November 11, 2022
Via: FreightWavesDoing a search on the word “trucking” embedded in comments on the Department of Labor’s proposed independent contract rule results mostly in criticisms of the proposal, but it’s far from unanimous. Most of the comments to the rule read by […]
November 7, 2022
Via: Transport TopicsThe national average price of diesel nudged up 1.6 cents to $5.333 a gallon, according to Energy Information Administration data released Nov. 7. Highlights • The average price of diesel has increased in four of the past five weeks. The […]
October 28, 2022
Via: FreightWavesExpanding a strategy aimed at clearing congested U.S. container ports by using more off-site space must take into account potential added costs related to trucking as well as other factors, according to feedback obtained by federal transportation officials. The plan, […]
September 12, 2022
Via: Transport TopicsThe upcoming retail holiday season is likely to see slower sales below the surging pace of 2021 as the U.S. economy’s pace of growth slows to a much lower level, which will have an impact on the amount of freight […]
August 19, 2022
Via: FreightWavesEarlier 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 […]
June 24, 2022
Via: FreightWavesRecruiting drivers is becoming more difficult. With the country navigating a weakening economy, companies industry wide are struggling to hire and retain drivers. According to Andrei Zakhareuski, CEO of Driving Tests, rising attrition rates across the industry can and will […]
June 24, 2022
Via: FreightWavesThe 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 13, 2022
Via: Transport TopicsA bill introduced in the Massachusetts Legislature aims to eliminate a tax on vehicles owned by motor carriers in the state. The measure, introduced by Rep. Bradley Jones Jr. (R), would provide an exemption from a “rolling stock” tax for […]
April 29, 2022
Via: FreightWavesThe issue of driver shortage and retention has been widely discussed in the logistics industry over the past several years. However, according to Vorto CEO Priyesh Ranjan, retention challenges are just a symptom of the true issue plaguing the driver […]
April 4, 2022
Via: Transport TopicsThe latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers. Transportation shares, especially trucking and […]
April 4, 2022
Via: Transport TopicsStanding alongside three Class 8 trucks parked outside the White House, President Joe Biden described a federal apprenticeship program designed to accelerate commercial driver license training as a “key ingredient” to boosting recruitment efforts in trucking. Biden, during an April […]
March 9, 2022
Via: FreightWavesThe number of zero-emission truck and bus models on the market will grow by 26% from 2020 until the end of 2022, according to data released by clean transportation technology provider Calstart on Wednesday. Calstart updated its Zero Emission Technology […]
January 12, 2022
Via: FreightWavesWith e-commerce redrawing the landscape for freight transportation, a new Atlanta-based carrier recently launched as a middle-mile market provider across the South, Midwest and mid-Atlantic regions. Ascend is a dry van, full truckload company with a family culture that innovates […]
December 23, 2021
Via: FreightWavesDeal 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 […]
December 17, 2021
Via: Transport TopicsA long-awaited federal bill that will fund upgrades to the nation’s highway infrastructure was finalized during 2021, the culmination of tough legislative effort and a welcome outcome for trucking. After nearly a year of negotiations, Congress passed a $1 trillion […]
October 25, 2021
Via: Transport TopicsTrucking industry executives and insiders are at the home of the country music industry this week to celebrate commercial drivers’ contributions, and outline forward-looking strategies designed to address supply chain woes. Transport Topics caught up with American Trucking Associations Chairman […]
October 5, 2021
Via: FreightWavesThe U.S. Supreme Court on Tuesday denied review of the AB5-related Cal Cartage case. But the decision does not directly impact the more significant case regarding AB5, the state’s independent contractor law, by the California Trucking Association, which is also […]
September 13, 2021
Via: FreightWavesAugust data from Cass Information Systems shows a sequential surge in expenditures, a proxy for freight rates, with shipments stepping higher as well. The year-over-year comparisons for both subindexes were materially higher again. Freight rates up and to the right […]
August 20, 2021
Via: FreightWavesThe 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 […]
April 5, 2021
Via: FreightWavesCommercial truck driver jobs are forecast to make some of the biggest gains if the Biden administration’s infrastructure package can get through Congress without major revisions, according to a report analyzing the plan. The report, by Georgetown University Center on […]