Trucking

The analysis, entitled “Charged Logistics: The Cost of Electric Vehicle Conversion for U.S. Commercial Fleets,” takes a deep dive into the myriad challenges related to converting to EVs, including what it called evolving state and federal legal requirements focused on transitioning to zero-emissions vehicles.

The Bureau of Labor Statistics' latest report shows trucking job dip, signaling industry challenges amid contract negotiations and seasonal shifts.

FTR reported that preliminary April net orders, at 14,400 units, were off 25% compared to March and 12.5% annually. And it added that over the last 12 months, total Class 8 orders were at 267,700 units. ACT reported that April Class 8 orders, art 15,600 units, were off 1,800 units compared to March, while posting a 30% annual gain, in what it called a very easy year-ago comparison.

The report’s first quarter shipment index value, at 87.5, was off 7.8% compared to the fourth quarter and down 21.6% annually.On the spend side, the report observed that the first quarter reading, at 194.7, fell 27.9% annually and was down 16.8%, from the third fourth quarter to the first quarter.

Taki Darakos, Pitt Ohio’s fleet manager who oversees the acquisition and maintenance of 1,550 company-owned tractors and box trucks, testified before Congress on the technological, operational and financial challenges fleets face as federal and state regulations mandate the adoption of battery-electric trucks.

Commercial truck delays at El Paso border crossings, initiated by reinstated Texas safety inspections, costing valuable time and money.

Entering into some form of asset-pooling agreement, operationally enabled by AI-based solutions, can help reduce non-productive expenses, improve service, enhance margin and lead to greater market share.

TIA said that this 40-page publication takes a deep dive into the latest trends in supply chain fraud, as well as help TIA members take the necessary steps to develop and implement their own policies and procedures in order to reduce potential fraud and cargo theft.

Over the next five years, thousands of autonomous trucks will cruise America’s public freeways as the industry undergoes a radical shift.

Wabash's TaaS offers flexible trailer solutions without the risks and costs of ownership or leasing.

The FMCSA's highly-touted pilot to recruit drivers under 21 has been a disappointment, with numbers far below initial projections.

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index fell 2%, to 113.4 (2015=100), following a 4% February gain, to 115.7, and a 3.2% January decline.

For February, the most recent month for which data is available, the SCI reading came in at -1.4, below January’s 3.4, which was 3% below December’s 6.4 reading and also below November’s 6.3.

From February to March, the the van TVI, at 260, was up 4%, with the refrigerated TVI, at 200, up 2.6%, and the flatbed TVI, at 242, up 4.4%.

During this podcast, Nightingale provided a detailed overview of the new Cowen/AFS Freight Index report and variuous market issues.