Analyst lowers earnings forecasts, truckload hardest hit
Outlook for future improvement to earnings is still hazy as Morgan Stanley analyst lowers fourth-quarter estimates for most transportation companies.
Outlook for future improvement to earnings is still hazy as Morgan Stanley analyst lowers fourth-quarter estimates for most transportation companies.
Most big rigs in the U.S. have tanks that range in capacity from 120 gallons per tank up to 150 gallons and depending on the radius of operation, may have one tank for shorter hauls or two tanks for longer ones.
By R. Eddie Wayland, TCA Legal Counsel The United States Court of Appeals for the Ninth Circuit, which covers nine States including California, recently affirmed a decision by the National […]
High-profile accident leads to database aimed at keeping drug users off the road.
New group will be the first of it’s kind in transportation The TCA Profitability Program (TPP), an exclusive business performance improvement initiative provided by the Truckload Carriers Association, is pleased […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner As 2019 comes to a close and 2020 kicks into gear, now is a […]
On the evening of Friday, December 13, TCA Chairman and Trekker CEO Josh Kaburick and Pilot Flying J’s Wendy Hamilton, recognized nearly 100 professional truck drivers during the 2019 Wreaths […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner In just a few short weeks, our industry will be graced with one of […]
R. Eddie Wayland, TCA Legal Counsel Employers may be well aware of the application of the Americans with Disabilities Act (ADA) in situations where an employee or applicant is “disabled” […]
The Vietnam Veterans Memorial Fund (VVMF) has announced The Wall That Heals national tour schedule for 2020. The Wall That Heals exhibit includes a three-quarter scale replica of the Vietnam Veterans Memorial […]
Tepid volumes with an upside breakout in tender rejections
E-commerce’s role in transforming supply chain logistics should be a factor that Congress considers during the next surface transportation bill authorization.
by FreightWaves’ Linda Baker A limited supply of Christmas trees in Oregon, the country’s No. 1 producer, continues to drive up wholesale and retail costs. The pricetag for Noble Firs […]
Preliminary orders for new Class 8 trucks tumbled again in November after one month of improved bookings, new evidence that a slowing manufacturing economy is sapping all but critical replacement demand.
TCA and our for-hire carrier members have repeatedly affirmed our support for the Federal Motor Carrier Safety Administration’s (FMCSA) electronic logging device (ELD) mandate. Unfortunately, others in the trucking industry […]
The Truckload Carriers Association’s Truckload Academy has unveiled the next generation of its Fleet Manager Certificate Program. Produced in partnership with CarriersEdge, the new program includes updated content and a […]
R. Eddie Wayland, TCA Legal Counsel We have previously discussed the Boeing decision of the National Labor Relations Board (NLRB). In that decision, the NLRB changed its approach to determining […]
Every day, more than 40% of all truck drivers on the road use an hour or more of productive driving time to search for a secure parking spot before their hours of service run out.
by John Kingston, FreightWaves The data is in and it shows pretty clearly what everybody has assumed: In the Southeast at least, the size of the verdicts against trucking companies […]
6-year program includes addressing shortage of truck drivers.
The Truckload Carriers Association, in conjunction with the TCA Profitability Program (TPP), offers a new, virtual, interactive learning experience available to all professionals in the trucking industry. The Truckload Live […]
Operation Victory credits military service time as full or partial truck driving experience.
R. Eddie Wayland, TCA Legal Counsel In a recent Legal Comment article, we discussed how the National Labor Relations Board (NLRB) went back to following a rule established by the […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner On October 21, the public comment period closed for the Federal Motor Carrier Safety […]
The restructuring is keeping 2,500 jobs in place.
Image: Jim Allen/FreightWaves Lincoln’s Logs is brought to you by FreightWaves’ Lincoln Duff Hello and welcome to another edition of Lincoln’s Logs, where I point out some of my favorite […]
by FreightWaves’ Lincoln Duff Hello and welcome to another edition of Lincoln’s Logs, where I point out some of my favorite datasets in SONAR that can empower you to make […]
The transportation industry is in a constant state of flux, experiencing market changes influenced by everything from macroeconomic conditions to hurricane season. Understanding data, learning to benchmark and knowing how […]
Reefer volumes have declined in 2019 as shippers have taken advantage of cheap van rates, but declining production and trade wars have hurt the cause as well.
by Ray Haight, TPP Retention Coach The issue of driver turnover has plagued the industry for decades and, it seems to me, that trucking companies should have made better progress […]
Drive My Way CEO also advises attendees at the Women In Trucking conference to use woman-to-woman messaging.
Review prompted by lax processing of driver convictions.
Hyundai Motor Co. is expanding its fuel cell ambitions to heavy-duty trucks and trailers with a pair of concepts for next week’s North American Commercial Vehicle show in Atlanta.
Trailer orders in September were the highest since February, suggesting another strong year of production in 2020.
Swedish truck maker AB Volvo reported higher third-quarter profits and sales on Friday, October 18. But it warned that orders for new trucks in North America and Europe continue to decline and a strike at its Mack Trucks unit could pinch profits depending on how long it lasts.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner There are many hot-button issues in the U.S. press right now, but the one […]
IMAGE: JIM ALLEN/FREIGHTWAVES Lincoln’s Logs is brought to you by FreightWaves’ Lincoln Duff Hello and welcome to another edition of Lincoln’s Logs, where I point out some of my favorite […]
The Truckload Carriers Association has named Brian Smith of Madisonville, Tennessee, a professional truck driver leased to Mercer Transportation Company of Louisville, Kentucky, a Highway Angel. He is being recognized […]
R. Eddie Wayland, TCA Legal Counsel The United States Court of Appeals for the Fifth Circuit, which is based in New Orleans and has appellate jurisdiction over federal district courts […]
The Truckload Carriers Association has named Robert Wheeler of Crestwood, Kentucky, a professional truck driver with Walmart Transportation of Seymour, Indiana, a Highway Angel. He is being recognized for his quick […]
The Canadian government says employers who abuse the foreign worker program face “serious consequences” after a newspaper investigation reveals how some carriers with bad safety records exploited under-qualified job-seekers and put them on the road.
Tomatoes imported from Mexico could face a supply chain squeeze caused by new regulations finalized in September between the U.S. Department of Commerce and Mexican growers, experts say. The new […]
Trucking market keeps rising against easy comparisons
Image: Jim Allen/FreightWaves by FreightWaves’ Lincoln Duff Hello and welcome to another edition of Lincoln’s Logs, where I call out some of my favorite data in SONAR that can empower […]
Dan Doran suggests the industry should’ve focused on HOS revisions before discussing ELDs.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner For the past several years, the crash statistics for large trucks and buses have […]
Sign up required to access database when it’s fully implemented on January 6.
R. Eddie Wayland, TCA Legal Counsel In the last Legal Comment, we discussed a recent Massachusetts federal district court ruling. Specifically, we looked at the aspect of that decision which […]
The Truckload Carriers Association has named Brian Smith of Louisville, Kentucky, a professional truck driver leased to Mercer Transportation Company also of Louisville, Kentucky, a Highway Angel. He is being […]
The Truckload Carriers Association has named Terry Whittington, a professional truck driver with ABF Freight System, Inc., a Highway Angel. He is being recognized for helping a fellow truck driver […]
After a record year for orders in 2018, fleets and dealers are holding back on placing many new trailer orders, a situation that analysts say could improve in the fourth quarter.
Two big events hit trucking like a hammer this week. What are the long run implications?
Chris Henry, Program Manager, TCA Profitability Program (PHOTO: SHUTTERSTOCK) A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly and […]
OEMs discuss the seemingly endless benefits that accrue from connected truck platforms.
R. Eddie Wayland, TCA Legal Counsel A Massachusetts federal district court recently issued an important ruling addressing whether driver trainees attending a carrier’s orientation program were in fact “employees” of […]
The Truckload Carriers Association has named Terry Whittington of Fort Smith, Arkansas, a professional truck driver with ABF Freight System, Inc., a Highway Angel. He is being recognized for helping […]
Preliminary used Class 8 truck sales fell for the 10th consecutive month in August as used trucks hit the market in bigger numbers because of new truck deliveries from record orders placed in the latter half of 2018.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner On Wednesday, September 11, the House Transportation & Infrastructure Committee’s Subcommittee on Highways and […]
R. Eddie Wayland, TCA Legal Counsel An automotive supplier will be required to revise its no-fault attendance policy after the United States Court of Appeals for the Sixth Circuit’s recent […]
The bulls are coming out in support of truckload carriers, kind of. Several equity analysts are using a recent positive inflection in TL volumes, a belief that fundamentals aren’t getting materially worse, and attractive valuation multiples to become more positive on the stocks.
The Truckload Carriers Association’s (TCA) Scholarship Fund will be providing financial assistance to 52 undergraduate college students for the 2019-20 academic school year. Each student will receive a scholarship ranging […]
IMAGE: JIM ALLEN/FREIGHTWAVES Post by FreightWaves’ Lincoln Duff I hope you had a great long weekend and enjoyed some time with family, football and good food. Although I bet if […]
The Truckload Carriers Association (TCA) and CarriersEdge encourage professional truck drivers and independent contractors to nominate their companies as Best Fleets to Drive For®. The annual contest and survey, now […]
Chris Henry, Program Manager, TCA Profitability Program IMAGE: JIM ALLEN/FREIGHTWAVES A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner IMAGE: JIM ALLEN/FREIGHTWAVES Have you ever heard the saying, “there’s no time like the […]
Image: Jim Allen/FreightWaves FreightWaves’ Lincoln Duff delivered an insightful freight market tidbit Thursday, August 29. Hello TPP Group Members, and welcome to my favorite day of the year: The start […]
Roughly 3,580 drivers will be affected by the FMCSA’s exemption
Image: Jim Allen/FreightWaves FreightWaves’ Lincoln Duff delivered an insightful freight market tidbit from the Cincinnati market Tuesday, August 27. Cincinnati has historically been a positive headhaul market, with more outbound […]
Chris Henry, Program Manager, TCA Profitability Program IMAGE: JIM ALLEN/FREIGHTWAVES A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly […]
Multiple commenters expressed concern about carriers, shippers or brokers coercing drivers to operate in unsafe conditions under the proposed rules.
Truck wait times at ports of entry along the United States-Mexico border are up, from El Paso, Texas, to Otay Mesa, California. Industry professionals said the longer wait times are […]
Most forecasts have been conservative, but not this one.
If theres going to be an exception for trucking, its going to be next year or through the courts.
Chris Henry, Program Manager, TCA Profitability Program A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly and monthly basis. […]
The Truckload Carriers Association has named Kevin Phillips of Sheridan, a professional truck driver with CalArk International, Inc. a Highway Angel. He is being recognized for aiding a woman after vehicle […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner (PHOTO: JIM ALLEN/FREIGHTWAVES) On August 5, the Federal Motor Carrier Safety Administration’s (FMCSA) announcement […]
Earlier today, the Federal Motor Carrier Safety Administration (FMCSA) released a new Notice of Proposed Rulemaking (NPRM) to make changes to the federal hours-of-service (HOS) regulations. These include granting additional […]
Ashley Coker The Truckload Carriers Association has named Ed and Tracy Zimmerman, a husband and wife team who drive for Hirschbach Motor Lines, Inc. “Highway Angels.” They are being recognized for […]
A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly and monthly basis. These standardized KPIs are the foundation of […]
The Truckload Carriers Association (TCA) has named Justin Rockcastle, a professional truck driver with Melton Truck Lines, a Highway Angel for stopping and rendering assistance when a vehicle filled with minors […]
Jack Cooper Ventures says it will be “business as usual” as the auto hauler undertakes a restructuring.
Jim Higginbotham, a professional truck driver for Stone Trucking Company, has been named a Highway Angel by the Truckload Carriers Association (TCA). He is being recognized for his willingness to […]
Christopher Lemaire, a professional truck driver for Revere Transportation, has once again been named a Highway Angel by the Truckload Carriers Association (TCA). He is being recognized for his willingness […]
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner The Federal Motor Carrier Safety Administration (FMCSA) has been in high gear in recent […]
Cody Crisler and Kenneth Meekins, professional truck drivers with Henderson Trucking, have each been named Highway Angels by the Truckload Carriers Association (TCA). Both men are being recognized for their […]
Minimum coverage would increase from $750,000 to almost $5 million.
R. Eddie Wayland, TCA Legal Counsel A federal trial court in Iowa recently ruled in favor of a carrier in a sexual harassment case. The basic factual allegations are all […]
Information related to the national load tender volumes for the last full week of July comes from FreightWaves SONAR.
E-commerce packages are flooding the U.S. The vast majority contain legal products, but U.S. Customs and Border Patrol worries about those that contain illegal or dangerous products.
R. Eddie Wayland, TCA Legal Counsel PHOTO CREDIT: JIM ALLEN/FREIGHTWAVES On July 22, 2019, the Wage and Hour Division (WHD) of the Department of Labor (DOL) issued an opinion letter […]
Companies may not be doing enough to secure their cargo from their own employees.
R. Eddie Wayland, TCA Legal Counsel A trucking company retained two drivers to serve as independent contractors and, on that basis, the company was allowed to make wage deductions, including […]
Ashley Coker PHOTO CREDIT: JIM ALLEN/FREIGHTWAVES The Federal Motor Carrier Safety Administration (FMCSA) has extended its comment period concerning its possible pilot program that would allow non-military drivers under 21 […]
The combination of volume weakness, excess capacity, declining rates and formidable year-over-year earnings comparisons have resulted in the public carriers finally waving the white flag and acknowledging that 2019 will be a struggle.
The transportation and logistics industry is evolving at breakneck speed, and keeping up has never been more important.
The trucking industry’s technical recession is causing real-world impacts to the used truck market, where sales continue to fall and even sought-after low-mileage rigs are under pressure. Preliminary used Class […]
Ashley Coker IMAGE: JIM ALLEN/FREIGHTWAVES Carriers steering clear of Louisiana due to precarious weather conditions can start accepting loads into the state again. While Hurricane Barry caused serious flooding over […]
ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.
The Truckload Carriers Association (TCA) announced its support of S. 2033, The Cullum Owings Large Truck Safe Operating Speed Act of 2019. The bill would require new trucks weighing over 26,000 […]
Ashley Coker PHOTO: SHUTTERSTOCK Small business owners across the nation slipped off their rose-colored glasses last month. The National Federation of Independent Business (NFIB) Optimism Index fell 1.7 points to […]