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.
Which stops are preferred by truckers? We look at the 2018 King of the Road survey from Atlas Van Lines to find out.
Right now it’s actually not a dearth of coders that we face; it’s a dearth of people who possess the skills necessary to manage others, including one’s own self.
October of 2018 has been very different from the same month a year ago thus far. We have had 2 major hurricanes make landfall and the economy is still strong. So why does it seem so different?
VAYAVISION, an Israeli startup that works on providing raw data fusion and perception systems for autonomous vehicles has raised $8 million in seed financing, which it plans to invest in its productization process.
From on-demand trucking to blockchain, loadboards and freight matching, the list of companies bringing innovative technologies to the freight industry is growing by the day, which makes the 100 that have made the cut to be honored by the FreightWaves Research Institute as part of its inaugural Freight.Tech 100 all the more special.
SONAR’s signature index has a birthday; Ocean Network Express to lose $600M; oilfield service companies guide for tight margins in Q3; President Trump bails on coal industry incentives; pros and cons of blockchain in container shipping; spending 60,000 hours reverse-engineering a Tesla Model 3.
Housing starts fell more than expected in September, as the impact of Hurricane Florence caused a massive decline in construction activity in the South. This put a damper on what would otherwise be a decent report and leaves some uncertainty about the underlying strength of one of the key components of freight demand.
The Blockchain in Transport Alliance (BiTA) is pleased to announce that BP, a global energy leader, has joined the organization.
Although some of its individual ORs were less than a year ago, the company said its 14-month record on OR is its best ever.
German logistics giant DB Schenker is partnering with what3words to help its customers optimize supply chains by specifying accurate pick-up and drop-off points through three-word addresses.