Latest posts about Trucking
Page 43 of 94 pages.
Trucking companies breathing sigh of relief after Calif. judge issues injunction on AB5
February 6, 2020
Top trucking executives are breathing a sigh of relief after a California judge recently issued an injunction against Assembly Bill 5 (AB5), a law governing owner-operators that potentially could be very disruptive to trucking operations in the nation’s most populous state. Truck drivers are divided on AB5, a California law that limits when workers can be contractors instead of employees. Some local port drayage operators supported the measure which would have limited owner-operators in that sector.
Seattle-based FreightWeb makes market entrance, with a sharp focus on partial truckload transport
February 4, 2020
FreightWeb is financially backed by Madrona Venture Group and 8VC, with the latter having also backed Flexport, Flexe and other logistics technology-focused companies. The company is led by Will Payson, whom serves as co-founder and CEO, and its team has a combined 50 years of logistics experience in previous leadership roles at FedEx and Amazon, as well as various carriers and brokerages.
I Squared Capital to combine American Intermodal Management with FlexiVan
January 27, 2020
Formed as a logistics platform by I Squared Capital in 2016, AIM has grown into a leading chassis lessor providing GPS-enabled services to retailers, logistics companies and shipping lines in the U.S. intermodal supply chain.
FTR’s Shippers Conditions Index sees mild increase
January 22, 2020
For November, the most recent month for which data is available, the SCI edged up 0.6% to a 7.0 reading on the heels of three consecutive readings at 6.4 from August through October.
Truck tonnage volumes see modest gains, reports ATA
January 21, 2020
The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for December—at 118.2 (2015=100)—topped November’s 113.6 reading by 4% after a 3.4% decline from October to November.
Spot market dry van and reefer rates finish 2019 on a high, reports DAT
January 20, 2020
DAT said there were some seasonable elements in the mix, with spot rates rising in December over each of the last five years, as December van and reefer rates each registered their highest levels going back to January 2020.
FTR’s Trucking Conditions Index reading remains in neutral
January 20, 2020
For November, the most recent month for which data is available, the TCI reading was -1.58, a mile backwards step from October’s -1.04 reading. October marked an improvement over September’s -2.94, the lowest reading since May 2019.
‘Nuclear’ accidents send truck insurance rates soaring and carriers scrambling
January 17, 2020
Insurance rates for trucking fleets are soaring, sending trucking executives scrambling for coverage even for some of the safest fleets in the land. The reason, according to top trucking executives and transportation attorneys, is the rise in so-called “nuclear settlements” either awarded by a jury or negotiated by attorneys in a wrongful death lawsuit involving a heavy truck.
Transplace brings Lanehub into the fold in a strategic acquisition
January 15, 2020
Dallas-based Transplace, a non asset-based third-party logistics services provider, said it has acquired Green Bay, Wis.-based Lanehub, a cloud-based platform and community focused on shipper-carrier collaboration by automatically identifying and connecting companies with complementary freight lanes to save on shipping expenses.
Convoy introduces ‘hassle-free’ lumper payments within its mobile app
January 9, 2020
With this offering, the company said carriers are now able to request and receive lumper payment codes immediately and subsequently eliminate time-consuming phone calls and out-of-pocket expenses that typically take several weeks for reimbursement.
Rate Outlook 2020: Fortune Favors the Bold
January 8, 2020
The unstable market conditions with respect to price, capacity, service and cost means that it’s simply not possible to maximize network effectiveness and performance with traditional methods. Looking ahead at each of the key modes, our team of experts offers a series of observations and recommendations as we launch into 2020.
DAT and Knight-Swift team up for Q1 rate forecasting pilot program
January 8, 2020
This pilot program leverages DAT’s RateView, which DAT said is the largest and most historically complete database on freight transactions in the trucking sector and provides what it called actionable short-term and long-term insights into transportation markets. RateView provides forecasts of more than $68 billion in annual freight transactions, according to DAT.
TMS solutions will become a priority for motor carriers in 2020, says Blume Global
December 27, 2019
Low- or no-cost TMS-like solutions will become a priority for motor carriers, asserts Blume Global CEO Pervinder Johar, who adds that motor carriers are a critical link in the supply chain — yet they are the most dispersed and least connected of transportation modes.
Echo Global Logistics CEO Waggoner provides a deep dive on market trends and issues
December 26, 2019
Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based 3PL Echo Global Logistics, about various topics, including pricing, capacity, trucking insurance, and Peak Season.
Truckstop.com and Redwood Logistics announce technology integration partnership
December 18, 2019
Boise, Idaho-based Truckstop.com, a load board and provider of spot market freight matching services, and Chicago-based 3PL Redwood Logistics said they are partnering up to mesh their Truckstop.com’s instant load booking feature, entitled Book it Now, with Redwood’s LoadRunner TMS.