Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 01/01 · 09:00 PM · LM Editorial
With the exception of parcel, freight transportation rates will only make incremental gains in 2014. However, our top market analysts tell us that controlling total landed costs by using a variety of modes is now imperative.
Posted 01/01 · 08:00 PM · LM Editorial
While truckload shippers can brace for modest rate increases in the 2 percent to 4 percent range in 2014, carrier executives and analysts say that the boost will only offset the consistently rising costs that continue to hamper the sector.
Posted 01/01 · 09:00 AM · LM Editorial
To kick off 2014, I’m going to reinforce a rather bold suggestion that Group News Editor Jeff Berman made in his first blog post of the new year: Let’s cut out the use of the adjective “cautious” before we use the noun “optimism” when referring to the state of the U.S. economy.
Posted 01/01 · 08:00 AM · LM Editorial
Shippers who are facing pricing pressure from driver shortages, new regulations, and rising fuel and equipment costs frequently ask me: “How can we get the carriers to be more efficient?” I interpret more as: “How can I save money without suffering from poor service?”
Posted 12/19 · 12:50 AM · LM Editorial
Help is on the way to ease the financial burden of unionized trucking companies that belong to multiemployer pension plans and possibly assist those companies in their attempt to continue to belong to those plans under modernized rules.
Posted 12/18 · 07:51 AM · SCMR Editorial
Diesel prices dropped for the second straight week, with the average price per gallon falling 0.8 cents to $3.71, according to the Department of Energy’s Energy Information Administration.
Posted 12/18 · 12:15 AM · LM Editorial
Unionized jobs in the trucking industry today are as scarce as four-leaf clovers in the desert, and the growing nonunion trucking sector says that is no accident. They work hard at it every day.
Posted 12/17 · 03:37 AM · LM Editorial
Spurred by signs of future positive growth, recent data released by Transport Capital Partners (TCP) points to increased optimism for motor carriers in the form of increased volumes and rates.
Posted 11/20 · 11:26 AM · LM Editorial
Amid a still topsy-turvy economic outlook truck tonnage volumes appear to holding up pretty well, according to data released by the American Trucking Associations (ATA) earlier this week.
Posted 11/12 · 01:55 PM · LM Editorial
It’s a new era in trucking employee relations as the virtually union-free industry—except for UPS, YRC and ABF and a handful of other Teamster-related companies—copes with a pending labor shortage that is bad and threatens to be even worse.