Aug 13, 2018
— More companies are pointing to rising freight costs as a drag on earnings and growth, as trucking companies raise rates at a historic pace and one says finding trucks is getting ‘ugly’. “Nobody has a crystal ball, but if I had to place a bet I would say this is structural, not cyclical” change, said Lee Clair, managing partner at Transportation and Logistics Advisors LLC, a supply-chain-strategy consulting firm.
Aug 1, 2018
— With today marking four months since full enforcement of the electronic logging device (ELD) mandate, a number of truck drivers still say there are problems with ELDs in use and the federal Hours of Service (HOS) rules that are their foundation.
Jul 30, 2018
— There's little doubt that automation is coming in the trucking industry — heck, it's already here in many fomats. But how will the next levels of automation be deployed? What will the legal and regulatory framework around that look like?
Jul 20, 2018
— The U.S. House of Representatives has approved legislation calling for a delay in deploying thousands of biometric readers for transportation security cards at the nation’s high-risk ports and commercial facilities. A companion bill in the U.S. Senate (S. 3094) has been referred out of committee but has yet to go to the floor for a vote.
Jul 18, 2018
— Federal Motor Carrier Safety Administration officials have withdrawn a slate of proposed “enhancements” to the Compliance, Safety, Accountability program’s Safety Management System to make way for a small-scale test in September of a new statistical data model intended to better identify high-risk carriers.
Jul 18, 2018
— Capacity shortfalls combined with increased demand for truckload shipments are continuing to boost spot rates to record levels, according to DAT Solutions, which also said in what is an atypical trend, spot rates now are exceeding long-term contract rates.
Jul 13, 2018
— While there is a lot of noise surrounding tariffs and potential trade wars, FreightWaves’ Chief Economist Ibrahiim Bayaan isn’t as concerned as some that the noise will result in action that could derail the economy.
Jul 11, 2018
— The Transportation Department is launching a pilot program that allows reservists and veterans to transfer their military training into the civilian world. The new program highlights a lapse in licensure service members have been struggling with for quite some time: why can someone drive a truck in the military, but need to retrain to do the same thing once that person is out.
Jul 9, 2018
— A request for an exemption from the ELD rule for small carriers--by definition just about the entire Owner-Operator Independent Drivers Association membership--has been denied by the U.S. Federal Motor Carrier Safety Administration.
Jul 2, 2018
— In the next decade, three major technological disruptions will drastically shrink demand for for-hire trucking services. Nearly 20% of for-hire truckload freight is at risk, putting the trucking industry at risk of experiencing one of the most drastic freight-demand declines in history, matched only by the great recession.
Jun 20, 2018
— Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it put the vehicles on the road this year. Fifteen 7.5-ton electric-powered trucks will be delivered to UPS Inc. in the U.K. this summer, following a successful trial last year, and the company is in expansion talks with 30 logistics firms worldwide, including the U.S., Europe, China, Israel and India.
Jun 19, 2018
— Another freight management startup called Kangaruu has entered the digitalization landscape, releasing its logistics management platform for shippers and brokers in the trucking industry.
May 18, 2017
— The Intermodal Association of North America found that year-over-year international container volume grew 2.9% to 2.14 million units, and domestic traffic increased 1.3% to 1.79 million. “What’s most impressive about the growth rate is that it comes on the heels of a 2% gain in shipments in the [first quarter] of 2016. This suggests that the increase was real growth and not just a bounce back due to weaker comparisons,” the report said.