Industry that follows a time-based schedule, hours-of-service rules are like putting a circle where a square should be. ELD data shows that drivers need more flexibility. FMCSA officials revealed that they were unable to determine the safety impacts of electronic logging devices. ELDs are used to track adherence to hours-of-service regulations.
Forecast by ACT Research and other reports from DAT Freight & Analytics and FTR Transportation Intelligence still show slow markets, but an upside might be around the corner. A new outlook from ACT Research plus various recent reports on the spot and contract markets paint a picture of freight-hauling still in a down cycle that […]
Between the record exodus of fleets of late and a ‘bottoming’ spot market—and trends are developing in other modes. Also like ports and rail that affect over-the-road freight-hauling. Trucking capacity—because of a variety of factors such as a record exodus of fleets and a bottoming spot market—is bleeding capacity, one industry analyst said. Fleet failures […]
If supply falls further and peak season brings a bump there will be ‘an opportunity for rate recovery. Even possibly robust fourth quarter’ of 2023. The trucking sector is likely to see a measured recovery from its current downturn rather than a quick snap back. Spot rates have been flat—and “scraping the bottom”—for nearly two […]
While conditions remain loose, the seeds have been sown for a rebalancing, which expects rate trends to recover. Recovering freight volumes, rates, and capacity continue to decline as unfavorable fleet conditions persist. Inflation, while showing tentative improvement, continues to impact consumer spending power. The slow start produce season may also be a headwind.” While the […]
A Samsara survey of physical operations leaders from fleets sustainable marketplace. Fleet technology company has released a report indicating that corporations worldwide are preparing for a major shift in the workplace. Despite historically high fuel prices and inflation, and 42% of respondents being concerned about a recession. Fleet managers and drivers who use AI-enabled dashcams […]
Small operators have borne the brunt in 2023, and analysts blame bad spot rates and pricey fuel, but the losses have leaked to larger fleets of 100 trucks or more. However, this hasn’t yet put much of a dent in the huge 2020-2022 carrier surge. The tumbling freight spot market and historically high fuel prices […]
Just because pre- and post-trip trucking inspections are common sense doesn’t mean they are common practice. These inspections may signal a larger issue within our industry: business and safety practices are at odds.
The decision to own, rent, or leasing trucks is not an all-or-nothing choice. Each option can have a place in your fleet, and you may use all three as trucking transitions to alternative fuels. This is unlikely to change as we move into a future when there will be many more options for powering vehicles.
Rebalancing. That’s the word being tossed around by trucking industry analysts and economists when discussing the current freight volumes and market. The term applies to the cyclical dance between the shippers who provide the freight and the trucking industry that hauls it. Freight volumes There are too many trucks for the available freight. The competition […]
