The new offering, entitled Market Rate IQ, was created by the company’ technology incubator, C.H. Robinson Labs, and company officials said that it is the only tool that highlights to shippers which factors in their United States spot pricing are market-driven and which ones are outside of their control. What’s more, it explained that it is the lone tool incorporating DAT’s RateView, a database comprised of U.S. spot freight lanes. jberman@peerlessmedia.com

Blume officials said that this round of investment values Blume Global at $500 million, with Bridgeport joining funds managed by affiliates of Apollo Global Management and EQT as equity investors in the company. jberman@peerlessmedia.com

Rail carloads—at 234,790—saw a 3.5% annual increase, and intermodal containers and trailers—at 270,832 units—were off 8.3%. jberman@peerlessmedia.com

For UPS, providing service levels it prides itself on, is a key part in its approach to the 2021 Peak Season and beyond. jberman@peerlessmedia.com

Discover how a returns management system (RMS) changes the game for online returns. jberman@peerlessmedia.com

Data recently provided to LM by ShipMatrix, a subsidiary of Pittsburgh-based SJ Consulting showed somewhat mixed on--time performance (OTP) ranges, in July and August, for major parcel carriers, including UPS, FedEx, and the United States Postal Service (USPS). jberman@peerlessmedia.com

Download this new white paper from Logistyx to learn essential strategies for managing growth. jberman@peerlessmedia.com

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for August—at 110.3 (2015=100)—headed up 0.5, following a 1.2% July decline. The ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment and the metric ATA says fleets should benchmark their levels with, for August, was 114.5 (2015=100), topping July by 2.2%. jberman@peerlessmedia.com