business

Mixed week on the spot market for vans, reefers

This week's spot market demand update sees capacity loosening up a bit -- truck posts. However, volumes remained high, and rates held for vans on most top-volume lanes.

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POLL: Owner-operators, how’s business trending for you over the last months?

What's your business-conditions situation been over the last few months as the traditional spring freight season has come into play.

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FTR’s Trucking Conditions Index: Latest moves show positive change

The Trucking Conditions Index (TCI) from the analysts at FTR Transportation Intelligence showed a big jump in April after falling in March.

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Trucker Path secures funding for factoring service

The company’s InstaPay factoring service, which launched in 2016 and is available in its Truckloads mobile app, allows drivers to upload photos of their bills of lading and rate confirmations to get paid within one to two business days at a 3.5 percent flat factoring rate.

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Spot market activity continues up for vans, reefers, amid Roadcheck effect on demand indicators

With Roadcheck cutting some truck posts, the van load-to-truck ratio hit its highest mark in three years, and van rates on the top 100 lanes rose to some of the highest prices seen in two years. Overall, posting activity was up overall as well.

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Doft aims for greater freight transaction transparency

The start-up, launched last March, charges a $4.99 transaction fee to both shipper and carrier upon successful matching of loads via iOS shipper and driver apps.

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Trump administration rescinds Obama-era memo interpreting owner-operators as employees

The July 2015 memo issued by David Weil, head of the Labor Department’s wage and hour division under President Obama, in effect instructed businesses and state labor agencies to view owner-operators as employees.

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EFS launches card management app for fleet card users

EFS says the app gives drivers real-time card balances and recent transaction details, the ability to register an EFS check and more.

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Spot demand heating up to levels not seen since 2014

A 5:1 load-to-truck ratio on DAT Load Boards was seen for dry van freight last week. It's the highest load-to-truck national average since March 2014, when demand skyrocketed with polar-vortex-related severe weather and led a big rates rally on the spot market that year.

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POLL: How common is identity theft — have you been a victim of it?

Identity theft can be a disaster for your credit rating in the short and, sometime, long term, if overlooked. Has it -- or related credit- or other card fraud -- ever happened to you? Weigh in here.

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