Mexico will enact a law regulating truck drivers’ hours of service this week. It is the first law of its kind in Mexico, as driving time has never been managed on the federal level before.
Cashflow Corner presented by TriumphPay …Regular budget forecasting can help businesses better manage their cash flow and help identify potential revenue problems.
As schools are back in session this month, students across the country are stocking up on easy, cheap, dorm-friendly foods. Most notably, instant ramen noodles. They’re certainly a hot commodity this time of year—so hot, in fact, that thousands of dollars worth of ramen has gone missing outside of Atlanta.
Joe DeLorenzo, director of the Office of Enforcement and Compliance for FMCSA, went through some of the common problems the agency is seeing since the ELD mandate went into effect, and there have been plenty.
The Dry Van Weekly Barometer is predicting stronger contract pricing in coming months. Even though it has pulled back from extreme highs, it continues to reflect one of the highest levels of demand in excess of capacity in the history of the barometer.
Uber Freight is gobbling up $500M per year; the US and China hit each other with a new round of tariffs; Georgia Ports extends its inland intermodal network; Saudi Arabia’s Aramco IPO indefinitely delayed; cannabis supply chains mature; Houston is now an oil exporter.
Uber Freight continues to gain scale as the company doubles-down on the business
For those in the trucking industry, Mack Trucks – with its 111-year heritage – is certainly an iconic brand. For new Mack Trucks President Martin Weissburg, that was reinforced over the past four years as he led Volvo Construction Equipment in Europe.
All three modes of truckload freight are reflecting an environment in which demand exceeds capacity by a wide margin, which sets up for continued strong contract pricing.
Shippers feel like they’re in uncharted territory even a year into an extremely strong trucking cycle, and they’re adapting in a number of ways, including building depth into routing guides, accepting lower service levels, and extending tender lead times.
In partnership with Reliance Partners …If you’re obsessed with growth, you’ll love the report. If you’re obsessed with logistics and the movement of freight, you’ll love the news even more.
While carriers and shippers can’t change the weather, they can learn to work with it – or at least around it. That’s where the expertise of a company like AccuWeather comes in handy.
This week’s freight market continues the same patter toward stability, but volume remains steady as we move towards a more volatile time of year.
Land O’Lakes is moving Purina Feed loads via the Uber Freight app along several lanes, including one in Texas where 100% of the loads are posted to the app.
The Freight Movement is in partnership with Arrive Logistics …The continued speculation over global trade and tariffs has increased the uncertainty that manufacturers and the businesses that support them face, but it hasn’t dampened optimism.
In partnership with Reliance Partners …Among other things, women are known to take fewer risks on the road and also drive more carefully compared to men, thereby reducing the number of accidents caused due to negligence.
The transportation industry continues to problem-solve the driver shortage, and carrier-created training programs are on the rise. One such program is offered by Holland, a regional carrier based in Holland, Michigan.
As polls open today for Tennessee primary elections, you might see an unfamiliar name on the ballot: Aaron Pettigrew. Currently an over the road driver for Big G Express—based in Shelbyville, Tennessee—Aaron Pettigrew has been in the industry for 14 years and has over a million and a half miles to show for it.
Schneider National became the latest carrier to announce that it has benefited financially from the strong pricing and capacity squeeze when it announced its second-quarter operating revenues were up 15% year-over-year.
Stifel’s super-team of equities analysts took a hard look at trade war risk for carriers in every mode and various types of logistics service providers. Dry bulk maritime is the most exposed, while air cargo is the least. Railroads and intermodal carriers like JB Hunt and HUB Group also have significant risk.
