ACT Research and FTR Transportation Intelligence reported strong September Class 8 net orders as OEM order books open up for next year.
Heartland Express’ Q2 earnings saw a net loss of $3.5 million as it works to improve its operating ratio and profitability
Overdrive recently surveyed owner-operators about their views on who is hauling cheap freight.
Ahead of Q1 earnings reports, analysts are adjusting their earnings expectations for truckload companies as excess capacity continues to weigh down pricing and margins.
On Wednesday the American Transportation Research Institute (ATRI) released its latest Cost of Congestion study showing U.S. highway traffic congestion added $94.6 billion in costs to the trucking industry.
Confusion erupted on Monday following reports that the Federal Motor Carrier Safety Administration was looking to set a 68 mph maximum speed setting for trucks newer than the 2003 model year.
Consulting firm Kearney recently released its 34th annual Council of Supply Chain Management Professionals (CSCMP) report, “State of Logistics 2023: The Great Reset.” A major theme of the report is the great rebalancing from the carrier-dominated market of the past two years to a shipper-focused one as freight volumes fell against a backdrop of higher truckload capacity. The report notes that total U.S. logistics costs rose 19.6% in 2022 to a record $2.3 trillion or 9.1% of U.S. gross domestic product.
Using the California Advanced Clean Trucks (ACT) rule, the Biden administration’s proposed Phase 3 truck rule sees the EPA potentially imposing stricter standards on carbon dioxide emissions for truck makers and buyers.
Rachel Premack, editorial director at FreightWaves, was interviewed Tuesday about her article on the impact of the ELD mandate five years later.
In today’s edition of The Daily Dash, fleets looking for excess insurance coverage are paying top dollar; Landstar projects a strong Q3; and Waymo will test autonomous vehicles in the last mile.
The monthly report on the trucking market showed nearly “across-the-board declines” in May, according to the latest ACT Research For-Hire Trucking Index.
