Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 11/12 · 11:55 AM · LM Editorial
There is a short window for Congress to sufficiently increase investment in U.S. infrastructure investment before early 2016 presidential campaigns squash any hope of raising taxes to pay for the estimated additional $100 billion needed over the next five years. That’s the word from Bill Graves, president and CEO of the American Trucking Associations. He spoke at the 28th annual meeting of the North American Transportation Employee Relations Association (NATERA).
Posted 11/03 · 03:08 PM · LM Editorial
A conference call hosted by investment firm Stifel Nicolaus last week that featured Dave Osiecki, Executive Vice President & Head of Advocacy at the American Trucking Associations (ATA) provided a detailed insight into the overall outlook for the trucking industry in terms of regulations and politics that can impact the industry going forward.
Posted 11/01 · 04:00 PM · LM Editorial
As long as LTL carriers remain disciplined on capacity additions, and the U.S. industrial economy remains strong, the LTL sector is well positioned to continue expanding margins due to operating benefits from increased density and higher freight rates. Analysts agree: It’s time for shippers to pump up the freight budget.
Posted 10/31 · 09:40 AM · LM Editorial
LM Group News Editor Jeff Berman recently conducted a wide-ranging interview with Bobby Harris, President and CEO of non asset-based 3PL BlueGrace Logistics about various aspects of the freight transportation market.
Posted 10/02 · 10:19 AM · LM Editorial
Phoenix-based Knight Transportation, one of the top and most profitable truckload companies said this week it has acquired Barr-Nunn Transportation, a dry van truckload carrier based near Des Moines, Iowa.
Posted 10/01 · 09:00 PM · LM Editorial
Three years ago, Candace Holowicki, the company’s director of global transportation and logistics, joined its Global Services Organization and helped to level functional silos and bring together procurement, logistics, operations, and continuous improvement areas—a move that now saves millions annually.
Posted 09/26 · 10:40 AM · LM Editorial
Seasonally-adjusted (SA) for-hire truck tonnage in August saw a 1.6 percent increase in August on the heels of a 1.5 percent increase in July. The August SA index––at 132.6 (2000=100)––stands as a new SA high, with November 2013’s 131.0 now the second best month recorded.
Posted 09/25 · 08:28 AM · LM Editorial
Shippers attending the Intermodal Association of North America's (IANA) annual Intermodal Expo in Long Beach this week were given some good news/bad news regarding truck and rail capacity for the remaining year.
Posted 09/08 · 09:53 AM · LM Editorial
Market conditions continue to favor trucking carriers, due in large part to tight capacity, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
Posted 09/05 · 09:52 AM · LM Editorial
PierPass Inc. recently announced that its OffPeak program has reached a major milestone, diverting its 30 millionth truck trip from weekday, daytime traffic in Los Angeles and Long Beach since the program began in July 2005.