A perfect storm of factors has led to a historically strained market in the wake of the ongoing coronavirus pandemic. Shippers looking forward to market equilibrium should expect to continue waiting well into early 2022.
Used truck prices continue to fly higher as demand overwhelms supply of pre-owned models.
“With all the difficulty with hiring, technology is an obvious answer,” said Zach Strickland.
Daimler Trucks North America fielded hundreds of reports of loose steering, leading to the recall of 123,481 Freightliner Cascadias in the U.S. and Canada.
Shelton, Connecticut-based 3G provides TMS solutions and advanced multi-carrier shipping software.
More M&A isn’t on the immediate horizon but final-mile delivery is.
Trucking companies and trade associations say the shortfall in qualified drivers is hitting specialty segments especially hard, affecting revenue and growth.
Small carriers are opting to bring only a power unit to a brokered transaction.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mundi launches a finance tool aimed at Mexico-based freight forwarders; more manufacturing jobs are headed for Mexico; Dachser Mexico is providing cross-border services for a tuna shipper; and CBP releases a cross-border trade operational update.
Capstone Partners explains why brokerages are so expensive.
This AskWaves looks at what separates truck dispatchers from truck brokers.
Seasonal hiring begins as transportation providers plan for another big peak season. FedEx is looking to add 90,000 workers.
TCA stops short of saying it is against the mandate, but it clearly is concerned.
Times are very good for independent drivers, according to a person who works with their finances.
A truck driver agreed to transport nearly 1,000 pounds of marijuana under the watch of federal agents after his load was intercepted at the U.S.-Canada border.
Reliance Partners’ Robert Kaferle reveals how common it is for companies not to have rules in writing. No wonder driver safety remains a heated issue.
The research firm of Evercore ISI launched coverage of the 3PL sector with an enormous report.
The lack of federal grant money for truck parking again frustrates small-business truckers.
Iron Truck Services aims to give smaller fleets affordable access to services such as insurance, equipment maintenance, fuel purchasing, truck sales and rentals.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
