• ITVI.USA
    12,782.990
    -31.400
    -0.2%
  • OTRI.USA
    28.230
    0.050
    0.2%
  • OTVI.USA
    12,730.180
    -30.950
    -0.2%
  • TLT.USA
    3.290
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.630
    0.060
    2.3%
  • TSTOPVRPM.CHIATL
    3.080
    -0.090
    -2.8%
  • TSTOPVRPM.DALLAX
    1.180
    -0.060
    -4.8%
  • TSTOPVRPM.LAXDAL
    3.210
    -0.070
    -2.1%
  • TSTOPVRPM.PHLCHI
    1.630
    -0.090
    -5.2%
  • TSTOPVRPM.LAXSEA
    3.360
    0.070
    2.1%
  • WAIT.USA
    121.000
    1.000
    0.8%
  • ITVI.USA
    12,782.990
    -31.400
    -0.2%
  • OTRI.USA
    28.230
    0.050
    0.2%
  • OTVI.USA
    12,730.180
    -30.950
    -0.2%
  • TLT.USA
    3.290
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.630
    0.060
    2.3%
  • TSTOPVRPM.CHIATL
    3.080
    -0.090
    -2.8%
  • TSTOPVRPM.DALLAX
    1.180
    -0.060
    -4.8%
  • TSTOPVRPM.LAXDAL
    3.210
    -0.070
    -2.1%
  • TSTOPVRPM.PHLCHI
    1.630
    -0.090
    -5.2%
  • TSTOPVRPM.LAXSEA
    3.360
    0.070
    2.1%
  • WAIT.USA
    121.000
    1.000
    0.8%
NewsTrucking

The Daily Dash: Rates are rising

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, spot rates are climbing quickly across the country as capacity continues to tighten. Plus, a specialized hauler thrives during COVID-19 and Omnitracs gets a ratings review following its announced acquisition of SmartDrive.

Runaway rates

Freight rates continue to rise, with nearly half the lanes in the country seeing per-mile rates above $3. That means carriers are being more selective about what they haul.

Andrew Cox explains what is driving rates: Spot rates above $3/mile in 46 of 100 lanes

Wind at their back

Anderson Trucking Services (ATS) has spent years building up a specialized trucking business. Even the COVID-19 pandemic has been unable to dent its growth, and the company is thriving thanks to wind turbines.

Chris Gillis talks with ATS’ CEO: ATS has wind energy at its back

Ratings review

Omnitracs’ purchase of SmartDrive might make good business sense, but it didn’t help its credit rating. Two major credit rating bureaus downgraded Omnitracs following announcement of the acquisition.

John Kingston explains what concerns the rating agencies: Two agencies cut Omnitracs’ debt rating after SmartDrive purchase

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Squelch high CSA scores to broaden your insurance options

Did you miss this?

A push by the Federal Motor Carrier Safety Administration (FMCSA) aimed at providing more flexibility for drivers operating under hours-of-service regulations could also boost capacity for fleets but might come at the expense of safety.

John Gallagher explains why this might also be bad for drivers: Split-duty rest break: A lever for boosting capacity?

Hammer down, everyone,

Brian Straight

Managing Editor

Click for more FreightWaves articles by Brian Straight.

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Tags

Brian Straight

Brian Straight covers general transportation news and leads the editorial team as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and fleetowner.com. Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler.

One Comment

  1. We need minimum wage and freight rates as the current up and down in freight rates is a disaster for both the the trucking companies and the truck drivers. At this time I can not recommend anyone go into to truck driving. With current insurance costs and low driver pay and E-logs that certain trucking companies pushed plus the lack of proper parking at shipping and receiving. When these issues are taken care of we will talk about a truck driver shortage and attract young people to truck driving and being a mechanic.

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