The shippers are in the strongest pricing power position in the DHL Supply Chain Pricing Power Index history, but for all the wrong reasons. Volumes are stable, but well below normal levels, and tender rejections are at the lowest level in the index’s 3-year history.
Even though crude oil prices are collapsing, truckers will see lower prices at the pump, but maybe not historically low prices.
A new rule from the National Labor Relations Board clarifies joint-employer status under the National Labor Relations Act. With a stricter standard, employers will have more clarity around which company has legal responsibility for employees.
Daimler Trucks and Volvo Group, two truck makers lukewarm on hydrogen fuel cells, hedge their bets to leverage Daimler’s Mercedes-Benz fuel cell efforts for heavy-duty trucks.
From quarantine, Canadian truck driver Nicole Folz detailed her saga of falling ill hundreds of miles from home.
With what seems like nothing but time these days, my wife brought me an old boot box that my mother put together some 20+ years ago and said “Look what I found!!” We’ve been going through all sorts of things in the house, probably just like yourself. Not that I really wanted to do that, but I must say, I’ve learned a l
Risk is often assessed in terms of probabilities. The probabilities themselves are often calculated under the assumption of a bell-shaped (i.e., normal) distribution. This distribution assumes that extreme events are not likely. What if there are?
The 12-year-old St. Christopher’s Development and Relief Fund has seen a rise on donations. It helps injured and sick semi-truck drivers cover household expenses.
Year-over-year declines in the Cass Freight Index accelerated in March, with the shipments index declining 9.2% and the expenditures index dropping 8.2% for the month.
Do you know someone who is going above and beyond to advance safety in the trucking community? If so, now is the time to nominate them for the 2020 TCA Safety Professional of the Year – Clare C. Casey Award.
Loans under the government’s Payroll Protection Program are being approved and money is starting to flow into the hands of trucking companies.
On this holiday weekend, I want to send my best wishes to the trucking community! From the heroic drivers doing their jobs in the face of adversity, to the carrier support folks – some in offices and some working at home – thank you for your support of our drivers and customers. To the valiant technicians that arrive for work every day unknowing what and where they might come face to face with a health challenge in the course of their daily duties. To the truckstops, dealers and other support businesses that support the drivers while on the road, and sometimes when in the most need, thank you all and bless you all for a hopeful family holiday.
During a leadership webinar I presented on last week one of the things I mentioned was that there’s nothing like a crisis to bring things into perspective. While it seems that we can’t see anything at all during a time like this, I just personally experienced some clarity.
States must submit plan detailing use of technology that supports social distancing.
Government agencies and cybersecurity firms are raising alarm bells as companies shift to remote workforces without proper cyber protections in place.
Freight volumes have been dropping as businesses shut down, and that has shifted the advantage to shippers, who now hold more rate negotiation power.
Recent Truckload Carrier Association webinars on helping trucking fleets navigate through the COVID-19 pandemic are now available to watch.
Truckers are being hailed as heroes right now for delivering consumer goods and medical supplies during the coronavirus pandemic, and some believe the industry’s image may get a permanent boost.
TrueNorth’s Cook sees low returns, premium income dropping and more “selectivity” from underwriters.
We are in the middle of something we have never seen before. Trucking business owners should be seeking out conversations and relationships that can lead to business transformation, wealth preservation, and peace of mind as they consider what do to next.
