Posted 08/01 · 06:59 AM · LM EditorialThe average truck consumes roughly 11,000 gallons of diesel per year. Consequently, even minor shifts in fuel prices have a significant impact on operating costs. For instance, when applied to a fleet of 100 trucks, a price drop of 25 cents per gallon generates annual savings exceeding a quarter of a million dollars.
Posted 07/25 · 10:03 AM · LM EditorialEven with sequential growth occurring from May to June, overall trucking growth remains at a standstill to a large degree, based on data released today by the American Trucking Associations (ATA).
Posted 07/20 · 03:40 AM · LM EditorialThe group representing the nation’s 1 million or so owner-operators has filed preemptive lawsuit in anticipation of the government’s first attempt to mandate EOBRs—or “black boxes,” as they are known in trucker-speak.
Posted 07/17 · 10:32 AM · LM EditorialA new report issued by the American Trucking Associations is aimed at helping fleets recruit and train qualified truck drivers.
Posted 07/16 · 11:31 AM · LM EditorialTransCore’s DAT North American Freight Index, which reflects spot market freight availability on its network of load boards in the United States and Canada, posted a 6.3 percent gain in June on an annual basis while setting a same-month record for highest freight volume in the month of June.
Posted 07/12 · 12:53 PM · LM EditorialJune truckload rates were up 3.9 percent compared to June 2011, and intermodal was up 0.6 percent.
Posted 07/10 · 10:00 AM · LM EditorialAt a time when the economic recovery has clearly hit a soft patch and the economic road map remains highly uncertain, the road to recovery is being paved for future success.
Posted 07/10 · 09:30 AM · LM EditorialThe TCI, which reflects tightening conditions for hauling capacity and is comprised of various metrics, including capacity, fuel, bankruptcies, cost of capital, and freight, dipped 4.0 points from 9.1 in April to 5.1 in May, the most recent month for which data is available.
Posted 07/03 · 09:45 AM · LM EditorialMultiregional less-than-truckload (LTL) carrier Saia said this week it has acquired truckload and brokerage services provider Robart Transportation Inc. and its subsidiary The RL Services Group LLC.
Posted 07/01 · 10:00 PM · LM EditorialThe logistics industry has yet to climb back to the profitability it hit in 2007–the precipice from which it dropped during the recession. According to the report’s author and industry analysts, it may be a while until the overall industry hits full stride again.