Operations: Page 69
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Courtesy of Daseke
Spot rates recover in long, slow slog back to normality
Data from DAT shows van, reefer and flatbed rates have returned to pre-shutdown levels, coinciding with industry leader predictions that the economy is poised for a sharp reopening.
By Jim Stinson • June 12, 2020 -
How volume uncertainty plays into the RFP process
Carriers should look for shippers to be transparent in the bidding process, because volume estimates made at the end of last year don't hold water now.
By Gary Wollenhaupt • June 10, 2020 -
Courtesy of Navistar
Navistar maintains US operations but has challenges with suppliers in Mexico
Company officials said a drop in the truck segment was partially because of lower Mexico volumes and a decrease in GM-branded units being sold.
By Jim Stinson • June 4, 2020 -
Fleets weigh whether to keep pandemic-driven digital changes
Some are concerned a growing impersonal transactional model could threaten trucking's historic reliance on relationships with customers.
By Jim Stinson • June 4, 2020 -
For firms on the cusp of bankruptcy, Section 363 or Chapter 11?
The Section 363 process can result in quicker sales and more proceeds to secured creditors, but there are risks.
By Robert Freedman • June 3, 2020 -
Knight-Swift sees potential for 'acute tightness' in capacity for Q4
As demand comes back online, there is opportunity for a favorable carrier advantage, the CEO said.
By Jim Stinson • June 3, 2020 -
Courtesy of ATA
ATA forges ahead with MCE as other conferences cancel
Conferences are a major source of income for trucking, freight and logistics organizations, and the pandemic did substantial damage to the revenue of the parent firms of such events.
By Jim Stinson • June 2, 2020 -
Breaking down the benefits: Fleets welcome final HOS rule
Proponents of the FMCSA's final rule tout the flexibility it gives drivers, which is all the more important during pandemic-driven uncertainty.
By Amanda Loudin • June 1, 2020 -
Courtesy of Hirschbach
Hirschbach moves all training online, spurred by the pandemic
The switch to digital hiring and training is made easier because the fleet usually hires drivers with experience on the road and a CDL ready to use.
By Jim Stinson • May 29, 2020 -
Courtesy of UPS Press Kit
Regulatory hurdles stand between drones and trucks working together in the last mile
A hybrid system diverts workload away from a driver, allowing fleets and drones to deliver in tandem, according to MIT research.
By Morgan Forde • May 29, 2020 -
Diesel stops 19-week slide after fleets contend with historic low oil prices
As diesel prices rise, fleets will likely make more aggressive use of added technology and aerodynamics to control diesel costs, which is usually a fleet's second-largest expense.
By Jim Stinson • May 27, 2020 -
Cross-border fleets grapple with downshift in US-Mexico activity
Tumbling oil prices and manufacturing shutdowns have slowed truck traffic at the border, leaving fleets with no clear path of what comes next.
By Jen A. Miller • May 26, 2020 -
Truck stocks strengthen as market conditions improve
After the trucking industry endured conditions in April that one analyst described as "worst of the worst," focus is shifting to recovery.
By S.L. Fuller • May 25, 2020 -
Coyote: Trucking recovery to begin in 2021 with inflationary spot market
A downturn in capacity, as shipper demand recovers, will exacerbate the difference between spot and contract pricing.
By Jim Stinson • May 22, 2020 -
Truck movement increases with help from CPG, food volumes
FourKites' Glenn Koepke warned fleets should not expect sudden jumps in loads, and industrial volumes will likely remain down through Q3.
By Shefali Kapadia • May 20, 2020 -
April tonnage shrinks, but seasonal work nudges rates up
Spot truckload rates are getting healthier, especially in produce regions where harvests are hitting supply chains.
By Jim Stinson • May 20, 2020 -
FedEx, Microsoft partner on 'near-real-time' parcel tracking
The first product from the partnership, FedEx Surround, traces parcels at the ZIP code level.
By S.L. Fuller • May 19, 2020 -
Courtesy of Comcar
PS Logistics buys Comcar’s CT Transportation as carrier files for bankruptcy
As the economy wobbles, some carriers with cash court distressed competitors.
By Jim Stinson • Updated June 30, 2020 -
Cass: April volume hits 'recessionary levels,' capacity cuts remain open question
Expenditures fell less than shipments, indicating the volume moving was higher revenue per shipment as a result of longer hauls, according to Cass.
By Matt Leonard • May 18, 2020 -
FTR: Trucking market hits lowest point, long road to recovery ahead
Analysts expect incremental improvements to the market that will vary by industry and geography.
By Jim Stinson • May 15, 2020 -
Courtesy of YRC Worldwide
YRC/Yellow's survival taleYRC troubles increase as Stifel suspends estimate, ratings
As YRC struggles to attain profitability, analysts expect LTL competitors to gain from the carrier's woes.
By Jim Stinson • May 14, 2020 -
Dynamic route planning becomes the new norm
Fleets are leaning on software and route optimization strategies to manage volatile volumes during the pandemic.
By Amanda Loudin • May 14, 2020 -
Low truck rates factor into Union Pacific's cold chain shutdown
The coronavirus has caused rates on the trucking spot market to fall, making it difficult for rail companies to compete.
By Matt Leonard • May 13, 2020 -
Coronavirus hits Michigan freight movement hardest, Inrix finds
The corridor from Michigan to Texas has the lion's share of North America's automotive assembly plants and their 1,000 suppliers. Production shutdowns caused major freight changes in the central part of the U.S.
By Jim Stinson • May 13, 2020 -
Courtesy of YRC Worldwide
YRC/Yellow's survival taleYRC seeks better cash position as crisis cuts volumes
The coronavirus arrived when the company was already navigating weaker industrial markets.
By Jim Stinson • May 12, 2020
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