Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 03/24 · 08:54 AM · LM Editorial
The freight brokerage market has another behemoth in the mix, with the recently announced definitive merger agreement of two non asset-based third-party logistics (3PL) service providers Chicago-based Coyote Logistics and Access America Transport (AAT), which is out of Chattanooga, Tenn.
Posted 03/20 · 12:46 PM · LM Editorial
Seasonally-adjusted (SA) truck tonnage in February rose 2.8 percent, following a 4.5 percent decline in January. Compared to a year ago, the February SA was up 3.6 percent and on a year-to-date basis SA tonnage is up 2.3 percent.
Posted 03/20 · 09:17 AM · LM Editorial
Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, acquired Jacksonville, Fla.-based Comcar Logistics, a non-asset based truckload brokerage.
Posted 03/16 · 12:21 PM · LM Editorial
While there was a bit of a decrease, the American Trucking Associations (ATA) reported today that the turnover rate at large truckload carriers for the fourth quarter of 2013 came in at 91 percent.
Posted 03/14 · 11:14 AM · LM Editorial
Large trucking companies and shippers are welcoming a government proposal to require electronic logging devices in heavy trucks as a way to bolster trucking safety.
Posted 03/13 · 09:28 AM · LM Editorial
FTR's Trucking Conditions Index for January, the most recent month for which data is available, was 8.82 and is up 2.8 points from December, with FTR explaining that gain is indicative of what it described as belated improvement in truckload rates that started to take hold last July, when changes to driver Hours-of-Service (HOS) regulations commenced.
Posted 03/12 · 10:31 AM · LM Editorial
Data recently issued by Portland, Oregon-based freight marketplace platform and information provider DAT showed a host of annual gains for spot market loads and capacity in February.
Posted 03/11 · 03:07 PM · LM Editorial
When the Air Freight Forwarder’s Association (AfA) stages its annual conference later this month, the focus will be “closing the deal.” Here, in a two-part exclusive interview with AfA president Brandon Fried, logistics managers are given an overview of some of the main issues on the agenda
Posted 03/01 · 08:00 AM · LM Editorial
In a recent speech to shippers and carriers, Anne Ferro, administrator of the Federal Motor Carrier Safety Administration (FMCSA), said: “We need a real change in our transportation culture to recognize that safety means more than complying with safety rules. It means changing work/rest schedules that contribute to fatigue.”
Posted 02/28 · 09:20 AM · LM Editorial
Three months of mediocre growth regarding the market environment for shippers came to a halt in December, based on the most recent edition of the Shipper Conditions Index (SCI) from freight transportation consultancy FTR.