The Latest
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Pixabay
Truck stocks strengthen as market conditions improve
After the trucking industry endured conditions in April that one analyst described as "worst of the worst," focus is shifting to recovery.
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Coyote: Trucking recovery to begin in 2021 with inflationary spot market
A downturn in capacity, as shipper demand recovers, will exacerbate the difference between spot and contract pricing.
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Fotolia
13 trucking groups, carriers file documents in support of CTA's AB5 lawsuit
The injunction has allowed owner-operators in California to maintain contracts and avoid the volatile open market.
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Pixabay
Class 8 orders and production fall, helping to clear 'still-too-large' inventories
Class 8 orders have crashed — April's numbers are the lowest since September 1995, ACT Research said — and not just because of the pandemic.
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Truck movement increases with help from CPG, food volumes
FourKites' Glenn Koepke warned fleets should not expect sudden jumps in loads, and industrial volumes will likely remain down through Q3.
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Courtesy of UnitedHealth Group
UnitedHealth, Microsoft launch COVID-19 screening app for employers
Trucking, declared an essential business, can expose drivers to more people along their routes. That makes detection, treatment and contact tracing vital.
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Getty Images
April tonnage shrinks, but seasonal work nudges rates up
Spot truckload rates are getting healthier, especially in produce regions where harvests are hitting supply chains.
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Courtesy of Nikola Corp.
Electric trucks are the 'inevitable future,' fleets say
Despite the pandemic environment, states and fleets push forward on electric tractors.
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FedEx
FedEx, Microsoft partner on 'near-real-time' parcel tracking
The first product from the partnership, FedEx Surround, traces parcels at the ZIP code level.
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Courtesy of Comcar
PS Logistics buys Comcar's CT Transportation as carrier files for bankruptcy
As the economy wobbles, some carriers with cash court distressed competitors.
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Courtesy of Wabash National
April trailer orders plunge to 1990 levels
National orders were comparable to the size of one large fleet's monthly order.
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Uber Freight teams up with Oracle as enterprise partnerships for digital brokers grow
Uber Freight's growing list of TMS integrations shows some recognition that brokerage is not a function where shippers have traditionally demonstrated much loyalty.
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Getty Images
Cass: April volume hits 'recessionary levels,' capacity cuts remain open question
Expenditures fell less than shipments, indicating the volume moving was higher revenue per shipment as a result of longer hauls, according to Cass.
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Getty Images
FTR: Trucking market hits lowest point, long road to recovery ahead
Analysts expect incremental improvements to the market that will vary by industry and geography.
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Pixabay
FMCSA final HOS rule to take effect late September
The changes promise flexibility and speed but miss the mark on allowing a break to stop the clock on the 14-hour driving window, experts said.
UPDATED: May 27, 2020 at 8:42 a.m. -
Dynamic route planning becomes the new norm
Fleets are leaning on software and route optimization strategies to manage volatile volumes during the pandemic.
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Courtesy of YRC Worldwide
YRC troubles increase as Stifel suspends estimate, ratings
As YRC struggles to attain profitability, analysts expect LTL competitors to gain from the carrier's woes.
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Photo by Matthew T Rader on Unsplash
FMCSA extends emergency declaration, HOS exemptions until mid-June
The agency's first extension was set to expire May 15.
UPDATED: May 13, 2020 at 3:37 p.m. -
Coronavirus hits Michigan freight movement hardest, Inrix finds
The corridor from Michigan to Texas has the lion's share of North America's automotive assembly plants and their 1,000 suppliers. Production shutdowns caused major freight changes in the central part of the U.S.
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Low truck rates factor into Union Pacific's cold chain shutdown
The coronavirus has caused rates on the trucking spot market to fall, making it difficult for rail companies to compete.
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Getty Images / Edited by Supply Chain Dive
Preparing for hurricane season during a pandemic
Prioritizing worker safety, reviewing insurance policies and having supply chain visibility will help fleets prepare for the two risk events, experts say.
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Courtesy of Uber
Uber Freight partnership gives rideshare drivers entry to a challenging open market
As spot rates sag, the broker teams with Ryder and CloudTrucks to allow CDL holders to rejoin the trucking industry.
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Courtesy of YRC Worldwide
YRC seeks better cash position as crisis cuts volumes
The coronavirus arrived when the company was already navigating weaker industrial markets.
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Plunging diesel prices offer fleets relief — but it may not last
Trucking experts don't see diesel offsetting costs long term because it's always a cycle, and low diesel consumption indicates freight volumes are slowing.
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Amazon Freight expands to 48 states, furthering control of its logistics network
The majority of carriers and brokers viewed Amazon's entry to freight hauling negatively, fearing it would push down dry van spot rates.
