MARKET MONDAY | 02/19/2024
EU Passes New Clean Energy Law
Market Monday | 02/12/2024
Carrier Diversification Dwindles
Market Monday | 02/05/2024
Red Sea Crisis: Rerouting The World’s Biggest Cargo Ships Amidst War
A Week With Summit
Over the last week the Summit team has been busy. Last Wednesday we were able to attend another wonderful night at CastleBranch. The burrito bowls paired perfectly with Edward Teach beer. The team even got a little competitive over Bingo and won! Our administrative specialist now has an official TekMountain yeti for the office. Friday […]
Meeting Our Neighbors
On January 12th we had the great pleasure of attending a Meet and Greet with our new neighbors, CastleBranch.
Van Report: Tight holiday capacity led to surges in rates
Dean Croke on January 4, 2022, 1:14 pm. From: DAT.com The latest data from the American Trucking Associations (ATA) For-Hire Truck Tonnage Index recorded the fourth straight month of gains following last November’s 1.3% m/m increase. Compared with November 2020, the index was up 2.5% y/y, which was the largest year-over-year gain since May of last year. “In November, […]
Party, Ugly Sweaters and Gifts, OH DEER!
Summit Logistics Group knows how to celebrate the holiday and celebrate each other. Check out a few of the amazing pictures taken of our team, by our team. Thursday, December 16, our Team hit the town in our best formal wear to celebrate out goal breaking team who not only exceeded personal goals but smashed […]
Back to Back Champions
Our team member, Nicholas Sander, and his softball team won the city championship! Blackburn Brothers Seafood sponsors this group who have been playing baseball since they were kids. They all stuck together and are now two time champions. We love seeing our Summit Logistics Group team succeeding both in the office and on the field. […]
If you are looking for a Touchdown, Summit Logistics Group is the team you need backing your business! During the busiest time of the year our jerseys are bringing us inspiration and the competitive edge to meet the challenges of the shipping industry during the holiday season. We are running the extra yard and earning the extra points to make sure our customers and carriers have a great season.
Carolina Connector Opens in Rocky Mount, Edgecombe County
CCX positioned to reach 5 million within 120-mile radius. THE CAROLINA CONNECTOR INTERMODAL TERMINAL IS OPEN FOR BUSINESS. As a better, faster, and more cost effective way for suppliers to reach consumers, the Carolina Connecter is moving goods throughout North Carolina and the Eastern United States. CCX is providing valuable supply chain routes while bringing jobs […]
‘We’re going to see a lot of bare shelves’: Retail preps for a holiday beset by supply chain pain
Bottlenecks from factories to cargo ships mean fewer goods on shelves and fewer discounts for the season. Written by: Ben Unglesbee, Senior Reporter, Retail Dive Before gifts can make it under holiday trees this year, they are going to have to pass through one of the largest-scale traffic jams modern supply chains have ever experienced. […]
Market Monday | 12/04/2023
Atlanta Airport Creating a Major Expansion: Growth with Air Cargo in the Southeast
Market Monday | 11/27/2023
Forward and Inward Facing Camera Advancements with Artificial Intelligence
Market Monday | 11/13/2023
Holiday Season on the Approach! How does this affect the Logistics Industry?
Market Monday | 11/06/2023
Latest News with Recent Port Adjustments
Market Monday | 10/23/2023
ATA Members Remind Us of the Importance of Trucking with their 90th Anniversary
Market Monday | 10/09/2023
Cybersecurity Threats in the Trucking Industry
Market Monday | 09/25/2023
Trucking Priorities Pressed on Congress by Freight Executives
Market Monday | 09/18/2023
Workers on Strike: Detroit Automakers
Market Monday | 08/28/2023
Marathon Petroleum Corp. Shutdown: Massive Fire
Market Monday | 08/21/2023
AI Helping the Logistics Industry
2023 Inc. 5000 Reveal!
For the second year in a row, Summit Logistics Group was named to the Inc. Magazines 5000 list of America’s Fastest Growing Private Companies!! Summit Logistics Group was ranked #190, #9 in Logistics and Transportation, #4 in North Carolina and #1 in Wilmington!! “Making this list for the second year in a row in an […]
Market Monday | 08/07/2023
“Yellow” 100-Year-Old Company Shutdown
Market Monday | 07/31/2023
Cargo Theft Rising- Risks Increased 57%
Market Monday | 07/24/2023
Canada Dockworkers – New Vote? Labor Unrest Disrupting Millions in Trade
Market Monday | 07/17/2023
Why is There a Push for Veterans to Join the Trucking Industry?
Market Monday | 07/10/2023
Ohio Sued by Rail Industry: Crew Size Rule
Market Monday | 06/26/2023
Race to Fix I-95 Bridge, how is NASCAR Involved?
Market Monday | 06/19/2023
Trucker Boycott in Florida: Senate Bill 1718?
Market Monday | 06/12/2023
I-95 Closure- Philadelphia
Market Monday | 02/20/2023
Congestion in large area ports?
Market Monday | 02/13/2023
How does Valentine’s Day affect the logistics industry?
Market Monday | 02/06/2023
Market Monday | 01/23/2023
Intermodal Challenges in 2023?
Market Monday | 01/16/2023
Are we going to run out of diesel?
Carrier Spotlight – B. Berger Express
At Summit Logistics Group, we’ve spent years building relationships with the best carriers in the business. Today we’d like to feature B. Berger Express and their driver Brady.“Since day one, Brady was extremely professional and personable. I appreciate his efficiency in securing loads and timely communication. I would not recommend him to anyone else, as I would like […]
Food Truck Friday – Smash N Dash
We had a new visitor today for Food Truck Friday at Summit Logistics Group! Smash N Dash specializes in Smash Burgers and Bacon Wrapped Hot Dogs varying from “The Deluxe” to “The Hangover” with Bacon, Eggs, Cheddar Cheese sauce, Lettuce, Tomato, Onions, and Smash Sauce (which they should also sell by the bottle). The food was a […]
Never a Dull Moment
Last week there was a Prospecting Call competition that involved each Account Executive submitting their best call, to be judged on by their peers. The winner was to win $100, and of course it led to a 3 way tie. That lead to this creative tie-breaker, and the winning putt! Congratulations Cody McPherson, that was […]
Carrier Spotlight – Republic Carriers of Texas, LLC.
At Summit Logistics Group, we’ve spent years building relationships with the best carriers in the business. Today we’d like to feature Republic Carriers of Texas, LLC. “Gilbert Salinas stepped in at the very last hour (2 am) to pick up a load that was scheduled for a strict appt time of 8 am that same […]
Our First Podcast!
Thanks to Megan Mullins and the Wilmington Chamber of Commerce for allowing us to experience their fantastic podcast! Daniel Fountain had the opportunity to discuss the logistics industry, our recent inclusion on the Inc. 5000 list, our ties to University of North Carolina Wilmington and the many reasons we love being a part of this community. It was a fantastic experience and another […]
Looking out for Mother Ocean
One person can make a difference. Being in Wilmington, the beach is a way of life. Keeping the beach clean is vital, and anytime a clean up is scheduled it is time well spent. Edward Teach Brewery, our sister company partnered with Poe’s Tavern to put this together and it was a fantastic success, thanks […]
YOUR BUSINESS OUR NETWORK
Daniel Fountain had another weekend project at the office. With a network of over 75,000 carriers, Summit Logistics Group can move your products anywhere, safely and on time. Send us a message to find out more!
Food Truck Friday w/Paella Fusion
Food Truck Friday at Summit Logistics Group! This week’s truck was Paella Fusion, they do a fantastic job of keeping the favorites on their menu and introducing one or two new items each visit. Birria Tacos, Nachos, Quesadillas and Empanadas are always a fantastic start to this weekend!
Volleyball at Capt’n Bill’s-We’re Getting the Hang of this!
Summit Logistics Group was back out on the court at Capt’n Bill’s last night and we came out to play. There was a killer instinct on display after last week’s heartbreak and our team went 4-1. We even got Kyle Narron out on the court!
Jersey Thursday is Back!
Jersey Thursdays are back at Summit Logistics Group! Every Thursday during the NFL season we represent our favorite teams, sometimes a game breaks out in the lobby, luckily nothing was broken except Matt Simms pride.
Skee Ball Champion!
Every other Wednesday CastleBranch invites us to join them for food, fun and games. Last night meant pizza, beverages and Trivial Pursuit, but the star of the evening was Skee Ball, new high scores were set by Joe Woodard and Danielle Bennett released a little stress! Thanks again to CastleBranch for including us in this fantastic event.
Carrier Spotlight – Carrier One
At Summit Logistics Group, we’ve spent years building relationships with the best carriers in the business. Today we’d like to feature Carrier One. Headquartered in Griffith, IN, “Carrier One has proven to be a valuable partner in servicing our customers’ needs. As we know communication and dependability is paramount in this industry and Carrier One […]
The First Bite @ Summit Logistics Group
Wilmington, NC has some of the best food trucks around and Summit Logistics Group celebrates this every Friday. The First Bite serves THE BEST breakfast burritos in town along with sandwiches, chicken and waffles and delicious nitro cold brew coffee. Breakfast, lunch or dinner their food is amazing!
Volleyball Heartbreak at Capt’n Bill’s
Thursday night volleyball is back! Just past the halfway point of the season and the competitive juices are flowing, last night was a heartbreak. Losing 25-23 on a line call, right in front of our crowd. It is rec league for sure but that was a tough one to swallow. We played as a team […]
Employee Spotlight-Sarah Turner
Congratulations to Sarah Turner, Summit Logistics Group’s Employee of the Month for August 2022!!!
Carrier Spotlight – Carrier Inc.
At Summit Logistics Group, we’ve spent years building relationships with the best carriers in the business. Today we’d like to feature Carrier Inc. Based out of Rolling Meadows, IL, they have been a fantastic carrier running Dry Van loads for our company throughout the United States. “This carrier has been doing an amazing job! Going above and […]
Contract and Spot Rates Decreased in July
Both contract and spot rates fell during July for Dry Van, Reefer, and Flatbed loads. Now is the time to revisit shipping rates! Summit Logistics Group would like to be a part of your team, let us show you why we’re one of the fastest growing logistics companies in the nation! https://www.logisticsmgmt.com/article/dat_truckload_volume_index_trends_down_to_more_seasonal_patterns_in_july
Introducing The Summit Siren!
Introducing the Summit Siren! At Summit Logistics Group, we are proud to call Wilmington, NC our home. As a coastal community, hurricanes are very much a part of living here, and as a nod to where we’re from, our Director of Operations Daniel Fountain has created the Summit Siren. When our Account Executives bring on a new […]
What a Perfect Way to end the Work Week
We had a surprise visit from our fantastic owner today! Gary Sholar brought the grill, steaks, sides, and drinks and cooked for the team! The celebration was all about our record growth at Summit Logistics Group, thank you for being so committed to our company, we’re grateful to have you as our leader!
Businesses on the Rise: These Wilmington Companies are Among the Nation’s Fastest Growing
There’s a great article in today’s Star News, we are proud to be on this list representing Wilmington, NC. Thanks to our customers for your trust in us, and thanks to our associates for the work that it took to make it here. 1654% growth over the last three years and we’re just getting started. […]
It’s the Mid-point of Volleyball Season
Thursday nights means volleyball at Summit Logistics Group. Our team took the courts at Capt’n Bill’s Backyard Grill and a little rain didn’t slow us down. We’ve hit the mid-point in the season and are hitting our stride, jockeying for position when it comes tournament time. If you’re in Wilmington, NC we’ll see you at Bill’s!
Carrier Spotlight-R&R Trucking of Central Florida
At Summit Logistics Group, we’ve spent years building relationships with the best carriers in the business. Today we’d like to feature R&R Trucking of Central Florida. A Stellar Flatbed Carrier that has performed beyond expectations.The Communication, Professionalism, and reliability are unmatched.Randy and his team are great in every category that you’d look for in a Hauler.They […]
Thank You to our Customers!
Several Wilmington-Area Businesses Land on Inc. 5000 List
Thanks to the Greater Wilmington Business Journal for the mention! We are thrilled to be a part of this year’s Inc. 5000 list (#353) and want to thank our customers for your trust in us. Congratulations to the 10 other area businesses that also represent this thriving community, we are proud to call Wilmington, NC our home. […]
Weekend project at Summit Logistics Group
We had a little project at the Summit Logistics Group office over the weekend! Daniel Fountain had a vision and made it happen, installing 4 tv’s in the middle of the sales area on Friday night. Thank you Michael Sanderson, Matt Simms and Joe Woodard for your help with the install!
Otis From Canines For Service Dropped By!
Today Summit Logistics Group had a visitor! Otis is a service dog in training from the non-profit Canines for Service Inc. Once he finishes his specialized training he will be placed with a Veteran to support them with PTSD and physical mobility complications. Click the link to learn more about and possibly donate to this fantastic […]
Food Truck Friday w/Eat @ Eastside Sandwich Truck
Happy Food Truck Friday from Summit Logistics Group! Each Friday we celebrate the end of the week with one Wilmington’s best food trucks. Eat @ Eastside braved the weather to serve THE BEST sandwiches, their bread is seriously amazing and the flavor combinations they are putting together will make you want to get a second […]
Volleyball season is in full stride at Capt’n Bill’s
Thursday night volleyball at Capt’n Bill’s and Summit Logistics Group came to play! Working together as a team out on the court comes naturally for this group, and we are getting better every week. Our first rivalry was born last night, as emotions from last week came forward again during our first game of the night and […]
Inc. 5000 News Release
Summit Logistics Group Welcomes Kyle Narron as our Vice President of Operations
Summit Logistics Group welcomes Kyle Narron as our Vice President of Operations. Kyle has over 21 years of continual success in operations, sales, and business management leadership roles, we are fortunate to have you leading our team!
Summit Logistics Group ranks #353 on the 2022 Inc. 5000 List!!!
Greetings from Summit Logistics Group! This morning we had an unexpected celebration for the team, as we announced our placement on this year’s Inc. 5000 list. This list is “the 5000 fastest-growing private companies in the US, based on the percentage of revenue growth rate”. We ranked #353, out of the 5000 companies chosen!!! This […]
Supply Chain Disruption Briefing
Supply chain pressures are at “historically high levels”, but they have fallen for the third month in a row. This is a great resource for market updates and a quick read. https://mailchi.mp/aitworldwide.com/august-9-2022-supply-chain-disruption-briefing-577483?e=21c773c439
Families. There’s lots of reasons to work at a place, but the ones that you come home to every day are the driving factor for most of us. At Summit Logistics we’ve had a bit of a baby-boom recently and we couldn’t be more excited! We understand that as a company we not only impact the lives of […]
It’s a Beautiful Sound!!!
When the bell rings everyone in the room claps twice and says “WOOOO!!!” In honor of North Carolina’s own Nature Boy Ric Flair. Tyler Edwards ran a load for a new customer today and you could hear the pride. Great job Tyler!!!
Contract Truckload Rates Are Likely Dropping
“The spread between spot and contract rates has averaged around record low levels (~-74 cents a mile) since early May. That said, the rate differential is too large to sustain for long. Some level of rate decrease will occur if demand-side conditions remain at or below current levels. Judging from history, it would appear a […]
Food Truck Friday with Paella Fusion
Food Truck Friday is back at Summit Logistics Group! What better way to kick off the weekend than some Latin Street Food! They have so much skill that they bring to each authentic item on their menu, there’s a reason we schedule them every chance we get.
SLG Volleyball is Heating Up When the Sun Goes Down
Summit Logistics Group was back out on the court last night at Capt’n Bill’s. Week 2 of the season is in the books and we are climbing up the standings, some things are just more fun when the sun goes down!
Feeding the 1 in 5 Children in New Hanover County that Struggle with Hunger
Today Summit Logistics Group dropped off our first food donation to NourishNC. For 12 years, NourishNC’s mission has been to feed the 1 in 5 children in New Hanover County who struggle with hunger. Head to https://nourishnc.org/ to find out more about supporting this fantastic cause!
Employee Spotlight – Nicholas Sander
Congratulations to Nick Sander, Summit Logistics Group’s Employee of the Month for July 2022!!!
Transportation Pricing Declines Again in July
Supply chain data released Tuesday showed further cooling in transportation markets. A 7.4-point jump in available transportation capacity (69.1) drove pricing lower in the month. This was the fastest growth rate for capacity since April 2019. If you haven’t revisited shipping rates recently you may be paying too much. Summit Logistics Group wants to be part of your […]
All Hail the Queen!!!
Kristen Marchant has been with Summit Logistics Group for One Year!!! Her title is Customer Support Team Lead but she does so many different things for SLG that the title does not incorporate, and is a mainstay at most of our events. We are very lucky to have you, all hail the queen!!!
Making a Difference in our Community
There is no limit to what a few people can achieve. Over the weekend, Summit Logistics Group partnered with Cape Fear Habitat for Humanity to assist in the dream of home ownership. Originating in 1976, Habitat for Humanity has improved living conditions for over 39 million people. Pretty great way to spend a Saturday.
A Wilmington, NC Tradition
Beach Volleyball at Capt’n Bill’s Volleyball Facility is a local tradition here in Wilmington, NC, and Summit Logistics Group is playing in the 6-person league for the first time. The group left it all out on the court yesterday, putting on a clinic of sets, digs, spikes and pulling out a couple wins in the […]
Excitement is in the air!
There’s an energy in our office at Summit Logistics Group right now. Our newest Account Executives are finishing their first week with us and learning from the best of the best!!! We train face to face and are never too busy to answer questions, explain processes and walk through what they are soon to be […]
We have the BEST neighbors!!!
We have the BEST neighbors! As if theme nights, food and beverages every other Wednesday wasn’t enough, CastleBranch just introduced this rec area! Foosball, Air Hockey, Ping Pong and even Skee Ball!!! We are blessed to be a part of such a great event that keeps getting better!
Our Newest Group of Account Executives
eastside. Food Truck Friday!
Employee Spotlight – Vincent Hagedorn
Trucking Industry Trends
https://www.dat.com/trendlines This is a fantastic resource for industry trends updated weekly. National spot rates for both dry vans and flatbeds are still on the decline. Reefer rates are holding steady in large part due to produce season. Summit Logistics Group wants to be a part of your shipping team. Rates are constantly changing, let us […]
Happy 4th of July!
Who doesn’t love a hotdog eating contest in the rain!?! Summit Logistics Group celebrated the fourth a little bit early and Mother Nature had other ideas. Cody McPherson edged out James Wallace by one hotdog to win our inaugural competition!
Back to Back to Back Division Champs
Nick Sander has done it again, B.B.S (Blackburn Brothers Seafood) has won the Wilmington Softball Association Division Championship for the third time in a row!!! If the team name sounds familiar, it’s because since the last championship two Blackburn Brothers have joined the Summit Logistics Group team, congratulations to Justin and Julian Blackburn. Great job […]
A Potential Economic Recession and the Supply Chain Bullwhip are Colliding
“A full 77% of U.S. container imports come from industries that have reported massive supply gluts (retail, electronics, furniture, clothing, and appliances). The national spot index 7-day rolling average dropped from $2.07/mile on June 1 to $1.96/mile on June 20th. The weekly average of container spot rates from China to the U.S. West Coast has […]
US Shippers face another round of re-evaluating their trucking strategy
For the first time in over a year spot rates in the US trucking market have dropped below the level of contract prices, according to transport management and logistics provider Transplace, acquired by Uber Freight last year. Traditionally 5% to 10% of the market is in spot rates, but in January some shippers sourced as […]
Do you have a plan B?
During the Reuters Supply Chain Execution 2022 June 1st and 2nd in Chicago, one of the main topics discussed involved resiliency. Dow Chief Supply Chain Officer Greg Jozwiak “It’s about how fast you can recover and convert learnings from past events into your playbook. We will have disruptions. We don’t know what the next ones […]
The Fight to end Alzheimer’s Disease
An estimated 6.5 million Americans are living with Alzheimer’s Disease and we have a chance to make an impact. Summit Logistics Group is fundraising for the Alzheimer’s Association, and taking part in the Wilmington, NC Walk To End Alzheimer’s. Our Goal is to reach $2000 in donations for this cause. Now for the fun part…WHEN we reach […]
The Ocean Shipping Reform Act
https://www.logisticsmgmt.com/article/u.s._house_passes_the_ocean_shipping_reform_act_with_biden_set_to_sign_it_i “During the pandemic, ocean carriers increased their prices by as much as 1,000%,” he said. “And, too often, these ocean carriers are refusing to take American exports back to Asia, leaving with empty containers instead. That’s costing farmers and ranchers—and our economy—a lot of money. This bill will make progress reducing costs for families and […]
Employee Spotlight – Trish Fusselman
Our employees are what makes Summit Logistics Group an incredible place to work!
Power Hour Champion!
Sales is equal parts motivation and determination, but at Summit Logistics Group we try to find the fun in everything we do. Our people just do not like losing, and competitions bring out the best in us. Our “Power Hour” program involves a fast and furious hour on the phones specifically intended for prospecting customers. To add […]
It’s Always A Beautiful Day For Tacos
When a taco truck comes by the office a little rain doesn’t keep us away. If you ever see Paella Fusion on the road follow them and buy all of the tacos. Summit Logistics Group, we can get you a truck for any of your shipping needs, even food trucks!
Pulling Back The Curtain
Today Megan Mullins from the Wilmington Chamber of Commerce stopped by the office to see what makes Summit Logistics Group a special place to work. We are proud to tell our story and even prouder to be members of the Wilmington Chamber of Commerce, “the local champion of a balanced and thriving economy in southeastern […]
Work/Life Balance is something that Summit Logistics Group takes very seriously. The experiences we have outside of the office make us better employees, and anytime we can impact our community it is time well spent. In addition to his role of Account Executive with Summit Logistics Group, Anes Bekric coaches both boys’ and girls’ soccer. […]
And Down the Stretch they Come!
Contests can be a great way to motivate employees, but at Summit Logistics Group we do contests a little differently! This past weekend Anes Bekric, Justin Blackburn, Daniel Fountain and Nathan Ball got to experience the Preakness firsthand. Flying by private plane and enjoying all the festivities and some beautiful weather, this was definitely one to remember! Congratulations to our winners, you deserve it!
A Leap of Faith
Starting a new career can be one of the biggest decisions a person makes in their lifetime. We believe in our company, but also understand that there are many companies that are currently hiring. Today, we welcomed SIX new Account Executives to the Summit Logistics Group family. We are excited to have Cody McPherson, Brandon Bradley, Sean Jenkins, Bryan Teague, Steffen […]
What’s a Ric Flair?
What’s a Ric Flair? The Nature Boy’s signature sound, a big loud WOOOO!!! Being based in North Carolina we honor one of the all-time greats each time we get a new customer. Two claps and a Ric Flair, that’s the Summit Logistics Group way!!! Great job to Julian Blackburn!
Linehaul-only spot rates are dropping
“From April 30 to May 6th, trucking linehaul-only spot rates (7-day moving average) dropped $0.09, from $2.17 to $2.08, making it one of the largest weekly drops since linehaul rates net fuel peaked on January 14, 2022. This per day drop was one of the largest one-week drops in the index and at a pace […]
Communication is what separates Summit Logistics Group from our competition
Through state of the market updates, team collaboration and working the phones we make sure each step of the shipping process is handled efficiently. From the moment your driver does their pre-load truck inspection to an emailed proof of delivery we’re with you every step of the way. “We believe that getting YOUR product to […]
Employee Spotlight – Dani Bennett
Our employees are what makes Summit Logistics Group an incredible place to work!
Cinco de Mayo
Summit Celebrated Cinco de Mayo in the garden with our friends from CastleBranch. There was food from Islands Fresh Mex, cervezas from our sister company Edward Teach Brewery, music, games and the weather was perfect. Thanks to CastleBranch for being such great neighbors!!!
Growers (and trucks) migrate south for the winter
Dean Croke on December 8, 2021, 2:46 pm Leading vegetable producer, Church Brothers Farms, supply the market with salads year round. To make all of this happen, they operate in Salinas and the San Juan Valley of California for the spring and summer season and in Yuma, Arizona, and California’s Imperial Valley for the winter season from November to April. […]
From now until the Super Bowl we will be doing Jersey Thursday here at Summit Logistics Group. We have such an amazing team that are taking advantage of being able to support their teams while working harder than ever! These Account Executives and Logistic Coordinators work hard to get the best rate to get your […]
Is the Driver Shortage About to Ease as Transport & Logistics Applications Rise?
Emily Buckley November 30, 2021 We’ve all seen the headlines proclaiming that Christmas will be ruined yet again this year — but this time not because we’re in the middle of a pandemic. The fate of Christmas 2021 apparently lies in the hands of HGV (Heavy Goods Vehicle) drivers, of which the Road Haulage Association estimates there is […]
New rail connection will expedite shipping container delivery from Wilmington to the Midwest
The Wilmington Midwest Express rail service will provide a more direct connection between shippers and consumers(NC PORTS)
Industry Trends with DAT Trendlines™
powered by DAT iQ Thanksgiving comes early for reefer carriers National Spot Rates: Van, Flatbed, Reefer Reefer spot rates increase earlier than usual as fresh turkeys take off ahead of harvest celebrations Nov 1 – 7 – Normally we see demand and spot rates for temperature-controlled equipment increase right up to Thanksgiving, but like everything else […]
Cybercriminals Target Transport And Logistics Industry
By Lindsey O’Donnell-Welch Cybercriminals are targeting organizations along the supply chain sector with cyberattacks and claiming in underground forums that they have access to networks for companies that operate air, ground and maritime cargo transport. The global supply chain is facing widespread challenges, with the COVID-19 pandemic leading to fluctuations in the availability of goods. At […]
Used truck prices have more than doubled in the last 12-months
Dean Croke on October 26, 2021, 3:44 pm The outlook for used truck prices looks great if you’re a seller. It’s not so good if you are one of the many fleet owners scrambling to add capacity to meet demand. According to Chris Visser, Sr. Analyst and Product Manager, Commercial Vehicles at J.D. Power: “Shipping backlogs and […]
Halloween at Summit
To celebrate the holiday and have a little fun a few members of out team decided to dress up Friday, October 29 for a contest. Our Director, Nate, offered a prize some could not refuse we all got to see the costumes the team could come up with in only a week! Take a look […]
Welcome our newest hires!
This week we had the pleasure of welcoming SIX new Account Executives to our ever growing company. Here at Summit Logistics Group we are looking for enthusiastic individuals with diverse backgrounds to bring new knowledge and energy to our team. Join us in welcoming these amazing individuals! Anes Bekric Anes brings a high level of […]
Reefer markets staying busy with pumpkins and imported produce
Dean Croke on October 13, 2021, 9:45 am With Halloween just over two weeks away, Midwest retailer Meijer expects to sell more than 500,000 locally grown pumpkins for carving or decorating. More than 95% are expected to arrive at a Meijer store just a day or two after harvest from a nearby pumpkin patch. “Michigan, Ohio and Illinois rank […]
Grand Opening & Ribbon Cutting
Welcome Summit Logistics Group to Downtown Wilmington!! Check out this video of our latest ribbon cutting for Summit’s beautiful new office at 319 N. 3rd St., Suite 200. Thank you to City of Wilmington, Mayor Bill Saffo and to New Hanover County Board of Commissioners Vice Chair and WDI Board Chair Deb Hays for making […]
Growing Our Company
Welcome to the Team! Summit Logistics Group is pleased to have new Account Executives joining our record-breaking team. Please join us in congratulating these talented new execs. Alicia Mikat Alicia started her transportation career when she was 18 joining the Army as a truck driver, while transitioning into the civilian world she immediately put her […]
DAT Truckload Volume Index Fell 8% in July as congestion gripped supply chains
Original Post Date: 08/23/2021 7:54 am PORTLAND, Ore., —Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions. The DAT Truckload Volume Index was 222 in July, down 8% compared to June. The Index is […]
August dry van spot prices from DAT Freight & Analytics
Source and Credit for post and graphic: Jason Miller Wanted to share an update on August dry van spot prices from DAT Freight & Analytics that I’ve seasonally adjusted using the U.S. Census Bureau‘s X-13 software. Plot is for linehaul prices (excluding fuel surcharges). Thoughts: •Seasonally adjusted prices in August were practically unchanged from July and remain down […]