Truckload

Cutting through the pre-Thanksgiving freight volume noise

Outbound tender volumes (OTVI.USA) rose by 15.97% year-over-year this week, but were running down through Wednesday, Nov. 20 in the low single-digit range, which we feel is a more accurate representation of the week. To be clear, last year Thanksgiving fell on Nov. 22 and thus the 15.97% increase year-over-year is highly inflated.  Volumes have …

Cutting through the pre-Thanksgiving freight volume noise Read More »

The numbers don’t lie: size of legal awards vs. trucking companies is soaring

The data is in and it shows pretty clearly what everybody has assumed: In the Southeast at least, the size of the verdicts and settlements against trucking companies are on the rise. Data compiled by a company called CaseMetrix is stark in showing how the jury verdicts and settlements against trucking companies have gone up …

The numbers don’t lie: size of legal awards vs. trucking companies is soaring Read More »

Commentary: Is the Alameda Rail Corridor in financial danger?

It is nearly Thanksgiving 2019. There are reports that the heavily used railroad intermodal corridor serving the adjacent Port of Los Angeles and Port of Long Beach is seeing maritime container volume drops year-over-year.  The suggestion is that the drop will lower railroad freight train movements along the 20-mile long special project route of port …

Commentary: Is the Alameda Rail Corridor in financial danger? Read More »

Biesterfeld: C.H. Robinson leveraging technology to lean into SMB accounts

On Nov. 13, C.H. Robinson (NASDAQ: CHRW ) unveiled Freightquote by C.H. Robinson, a new web portal offering multimodal transportation solutions to small and medium-sized businesses (SMBs) so they can easily source reliable capacity at a reasonable cost. Freightquote by C.H. Robinson is based on Freightquote, a technology company Robinson acquired in 2015; the product …

Biesterfeld: C.H. Robinson leveraging technology to lean into SMB accounts Read More »

Meet David Faulkenberry, FreightWaves’ Final Mile Man

David Faulkenberry recently joined FreightWaves as Market Expert for Final Mile. He formerly led strategic planning, operations, quality and business system development teams at XPO Logistics, Inc., 3PD, Inc., HomeDirect, Inc., GeoLogistics and Bekins Van Lines. Faulkenberry agreed to sit down with FreightWaves to discuss the state of the industry: Q: How do you define …

Meet David Faulkenberry, FreightWaves’ Final Mile Man Read More »

Cass data and outlook down again in October

The Cass Freight Shipments Index declined 5.9% in October, the 11th straight month of year-over-year declines. Cass Freight Shipments Index – SONAR: CFIS.USA The Cass Freight Index report, authored by Donald Broughton, founder and managing partner of Broughton Capital, provided an ominous outlook for freight demand, stating that the rate of decline is increasing and …

Cass data and outlook down again in October Read More »

SmartDrive video insights: Change management and change leadership aren’t the same thing

This is final installment in a series of videos produced by FreightWaves and SmartDrive, recorded at the recent SmartDrive Customer Conference in Atlanta. FreightWaves editor-at-large John Kingston discussed several key issues in trucking and transport today with both SmartDrive executives and several conference speakers.   “Change management” and “change leadership” are two phrases that tend to …

SmartDrive video insights: Change management and change leadership aren’t the same thing Read More »

Daseke sees large loss as it “rightsizes” operations

The largest flatbed, specialized transportation and logistics solutions company in North America, Daseke, Inc. (NASDAQ: DSKE ), reported a third quarter 2019 net loss of $273 million stemming from $307 million in impairment charges and $14 million in restructuring costs related to the company’s operational reorganization efforts. Adjusted earnings before interest, taxes, depreciation and amortization …

Daseke sees large loss as it “rightsizes” operations Read More »

Commentary: Spring floods have lasting impact on Midwestern transportation market

For anyone in and around the Corn Belt in 2019, the lasting effects of this spring’s flooding are still front and center in everyone’s mind. The economy has been impacted as two of the area’s largest industries have been hit the hardest – agriculture and transportation.   Farming and freight are indelibly tied in this part …

Commentary: Spring floods have lasting impact on Midwestern transportation market Read More »

Survey finds high number of fleets running in-cab cameras

More than 40% of trucking fleets now use video cameras in their cabs, according to a new study. That number is one of the highlights from a survey of fleets conducted by C.J. Driscoll & Associates to assess camera use, ELD compliance and use of GPS-based fleet management systems. The 2019-20 Survey of Trucking Fleet …

Survey finds high number of fleets running in-cab cameras Read More »