The negative data and commentary centered on the lack of a seasonal increase in demand is forcing analysts to meaningfully lower earnings estimates and the outlook for the sector.
DREAMSTIME by FreightWaves’ Chief Economist Ibrahiim Bayaan Economic data from the goods side of the economy showed some signs of life in May, as growth in retail sales and industrial production exceeded expectations during the month. This is an encouraging sign that activity may be stabilizing in the second quarter, though details in manufacturing point […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner Even though no one has officially designated June as “Detention Time Awareness Month,” the issue has received plenty of publicity in recent weeks. First, the Federal Motor Carrier Safety Administration (FMCSA) published a request for information in the Federal […]
Ashley Coker IMAGE: JIM ALLEN/FREIGHTWAVES Data across all modes of traffic is signaling a dramatic slowdown in the freight market, but U.S. gross domestic product (GDP) continues to come in strong. FreightWaves Chief Economist Ibrahiim Bayaan and FreightWaves CEO Craig Fuller teamed up to explain this apparent disconnect. Bayaan and Fuller regularly host a webinar, […]
The first-of-its-kind award was created to recognize shippers committed to eliminating inefficiencies from the supply chain and aiming to be excellent partners for their carriers.
R. Eddie Wayland, TCA Legal Counsel IMAGE: SHUTTERSTOCK The employee, a male executive, failed to allege claims for actionable sex discrimination and sexual harassment where he failed to allege that the complained-of conduct occurred because he was a man. This case is a good case for employers to be familiar with because it illuminates Title […]
IMAGE: JIM ALLEN/FREIGHTWAVES Guest post by FreightWaves’ Clarissa Hawes The International Roadcheck inspection blitz kicked off earlier this week in North America, but some U.S. truckers reported that scale houses in some states were closed or they were waved through the scales because inspectors were busy reviewing other commercial vehicles. Truck driver Joel Morrow ran […]
Guest post by FreightWaves’ Noi Mahoney For the first time in its 168-year history, Port Laredo is number one. Laredo, Texas surpassed Los Angeles, California as the nation’s busiest trade hub, including airports, seaports and international border crossings. Port Laredo did $20.09 billion in trade during the month of March (according to the latest Census […]
Ashley Coker IMAGE: SHUTTERSTOCK About 551 people were victims of workplace homicide each year between 2006 and 2010, according to the Census of Fatal Occupational Injuries (CFOI) conducted by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). Strategos International Executive Vice President Mark Warren works to train employers and employees to recognize the […]
FreightWaves, the leading data and content source for the freight markets, has acquired StakUp Inc., as part of a multi-faceted partnership with the Truckload Carriers Association (TCA) that will build on a previously announced data and marketing agreement, established in November 2018. StakUp is the developer of the ‘inGauge’ online benchmarking platform, used exclusively by […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner News recently broke that General Motors (GM) and Bechtel, the largest construction company in the U.S., will partner to create a new company dedicated to building a network of electric vehicle (EV) charging stations across the country. While no […]
The mandatory adoption of electronic logging devices (ELDs) has given decision-makers the ability to access a wealth of data they never knew they needed. The tough part is attempting to sift through and draw insights from that data.
Guest post by FreightWaves’ John Kingston The highway and viaduct that now shoots truckers and others straight through the heart of Syracuse on interstate 81 might be no more under a plan making its way through an approval process. Instead, drivers will need to circle the city on what is now interstate 481 if the […]
R. Eddie Wayland, TCA Legal Counsel JIM ALLEN/FREIGHTWAVES The employee, on behalf of a class of drivers, sued a motor carrier/delivery services provider and its carrier subsidiary (“Defendants”) for failure to provide meal and rest periods in violation of California Labor Code §§ 226.7 and 512, and Wage Order 9-2001 §§ 11, 12, among other […]
The Truckload Carriers Association (TCA) has partnered again this year with the Alliance for Toll Free Interstates (ATFI). ATFI is a national coalition comprised of individuals, businesses, and organizations working to maintain the longstanding policy of protecting existing interstates from new tolls. As a partner, TCA is working with like-minded businesses and organizations to push […]
Guest post by FreightWaves’ John Kingston The introduction of the drug and alcohol clearinghouse in January 2020 is going to have a bigger impact on truck capacity than the recent implementation of the electronic logging device (ELD) rule, according to Eric Fuller. Fuller, the CEO of U.S. Xpress (NYSE: USX), made the remarks on a panel […]
Ashley Coker Improving efficiency within maintenance offers the biggest potential for improved profitability of any category within a trucking company. That’s why one of this summer’s TCA Profitability Program (TPP) seminars is all about maintenance workflow. “Being organized and scientific about your maintenance pays huge dividends,” TPP Program Manager Chris Henry said. “Without a doubt, […]
IMAGE: SHUTTERSTOCK Guest post by FreightWaves’ Zach Strickland After lulling the world economy into a false sense of security, U.S. government decided to raise tariffs on $300 billion of Chinese goods to as much as 25% last week. The list of goods is extensive, covering sneakers to coffee makers. The threat of increasing tariffs completely […]
Ashley Coker Knowing how to access and utilize quality data has become an integral part of running a successful trucking company, but many decision makers have been left scrambling to keep up with changing technological demands. To help combat that problem, TCA Profitability Program (TPP) will host a seminar dedicated to keeping people in the […]
The Truckload Carriers Association has been recognizing Highway Angels, or professional truck drivers who demonstrate compassion and courage on the road, since its 1997 inception. Recently, seven standout drivers received the honor for acts of heroism performed. “Their good deeds range from simple acts of kindness, such as fixing a flat tire, to heroic life-saving […]
