Freight Railroads Get Boost from Tight Trucking Markets

Freight Railroads Get Boost from Tight Trucking Markets

U.S. railroads posted a 6.5% increase in intermodal traffic in March, according to a report from the Association of American Railroads, making the month “Easily the best” March in history. The trade group said intermodal volume is tracking to top records set last year, with growth accelerating in April. The…

Lanier Tech expands CDL program to meet trucking demand

Truckers aren’t always looked upon endearingly on the road, Edwards said,“Everyone wants to blame a trucker,” he added. Learning these things and more will be the challenge for the eight to 10 expected in the upcoming eight-week summer course the college is offering. The Lanier Tech program presents a few…

Busia one-stop border post renders hundreds jobless

There was hope for better trade when President Uhuru Kenyatta and his Ugandan counterpart, Yoweri Museveni, opened the Sh1.3 billion Busia One Stop Border Post in February this year. What was meant to streamline processes by marking the end of a manual system has come with pain. As much as…

More than 80% of carriers optimistic about 2018: TransCore

Canadian carriers and brokers benefited from a strong market in 2017, and are optimistic about the current year, according to a new report from TransCore Link Logistics. Seventy-three percent of respondents were carriers, while 27% were brokers. Most reported that the increase in load volumes seen in 2017 positively impacted…

Uber Freight Seeks to Corral Truckers With Discount Program

Uber Freight has an offer that it hopes truck drivers cant refuse thousands of dollars in discounts on Navistar’s International brand big rigs if truckers use its freight-matching service. Uber also will provide price breaks for maintenance, tires, gas and cellphone services. that have materialized as freight demand climbs and…

Kenworth Donates T680 to Award Honoring Veterans Who Become Truckers

Kenworth’s T680 Advantage donation to the Transition Trucking program supports military veterans transitioning into trucking careers. Learn about this initiative encouraging veterans’ entry into the industry.: For the third consecutive year, Kenworth has donated a T680 Advantage to the Transition Trucking: Driving for Excellence program recognizing the top rookie military…

How shippers and 3PLs can partner to weather the freight industry

As noted by the Cerasis white paper, “variable logistics operations will become standard.” Keeping up with changing consumer tastes is the priority, and that means maintaining the flexibility to change orders, change delivery addresses and adjust delivery timeframes according to demand. The Cerasis white paperbacks up Greathouse’s assessment. “As demand…

FR8Star and Comdata Release Heavy Haul Freight Carrier Survey

There are over 12,000 freight brokers in the U.S. For more than 50 years, oversize/overweight loads have been primarily booked through these brokers via phone, fax and email. To illustrate, 42 percent of truckers surveyed have used traditional brokers. Of those, three in four classified their experience as positive, but…

Freight Rates Soar for Small-Business Truckers in January

It’s a big turnaround from recent years when there wasn’t enough freight demand to fill up all the nation’s trucks and drivers struggled to get attractive rates. This year will be the best for the trucking industry since 2005, said David Ross, an analyst at Stifel Financial Corp. “There are…

Trucking economy: Looking back and looking forward

He was cautious a year ago about investment, exports and government three of the five elements that make up TEA, the other two being consumption and imports but by the end of the year, government spending was the only area of caution. Dieli uses a tool called the Enhanced Aggregate…

Tax Reform: A Negative For The Stock Market

Part of the recent gains can certainly be attributed to the recent tax bill that has sent corporate tax rates to 21% from the previous rate of 35%. If stocks go up in anticipation of tax reform, investors are implicitly expecting that cuts will flow through into businesses’ income. It…

What does the ELD mandate mean for the trucking space?

The same might soon happen for the trucking space, thanks to the electronic logging device mandate. And a lot of backlash, including an opposition rally held by truckers earlier this month, the mandate finally went into effect this week, allowing compliance deadline, inspectors and roadside enforcement personnel to start documenting…

How Tesla’s Semi will dramatically Change the trucking industry

The Tesla Semi offers something to the trucking industry that could drastically alter the entire freight moving sector. The trucking industry has seen major changes since it began roughly a century ago and has, despite the assumptions of many outsiders looking in, been one of the more technologically-advanced industries in…

Driver Turnover at Big Trucking Firms

The pace of driver turnover at big motor carriers rose to 95 percent in the third quarter of 2017, up 14 percentage points from the same period a year earlier. The third quarter turnover rate is up five percentage points from 90 percent in the second quarter of this year,…

Revenues Rise in 3Q for 3PLs

The third quarter saw a rise in freight shipments and revenues for logistics brokers compared with the same period a year ago, but profit margins fell 40 basis points due to cost increases in the spot market for trucks, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report. Total…

Rising Freight Broker Demand

In this week’s Thomas Index I’m going to cover what we call the “Thomas Index Four by Four.”. These are four product or service categories that have seen an upward trend in sourcing activity in the Thomas Network at Thomasnet.com, for at least four weeks running. First up is the…

Local trucking firm sells one division

GERING -Local trucking firm sells one division, Nebraska Transport Company, founded in Gering in 1973, recently underwent a major change, but most people will see no differences. NTC owner Brent Holliday, the second generation of the family to operate the business, has sold the LTL small package delivery division to Cross…