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Thomas Wasson Thursday, July 6, 2023

Loaded and Rolling: The plight of the owner-operator

The freight recession’s impact on small fleets and owner-operators gained mainstream media attention on Monday with an article by Shannon Pettypiece, a senior policy reporter for NBC News. The article related the story of Arnesha Barron, a 39-year-old driver who in 2021 became an owner-operator after working at a trucking company for six years.

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Thomas Wasson Thursday, June 29, 2023

Loaded and Rolling: Yellow stares down the precipice

Negotiations between the Teamsters union and Yellow Corp. remain ongoing, with the fate of the nation’s third-largest LTL carrier hanging in the balance. Yellow is facing stiff resistance from the Teamsters over proposed operational changes that would consolidate operations between purchased regional carriers New Penn and Holland and integrate them into Yellow’s nationwide network.

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Thomas Wasson Thursday, June 22, 2023

Loaded and Rolling: Kearney supply chain report sees ‘Great Reset’; Loadsmith orders 800 autonomous trucks

Consulting firm Kearney recently released its 34th annual Council of Supply Chain Management Professionals (CSCMP) report, “State of Logistics 2023: The Great Reset.” A major theme of the report is the great rebalancing from the carrier-dominated market of the past two years to a shipper-focused one as freight volumes fell against a backdrop of higher truckload capacity. The report notes that total U.S. logistics costs rose 19.6% in 2022 to a record $2.3 trillion or 9.1% of U.S. gross domestic product.

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Thomas Wasson Thursday, May 18, 2023

Loaded and Rolling: The problem with load boards and small carrier exodus

Load board fraud is gaining attention after The Wall Street Journal reported Truckstop, a leading load board provider, found reports of fraud increased 400% from Q4 2021 to Q4 2022, the highest level since 2004, when it began tracking the data. This article prompted Craig Fuller, CEO and founder of FreightWaves, to write an article on Tuesday arguing for massive load board providers to take greater responsibility for instances of fraud that take place on their platforms.

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Sydney Edwards Tuesday, May 16, 2023

Shoppers beware

The latest news for every retail supply chain nerd Attention shoppers and all you retail supply chain nerds. Welcome to Point of Sale: The Newsletter! Here you’ll find all the […]

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Thomas Wasson Thursday, April 27, 2023

Loaded and Rolling: Diesel technician demand remains extreme

The demand for skilled technicians to keep shops and maintenance terminals running continues to challenge recruiters due to high demand. A major source of lost utilization for fleets on the road is getting their vehicles repaired in a timely manner. A lack of technicians continues to plague shops, creating extra downtime and work order backlogs.

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Thomas Wasson Thursday, April 20, 2023

Loaded and Rolling: Martin Q1 earnings, ATA truck tonnage drops

Earnings season is upon us and the freight recession lingers worse than salmonella-carrying potato salad at a tailgate party. Wisconsin-based truckload carrier Martin Transport reported its Q1 2023 earnings Tuesday. While operating revenue improved 3.7% from $287.3 million in Q1 2022 to $298 million this year, the actual operating income declined from $35.9 million to $29 million.

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Thomas Wasson Thursday, March 16, 2023

Loaded and Rolling: Truck parking survey highlights public awareness challenges

Last month, CloudTrucks surveyed 1,000 U.S. adults about general perceptions of truck drivers and if they have heard of the truck parking shortage. The results, published in CloudTrucks’ 2023 Truck Parking Shortage Survey, highlight that while Americans generally have a positive view of truck drivers, most respondents didn’t know that the parking shortage had a major impact on their quality of life.

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Thomas Wasson Thursday, March 9, 2023

Loaded and Rolling: Knight-Swift CEO pans under-21 driver push; falling contract rates shutter North Carolina carrier

A plan to allow 18-to-20-year-old truck drivers to haul interstate cargo got a sharp rebuttal at the Truckload Carriers Association (TCA) conference by Knight-Swift President and CEO David Jackson. The plan was conceived as a way to address the driver shortage and is strongly supported by the Biden administration and the American Trucking Associations (ATA).

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