Freight availability outpaces truck capacity, continues to drive rates higher as market balance tightens
Freight levels rose faster than the number of available trucks in October, driving prices higher. That’s the general consensus among several data sources viewed.ACT...
XPO Logistics announces plans to split company, spin off logistics and warehousing segment
GREENWICH, Conn. — XPO Logistics Inc., a worldwide freight transport, truck brokerage and logistics company, announced this week that the company will split its...
Consider carefully before signing a contract
Owning your own truck can be a rewarding experience, but it can also be an exercise in frustration. Like any business, there are tasks...
GM walks away from stake in electric vehicle maker Nikola
NEW YORK — General Motors will not be taking a stake in the electric vehicle company Nikola, which announced Monday, Nov. 30, that it...
Carrier culture: These 7 questions can help determine a potential employer’s values
One of the most important — and most often overlooked — factors in choosing a carrier to work for is the “culture” you’ll find...
2020 has been ‘roller coaster ride’ for motor carriers, says ACT Research
COLUMBUS, Ind. — Motor carriers across the board — from big fleets to owner-operators and their vocational counterparts — have ridden a down-and-up roller...
When safety is a personal value instead of just a priority, compromise doesn’t happen
There’s a difference between values and priorities. On the surface, they seem similar, but let’s take a closer look.For example, imagine you’re hungry. Maybe...
Safety pioneer Steve Bryan joins Drivewyze team as senior advisor
DALLAS — Steve Bryan, an expert on safety data, has joined Drivewyze as a senior safety advisor, the company announced last week. Bryan will...
Fleet owners have gone ‘from fear, to hope, to optimism’ as Class 8 sales...
U.S. sales of new Class 8 trucks declined slightly in October, according to figures received from ACT Research. During the month, 19,034 trucks were...
Average marginal cost per mile for trucking drops to $1.65, ATRI report shows
ARLINGTON, Va. — The American Transportation Research Institute (ATRI) this week released the findings of its 2020 update to “An Analysis of the Operational...
ATA’s October Truck Tonnage Index down 6.3% from September, 8.7% below October 2019
ARLINGTON, Va. — American Trucking Associations’ (ATA) advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 6.3% in October after gaining 5.7% in September. In...
Tight supply-demand balance reflected in ACT’s latest for-hire index
COLUMBUS, Ind. — The latest release of ACT Research’s For-Hire Trucking Index, which includes data for October, shows a second consecutive month of record...
FMCSA clarifies agricultural commodity definitions for farmers, commercial drivers
WASHINGTON — The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has published a final rule clarifying agricultural commodity and livestock definitions...
Knichel, Teuton tie for this year’s ‘Influential Woman in Trucking’ award
PLOVER, Wis. — Kristy Knichel, CEO of Knichel Logistics, and Jodie Teuton, vice president of Kenworth of Louisiana/Hino of Baton Rouge and Monroe, have...
U.S. Xpress, MIT partner to improve driver efficiency
CHATTANOOGA, Tenn. — U.S. Xpress Inc. is collaborating with the Massachusetts Institute of Technology’s (MIT) Center for Transportation & Logistics to develop a roadmap...
Medallion Transport names Jesse Merrell as new chief operating officer
MT. LAUREL, N.J. — Medallion Transport Holdings has appointed Jesse Merrell as chief operating officer (COO).Merrell has served as vice president of Medallion’s heavy haul...
Make the most of fuel surcharges by squeezing the most from each gallon
Fuel discounts are good. So are fuel surcharges. If you’re an owner-operator, you’ll be able to quickly answer this simple question: What is your...
Tenstreet acquires Stay Metrics, companies plan to provide enhanced resources for driver recruiting, retention,...
TULSA, Okla. — Tenstreet, a provider of driver-recruiting software and workflow solutions for the trucking and transportation industry, has acquired Indiana-based Stay Metrics, a...
Industrial truckload shipments see decline, while retail markets show definite benefit for smaller carriers
Trucking capacity continued to be tight in September, with plenty of freight to haul and too few trucks to haul it. The result was...
TRATON, Navistar announce definitive merger agreement at $44.50 per share, total cost nearly $3.7...
MUNICH and LISLE, Ill. — TRATON SE and Navistar International Corp. announced Nov. 7 that the two companies have reached a definitive merger agreement....
