recession

State of freight: Market pressure on driver pay stalled?

Though recent years have shown better trends, with pay rising fairly sharply for company drivers and independents alike, there's evidence from carrier surveys that such increases have now lulled. Lower volume expectations indicate increases in driver pay could be limited in 2016.

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Probability of recession in 2016 small, say analysts

At once, some put the probability of a true recession by 2018 around 80 percent. "Go long with your shippers" to solidify relationships, panelists at Truckstop.com's user conference urge.

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Pay trends, part 1: Near-term forecast mixed

While industry analysts say rising owner-operator compensation for both leased drivers and independents is on a slow rise, anecdotal reports and some polls suggest otherwise.

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Freedom drives prosperity, economist tells fleet execs

Speaking to attendees of the inaugural Great West Fleet Executive Conference in Vegas on Wednesday, noted economist Dr. Barry Asmus gave an enthusiastic endorsement of American exceptionalism and the importance of maintaining freedom and limited government to our country's future. With less than 5 percent of the world's population, the United States produces 30 percent of the world's wealth, he said.  Forty of the 50 greatest universities in the world are in the U.S and 84 ...

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FTR: Hours rule delay postpones ‘crisis’

Trucking will not be able to restore quickly the driver and truck capacity it lost during the recession.

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Pulse

As you weigh any possibilities for expansion or changing carriers, consider these current resources to help assess your situation.

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Learning from a crash course

Such opportunities will increase as the economy struggles to get on its feet, and trucking already is ahead of the curve. It’s easy in the flush of good times to forget lessons so clearly illustrated during hardship. It’s best not to.

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Pulse

Opportunities will increase as the economy struggles to get on its feet, and trucking already is ahead of the curve.

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Featured Article: Renewed hope

As the economy stabilizes, owner-operators can emerge from debt and cope with tight credit markets by scrutinizing expenses and focusing on essentials.

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Saying goodbye to Michigan’s Te-Khi and Tekon independent truckstops

Soft freight and high fuel got you down? You're not alone. Though business for the nation's truckers has picked up since the extremely slow period we all saw last year, difficulties continue for many, and for two independent truckstops in Michigan the pressures were just too much. Writing in the Battle Creek Enquirer, Andy Fitzpatrick told a story today at once of long-running business difficulties brought to the breaking point and rich, well-remembered history.   The Te-Khi Travel Court ...

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