Trucking

Chris Henry Friday, March 29, 2019

First trade executed morning of Trucking Freight Futures launch

Ashley Coker FREIGHTWAVES CEO CRAIG FULLER REACTS TO NEWS OF FIRST TRADE / IMAGE: JOSH RODEN, FREIGHTWAVES FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m. The […]

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Chris Henry Thursday, March 28, 2019

The infrastructure clock is ticking

(SOURCE: SHUTTERSTOCK) By TCA Vice President of Government Affairs Dave Heller & TCA Manager of Government Affairs Kathryn Sanner As March comes to a close, the timeline for Congress to produce a viable infrastructure plan is getting shorter. Realistically, if a proposal is to pass through both the House and the Senate, then make its […]

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FreightWaves Staff Wednesday, March 27, 2019

Ryder appoints new CFO, EVP

Ryder System, Inc. (NYSE: R), a commercial fleet management company, announced the appointment of Scott T. Parker as executive vice president (EVP) and chief financial officer (CFO) to succeed Art Garcia, who announced his retirement in September 2018.

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Chris Henry Wednesday, March 27, 2019

Congress is losing its appetite for ELD exemption requests

Ashley Coker (SOURCE: SHUTTERSTOCK) With less than nine months to go before the ELD mandate’s full compliance phase kicks in, TCA Vice President of Government Affairs Dave Heller is urging fleets still utilizing AOBRDs to start making the transition sooner rather than later. During phase two of ELD mandate enforcement, fleets that installed AOBRDs before […]

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Chris Henry Tuesday, March 26, 2019

An empowered team: Compound interest for your business

Chris Henry, Program Manager, TCA Profitability Program (SOURCE: SHUTTERSTOCK) “Empowerment is not giving your people the ability to make decisions. Empowerment is the giving your people the ability to mistakes” – Steve Hitchcock, COO of Duncan and Son Lines The above quote got me thinking deeply about empowerment – true empowerment, which also requires a […]

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Chris Henry Monday, March 25, 2019

Detention time continues to creep up at docks across the country

Ashley Coker IMAGE: SHUTTERSTOCK Detention time has climbed over the last couple of months, in conjunction with a stabilizing freight market. FreightWaves’ SONAR shows a sharp decrease in outbound tender rejection rates compared to all of 2018. This indicates that carriers are being more compliant with their contracted rates and turning to the spot market […]

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Chris Henry Friday, March 22, 2019

Truckload companies volunteer to haul ‘The Wall That Heals’ to honor Vietnam veterans

IMAGE: VVMF The Vietnam Veterans Memorial Fund (VVMF) presented awards to recognize the efforts of Truckload Carriers Association (TCA) members who volunteered their time and equipment to haul The Wall That Heals in 2018. The presentation was made by VVMF’s Director of Outreach Tim Tetz during TCA’s 81st Annual Convention at the Wynn Las Vegas Resort in […]

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Chris Henry Thursday, March 21, 2019

Tackling driver turnover part 5: Recognition or esteem needs

IMAGE: SHUTTERSTOCK By TCA Retention Coach Ray Haight Recapping what we have learned so far from this series of articles would have us remember step one, which was creating a firm foundation for change starting with a commitment from the senior leadership. Step 2 was determining where you are in the marketplace for driver compensation […]

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Chris Henry Wednesday, March 20, 2019

J.D. Power: Auction market stable, used truck sales per dealership climb somewhat

Ashley Coker IMAGE: JIM ALLEN/FREIGHTWAVES Some highlights from this month’s J.D. Power Commercial Truck Guidelines industry update: Volume at auction on the rise The number of trucks sold at auction rose moderately in February, which the report called a “encouraging data point” for a month without many auctions on the calendar. Pricing trended lower, but […]

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Chris Henry Tuesday, March 19, 2019

National Labor Relations Board reverts to previous independent contractor standard

R. Eddie Wayland, TCA Legal Counsel IMAGE: JIM ALLEN/FREIGHTWAVES The National Labor Relations Board (NLRB) recently issued an important decision related to the classification of workers as either employees or independent contractors under the National Labor Relations Act (NLRA). The decision is important because it overrules changes made to the independent contractor analysis under the […]

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Chris Henry Monday, March 18, 2019

Are the good old days of truck driving right now?

IMAGE: JIM ALLEN/FREIGHTWAVES By Steve Hitchcock, COO of Duncan and Son Lines I’ve read a couple of books recently that made me happy: “Factfulness” by Hans Rosling and “Enlightenment Now” by Steven Pinker.  Each book flies in the face of the doom and gloom we see and read every day in our news and other […]

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