Operations: Page 71
-
March TL linehaul rates lowest since 2009, Cass says
Shipper spending on transport fell 8% in March, and Cass said it expects transport pricing to remain low through May.
By S.L. Fuller • April 15, 2020 -
FedEx Freight furloughs undisclosed number of workers
FedEx officials said the action was due to the economic impact of COVID-19, and was necessary "to protect the financial stability of the company."
By Jim Stinson • April 14, 2020 -
Deep Dive
Coronavirus slowdowns and shutdowns: What's next for trucking?
With COVID-19 cases reaching peak in parts of the U.S., fleet executives turn their attention to post-pandemic demand.
By Jim Stinson • April 14, 2020 -
After March panic peak, load volume returning to normal
Coronavirus-driven demand boosted trucks in March, but now load normalcy may be returning.
By Jim Stinson • April 13, 2020 -
Lower oil and diesel prices are a mixed bag for trucking
Cheap oil could mean layoffs for some fleets.
By Jim Stinson • April 9, 2020 -
WTO predicts dismal trade levels in 2020, spelling trouble for intermodal, owner-operators
Optimistically, global trade would decline by 13% year over year. In a pessimistic outlook, the decline is 32% or more YoY.
By S.L. Fuller • April 9, 2020 -
Imports reach 5-year low, signaling drop in demand for transport
The National Retail Federation expects below-normal import volumes through early summer and said cargo could sit longer than usual at ports.
By Shefali Kapadia • April 9, 2020 -
Consumer demand pushes March truck levels above February
COVID-19 has kept trucks busy, but are rates dropping?
By Jim Stinson • April 8, 2020 -
Shutdown-impacted businesses taking PPP loans may risk losing CARES Act tax benefits
Until rules are released, it's not clear paying expenses with stimulus loan funds will help a business come tax time.
By Robert Freedman • April 7, 2020 -
Transportation bottlenecks snarl inputs to food supply chains
Truck driver shortages, port personnel heath checks and other obstacles related to COVID-19 containment and mitigation efforts are keeping grain and other commodity supply chains from flowing normally.
By Emma Cosgrove • April 7, 2020 -
Fleets breeze along highways but get hit with longer dwell times
During the coronavirus crisis, shippers' best efforts at planning are falling short, with unachievable appointment times up 18% in March compared to February, according to a FourKites' CTO.
By Jim Stinson • April 6, 2020 -
Coronavirus drives fleets toward tech for training, recruitment
COVID-19 gives no rest to fleets from the crucial task of recruiting and training drivers and has pushed carriers to move the processes online.
By Jim Stinson • April 6, 2020 -
Daimler limits production as Paccar, Mack extend shutdowns
Market forces and social distancing are keeping OEMs offline longer than anticipated.
By Jim Stinson • Updated April 7, 2020 -
Roadrunner thins down to asset-light LTL with sale of Stagecoach
The carrier identified its sell-off strategy as a way to simplify its portfolio and become a leaner LTL company, a trend visible at other firms too.
By Jim Stinson • April 3, 2020 -
Mack, Daimler offer fleets finance programs to keep cash flowing
The programs aim to help fleets make buying decisions in the middle of a pandemic.
By Jim Stinson • April 1, 2020 -
COVID-19 treatment, tests could increase employers' 2020 healthcare costs by 7%
Costs per infected person were estimated at $250 for mild cases, $2,500 for moderate cases, $30,000 for severe cases and close to $100,000 for catastrophic cases.
By Ryan Golden • April 1, 2020 -
MoneyBlogNewz. (2010). "Competition in Shipping" [Photograph]. Retrieved from Flikr.
UPS, FedEx suspend service guarantees citing coronavirus impact
UPS declined to "speculate about future policies" when asked if it is considering a force majeure declaration and if the service guarantee will return after the COVID-19 crisis resolves.
By Emma Cosgrove • April 1, 2020 -
UPS, FEMA boost collaboration in coronavirus response
Transport firms are operating as essential businesses, rushing to supply the public and private sectors with health equipment and pharmaceutical items.
By Jim Stinson • March 31, 2020 -
Spot market displays new behavior as COVID-19 shifts demand
Coronavirus has put more spot-market trucks on routes once less lucrative.
By Jim Stinson • March 31, 2020 -
ATA: Trucking will benefit from $2.2T stimulus bill
The American Trucking Associations praised the bill for allowing smaller businesses to get disaster-related loans.
By Jim Stinson • March 30, 2020 -
TuSimple, ZF plan for the next step in truck autonomy
The companies will begin a partnership in April, bringing trucks to market and furthering TuSimple's goal of removing the driver from the equation.
By Jim Stinson • March 30, 2020 -
Ceva Logistics declares force majeure, reflecting coronavirus hardships
Just three weeks ago, CMA CGM touted Ceva as an important tool in bolstering service continuity in light of the COVID-19 disruption.
By Emma Cosgrove • March 27, 2020 -
ATA economist predicts Q2 woes for trucking
Tonnage numbers are bound to soon drop, no matter the demand for food, medical supplies and cleaning staples, according to Bob Costello.
By Jim Stinson • March 26, 2020 -
Canada issues HOS exemptions for coronavirus response
The list of freight qualified for the hours-of-service exemption is identical in the U.S. and Canada. But there are more rules to follow north of the border.
By S.L. Fuller • March 26, 2020 -
Bottlenecks dramatically disappearing as trucks zip through, ATRI finds
On some of the country's most notoriously congested interstates, average speeds are more than double usual traffic flow.
By Jim Stinson • March 24, 2020