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Has the Freight Recession ended?

Chart of the Week: Outbound Tender Volume Index — USA (SONAR : OTVI.USA ) After approximately nine months of flat or contracting volumes and rates, the freight market has started to change course. The national Outbound Tender Volume Index (OTVI) just had its longest stretch of positive growth this year at 31 days of year-over-year growth. …

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What The Truck?!? – Trump’s Tweets, UberFreight, it’s GATS Day 3

Keeping the train rolling in the great city of Dallas, it’s your Saturday edition of What the Truck!?! We hit on Trump’s late Friday tweet, Lime scooters take Texas, Mexican truck imports and so much more from the Press Room inside of GATS. Hear perspectives from Blue Parrot, Uber Freight, Transflo, OwlCam, The Little Guy, …

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Union rejects contract offer from big Starbucks distributor

Union drivers and warehouse workers employed by a key Midwest distributor for Starbucks Coffee Co. (NASDAQ:SBUX) have rejected a contract proposal in part because of its short duration, the Teamsters union, which represents the nearly 300 workers, said Aug. 23. The company, DPI Specialty Foods, offered the workers a seven-month contract, a sharp contrast to …

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Awards Ceremony will Honor Top Brands Serving Small Businesses

Small businesses employ 58.9 million people and account for 44% of U.S. economic activity. For B2SMB brands, this segment represents a $500 billion market. Recognizing these brands allows small businesses across the country to identify the top performers. And this is what the BEST2 SMB AWARDS 2019 looks to do. The award will recognize the …

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Summer doldrums explode along with tariff war, tweets

Traditionally, the third Friday in August is as dormant as they come. In the U.S., law and policymakers, business and financial potentates, and the self-styled media elite are into their mid-August to post-Labor Day summer breaks. Many Europeans, meanwhile, are off for the entire month. Financial markets activity slows to a crawl, save for the …

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39% of US Businesses Have No Employer Brand Strategy, How About Yours?

Brand strategy generally means the effort which takes place with the consumer side of a company. But it also applies to the workforce of an organization. Employer branding now plays an important role in recruiting and retaining the best candidates. However, a report from iHire shows businesses are not all the way on board with …

39% of US Businesses Have No Employer Brand Strategy, How About Yours? Read More »

Mexico exports of commercial trucks to U.S. jumps 30 percent in first quarter

Mexico manufactured 104,214 buses, heavy-duty and tractor-trailer trucks in the first half of 2019 (January-June), up 36.50 percent compared to the same period last year. The data was released August 21 by Mexico’s National Association of Bus, Truck and Tractor Truck Producers (ANPACT). Miguel Elizalde, the president of ANPACT, said the increased demand for heavy-duty …

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Down Under Trucking: Vast majority of Aussie truck drivers are either fat or obese

Oi! You! Yes, you! Put down that pie! Drop that sugary drink! Cast away that cake! It’s time for Australian truck drivers to learn the about joys of salad and the ecstasy of exercise. Researchers have found that the vast majority of Australian truck drivers have terrible eating habits and they don’t exercise. Also in …

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FreightWaves oil report: bankruptcies in the oil patch are piling up

A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what’s ahead.  Bankruptcies in the oil patch dropped in 2017 and 2018 but they are climbing again this year. That’s the conclusion of a recent report from the Oil Patch Bankruptcy Monitor of Haynes & …

FreightWaves oil report: bankruptcies in the oil patch are piling up Read More »