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Brian Straight Thursday, May 25, 2017

11 tips for freight brokerage success

If it seems that freight brokerage – both digital and traditional services – are popping up on a daily basis, it could be because they are, or it at least it seems that way. Digital freight matchers (DFMs) include familiar names such as Convoy, CargoMatic, Haulfox and HaulHound. But what if you want to enter the space? Here are some tips on how to be successful as a DFM.

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Brian Straight Wednesday, May 24, 2017

Trump’s proposed budget hits transportation

President Donald Trump’s budget proposal released Wednesday calls for a loosening of restrictions on tolls, more private investment in infrastructure, cuts a critical loan program used by manufacturers to build fuel-efficient vehicles, and reduces workforce training grants that are used to train truck drivers and other transportation workers.

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Brian Straight Friday, May 19, 2017

Inside the true costs of congestion

The cost of traffic congestion each year to the transportation industry is staggering. In 2015, the industry experienced over 996 million hours of delay because of congestion. ATRI determined the cost to be $63.4 billion, or $63.70 operational cost per hour for trucking. But going inside the numbers tells an even deeper tale of the cost to society.

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FreightWaves Staff Friday, May 19, 2017

SCFI falls 4%

Container freight rates from Shanghai to the U.S. West Coast declined 8.5 percent since last Friday to $1,310 per forty-foot container, according to the latest data from Shanghai Shipping Exchange’s […]

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Brian Straight Tuesday, May 16, 2017

Rates may go higher, but not because of ELDs

“If the thesis is that all of these small carriers who’ve been running illegally will be put out of business were they to comply with this mandate, there is no incentive for them to comply.” That is part of the reasoning that Stifel analysts have used to suggest the ELD mandate will not drive up shipping rates. 

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Brian Straight Tuesday, May 16, 2017

Today’s Pickup: Congestion costs industry $63.4B

Good morning. Hope the roads are clear where you are today. As it turns out, that is not often the case for many of us. The American Transportation Research Institute reported that congestion on U.S. roadways cost the trucking industry $63.4 billion in 2015 and resulted in 996 million hours of lost productivity, which is equal to 362,243 truck drivers sitting idle for an entire year.

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