Business Strategies in the Trucking Industry There are two ways to obtain knowledge: study and experience. Both are valuable, but when it comes to business, there’s a lot that you can’t learn from a book or in a classroom. We’re not knocking school. We just want to...
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REAL Business 101: Regulatory Compliance
There are two ways to obtain knowledge: study and experience. Both are valuable, but when it comes to business, there’s a lot that you can’t learn from a book or in a classroom. We’re not knocking school. We just want to help folks in the real business world. So we’ll...
Report: Rising Capacity, Falling Fuel Prices, Falling Rates
Operators who have been scrambling to add capacity have begun to move the needle, edging January rates down, Overdrive reports. But don't panic. Falling fuel prices have enabled operators to back off of fuel surcharges, which accounts for a chunk of the reported rate...
Report: Driver Turnover Rises as Shortage Looms
Driver turnover at small and large fleets remained above 90 percent in the third quarter of 2014, the American Trucking Associations reported Jan. 28, Overdrive Online reported. FULL STORY Related: Make One-Way Trailers Part of Your Equipment Strategy Transportation...
Transportation Trends & News Roundup: Industry Safety Report Card, Uber Trucking and More
Trucking Exec Touts Industry Safety Record to Congress In his address to the Senate Commerce, Science and Transportation subcommittee on surface transportation, Jim Mullen, executive vice-president and general counsel of Werner Enterprises, said, “The trucking...
2014 Trucking World Trends Overview
From Amazon’s speculative shipping patent to Rolls Royce’s shipping drones … World Bank logistics competitiveness ratings (by country), to a late-session spending bill signed into law that suspends enforcement of the 34-hour restart provision for US truck drivers...
Report: Trucking Companies Seek Solutions to Deepening Driver Shortage
As the U.S. economy grew through 2014, with consumer demand and housing starts rising, trucking companies found themselves scrambling to find drivers to bring goods to market, Reuters reported: “The industry is short about 35,000 truck drivers, according to industry...
Report: Emerging Technology Lowers Transportation Costs, Raises Margins
Carriers that employ increasingly powerful transportation management technologies are lowering their transportation costs and increasing their margins, according to a report on truckinginfo.com: "Some view technology as a way to increase profits while others see it as...
Trucking Trends: Demand, Growth, Rates and More
Keeping up means keeping ahead. Here's a look at what’s happening and some revealing questions about what might happen next. 2014 saw gains in freight capacity demand, stretching operations and drivers thin. Many sources anticipate more growth in 2015. Can you...