Business

Seasonal pattern taking hold in spot market dry van, reefer

Good news, bad news: Normal seasonal slowdowns means "we're coming down from higher volumes of freight and rates. Compared to December 2016, the strongest month of the year, we're sliding, but compared to last year at this time, we're up."

Read More

Used truck prices tumbled in 2016

Sleeper tractors lost about 30 percent of their wholesale value from January to December, compared to 23 percent through retail channels, according to J.D. Power and Associates.

Read More

Partners in Business tip: Use a separate credit card for business expenses

Try to find a credit card without an annual fee and with a low interest rate. If possible, pay the balance in full every month

Read More

Chao approved by Senate committee to run DOT, nomination moves to full Senate

Her nomination now moves to the full Senate. For Chao to be confirmed to run the DOT and serve in Trump's Cabinet, a majority vote is needed in the Senate. Chao's confirmation is expected to see little opposition.

Read More

Unclear how Trump’s freeze on regs, Obamacare relaxer will impact trucking

An FMCSA spokesperson said the impact of Trump's memo on pending regulations is “being assessed.” But regulations already made law, like the electronic logging device, are likely to be untouched.

Read More

Loadsmart freight platform lands shippers

Anheuser Busch (AB InBev) recently signed a contract with Loadsmart, the latest in a series of Fortune 500 companies the company says is utilizing Loadsmart’s technology to shift how they quote, book and ultimately move their freight.

Read More

When enforcement is well necessary — a note from Rich Wilson

Wilson's letter follows news of a box-truck owner-operator shut down after a fatality crash. Also: Do owner-operator hotshot truckers (at 10,001-26,000 lbs.) need to join a random drug/alcohol testing consortium? Depends on the CDL status and desires ...

Read More

Landstar’s new Laredo facility

The 31,000-square-foot logistics facility is located on a 50-acre site that accommodates 450 trailers and provides room for future expansion. A heavy/specialized freight area with a custom 120-ton, stand-alone bridge crane, the company says, can transload the largest superloads.

Read More
AD

‘Freight recession over,’ analyst says — flat, van, reefer demand updates

Following an "18-month malaise" in freight sparked by the collapse in oil prices at the end of 2014, says DAT analyst Mark Montague, the freight recession is now officially over.

Read More

BridgeHaul app offers services, including logs, toward a shipper-exclusive freight marketplace

The latest start-up attempting to provide that "elusive holy grail" of a shipper-direct marketplace for freight to owner-operators is Los Angeles-based BridgeHaul, whose app likewise provides a smartphone-based logbook (ELD on the way), trip planner and more.

Read More