freight

Spot market demand indicators drop but remain favorable for truckers

Load post counts were on the rise last week, but truck posts rose even higher after the holidays. It was the first week the van load-to-truck ratio declined since the ELD mandate went into effect. Yet the ratio was still 10.7 van loads per truck, way above what’s been historically typical, for any time of year.

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POLL: Less-than-upstanding dealings with freight brokers: What have you experienced most?

From a meager truck-ordered-not-used payment after a conveniently "cancelled" load to late payment, no payment and having to file on a bond for hopes of payment, name your most-often-experienced frustration when dealing with freight brokers.

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Trucker Path acquisition by global company Renren to bring navigation, more to the trip-planning app

Meet Renren CEO Joseph Chen, who drove truck for a time as a young man and says the Trucker Path acquisition is intended to take the app and its affiliated services "to the next level," Chen says. "I think that the next 20 years will be most exciting for the trucking industry globally as we gradually get more technology into the industry."

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Blockchain: Uncertain future for factors, brokers with less reliance on building relationships, more trust in verified data

Blockchains have been called “trustless,” which isn’t intended to be as negative as it sounds. Rather, the term refers to the trust created by the structure of information contained in a blockchain, which could virtually eliminate the necessity of the personal touch that traditionally has been required to build trust in business relationships

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Don’t leave money on the table

We are in a freight market owner-operator Gary Buchs believes to be "totally unpredictable" at this point, he says. "Weather, plus demand" generally, "is driving" such unpredictability, much of it on the plus side for rate pressure for owner-operators, "through the roof." 

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Is it business as usual in the grocery world?

Mixed bag of reports coming from groceries around the country in the middle of this holiday week -- are empty shelves a result of the ELD mandate or the "perfect storm" of holiday freight pressures? ... A little analysis here, and: What are you seeing?

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Spot market extremely tight, favoring truckers, ahead of Christmas week

A lot of truckers took time off last week ahead of Christmas, which meant there were already fewer trucks on the road. It was also the first week under the electronic logging device mandate, and the combination of the upcoming holiday and new regulations pushed the national load-to-truck ratio for vans up higher than it’s ever been – 10.1 loads per truck.

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Uber Freight adds pre-planning tools in app

Advance truck posting and load searching tools are being added to the Uber Freight brokerage's mobile software for truckers utilizing it.

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Reefer temps cool a degree during between-holidays ‘lull’ on spot market, but demand, rates continue strong

Van rates are at their highest national average in three years, and though many of the crazy-high averages for reefer lanes have fallen back down to earth in the last week, reefer rates are still a good bit higher than usual for this time of year.

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When ‘being in the red is a good thing’: Van spot market hot states — all but Mass., Fla.

The national van average rate is back up to $2.09/mile post-Thanksgiving, and the load to truck ratio is a record 9:3. All states but the two named are shaded deep red, indicating high demand for trucking services ...

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