On Tuesday, FreightWaves Research released survey data suggesting declining freight conditions are impacting owner-operators especially hard. An important takeaway is the potential for many more owner-operators to leave the industry if conditions do not improve.
Echo Global Logistics’ contractual sourcing and continuous movement programs are helping owner-operators stay the course amid market volatility.
Aligning with a carrier’s independent contractor fleet provides added resources that assist with the stability of their long-term success — in both good and bad market conditions.
FreightWaves recently conducted a survey of owner-operators outlining business issues and outlooks on profitability in 2022 compared to the previous year.
A common theme during the downward swing in the cyclical freight market cycle is the movement of owner-operators in and out of large fleets.
While times of uncertainty like these can be troubling, what goes up must come down – or at least level off. The price of diesel fuel is projected to lower to a national average of $3.09 in middle and latter parts of the coming year, offering a sigh of relief for trucking.
TCA firmly believes the trend of California-specific legislation becoming the national standard must end.
Trucking’s ever-changing demographics make the thoughts and opinions of minority drivers increasingly an invaluable asset.
In today’s edition of The Daily Dash, it’s been one year since the collapse of Celadon, and FreightWaves talks to some former drivers. Plus, Estes has been hit with a COVID-related lawsuit and Covenant is bumping up driver pay.
