by - June 10, 2020 3:09 pm
The number of trucking companies that have filed for bankruptcy during the COVID-19 pandemic has not been as bad as expected even as freight demand fell, an analyst said. In…
by - May 28, 2020 2:00 pm
Freight rates and demand are expected to rise as the economy starts to reopen and capacity tightens, analysts said. In a recent webinar, Chris Pickett, chief strategy officer for Coyote…
by - May 19, 2020 12:30 pm
Spot rates have started to rise and capacity has tightened amid produce season while truck tonnage fell by the highest rate in 26 years in April. American Trucking Associations’ advanced…
by - May 5, 2020 1:00 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. continues to develop its digital freight platform J.B. Hunt 360 as the COVID-19 pandemic has made the company evaluate its priorities, a company…
by - April 21, 2020 2:34 pm
Earlier this year, at the beginning of the COVID-19 (coronavirus) heath emergency, Springdale-based brokerage Dana Transportation Inc. experienced a few weeks in which business doubled. It has since declined as the…
by - March 16, 2020 4:29 pm
The trucking industry has received a reprieve from the hours of service rule for drivers who are hauling freight to provide relief in the national emergency that is the healthcare…
by - March 2, 2020 2:46 pm
The coronavirus, or COVID-19, has thrown a new level of uncertainty into the 2020 outlook for the transportation industry. Meanwhile, spot rates are expected to rise as contract rates fall…
by - February 10, 2020 5:12 pm
The trucking industry is expected to have a good year in 2020, compared to 2019, as the U.S. economy grew about 2.2%, and that level of growth should be sustainable…
by - August 22, 2019 2:26 pm
A softer freight market has led spot rates to decline amid excess capacity, and the rates are expected to flatten through the remainder of 2019, logistics experts said. Ben Cubitt…
by - August 14, 2019 1:36 pm
Trade organizations in the trucking industry praised the Federal Motor Carrier Safety Administration (FMCSA) for looking to change to the hours of service rule as a means to improve highway…
by - May 9, 2019 3:17 pm
Trucking freight demand was soft in April, and this is likely to continue into May amid high retail inventory levels after the late 2018 and early 2019 pull forward in…
by - April 30, 2019 3:02 pm
Amazon recently announced the launch of a truck brokerage segment, and the move is expected to put pressure on margins of existing freight brokers as the online retailer shifts to…
by - March 22, 2019 12:47 pm
Freight tonnage fell in February, but four regulations facing the trucking industry should have a positive impact and improve safety. Trade organization American Trucking Associations’ (ATA) advanced seasonally adjusted For-Hire…
by - January 8, 2019 12:49 pm
Truckload companies operated in a favorable environment in the fourth quarter, but it wasn’t as strong as previous quarters in 2018. And capacity wasn’t as tight as it was in…
by - November 20, 2018 4:36 pm
Trucking and transportation analysts recently hosted fall conferences, and they followed them with notes showing the truckload freight market continues to remain positive but not as strong as it was…
by - September 18, 2018 12:22 pm
Arkansas has the highest percentage of private sector employees who work in the trucking industry, according to the American Trucking Trends 2018 report. The report showed one in 12 people,…
by - June 22, 2018 11:16 am
Rising fuel prices and tightening capacity in the trucking industry have some shippers transporting more freight via rail as carriers feel the effects of high fuel prices, which are expected…
by - June 7, 2018 3:28 pm
The Federal Motor Carrier Safety Administration (FMCSA) recently released guidance on drivers who operate commercial vehicles while off duty, and in an industry note, analyst Brad Delco and associate Scott…
by - May 7, 2018 2:25 pm
As prices rise and investors keep tabs on inflation that might slow industry growth, tight capacity for truckload and some rail carriers has led them to invest in their fleets…
by - April 25, 2018 3:13 pm
Tax reform has led trucking companies across the nation to give pay increases to employees and invest into equipment, and recently, trade organization American Trucking Associations and its members promoted…
