Trucking

Despite 62% of carriers reporting lower freight volume in 1Q, 33% predict freight demand to increase in the next 3-6 months. Only 19% predict freight demand to decline in the same timeframe, which represents a 12-point percentage decline vs. the 4Q survey.

In this podcast, Logistics Management Group News Editor Jeff Berman interviewed Mike Regan Co-Founder and Chief Relationship Officer, for TranzAct Technologies.

With a current shortage of 80,000 drivers, the trucking industry is in dire need of new recruits. Is Gen Z interested?

April's freight market data from Cass reveals ongoing challenges, with a 1.6% month-over-month drop in shipments and a 4% year-over-year decline.

Access Penske's "Success by Design" white paper to unleash your supply chain's potential through industry-leading insights, innovative strategies, and actionable advice for enhanced performance and cost savings.

The analysis, entitled “Charged Logistics: The Cost of Electric Vehicle Conversion for U.S. Commercial Fleets,” takes a deep dive into the myriad challenges related to converting to EVs, including what it called evolving state and federal legal requirements focused on transitioning to zero-emissions vehicles.

The Bureau of Labor Statistics' latest report shows trucking job dip, signaling industry challenges amid contract negotiations and seasonal shifts.

FTR reported that preliminary April net orders, at 14,400 units, were off 25% compared to March and 12.5% annually. And it added that over the last 12 months, total Class 8 orders were at 267,700 units. ACT reported that April Class 8 orders, art 15,600 units, were off 1,800 units compared to March, while posting a 30% annual gain, in what it called a very easy year-ago comparison.

The report’s first quarter shipment index value, at 87.5, was off 7.8% compared to the fourth quarter and down 21.6% annually.On the spend side, the report observed that the first quarter reading, at 194.7, fell 27.9% annually and was down 16.8%, from the third fourth quarter to the first quarter.

Taki Darakos, Pitt Ohio’s fleet manager who oversees the acquisition and maintenance of 1,550 company-owned tractors and box trucks, testified before Congress on the technological, operational and financial challenges fleets face as federal and state regulations mandate the adoption of battery-electric trucks.

Commercial truck delays at El Paso border crossings, initiated by reinstated Texas safety inspections, costing valuable time and money.

Entering into some form of asset-pooling agreement, operationally enabled by AI-based solutions, can help reduce non-productive expenses, improve service, enhance margin and lead to greater market share.

TIA said that this 40-page publication takes a deep dive into the latest trends in supply chain fraud, as well as help TIA members take the necessary steps to develop and implement their own policies and procedures in order to reduce potential fraud and cargo theft.

Over the next five years, thousands of autonomous trucks will cruise America’s public freeways as the industry undergoes a radical shift.

Wabash's TaaS offers flexible trailer solutions without the risks and costs of ownership or leasing.