Anyone ordering a new heavy-duty truck this summer will have wait until sometime next year to get it, assuming strained manufacturing supply chains hold together. An unprecedented run of orders for big rigs has pushed the backlog at truck factories to nine months, according to industry analysts, the largest since early 2006, when truckers stocked […]
Three U.S. senators introduced legislation that would create a training program giving those under the age of 21 the opportunity to operate commercial vehicles in interstate trucking.
The recent announcement of the imminent cancellation of interline service on almost 200 joint Union Pacific Railroad-CSX Transportation lanes transiting Chicago promises to scramble peak season plans for many intermodal shippers. But setting the near-term disruption aside, what does it say about the ability for intermodal to growth longer term? It will likely result in […]
With the news last week that Uber was abandoning its autonomous commercial vehicle research business (for now, anyway) a logical take-away would be that the San Francisco-based tech company has soured on trucking. In fact, it appears Uber is doubling down on trucking.According to news reports, Uber Technologies is creating a standalone business out of […]
Data recently published by Portland, Oregon-based freight marketplace platform and information provider DAT, a subsidiary of Roper Technologies showed something atypical in the 2018 spot market, with a decline in spot market freight availability from June to July on the heels of an all-time high in June.
(LTL) shippers heading into annual contract talks with carriers this quarter should brace for another round of rate increases. The largest public LTL operators claimed mid- to high-single-digit contract rate increases in the second quarter, and they’re not finished. (This article requires registration at The Journal of Commerce. To access, please click on the above […]
In the past few months, many fleets have increased wages in an attempt to find and keep new drivers. Facing high turnover and fewer entrants to the industry, these companies are competing for a pool of talent that is only thinning out each year. But the life of a truck driver can be difficult, and […]
To say that the first half of 2018 was “a period of both extreme volatility and unprecedented imbalance between capacity and demand for trucking services in North America” at first sounds like hyperbole. But if you ask anyone who lived through it, they’ll probably tell you it’s an understatement.
A shortage of truck drivers that has been simmering in the U.S. for years has reached a full boil, causing anxiety from small factories to the Federal Reserve. Trucking companies have responded by raising wages and boosting their hauling fees. Their customers then have to choose between smaller profits or passing along the higher costs, […]
You never get a second chance to make a first impression. That old chestnut could have served as the title to Stay Metrics’ latest white paper. Instead, the analytics firm, which specializes in driver retention, engagement and training, went with a couple of cover-page questions: “Is Early Turnover Damaging the Business? How and What Can […]
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