Tag: trucking

December 1, 2023

Major trucking companies and brokers who book their freight are pressuring the Federal Motor Carrier Safety Administration to attach a safety rating to carriers operating without such a rating — a situation that exists for over 90% of the freight […]

November 28, 2023

Used truck prices fell about 4% a month in the first 10 months of the year. But the rapid rate of depreciation might be coming to an end. “The past three months’ less-than-expected declines present mounting evidence of pricing stability,” […]

November 14, 2023

Trucking executives are ready for a market turnaround. During Q3 earnings calls, C-suite leaders provided some optimism that the freight cycle could turn this quarter or early next year. Addressing investors and answering analyst questions, executives with Ryder System, Schneider […]

November 10, 2023

Lior Ron is a fan of autonomous trucking. You might even say the founder and CEO of Uber Freight loves the idea of driverless trucks. But as the late Tina Turner asked, “What’s love go to do with it?” The […]

October 25, 2023

Congestion cost trucking companies a record $94.6 billion in 2021, according to a new study published by the American Transportation Research Institute, with Nevada, Louisiana, Georgia and California seeing the biggest rate increases from a 2016 baseline. “Whether it is […]

September 15, 2023

New Jersey-based Accurate Transport, a regional transportation and logistics company, recently announced that its new terminal hub in Houston began full operation on Aug. 28. “We are thrilled to open our most advanced terminal hub yet, right here in Houston,” […]

August 31, 2023

High detention times have plagued the industry for years. The impact that wait times have on carriers and drivers – including lost time, money and safety – are well documented. Shippers, however, continue to have misconceptions about wait times and […]

August 23, 2023

Some freight carriers are forecasting a range of modest or moderate market improvements this peak season. Others have projected an upturn could come in 2024. J.B. Hunt’s potential for improvement rests on consumer behavior, and the company has a mixed […]

July 27, 2023

Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence, was recently introduced in the U.S. Senate. Republican Sens. Deb Fischer of Nebraska and Mike Crapo of Idaho, sponsors of the Motor Carrier Safety […]

July 13, 2023

Freight stakeholders are calling on congressional policymakers to further facilitate access to military bases and installations. The groups, representing trucking as well as moving and storage companies, point to a provision tucked in the annual defense policy bill. The legislation […]

June 27, 2023

Many of the major players in the trucking industry say they generally are supporters of the goals of the U.S. Environmental Protection Agency’s aggressive Phase 3 proposed rule, but they have concerns that the phase-in is moving too fast. EPA’s […]

May 26, 2023

Peace Equipment LLC, a company headquartered in Edcouch, Texas, filed for Chapter 11 bankruptcy protection this week, citing rising operating costs and “reduced income in the trucking industry.” The company also noted merchant cash advances as being a contributing factor […]

May 18, 2023

The trucking industry stumbled through the first quarter amid a slowing economy and high inventories, according to experts. “Broadly, numbers had to come down,” Wells Fargo analyst Allison Poliniak-Cusic said. “Things are a bit muted than maybe we anticipated as […]

March 23, 2023

The Next Generation in Trucking Association is using a recently awarded grant to expand a driver training program for high schoolers beyond its California roots. Co-founder and President Lindsey Trent said Next Generation in Trucking earlier this month was awarded […]

March 7, 2023

Trucking company owners looking to sell their business or buy a new one got an hour’s worth of advice here from three executives who recently went through the process. “Whether you want to sell or not, if you don’t have […]

February 28, 2023

The American Transportation Research Institute wants carriers to weigh in on whether federal drug testing policies for CDL holders should change, given the growing number of states legalizing marijuana. More than 20 states, most recently Maryland and Missouri, have now […]

February 27, 2023

The national average price for diesel finished February with a flourish, dropping 8.2 cents a gallon to reach $4.294, according to Energy Information Administration data released Feb. 27. Highlights Diesel has shed 24.5 cents over the past three weeks and […]

February 10, 2023

Shifting consumer habits, market dynamics and tax incentives could further spur fleets to use technologies to maximize efficiencies for trucks, lowering long-term costs for carriers. Despite hazy economic conditions, new tax rebates for green trucks and advancements in self-driving vehicle […]

January 31, 2023

As freight demand declines and budgets tighten, hiring and retention are expected to remain a challenge for trucking in 2023, according to executives of three top U.S. trucking associations. Leaders of the Truckload Carriers Association, the American Trucking Associations and […]

January 23, 2023

Rough start to 2023 for dry bulk, tThe softness in the U.S. economy impacts truckload carriers more severely than their LTL brethren because truckload capacity is greater and there are fewer barriers to entry, industry executives said Monday. At the […]