Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 09/29 · 08:03 AM · LM Editorial
Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year
Posted 09/28 · 09:24 AM · LM Editorial
The long-running truck driver shortage is getting worse and is limiting carriers’ expansion plans at a time when economic growth is beginning to constrain surface transportation capacity. Finding and retaining enough complaint truck drivers “is the biggest single challenge for us as an industry,” a top trucking industry executive says.
Posted 09/22 · 01:57 PM · LM Editorial
Ever-evolving logistics management business models have driven significant change in the Domestic Transportation Management (DTM)/Freight Brokerage landscape
Posted 09/21 · 01:32 PM · LM Editorial
The Port of Oakland said today it’s nearly a third of the way through its annual maintenance dredging program for 2015.
Posted 09/17 · 10:38 AM · LM Editorial
The much anticipated final rule for electronic logging devices (ELD) has been pushed back one month from September 30 to October 30, according to the most recent Report on DOT Significant Rulemakings issued by the United States Department of Transportation.
Posted 09/15 · 12:46 PM · LM Editorial
For more than a long time, there has been heavy debate and discussion over truck size and weight-related issues. One argument that has been consistently made over time in an effort to allow heavier and longer trucks on the road, with the objective of increasing highway productivity, has been to reform Interstate vehicle weight limits for six-axle trucks. This topic again came to light last week, with Rep. Reid Ribble (R-Wis..) introducing the Safe, Flexible, and Efficient (SAFE) Trucking Act.
Posted 09/02 · 10:33 AM · LM Editorial
Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers,…
Posted 08/19 · 11:12 AM · LM Editorial
The most recent edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners showed that truckload and intermodal rates for the month of July were mixed.
Posted 08/01 · 09:56 PM · LM Editorial
According to the reporting of our veteran trucking correspondent John Schulz, the truckload sector now accounts for about 37 percent of total freight transportation spending in the U.S.—and is by far the largest single piece of the trucking market.
Posted 08/01 · 05:00 PM · LM Editorial
While there’s adequate capacity in what’s viewed as a less chaotic market than last year, carriers have regained a position of strength as the supply/demand equation rests comfortably in their favor. As a result, truckers are seeking “shippers of choice” as looming capacity worries continue to mount.