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Trucking News

Smaller truck fleets ramp up hiring: ATA

[caption caption="Driver turnover at smaller fleets leaped 6 percentage points in the third quarter as those fleets increased hiring. Photo credit: Shutterstock.com."][/caption]More truck drivers are leaving larger truckload carriers and signing on with smaller fleets, according to data released Thursday by the American Trucking Associations (ATA). Larger carriers have trimmed...

Rail volumes suggest bearish outlook for trucking

[caption caption="A drop in metal rail carloads foretells fewer metal products shipped by truck, an economist said. Photo credit: Shutterstock.com."][/caption]The US trucking industry faces an economic “overhang” that will delay a return to positive year-over-year pricing growth, Donald Broughton, principal and managing director of Broughton Capital, said in a webinar...

Shippers need plan to navigate next ELD phase

[caption caption="Many shippers were caught by surprise when the ELD mandate helped tighten capacity in 2017. Photo credit: Shutterstock.com"][/caption]Are shippers ready for the next phase of the US electronic logging device (ELD) mandate? They should be, but if past history is any guide, they may not be the case. Those...

Holiday shopping spurs truckload spot rates

[caption caption="The average DAT dry van spot rate for the week ended Dec. 8 was $1.94 per mile, the best average since January. Photo credit: Shutterstock.com."][/caption]Truckload spot rates surged in the first week of December, rising to their highest level since January as the holiday retail season kicked into higher...

J.B. Hunt, JDA latest to join broker-TMS integration trend

[caption caption="Transportation management systems like JDA"][/caption]Supply chain solutions provider JDA Software said Monday it will integrate directly with the digital freight marketplace of J.B. Hunt, continuing a trend that has seen freight brokers partner with widely used transportation management system (TMS) providers. Virtually every developer of digital freight brokerage products has...

J.B. Hunt, JDA latest to join broker-TMS integration trend

[caption caption="Transportation management systems like JDA"][/caption]Supply chain solutions provider JDA Software said Monday it will integrate directly with the digital freight marketplace of J.B. Hunt, continuing a trend that has seen freight brokers partner with widely used transportation management system (TMS) providers. Virtually every developer of digital freight brokerage products has...

J.B. Hunt, JDA latest to join broker-TMS integration trend

[caption caption="Transportation management systems like JDA's are aimed at shippers and thus bring a freight broker an in-built source of demand to their digital freight marketplaces. Photo credit: Shutterstock.com."][/caption]Supply chain solutions provider JDA Software said Monday it will integrate directly with the digital freight marketplace of J.B. Hunt, continuing a...

Consumers keep wheels on US freight economy

[caption caption="Retail shipments are filling tractor-trailers as US manufacturing struggles to recover from a slowdown. Photo credit: Shutterstock.com."][/caption]The freight economy is getting a visit of the faster-growing ghost of Christmas past — 2017 that is — with the US economic signals pulsing stronger in the final months of 2019, capping...

Strong shippers tie transportation, procurement

[caption caption="Strong shippers understand the interconnection between service and price. Photo credit: Wikicommons."][/caption]Tension between a shipper’s transportation and procurement departments is a natural occurrence, but the most effective shippers know how to overcome that to work on a united front with an understanding of how service, pricing, and data are...

Cass upgrade to give shippers deeper price indices

[caption caption="Cass says its truckload and intermodal pricing indexes are increasingly used in motor carrier contracts. Photo Credit: Shutterstock.com."][/caption]Two indexes providing shippers with insight into US truck and intermodal pricing trends are set to be upgraded through a partnership between Cass Information Systems and the University of Tennessee. UT’s Global...

Trucking rolls faster toward US holiday peak

[caption caption="Verizon Connect tracked an 18 percent year-over-year increase in holiday season deliveries last year. Photo: Shutterstock.com."][/caption]Black Friday is past, but trucking’s busiest season is just getting underway. Thanks in part to the growth of online shopping, December is now a busier month for US motor carriers than November, as...

US truckload rates forecast to rise in 2020

[caption caption="Van and reefer spot rates rose slightly in November, as pre-holiday retail demand increased. Photo credit: Shutterstock.com."][/caption]Forecasts from a leading third-party logistics provider (3PL) and a spot market load board operator call for a turnaround in truckload pricing next year, despite slow US economic growth. Both the Coyote Curve...

US freight volumes decline amid mixed economic signals

[caption caption="The Cass Freight Index has been negative for 11 months on an annualized basis. Photo credit: Shutterstock.com."][/caption]United States freight shipments have declined for 11 consecutive months, eliminating the volume surge of 2018 and flattening the “Trump Bump,” according to the latest Cass Freight Index report. The shipments index dropped...

Convoy snags historic $400 million investment

[caption caption="Upstart newer entrants in the brokerage industry have shaken up the space, but large and profitable incumbents note they have long invested in their own technological capability. Photo credit: Shutterstock.com."][/caption]As the United States surface transportation market wrestles with the impact of new, well-capitalized brokers entering the space, Seattle-based Convoy...

Convoy snags historic $400 million investment

[caption caption="Upstart newer entrants in the brokerage industry have shaken up the space, but large and profitable incumbents note they have long invested in their own technological capability. Photo credit: Shutterstock.com."][/caption]As the US surface transportation market wrestles with the impact of new, well-capitalized brokers entering the space, Seattle-based Convoy has...

ELDs to reset the rate-making clock: TIA report

[caption caption="Carriers told TIA that driver detention times are not getting better, despite more accurate data about how long drivers are held. Photo credit: Shutterstock.com."][/caption]A “seismic shift” in the valuation of truckload rates is under way and set to pick up speed in the next decade, a report from the...

US truck drivers racking up speeding violations

[caption caption="The number of violations issued to truckers for driving 15 mph or more above limits rose 10.3 percent last year. Photo credit: Shutterstock.com."][/caption]Commerce moves fast across the United States, sometimes too fast. The number of speeding violations issued to US truck drivers increased 7.8 percent in 2018, climbing to...

Challenge to ELD rule resurfaces at FMCSA

[caption caption="Petitioner SBTC claims the ELD rule is contributing to an increase in truck driver speeding. Photo credit: Shutterstock.com."][/caption]With the deadline for the second and final phase of the United States electronic logging device (ELD) mandate looming in December, US regulators are giving a second hearing to a petition that...

US trucking firms make slim employment gain

[caption caption="Trucking appears to be bumping against a hiring ceiling in 2019, as overall US job growth slows. Photo credit: Shutterstock.com."][/caption]Trucking employment increased slightly in October after declining for three months, as for-hire motor carriers surveyed by the US Bureau of Labor Statistics (BLS) added 1,300 jobs, bringing their total...

Truck capacity ‘correction’ changes little for shippers

[caption caption="Trucking bankruptcies appear to have had little effect on capacity in the market. Photo credit: Shutterstock.com."][/caption]Large truckload carriers reduced their overall number of trucks in the third quarter, but not at numbers or at a pace that will have an effect on the current oversupply of truckload capacity. The...

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