Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
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.
Posted 07/31 · 10:43 AM · LM Editorial
A new Government Accountability Office report on the effects of changes to truck driver hours of service rules has sparked a war of words between the American Trucking Associations and Federal Motor Carrier Safety Administration, the arm of the Transportation Department that is in charge of making those rules.
Posted 07/31 · 08:52 AM · LM Editorial
Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.
Posted 07/27 · 10:53 AM · LM Editorial
The report, entitled “U.S. Freight Transportation Forecast to 2026, which is drafted by ATA and IHS Global Insight, calls for a 28.6 percent hike in annual freight tonnage, as well as a 74.5 percent gain in freight revenues to $152 trillion in 2026.
Posted 07/20 · 09:33 AM · LM Editorial
The era of driverless trucks – or autonomous vehicles, as they are known euphemistically – may be a lot closer to reality than many people think.
Posted 07/16 · 09:19 AM · LM Editorial
For the month of June, the state of truckload and intermodal freight rates was again mixed, according to the most recent edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.
Posted 07/15 · 10:26 AM · LM Editorial
Even with some declines, data issued this week by the American Trucking Associations (ATA) still makes it clear that the annualized turnover rates for truck drivers still remains high.
Posted 07/13 · 09:39 AM · LM Editorial
For May, the most recent month for which data is available, the TCI was 4.91, which was off 25 percent compared to April’s 6.7 and stands as a three-year low for the TCI. The March TCI was 7.3.
Posted 07/01 · 09:50 PM · LM Editorial
The $337 billion truckload sector—the largest single piece of the trucking market—now accounts for about 37 percent of total freight transportation spending in the U.S. According to industry analysts, the truckload industry has done a “credible job” in recent years of diversifying their offerings and moving away from the idea that 53-foot dry van truckload should be treated as a commodity rather than a customized service.