Hours of service
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.
Freight cycle
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 […]
Trucking capacity
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 […]
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 […]
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