) report, 25% of back-to-school and back-to-college shoppers are already placing orders compared to 17% five years ago. Also, 68% plan to take advantage of major retailer…
Owner-operator and small fleet profitability defied all odds and improved in June due to rising spot rates and falling diesel prices. After several months of teetering on the edge of a 2019 repeat (when the trucking industry saw record numbers of bankruptcies), long-haul carriers breathed a sigh of relief last month. It could be short-lived,…