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.
How can air cargo and dry van spot market rates be related? Could the movement of these two seemingly unrelated rates provide more evidence the market is slowing?
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.
Class 8 truck orders dropped dramatically in both November and December, with orders dropping below deliveries in December.
On todays episode, Chad Prevost catches up with Nick Austin about the weather, John Paul Hampstead about volumes, and John Kingston about IMO2020 as it relates to market prices.
The enthusiasm was infectious. While most companies are in the exploratory phase of blockchain, we're starting to see more and more people taking action on blockchain.
Gilbert becomes first president of fast-growing unit.
More than a foot of snow could fall in parts of the Northeast this weekend. Areas of ice, too, in major cities.
WTT episode sponsored by Redwood Logistics
First, JP drinks tap water while Chad cracks open a Hutton and Smith Basecamp Blonde. Then they tackle an abundance of big headlines from this week in all things logistics. The dynamic freight duo then spend Five Good Minutes with FreightWaves CEO Craig Fuller on building collaborations between logistics companies in Freight Alley. And then they tackle another eight headlines in under two minutes on Big deal little deal (what's the deal with you)?
To say the Sierras got some snow over the last few days would be an understatement.
U.S. Xpress Enterprises is selling its interest in its Mexican cross-border operation, but the company is not abandoning the Mexican market, says its CEO.