Trucking

FreightWaves Staff Saturday, April 13, 2019

Down Under Trucking: spate of horror crashes; law reform; commercial truck sales

Down Under Trucking: a weekly round-up of trucking news from Australia. The country has been struck by a spate of horrible crashes of trucks with multiple trailers have rolled over. On the corporate side, a major trucking-related hostile takeover has broken out. Politicians in Queensland are seeking to modify the Heavy Vehicle National Law and, on the commercial front, truck sales appear to be coming off the boil from last year’s red-hot market.

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Chris Henry Friday, April 12, 2019

The true cost of turnover comes in at almost $11,000 per hire

Chris Henry, Program Manager, TCA Profitability Program IMAGE: SHUTTERSTOCK Although capacity has risen dramatically in the past six months, one fact remains unchanged: there is a shortage. However, that shortage is not a general driver shortage. It is a critical shortage of quality drivers. Survey any random group of carriers and drivers, and this fact […]

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Chris Henry Thursday, April 11, 2019

Amazon’s disintermediation strategy: What it means for carriers

Chris Henry, Program Manager, TCA Profitability Program IMAGE: JIM ALLEN/FREIGHTWAVES “You margin is my opportunity” —Jeff Bezos, Amazon Founder and CEO Over the next month, we will be bringing forward the concept of disintermediation, and specifically the companies and market forces likely to lead disintermediation within trucking (some are already actively doing it). I should […]

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Chris Henry Wednesday, April 10, 2019

Trucking industry leaders included in new TSA transportation security committee

Ashley Coker IMAGE: SHUTTERSTOCK A handful of trucking industry leaders will sit on the Transportation Security Administration’s (TSA) new Surface Transportation Security Advisory Committee. The committee will draft recommendations on surface transportation security. The committee will consider topics like development, refinement and implementation of policies, programs, initiatives, rulemakings and security directives, according to a TSA […]

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Chris Henry Tuesday, April 9, 2019

Outbound freight volumes climb in Midwest markets

Ashley Coker Several markets across the Midwest are experiencing climbing freight volumes, evidenced by jumps in FreightWaves’ SONAR’s Outbound Tender Volume Index (OTVI) values. Cleveland, Indianapolis and Milwaukee saw some of the most significant increases. (IMAGE; FREIGHTWAVES’ SONAR) OTVI is an index of accepted outbound tender volumes on a given day. The index was created […]

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Chris Henry Monday, April 8, 2019

Trucking employment falls for the first time in 11 months

PHOTO CREDIT: SHUTTERSTOCK Guest post by FreightWaves’ Chief Economisr Ibrahiim Bayaan Job growth rebounded nicely in March as employers added nearly 200,000 workers to payrolls during the month. This strength in hiring did not translate to the trucking industry however, where payrolls declined for the first time in nearly a year. The Bureau of Labor […]

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Chris Henry Wednesday, April 3, 2019

Government rollout of truck crash prevention program could come sooner rather than later

PHOTO CREDIT: SHUTTERSTOCK Guest post by FreightWaves’ John Gallagher A formal rulemaking likely will not be required to make permanent a federal demonstration project that seeks to assign proper blame for trucking accidents. The 24-month “Crash Preventability Demonstration Program” that was launched by the Federal Motor Carrier Safety Administration (FMSCA) in August 2017 will end […]

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Chris Henry Tuesday, April 2, 2019

California Supreme Court protects independent payroll service provider from suit

Ashley Coker IMAGE: SHUTTERSTOCK The employer in this case hired an independent payroll service provider to take over all the payroll tasks that would otherwise be performed by an internal payroll department. A former employee sued the employer and the payroll company on multiple claims, including breach of contract, negligence, and negligent misrepresentation.  The payroll […]

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Chris Henry Monday, April 1, 2019

Overturned trucks spill crabs, milk onto roadways

Ashley Coker IMAGE: PARKSLEY VOLUNTEER FIRE COMPANY Motorists were in a pinch after load of crabs spilled onto a Virginia street Saturday afternoon. The driver hauling the crabs ran off the roadway, then attempted to overcorrect, according to Hopeton, Virginia emergency responders. The driver had to be extricated from the truck, but he sustained only […]

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