Operating cost inflation is largely hidden, but fuel costs help explain why the domestic truckload market is headed for a turn.
Contract rates have grown at their fastest pace in history over the pandemic era. The contract to spot rate spread fluctuation is an argument for smarter and more efficient growth strategies for carriers.
According to a recent Bloomberg article, electric vehicles are taking off even faster than expected and “are eating into the transportation system and taking bigger bites every year.”
PowerFleet’s real-time visibility solutions have completely transformed fleet management.
FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system
The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.
How much does it really cost to own a new car?
The cost of diesel fuel, a main component in the cost of trucking, is climbing rapidly. This is a hidden factor that is helping keep spot rates elevated.
Buying a high-MPG vehicle saves you money at the pump – and there’s less carbon pollution too!
Rising fuel costs are yet another woe for containerized cargo shippers, while widening spreads should benefit ships with scrubbers.
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FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.
Donaldson hopes to release this solution in 2020 for commercial trucks, which will increase visibility for fleet managers and ultimately save money.
Comdata has released a new dashboard that will help fleet managers quickly identify and manage fuel spend.
Idle-reduction technology is still not being used by all fleets, despite laws and clear benefits of such systems.
FreightWaves adds violations, fuel spread, and more rail data to SONAR platform
Cashflow Corner presented by TriumphPay …Market conditions might make the timing right for truckers set a more fuel-efficient vehicle speed.
According to SONAR data, the real-time national average for diesel truck stop actual price per gallon has risen to $3.15.
Thor describes themselves as a “transportation lab with a goal of tackling fleet management problems.”
One of the largest elements of operational expenses in the freight hauling business is fuel, and yet there are a limited number of fleets that actively manage this cost effectively. Wisconsin-based Breakthrough Fuel is providing a way to effectively manage energy and reduce costs.
Fuel surcharges have a long history in the transportation industry, dating back to the Arab oil embargo in 1973 by most accounts. While the early days of surcharges were straightforward to calculate, that is no longer true, and they may not even be the best way to manage costs anymore.
