business

Five Apps for That: Keeping tabs on personal finance

These apps are geared toward centralizing your financial information from multiple accounts. Some have extra personal finance features, such as budgeting, paying bills or setting up automatic deductions for a savings plan.

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Spot freight volume: 100 percent higher than this time last year

The stat in the headline doesn't tell the whole story, however, as rates are basically flat from where they've been the past few weeks. Some bright spots, however, in flatbed.

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Private CSA data firm Vigillo acquired by driver scoring company

SambaSafety says the acquisition will combine its driver MVR monitoring with Vigillo's CSA violations and crash monitoring to help fleets manage and track driver performance.

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Martin Daum tapped to lead Daimler’s global trucks business

Daum has headed DTNA since 2009, responsible for Freightliner Trucks, Western Star Trucks, Thomas Built Buses, Freightliner Custom Chassis Corporation and Detroit Diesel Corporation.

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Amazon looking to recruit small carriers this week in Nashville

Amazon logistics representatives will be on site Wednesday and Thursday (Feb. 22 and 23) at the Rush Truck Center outside Nashville, looking to recruit small regional Class 8 carriers interested in working with Amazon.

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Reefer rates follow van to winter lows, particularly out West

With last week's spot market update, it looked like van rate averages on many lanes might have been near the bottom for this slow season. It’s looking that way for reefer rates now, and spot market volumes have been relatively constant in the segment.

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DAT, TransVix partner to offer rate futures for spot market

The Trucking Futures Exchange will allow carriers, shippers and brokers to buy and sell rates futures, leveraging DAT's data on lanes and pricing. TransVix says it wants to address volatility in spot market rates and capacity, where it says spot rates can swing by as much as 40 percent in a week on some lanes.

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Winter doldrums in the spot market for vans, reefers

Van rates may have hit bottom for the season, says DAT's Ken Harper. "There are reasons to be cautiously optimistic, however, for spot freight. "Volumes on the top 100 van lanes were up 2.5 percent over the previous week, and about the same month over month."

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Top 10 cities for van, reefer, flatbed freight in 2016

For the second year in a row, Atlanta was the top city for van and reefer spot truckload freight in 2016, according to DAT Solutions. Little Rock, Ark., held also held its spot as the top city for flatbed spot freight.

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Big carriers’ revenues and profits shrunk in 2016

Owner-operators weren't the only segment of the industry that struggled with tough freight conditions and poor rates in 2016. Some of the country's largest fleets saw their revenue and income take a hit too, according to earnings reports issued in recent weeks by large publicly traded trucking companies.

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