Inflation, higher cargo volumes and diesel prices fueled a spike in congestion costs for trucking companies, according to new data from ATRI.
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.
Trucking companies received an unexpected boost to their income statements in 2020 but inflation clouds loom.
June proved to be possibly the best month ever for Truckload Carriers Association members. Brokerage revenue growing alongside driver revenues helps paint a picture of success, but what is success for a carrier?
One of the results of the 2017-18 freight market boom was an increase in the cost of operating that held over into a slower 2019 when capacity became abundant. Costs are on the rise once again as carriers struggle to find drivers to capture market share.
Record trucking volumes along with shrinking refinery production could make fuel prices an overlooked threat to carrier margins and shipping costs into 2021.
Anthony and Zach discuss the booming freight market and reasons why it will or will not sustain into July as well as the implications for the new insurance bill and […]
Anthony and Zach explain the primary cost drivers of operating a trucking company and the market influences that drive the pricing volatility on both contracted and transactional freight movements. Also, an update on the coronavirus situation and what we are seeing in the economy today that may affect your life tomorrow.
Diesel costs were supposed to make 2020 more difficult for struggling carriers, but wholesale fuel prices have fallen rapidly, which should help carriers in the slow season.
Insurance premiums are a growing concern in the trucking industry, even as statistics show reduced incidents. What is driving the soaring insurance costs?
Each year, Fleet Advantage—a provider of fleet management analytics and solutions—publishes their Truck Lifecycle Data Index (TLDI). Its 2018 TLDI was released at the start of the month, and FreightWaves spoke to John Sternal, Director of PR and social media for Merit Mile for Fleet Advantage to contextualize their findings.
Citing depressed sales for products like its line of Yoplait yogurts and ‘rising commodity and freight expenses,’ General Mills announced it would eliminate hundreds of positions in an attempt to strengthen its margins.
