For drayage operator Mark-It Express Logistics, the purchase of Sava Transportation and Spirit Trucking represent the first steps in a larger consolidation plan.
Thursday July 2, 2020
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Trucking Logistics
Trucking Logistics
Trucking news and expert analysis of trucking companies across the United States, from trucking industry news about such leading freight carriers as Swift Transportation and Old Dominion Freight Line to smaller regional trucking firms plying various cross-border and domestic routes.
The trucking industry landscape — both for asset and non-asset companies — is being transformed by new customer expectations and an explosion in logistics technology that amounts to a digital revolution. JOC coverage analyzes why and how transportation and logistics providers can either harness that technology or risk falling behind their competitors, unable to meet rising customer demands. For trucking companies and their customers, automating and improving processes also provides greater efficiencies and greater return on their investment.
JOC.com ranks the largest trucking companies each year and also provides rankings of the largest truckload and less-than-truckload carriers.
News & Analysis
01 Jul 2020
The US CARES Act loan to YRC Worldwide keeps US military LTL shipments moving, and gives the US taxpayer a nearly 30 percent share in the company.
29 Jun 2020
Bankrupt Comcar sells its dry-van and refrigerated trucking subsidiary to Canada’s largest transportation company, which is expanding its presence in the United States.
24 Jun 2020
Shippers split between those growing during recession and those struggling need to focus on long-term supply-chain improvements to reduce costs, rather than short-term rate cuts.
23 Jun 2020
BNSF Railway has unveiled a five-day per week train service between Seattle and CSX’s Ohio hub about an hour south of Toledo.
23 Jun 2020
The pandemic-inspired shift to online shopping will have lasting effects on shippers’ transportation choices, according to the CSCMP State of Logistics Report.
19 Jun 2020
Data2Logistics has been struggling through a system outage this week that is leaving its shipper customers unable to pay carriers through its platform.
18 Jun 2020
Payroll Protection Program loans could keep struggling small trucking companies in business, and prevent a truck capacity crunch shippers fear — if enough carriers apply for them.
17 Jun 2020
The domestic supply chain is a perfect example of a sector that is in dire need of fortification, and it needs to begin with small, over-the-road carriers, the CEO of Transfix says.
16 Jun 2020
This month’s seasonal burst of truck freight shipping is expected to fade after Independence Day, putting more pressure on small trucking operators struggling to stay on the road.
12 Jun 2020
The addition of Gusgo Transport to its operating subsidiaries gives TFI deeper access to international containerized freight moving between the US and Canada.
12 Jun 2020
Focusing on differentiated services will help container lines weather the unpredictable demand cycles of the ongoing COVID-19 pandemic, liner industry veteran Ron Widdows told JOC Uncharted.
10 Jun 2020
Business is slowly coming back, but safety concerns will force changes in ways carriers, shippers operate, Pitt Ohio CEO Chuck Hammel says.
09 Jun 2020
Intermodal is not seeing the same rebound in demand as trucking since the economic shutdown owing to the COVID-19 pandemic, and research firm FTR Associates does not believe containerized rail volume will fully recover to 2019 levels until sometime in 2021.
09 Jun 2020
US businesses are rushing to develop a clearer picture of customer demand and freight capacity as they move beyond the early stages of reopening stores and factories.
09 Jun 2020
Mexico’s exports in April dropped 41 percent year over year, the biggest one-month drop since the country’s 1986 fiscal crisis.
08 Jun 2020
Economists with American Trucking Associations believe the US economy will contract this year at the highest rate since 1946, and that although numbers will look much better in the second half of 2020, it will be another 12 months until markets return to pre-COVID pandemic levels.
05 Jun 2020
The US trucking sector added back a small portion of the jobs lost during March and April as businesses reopened, a sign that shipper demand for trucking services may be on the road to recovering from the COVID-19 recession.
04 Jun 2020
Werner is the latest broker to use software from Trucker Tools to tap into the app provider’s reach into the North American small carrier and independent driver population.
04 Jun 2020
Lower fuel prices are helping small trucking businesses survive the worst economy since the 1930s, according to Donald Broughton, which means shippers may find more truck capacity and less pricing pressure than expected this fall.
03 Jun 2020
Shipments were down year over year in May at less-than-truckload carriers ODFL and Saia, but not by as much as in April, a sign the US industrial economy is beginning to improve.
02 Jun 2020
The acquisition of ScanData gives Transplace broader supply chain reach as the COVID-19 pandemic accelerates e-commerce demand.
01 Jun 2020
The acquisition of FMIC from Chainalytics helps transform DAT Solutions into a broader freight intelligence business aimed at enabling shippers, brokers, and truckers to understand freight costs and pricing.
29 May 2020
After spiking in March owing to increased demand for essential goods amid the COVID-19 pandemic, truck detention has receded but remains a disruptive factor for truckers that can backfire on shippers when capacity is needed.
28 May 2020
Spot truckload rates are inching up as the reopening of many businesses shifts cargo, and capacity, to the contract market. That’s tightening spot capacity as loads increase.
26 May 2020
Produce shipments from western and southern US states provoked a refrigerated spot rate spike in May, and some truck shortages in California.
25 May 2020
Partnerships between digital freight brokers and TMS providers continue to be formalized, which should benefit shippers looking for extra sources of capacity in their core transportation planning and execution systems.
22 May 2020
Tightening truck capacity will collide with rising freight demand by 2021, flipping pricing power back to truckers next year, Coyote Logistics predicts, but consumer behavior is a wild card.
20 May 2020
The JOC Truckload Capacity Index indicates large US carriers are making deeper cuts in their fleets after an unprecedented 10-quarter expansion in available capacity.
20 May 2020
Digitally-oriented freight broker Loadsmart, backed in part by Maersk’s venture fund, has begun offering a product that stitches together drayage, transload, and truckload operations.
20 May 2020
Comcar’s bankruptcy is a transfer rather than elimination of capacity, with new owners buying its subsidiaries and assets.
18 May 2020
Combining FedEx’s logistics network with Microsoft’s AI, machine-learning, and cloud-computing capabilities, the companies plan to offer much more granular, near-real-time visibility for entire supply chains, as well as individual shipments.
18 May 2020
Expectations for capacity, demand, and pricing across transportation modes in 2020 have been shattered by the COVID‑19 pandemic, resulting in recession.
15 May 2020
Produce season and the reopening of some states to business are beginning to jump-start truck demand and spur higher spot rates in some lanes, but a long recovery is forecast.
14 May 2020
Regulators are expanding the area covered by the short-haul exemption to trucking hours of service rules, and that brings opportunities to drayage and e-commerce delivery carriers.
14 May 2020
The new final US hours-of-service rule gives truckers more flexibility in how they use their daily hours, but shippers get a gift of capacity that could help extend their pricing power.
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