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Economics

Brian Straight Wednesday, May 3, 2017

How weather impacts trucking

To highlight the impact weather can have on trucking, and to highlight their new partnership, TransFX, which is seeking to offer trucking freight futures contracts, and Riskpulse, a supply chain risk analytics firm, have produced an infographic that provides a few surprising facts about weather-related delays.

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Brian Straight Friday, April 28, 2017

Week in Trucking: Are GHG rules set for a review?

This Week in Trucking, the EPA has filed a court brief seeking a delay in a challenge to its greenhouse gas regulations, leading to speculation that the agency may review the upcoming Phase 2 rules. Also, the government has acknowledged it is lacking answers for regulating automated vehicles, Amazon jumps into the driverless vehicle arena and the economy is off to a slow start in 2017.

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Brian Straight Wednesday, April 26, 2017

Gambling with NAFTA trade

President Donald Trump’s decision to place softwood lumber tariffs on Canada this week might be an indication that the administration is set for a reset on the North American Free Trade Agreement (NAFTA). It is a gamble that potentially puts billions of dollars in NAFTA trade shipments at risk – much of it hauled by trucks.

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Brian Straight Tuesday, April 18, 2017

What will full stability regulation cost trucking?

Trucking fleets have been hit with a series of equipment price increases in recent years due to new government regulations, including thousands of dollars for tractors due to greenhouse gas regulations. The new electronic stability control regulation, though, may be one where the benefit far outweighs its minimal cost.

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Brian Straight Wednesday, April 12, 2017

How to gain a pricing advantage with futures markets

A futures market will react to the underlying fundamentals of its physical market because in the end, the futures price is linked to the physical market. But, the opposite is also true. A physical market can look to a futures market for transparency and guidance on rate structure. A developing trucking freight futures market might be the answer to solving these industry issues. 

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Brian Straight Thursday, April 6, 2017

Dynamo boosts disruptive trucking startups

The transportation industry is ripe with startups hoping to be the one that disrupts a $726 billion industry, but without help, most don’t last. Dynamo is a Chattanooga-based venture capital firm that specializes in the logistics space and is helping a few of these startups gain a solid foothold in transportation.

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Brian Straight Wednesday, April 5, 2017

New twists in freight invoice factoring

In a world which carriers want to be paid quickly for their services, brokers have long turned to factoring as an option. Technology, though, is changing the payments business, and that means quicker payments for carriers and more cash flow flexibility for brokers. 

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Brian Straight Tuesday, April 4, 2017

Blockchain offers big financial payoff

Unlike some technologies, blockchain technology is not likely to displace many workers in the trucking industry. It does promise, however, to streamline financial operations and compliance reporting to make those operations more seamless, potentially saving fleets tens of thousands of dollars.

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Brian Straight Wednesday, March 29, 2017

A guide to blockchain

Blockchain is a relatively new term used to describe a series of distributed databases that act as a tamper-proof, verifiable ledger. As with any new technology, blockchain has its own terminology. Here is a listing of some of the most important terms and their meanings.

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Brian Straight Tuesday, March 28, 2017

R2D2 may make your next delivery

While most people assume that drones will someday be making home deliveries, there are other possibilities including droids and even mobile parcel lockers. Whatever method or combination of methods are chosen, though, last-mile delivery may never be the same.

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Brian Straight Friday, March 24, 2017

March 17-24: The week in trucking

In this week’s edition of The Week in Trucking, the trucking industry gets an audience with President Donald Trump, drivers may not be needed in California, are robots are set to take over warehousing and FMCSA pulls a controversial safety-focused rule.

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Brian Straight Thursday, March 23, 2017

ELDs and the insurance impact

As many drivers and small fleets worry about the impact on productivity and cost with the upcoming mandate to install electronic logging devices, one overlooked aspect is what impact ELDs will have on their insurance rates. 

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Brian Straight Friday, March 17, 2017

March 13-17: The Week in Trucking

Each week, the industry sees the introduction of new technologies and regulations along with information that affects how each carrier, shipper, and 3PL operates. Each Friday, FreightWaves will provide a look back at some of the industry’s top stories you may have missed. 

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Brian Straight Thursday, March 9, 2017

The next Internet: Autonomous trucks

A University of Michigan study found that only 9.7% of those surveyed said they have no concerns about fully autonomous vehicles. But what about driving alongside an 80,000-lb. autonomous big rig? These are already being tested on roads and could be operational within five years. Is the industry ready for the disruption autonomous trucks will cause?

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Brian Straight Thursday, March 9, 2017

The Freightliner Inspiration Autonomous Truck

While much attention has been paid to autonomous trucks recently thanks to startup companies such as Otto, Embark and Startsky Robotics, many forget that the first company to test an autonomous vehicle in highways was truck manufacturer Daimler Trucks North America. Here is a look at the Freightliner Inspiration.

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Brian Straight Thursday, February 23, 2017

TransFX taps DAT data for Trucking Futures Exchange

Those on both sides of the freight business have struggled for years with volatile shipping rates. Contracts get locked in for months or more with no assurance that the contract will reflect current prices when loads are delivered. TransVix believes part of the solution to this problem is the creation of a Trucking Futures Exchange. 

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