Amanda Schuier, strategic maintenance director at Jetco Delivery, highlights the unique challenge of engaging with and retaining truck drivers and diesel technicians.
The National Transportation Institute (NTI) recently released Q4 2023 driver pay data that shows driver earnings continue to climb in spite of the freight market undergoing a correction. Drivers’ base mileage pay brackets saw a shift, with the 40-to-50-cents-per-mile pay bracket falling 5.2% year over year as fleets raised wages to attract and retain drivers. The 50-to-60-cents-per-mile bracket saw a 6.1% y/y increase.
Trailer orders are returning to pre-2020 normal rates, even with a 38% month-over-month decline in November.
On Thursday FreightWaves presented the FreightTech 25 awards, which were chosen independently by a panel of CEOs, industry leaders, academics and investors who scored the companies. Chattanooga, Tennessee-based accounting and auditing firm HHM administered the vote. The awards recognize the most innovative and disruptive companies in the freight technology sector.
Turning grieve into advocacy, mothers Marianne Karth and Lois Durso are pushing for mandatory side underride guards be added to tractor-trailers. On Thursday, they read the names of nearly 750 victims of underride crashes at DOT headquarters in Washington.
Earnings season is upon us and the freight recession lingers worse than salmonella-carrying potato salad at a tailgate party. Wisconsin-based truckload carrier Martin Transport reported its Q1 2023 earnings Tuesday. While operating revenue improved 3.7% from $287.3 million in Q1 2022 to $298 million this year, the actual operating income declined from $35.9 million to $29 million.
A plan to allow 18-to-20-year-old truck drivers to haul interstate cargo got a sharp rebuttal at the Truckload Carriers Association (TCA) conference by Knight-Swift President and CEO David Jackson. The plan was conceived as a way to address the driver shortage and is strongly supported by the Biden administration and the American Trucking Associations (ATA).
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index increased 2.8% in August after a disappointing 1.5% drop in July. The ATA data primarily relates to contracted freight tonnage volumes and is a useful indicator of shipping activity.
FreightWaves, in partnership with MerQube, an index provider, on Tuesday released a supply chain tech index. This index is composed of companies identified by FreightWaves and MerQube as supply chain tech companies and traded on developed market exchanges.
FreightTech 100 nominations end soon It’s the second most wonderful time of the year behind college football returning. If you or someone you know is innovating or disrupting the freight industry, the nominations for the annual FreightWaves FreightTech 100 are ending on Friday. To submit a nomination, use the link here. An external peer group […]
ATRI: Costliest year ever in trucking On Wednesday, the American Transportation Research Institute (ATRI) released its annual report on the operational costs of trucking. The report, which has been published annually since 2008, is based on motor carrier financial and operations data from 2021. Below are some highlights from the report and press release: Total […]
This week: Trucking Cares donates to Ukraine relief funds, Bendix supports hospice Pappus House and the UPS Foundation celebrates Women’s History Month.
A diverse coalition of trucking groups is urging the California Air Resources Board to consider alternative solutions to enforcement of an emissions rule that would require upgrades to 2010 model year or newer diesel engines by Dec. 31.
OOIDA is urging U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau to exempt cross-border truckers from vaccine rules implemented in mid-January.
Los camioneros estadounidenses planean un convoy a Washington
Immediate Past ATA Chair Sherri Garner Brumbaugh joins the show to discuss ways to introduce trucking to younger drivers, especially to more women.
A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.
This week: Lineage Logistics launches Foundation for Good, Trucking Cares Foundation honors Walmart driver and J.B. Hunt wins 12th consecutive award from the EPA.
This week: A Kenworth truck is set to deliver the U.S. Capitol Christmas tree for the eighth time; a project44 partnership offers camper vans for employees to work from anywhere; and ATA’s road team delivers supplies to Afghan refugees in Wisconsin.
Anna Faford, VP of strategy for C&K Trucking, joins this week’s episode to discuss what got her into the industry, as well as how the driver shortage challenges are impacting the intermodal/drayage business.
