Digital marketplace Convoy is warning US shippers and trucking companies of the risks from what may be the sixth straight year of above-average hurricanes and storms.
William B. Cassidy
William B. Cassidy
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Technology firms driving autonomous trucking forward are seeking the investment and partnerships they need to expand rapidly, anticipating growing demand.
Alabama-based truckload carrier AMX is raising driver pay, but wants to do so in a way that will allow the carrier to maintain increased wages when demand – and rates – recede.
US trucking companies reversed a three-month decline in jobs in March, but they haven’t escaped the employment crater created by the COVID-19 pandemic and recession.
US trucking companies already running at full capacity will soon be receiving even more freight as manufacturing activity expands.
The JOC Truckload Capacity Index rose 2.1 percentage points in the fourth quarter, as some of the largest US truckload carriers expanded dedicated business or replaced older rigs.
Truck driver pay is improving, and that may be keeping more drivers behind the wheel, rather than jumping from job to job.
Rapid e-commerce delivery requirements, as well as capacity shortages and equipment imbalances, are spurring the growth of transloading near US seaports, speakers at TPM21 said.
Tight truck capacity is a prime reason for the growth of dedicated trucking, but not the only one. Shippers are using dedicated as a tool to influence customers and reshape supply chains.
As the market careened downhill in the first half of 2020, many of the largest truckload carriers began reducing their fleets, and many did not begin adding trucks when demand returned and capacity...
The rise of e-commerce is leading to growing competition for long-haul truck drivers from local and short-haul businesses, according to a study from Coyote Logistics and Emsi.
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