Challenges in trucking
Smaller carriers multiplied in 2020-21 as COVID-19 ebbed, demand surged, and spot-market rates favored them.
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Maintenance in trucking
When it comes to truck repair, fleets may be in for a double whammy of bad news. Supply chain issues mostly are to blame for the increased price of parts. Given labor demands, higher wages for truck technicians explains the increase in labor costs.
Fuel economy in trucking
Drivers are a key factor in managing a vehicle’s fuel economy.
FMCSA’s NEW DEADLINE
The Federal Motor Carrier Safety Administration’s will now be accepting Truck Leasing Task Force you have a little more time to submit your application. The TLTF will be asked to evaluate the impacts of commercial motor vehicle lease agreements and discuss best practices for future agreements. The agency is looking for at least ten members […]
Truck prices continue growing
The average retail price of a pre-owned heavy-duty commercial vehicle rose 11%. the average retail price of a used truck rose 11% and average miles and age both were lower, down 3% and 7%, respectively, from February. Compared to last March the average retail price was 90% higher, with miles and age greater by 3% […]
Flexibility in trucking
The trucking industry is facing many challenges. New truck prices are rising, yet inventories are declining. Interest rates, fuel prices, and maintenance and material costs are skyrocketing, as are costs for used trucks. With many moving parts in the economy and the industry, now is not the time to make radical changes to your business […]
A rapid increase in demand
A softening freight market still benefits from pent-up demand despite rising fuel prices. While truckload volumes reached historic highs in March, spot rates fell last month as fuel prices soared and supply inched closer to the freight market demand. The weakening spot market rates and historic diesel prices in March overshadowed more robust truckload freight […]
ATRI asks fleets
The American Transportation Research Institute issued a call on April 5 for motor carriers to participaте in a survey.
Outlook for trucking
At the end of 2021 just over 86,000 new owner-operators had been issued an authority to operate by the FMCSA.
Shortage of truck parking
According to ATA, there are more than 11 drivers for every one parking space. Studies show that on average drivers spend nearly an hour of driving time every day trying to find parking, and 58% of drivers say they have parked in unauthorized places at least three times a week. The letter claims that the […]