Tag: Trucking Industry

August 19, 2022

Earlier this summer, the U.S. Supreme Court decided not to weigh in on two major issues that have roiled trucking for years. And for those in the $800 billion trucking industry, the court’s silence has been deafening! For those of […]

July 14, 2022

Small and large carriers alike are wondering how the Securities and Exchange Commission’s proposed climate disclosure rules could affect their businesses. The regulations would require publicly traded companies to make climate risks and impacts available to investors and the public. […]

June 24, 2022

The miles may be long in trucking, but the grind also occurs at a more granular level. “Trucking is a business of ‘a little goes a long way,’” notes Reliance Partners Director of Safety Robert Kaferle. Everything from contracts to […]

May 26, 2022

A shift in goods being swiped by cargo thieves indicates that criminals targeting the trucking industry are returning to pre-pandemic activity. “We’re kind of back at a normal level — post the shutdown and the pandemic,” Keith Lewis, vice president […]

December 23, 2021

Deal flow was heavy in the trucking industry during 2021. Most players in the space have seen multiple quarters of record earnings and cash flows. Whether it was looking for a place to put newfound cash to work, adding drivers […]

October 21, 2021

American Trucking Associations has sent a letter to the Biden administration expressing “grave concern” over the potential damage that the president’s plans for a COVID-19 vaccine mandate for many businesses — including trucking companies — could cause for the country. […]

October 20, 2021

Trucking is short at least 80,000 drivers, and as freight volumes rise, so too does the need for more workers behind the wheel. Many have retired because of the COVID-19 pandemic, and new drivers entering the industry have been slow […]

August 20, 2021

The simple truth is that the low retention rates prevalent in the trucking industry are nothing more than a business challenge gone unchecked. Being in the trucking industry exaggerates this challenge by being capital intensive and having very few restrictions […]

July 19, 2021

A long-standing gap between how the U.S. Department of Transportation and the U.S. Department of Labor view driver wages must be bridged before the trucking industry will have a shot at curing its chronic driver retention problem, according to a […]

July 8, 2021

Federal officials met with trucking industry representatives to discuss driver retention and supply chain issues July 8. Transportation Secretary Pete Buttigieg was joined by Federal Motor Carrier Safety Administration Deputy Administrator Meera Joshi and Labor Secretary Marty Walsh at the […]

May 19, 2021

A Senate proposal to impose a vehicle-miles-traveled fee exclusively on commercial vehicles drew a strong rebuke from the leaders in the trucking industry. During a May 18 Finance Committee hearing to explore funding solutions for the country’s infrastructure system, Sen. […]

March 18, 2021

Economists predict the United States economy broadly and the trucking economy specifically are poised for a rocket-like recovery in the second half of 2021, propelled by $1.9 trillion in federal stimulus and millions of Americans who will receive COVID-19 vaccinations […]

December 1, 2020

KLLM Transport Services and Pride Transport joined the surge of trucking companies set to raise driver pay. Pride Transport increased driver pay by 4 cents per mile Dec. 1. KLLM announced the same day that it is rolling out one […]

October 7, 2020

As capacity tightens in the trucking industry, some carriers are beginning to announce pay hikes. While the frequency of these increases are not yet nearing the rapid pace of hikes the industry saw during the busy year of 2018, some […]

September 20, 2019

After several years of fanfare and debate over when and how self-driving commercial vehicles would reach the market, early forms of this technology are beginning to become an option in new trucks. The first trucks equipped with auto­mated steering features […]

August 1, 2018

Security experts had long warned the transportation industry was a major target for cyberattacks — then, a bombshell malware incident levied against international ocean shipper A.P. Moller Maersk publicly laid bare what was at stake. Several months after the so-called […]

June 8, 2018

If autonomous vehicles are the future of the trucking industry, what is the future of the truck driver? On the surface, it might appear to some casual observers that automation could soon spell the end of the truck driving profession, […]

April 26, 2018

Spending on truck freight services surged nearly 25% and freight shipments grew 12.6% in 2017 as the economy expanded and the trucking industry paid more to obtain capacity and on driver compensation, according to the U.S. Bank Freight Payment Index. […]

March 9, 2018

The trucking industry needs to hire about 30,000 maintenance technicians to keep up with demand. To meet this challenge, fleets and maintenance providers are working to get the most from the technicians they have while aiming to attract new techs […]

January 16, 2018

A stronger economy has helped area shipping and logistics companies grow and increased freight prices and the number of orders for new trucks, a local business owner says. It’s a “perfect storm” for freight companies and the trucking industry, said […]