Regional carrier A. Duie Pyle is cutting wages from the top and asking for volunteers to take temporary furloughs as COVID-19 ravages freight volumes in the Northeast.
Wednesday April 8, 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
06 Apr 2020
Trucking companies need plans to keep their drivers healthy, financially whole, and on the road amid the coronavirus outbreak. They need plans for when they get sick, too.
06 Apr 2020
California Trucking Association executive told JOC webcast last week that the issue of driver classification will continue to be the focus of legislation at the state level and is becoming even more complex even as the Ninth Circuit Court of Appeals in California is expected to rule on AB5 this summer.
06 Apr 2020
The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.
03 Apr 2020
The pandemic adds impetus to the rush to develop more sophisticated tools that can give shippers better insight into future truck rates, and eventually “forward-looking visibility.”
03 Apr 2020
With freight volumes expected to plunge over the next six months as the US falls into recession, shippers should remember their strategic trucking carriers and work together to weather the storm.
03 Apr 2020
BCOs and drayage truckers need to document unreasonable detention and demurrage charges, but also not contribute to the problem, speakers toldl a JOC.com webcast.
03 Apr 2020
Surging e-commerce volumes continued to drive growth among the 50 largest global logistics providers in 2019, but excluding Amazon, revenue not only decelerated, it actually fell from the previous year.
02 Apr 2020
US trucking companies are preparing to brake hard once the current surge of essential freight fades. The loss of demand and capacity will complicate the eventual recovery.
02 Apr 2020
The world of LTL is slow to embrace change. Business anachronisms permeate current supply chain processes. These vestiges of the way things used to work define the LTL freight transportation procurement process of many modern shippers.
31 Mar 2020
Enforcement of California’s AB5 worker classification legislation as it applies to trucking will remain suspended for now, which means that drayage operators can continue to call upon owner-operators to haul containers at the ports until oral arguments in the case are heard this summer.
27 Mar 2020
Digital truck brokers have found it hard to confidently provide an accurate guaranteed rate to shippers 14 or 21 days in advance because of the unpredictable developments of coronavirus disease 2019 (COVID-19), causing one-off quotes to be higher than normal.
27 Mar 2020
The European Commission scolded member states for unilaterally closing borders and delaying urgently needed medical supplies for coronavirus-hit countries.
26 Mar 2020
A patchwork of definitions among Canadian provinces over what is deemed an “essential” business is causing confusion, resulting in freight backlogs due to closed warehouses in Ontario and Quebec.
26 Mar 2020
Demand to haul essential freight into areas of the US most affected by the coronavirus disease 2019 (COVID-19) outbreak is soaring this month, causing rates to climb and driver detention to increase, and resulting in difficult conversations between brokers and shippers.
26 Mar 2020
Demand for essential goods and medical supplies is drawing truck capacity even as business shutdowns dry up other sources of freight, a trend that could result in displaced capacity.
25 Mar 2020
Truck drivers can both drive and work beyond regulatory limits if they’re hauling essential goods during the COVID-19 pandemic, and shippers need to do whatever they can to make that easier.
24 Mar 2020
The truck plant shutdowns follow a wave of broader automotive factory shutdowns the previous week, led by the big three automakers, Ford, General Motors and Fiat Chrysler, who were followed by Honda, Nissan, Toyota, and Volkswagen.
20 Mar 2020
Spot truck rates are up about 5 percent since the end of February on demand for consumer staples, even as the US economy slows. Pricing may still be elevated when Chinese imports hit US ports and produce season puts the screws to US trucking capacity.
19 Mar 2020
FedEx expands use of its US ground unit to deliver more air express packages, as e-commerce volumes swell and Amazon ups the competitive ante.
18 Mar 2020
Truck capacity is being tightened in drive-thru-sized bites as restaurant and rest stop closings delay drivers.
17 Mar 2020
The coronavirus is creating new opportunities for cargo thieves, and demands better “continuity planning” from businesses that ship freight, BSI says.
16 Mar 2020
As COVID-19 response unfolds, restricted business operating hours, potential closures could complicate deliveries, solidifying a soft trucking market.
16 Mar 2020
Denver-based freight broker Archerhub is taking a driver profitability approach to building a successful technology-based business in a market flush with new digital entrants.
13 Mar 2020
DCLI has invested $80 million in upgrading chassis, including going to all-radial tires in Memphis and the Gulf Coast, a major benefit of controlling its own equipment rather than outsourcing to a cooperative, the company said.
12 Mar 2020
In picking former Home Depot CFO Carol Tomé as CEO, UPS puts a former customer from retail e-commerce leader in the driver’s seat.
12 Mar 2020
"Domestic trucking is gradually improving. More than 80 percent of drivers are back on duty, alleviating most of the severe constraints in previous weeks,” a spokesperson for third-party provider Agility Logistics said.
11 Mar 2020
Long-haul LTL carrier YRC Freight is expanding a next-day service offering in Texas, where its parent company previously had no regional footprint.
11 Mar 2020
South Dakota, Illinois, and Virginia are among the US states at the head of the pack in terms of automating route analysis and permit issuance for oversized cargo moves.
11 Mar 2020
Truck demand and spot rates are rising as consumers stockpile goods amid the spread of the coronavirus, but truckers worry about potential loss of work due to quarantines.
10 Mar 2020
Because there is no national permitting standard for moving oversized loads across the US, obtaining permits can be an expensive, time-consuming process for trucking operators, or it can be a breeze.
10 Mar 2020
The forward truckload freight contract platform has raised $20 million in capital to fuel growing demand to connect shippers and carriers with a binding agreement that lets them focus on more variable supply and demand issues.
10 Mar 2020
Large US truckload carriers that engaged in mergers and acquisitions and expanded specialized services like dedicated trucking fared much better in 2019 than those that relied more on traditional dry-van business, according to JOC's 2020 Top 25 US Truckload Carrier Rankings, prepared by SJ Consulting Group.
09 Mar 2020
CMA CGM has joined the gray pool in Memphis, a win for those advocating for truckers to use any chassis for any container to eliminate chassis splits and other inefficiencies that cost shippers money.
09 Mar 2020
Shippers with an eye on instability in US markets are considering innovative contract terms, including the use of volume guarantees and flexible rates.
09 Mar 2020
Compared with the freight boom of 2018, last year was disappointing for US less-than-truckload carriers, but pricing discipline allow the largest operators to maintain — and in some cases increase — their top line revenue.
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Commentary
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