business

Freight-matching platform for minority-owned biz

The new Minority Carrier Exchange allows shippers with diversity requirements to exchange freight information with certified minority-owned trucking companies.

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Owner-operator spending on fuel, insurance, truck payments and more wanted for annual report

The American Transportation Research Institute is seeking input from owner-operators and carriers for its annual Operational Costs of Trucking report. The brief online questionnaire asks about basic cost information of for-hire carriers such as driver pay, fuel costs, insurance premiums, and lease or purchase premiums.

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Spot market rates finally respond after weeks of major-market load volume improvement

Freight and rates are picking up pretty much all over the country, but lanes favoring carriers (more than 3 loads per truck) are in the Southern "belly band," from South Carolina/Georgia, over to California.

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Reefer, van spot markets in the last week — rates steady, volumes on the rise

National average rates held steady for vans last week, as gains in the Southeast and some California markets were offset by declining rates in the Midwest and Northeast. For reefers, markets in Calif., Ga., Fla., Ark. and Texas gained a lot in load volume.

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New truck financing company opens, works with bad credit

The company uses a collateral-based approach to get deals approved, allowing them to rely less on credit scores.

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Van, reefer rates steady but still low, reefer hot spots in the Southeast

National average rates held steady for vans and reefers last week. Spot market loads on DAT Load Boards edged down 2 percent overall in volume, but demand increased for reefers, especially in the Southeast. As noted, Miami and Atlanta are performing fairly well for reefers, depending on the destination. Furthermore, the run to Miami from Atlanta itself is paying an average of $2.24 per mile. The averages back out of Miami to Atlanta, however, tell a different story. The return ...

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Are brokers solvent? FMCSA wants to know

FMCSA says it’s looking for information from carriers and shippers that have experienced challenges receiving compensation for claims against freight forwarders and brokers due to insufficient funds.

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New in-house load board, more from TBS factoring

TBS Factoring Service, increasingly fashioning itself as a one-stop shop for both cash flow and compliance solutions, is adding finding loads and saving money on fuel to the services available to customers.

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The flat, van, reefer markets bucking the national downward rate trend in the last week

All equipment types could be getting ready for a rebound. Why? Load availability was up in the largest van freight markets last week, accompanied by a 30 percent increase in reefer freight movements compared to the previous week. Flatbed is also gaining strength.

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Owner-operator niche: Household goods hauling offers big bucks for big work

Household goods moving is done almost exclusively by owner-operators. Those who master the skill set can make good money while also gaining valuable management experience, among other perks.

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