On Dec. 18, the first day of the ELD mandate, DAT data showed tight capacity across the country. FreightWaves spoke to DAT analyst Mark Montague about the crunch. "The map shows posted loads over posted trucks. We saw these ratios go up before the hurricanes and the retail season started, but the reason there’s so much pressure in the market is that all these factors are combining. A strong economy, late December surges in retail volume, and ELD fines beginning all at the same time. Now that we’re a week out from Christmas, it should slow down… but instead I don’t see anywhere in the country at all where there’s softness," Montague told FreightWaves.
Knight-Swift’s revenues stabilized despite fewer trucks and shorter length of haul, and the two brands managed to increase their efficiency and improve operating ratios.
DAT is reporting dry van rates are decreasing. The Tender Rejection Index is indicating this trend should continue over the next few weeks.
As machines become more intelligent over time, it is important to look into how powerful the systems can get and the things that could go wrong under such circumstances.
Mack Trucks said it will have a fully electric Mack LR refuse truck model with an integrated Mack electric drivetrain operating in North America in 2019 and Freightliner introduced the EconicSD low-entry, cab-over-engine waste collection truck.
The Rose Acre Farms egg recall had im-peck-able timing occuring right after the Easter season. Here is how the freight industry had a hand in egg price increases.
Becoming a “shipper of choice” is a decision. It doesn’t just happen. This infographic highlights 5 ways shippers can achieve this elusive title.
Covenant Transportation Group saw revenue and earnings increase and predicted that the second quarter presents an even bigger opportunity for the carrier.
Amazon announced Tuesday it has joined with General Motors and Volvo Cars to start offering in-car deliveries, giving its couriers access to potentially millions of vehicles in 37 U.S. markets.
Sparks fly over jurisdiction, charges of conflict of interests and a weigh station alternative.
Prices for used vehicles are expected by the company to stay flat for the remainder of the year.