Rate recovery
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 […]
Recovering Freight volumes
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 […]
Fleet operations
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 […]
Operating authorities
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 […]
Trucking inspections
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.
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