Truck parts
In a time when commercial carriers are keeping more aging trucks and finding fewer parts, fleets are having to look beyond original equipment manufacturer catalogs. Brand loyalty is an interesting phenomenon based on a combination of reality and perception. Customers have a positive feeling toward a brand and continue to purchase it rather than consider […]
Fleet in 2023
It’s likely that supply chain disruptions will continue, that no fleet will get all the trucks they order. The industry will once again be forced to continue to operate used trucks past their normal trade cycles. We’ve been on a wild ride these last several years. Rob Garcia said that he expects to see inflation […]
Spot rates continue to slide
Spot rates to move truckload freight continued their months-long slide in August, despite stronger load volumes. The national average rate to move dry and refrigerated freight on the spot market fell for the seventh consecutive month. The spot van rate fell 11 cents to $2.52 per mile in the month, while the reefer rate was […]
Trucking’s fuel
The U.S. average price for trucking’s fuel drops 5.3 cents to $4.836 per gallon. Lower oil prices seem to be driving diesel well below $5 and gasoline much under $4 per gallon on fears among traders and investors of an impending recession. Diesel prices still haven’t fully recovered from the price shocks of this spring […]
FedEx announced Q2 results
FedEx Corp. stakeholders are still digesting the calamity of announcement of a massive quarterly income shortfall at its largest unit. No one disputes that the international macro environment has taken a turn for the worse. In the announcement, executives pinned much of the blame on weakness in trans-Pacific air volumes that accelerated toward the end […]
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