Filed in Trucking
Tuesday, November 16, 2010
A confluence of positive economic events is causing trucking industry officials and economists to predict tighter trucking capacity perhaps as soon as the second quarter of 2011, experts are saying. The effects will be most noticeable in the $290 billion truckload sector, which has more severe capacity restraints on drivers and equipment than the $26.5 billion LTL sector, which still has overcapacity stemming from the last recession.
Posted on 11/16 at 05:00 AM
Monday, November 15, 2010
The trucking industry could lose significant capacity as more drivers are facing disqualification as the federal government initiates tough safety standards in December and truly rolls them out during 2011. That’s because the federal government is poised to launch the toughest safety crackdown on the estimated 3 million long-haul truck drivers and 800,000 carriers in the history of the industry.
Posted on 11/15 at 05:00 AM
Driver Shortage •
Thursday, November 11, 2010
While unemployment remained high and foreclosures were on the rise, California’s exporters turned in another strong performance in September.
Wednesday, November 10, 2010
Tech-savvy private fleet operators are able to justify the cost of their complex operations through high service levels, smart maintenance programs, and revenue generating backhaul opportunities that can make even the toughest CFO smile.
Monday, November 01, 2010
Following two straight months of growth, the October edition of the Cass Information Systems Freight Index fell in October.
Wednesday, October 27, 2010
Even though the economy and the freight transportation market are still on a bumpy road, truck tonnage took a step forward, with September volumes up compared to August, according to the American Trucking Associations (ATA).
Monday, October 25, 2010
Recent data published by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicates that net orders of heavy-duty Class 8 commercial vehicles—at 15,231—were up 37 percent year-over-year in September. This output follows a 15 percent annual bump in August.
At a time when capacity across all modes of freight transportation is tightening, coupled with a slower-than-hoped-for economic recovery, many logistics, supply chain, and transportation managers responding to a Logistics Management survey report they are expecting to pay higher rates throughout the remainder of 2010 and into 2011.
Friday, October 22, 2010
As five leading U.S. trucking companies are calling for federal regulations that would require all interstate trucking companies to install electronic on-board recorders (EOBRs) on all their trucks to verify legal duty status of their drivers, their customers are being urged to make changes as well.
Posted on 10/22 at 12:21 PM
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Thursday, October 14, 2010
As various economic indices, freight metrics, and trucking companies are reporting declining and stagnant volumes during the second half of the year, the most recent Ceridian-UCLA Pulse of Commerce Index (PCI) appears to be following suit, as the PCI declined 0.5 percent in September, following a 1.0 dip in August.