This paper describes the results of an effort to predict future freight volume in the truckload (TL) trucking industry. The approach involves the use of stepwise multiple linear regression models that relate freight volume to a variety of economic indicators. The models are built using a large set of actual freight data provided by J.B. Hunt Transport (JBHT), one of the world’s largest TL car…
State‐of‐the‐art communications are fast becoming a necessity in today′s international freighting and transportation industries. Sophisticated logistics chains, offering a fast and flexible response to customer demands, require an accurate flow of information for tracking, planning and control. From the outset, many sectors of the shipping and containerization industries saw EDI as a …