Trucking

By Jeff Berman · October 6, 2014
Not only is the truck driver shortage ostensibly a problem that won’t go away, the situation appears to have become exacerbated compared to previous sentiments in recent years. Given that this dilemma is far from new, there are also more related problems, at least on the surface, when it comes to assessing just what needs to be done to remedy things.
By Jeff Berman · September 26, 2014
Seasonally-adjusted (SA) for-hire truck tonnage in August saw a 1.6 percent increase in August on the heels of a 1.5 percent increase in July. The August SA index––at 132.6 (2000=100)––stands as a new SA high, with November 2013’s 131.0 now the second best month recorded.
By Jeff Berman · September 8, 2014
Market conditions continue to favor trucking carriers, due in large part to tight capacity, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
By Patrick Burnson · September 5, 2014
PierPass Inc. recently announced that its OffPeak program has reached a major milestone, diverting its 30 millionth truck trip from weekday, daytime traffic in Los Angeles and Long Beach since the program began in July 2005.
By Jeff Berman · August 15, 2014
On the heels of slight decreases over the prior two months, the trucking market displayed some positive momentum, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
By Jeff Berman · August 13, 2014
Coming off of a particularly strong June, freight transportation market conditions tapered off somewhat in July, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems that was issued this week.
SPECIAL REPORT
By John D. Schulz · August 1, 2014
Carriers are enjoying a solid 2014, but warn of a pending capacity crunch as driver availability worsens amid tighter federal regulations. Bottom line: Shippers who choose not to collaborate with their carriers and streamline operations will most certainly be hit with higher rates.
By Jeff Berman · July 30, 2014
The report, entitled “Outlook for the Domestic Transport and Logistics Market in 2H14 and Beyond,” takes the view that strong freight levels in the second quarter have left trucking companies in a good position: one in which they need to come up with new plans to handle rising demand. But even with that positive momentum afloat, the report observes that there are some familiar challenges intact, such as a lack of qualified drivers and the regulatory drag from the new hours-of-service rules that took effect in July 2013.
By John D. Schulz · July 28, 2014
Anne Ferro, a ferocious advocate for greater truck safety and a constant thorn to truck drivers and some unsafe trucking fleets, says she is leaving as administrator of the Federal Motor Carrier Safety Administration. No successor has been immediately named.
By Jeff Berman · July 23, 2014
Seasonally-adjusted (SA) for-hire truck tonnage in June dropped 0.8 percent on the heels of a revised 0.9 percent (from 1.0 percent) increase in May and was up 2.3 percent annually.
By Jeff Berman · July 21, 2014
Amid the talk and coverage about things negatively impacting the trucking industry like increasing regulations, tight capacity, and equipment-related issues and challenges, there is one thing to always remember about the sector: it moves a lot of freight, make that more than a lot, actually.
By Jeff Berman · July 14, 2014
While overall market conditions are not dire, there is a confluence of factors working together that need to be monitored in the trucking sector, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
By John D. Schulz · July 10, 2014
Teamsters retirees from the trucking industry currently enjoy some of the most generous pensions in America—up to $3,500 a month for 30 years of service from any unionized trucking company that contributed to multiemployer pension plans that once covered the industry like a warm fuzzy financial security blanket. But those pension plans, once thought to be the “Cadillac” of all retirement plans, are in deep financial trouble. And there doesn’t appear to be any bailout coming from Washington.
By John D. Schulz · July 1, 2014
Rollercoaster demand levels and uneven freight volumes in 2013 created havoc in one of the more complicated years on record. In 2014, shippers will need to manage with all the savvy and experience that they can muster to get the capacity they need at a rate that’s fair.
By John D. Schulz · July 1, 2014
The $35 billion less-than-truckload (LTL) market, benefitting from a rebound in the U.S. industrial sector, is enjoying a renaissance after five lean years. And leading LTL executives say it’s about time.

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