Profits surge as pandemic freight booms
The average dry van carrier operating ratio for Truckload Carriers Association members dipped to a multiyear low in September, falling below 94% for the first time since late 2015.
The average dry van carrier operating ratio for Truckload Carriers Association members dipped to a multiyear low in September, falling below 94% for the first time since late 2015.
Elevated demand and tight capacity have highlighted the trucking market for a few months now. Recent data points and commentary suggest this dynamic may not abate anytime soon.
The national reefer rejection index (ROTRI) topped 48% for the first time since the index’s creation this week, which could move even higher once the vaccine for COVID-19 begins being distributed in the coming months.
Valuing the accumulation of a single lesson learned every day is the secret to success. It is that small accumulation of ideas and experiences that add up to a person’s principles or standards of behavior and enhances conversations.
Management from some of the nation’s largest truckload (TL) carriers are having a tough time distinguishing between peak season and the new normal in a COVID world.
In today’s edition of The Daily Dash, the CEO of U.S. Xpress says that demand for services has plateaued. Plus, trucking could see a fundamental shift in policy and regulation, and a push to ban internal combustion engines could harm the ag sector.
TCA is hosting its 4th Annual Bridging Border Barriers, which is an informative half day session for trucking executives focused on key issues and topics affecting the trucking industry on both sides of the U.S./Canada border.
A federal order issued by President Donald Trump late in September creates new requirements for federal contractors with regards to race and sex stereotyping in workplace training.
Companies in the supply chain targeted in successful ransomware attacks face a dilemma: pay to regain access to their encrypted data and systems, or refuse, which carries its own cost.
In today’s edition of The Daily Dash, some carriers believe a proposed rule that would allow hair testing could weaken the effectiveness of the Drug and Alcohol Clearinghouse. Plus, the U.S. Postal Service cuts a deal to ensure parcel delivery and Workhorse Group blames COVID-19 for not hitting production targets.