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The trucking industry has seen an interesting last five years. As a result, what followed was a trucking boom that led to a shortage of truck drivers for some time. Companies then popped up left and right offering trucking services, but demand remained high. What are the specifics of the new trucking legislation?
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. Key Takeaways: Understanding Freightonomics.
The best freight brokers including Loadsmart have evolved from just securing trucks to providing comprehensive logistics solutions. Their services can be categorized into three main areas: Assessment and Analysis Freight Planning and Forecasting: Loadsmart helps businesses predict future freight needs.
Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024.
The American Transportation Research Institute (ATRI) recently released the latest edition of its Analysis of the Operational Costs of Trucking. the report found that the average marginal cost per mile incurred by motor carriers in 2018 increased 7.7
They also offer supply chain and logistics services specifically tailored to the trucking industry. They offer a Custom Content Growth Model that includes strategies such as brand and content strategy, audience research, competitive analysis, and digital content roadmap.
How high could new-truck prices go? Findings from Overdrive's early-2024 reader survey and analysis of past EPA emissions changes prove instructive, as the latest emissions regs loom.
Preliminary July North American Class 8 net truck orders were flattish compared to June and saw annual gains in July, according to recent data respectively issued by freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
DHL LifeConEx is a premium and customized temperature-controlled air freight service that provides post-shipment diagnostics, cold chain optimization, and data analysis services. DHL offers integrated solutions as a Lead Logistics Partner, overseeing the entire supply chain and its operation.
The DAT iQ platform offers streamlined data, high-level and granular reporting, and versatile analysis capabilities that enable shippers to optimize their networks, enhance supply chain resilience, and improve operational agility to adapt to dynamic market conditions.
Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. Flock Freight’s unique approach to shipping has helped to reduce greenhouse gas emissions by minimizing the number of trucks on the road.
Marking the start of National Moving Month and peak moving season, Penske Truck Rental has released its 15 th annual Top Moving Destinations list, identifying the top 10 U.S. cities that recorded the highest volume of one-way consumer truck rentals in 2024. When coordinating a move, 69% preferred to rent and drive their own truck.
ports couldn’t process imports fast enough, truck companies lacked drivers, and warehouses ran out of space. Trucking is more expensive than ever. The post Analysis: Are Shipping Companies Further Flaring Up Inflation? Does that mean prices will increase more? Strong demand has severely disrupted the supply chain.
Of course, we may still experience more factories in Asia not operating at 100 percent capacity, further trucking shortages, port issues, etc. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping. Let’s not forget U.S. West Coast ports and dockworkers are negotiating a new labor contract.
Nick Jensen is the Director of National Accounts at Loadsmart , a digital logistics company, that enables shippers to get quotes, book trucks, and track their freight from pickup to delivery. Key Takeaways: Redefining Freight Brokerage. In the podcast interview, Nick and Joe discussed how Loadsmart is redefining freight brokerage.
Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.
Finally, a shortage of trucks and chassis, which is clearly a domestically-created problem not driven primarily by “foreign” carriers. The post Analysis: Why the Biden Administration is Not Being Honest About Supply Chain Issues appeared first on More Than Shipping. All in all, the U.S.
With a combination of company trucks, owner operators, and logistics network Port X Logistics can effectively service every port and rail ramp. Port X Logistics provides drayage, trans-loading, and over the road trucking to help clients meet their fulfillment and production plans.
Used heavy-duty equipment costs 90% more than it did a year ago, according to the analysis from ACT Research. Equipment volumes and prices were both up in March compared to February.
Vehicle-to-Vehicle (V2V) communication systems are revolutionizing road safety, especially in the freight, trucking, and logistics industry. Processing and Analysis: Each vehicle processes received data to assess potential collision risks. This creates a network of interconnected vehicles sharing essential information with low latency.
Discover the most dangerous roads for commercial truck drivers and understand the factors contributing to holiday-related crashes. Motive's data-driven analysis offers insights into preventing accidents and improving road safety.
Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis. Through the utilization of advanced machine learning techniques and big data, Greenscreens.ai offers real-time market price predictions that take into account the buying power of your company.
Sometimes 3rd party logistics companies are described as: Asset-based – companies that own actual assets like trucks, boats, planes, warehouses. Supply Chain Security Analysis. Non-asset based – companies that don’t own assets like brokerages, service providers, etc. these companies tend to invest in technology. Direct to Home.
Self-driving semi-trucks are on their way and heading to U.S. However, this was with a human driver behind the wheel monitoring the automated truck. However, this was with a human driver behind the wheel monitoring the automated truck. Self-driving semi-trucks are equipped with twenty-five lasers, radar, and camera sensors.
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In this Overdrive Radio edition, find the firm's annual mid-year benchmarking analysis in full. The best of the best among owner-operator clients of ATBS have improved fuel mileage and maximized time efficiency as much as possible to hold the line.
Transforming the $800 billion trucking industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. About Mark McEntire . Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement.
I had the opportunity to sit down with Tim Denoyer, vice president at ACT Research, to ask him about the current state of Class 8 truck manufacturing and what it means for truckload and less than truckload (LTL) capacity in the near future. Why does Class 8 truck manufacturing data matter? His responses are below.
Access to trucking company terminals, ports, railroads, expressways, airports, etc. When selecting a location consider the rent, utility costs, access to expressways, labor availability, labor costs, labor demographics, infrastructure, public safety, building layout including docks, and warehouse vs office space. Matt McGregor LinkedIn.
The trucking industry plays a crucial role in the transportation of goods across the world. In this blog post, we’ll take a closer look at the importance of efficient logistics in the trucking industry and how it can benefit your business.
TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024. Autonomous Freight Trucks. That would make autonomous trucks too cost prohibitive for most shippers.
In the future, the logistics industry is likely to experience significant changes with the advent of electric trucks. Below are some key aspects of electric-truck logistics in the future. This shift will lead to a substantial increase in the number of electric trucks on the road, revolutionizing the logistics industry.
We went into tracking the actual assets, vehicles and trucks. The device is connected to either a canvas or some sensors in the vehicle and the truck. We play with the class 1 through 5 vehicles, which are primarily the delivery truck, the standard delivery vehicle or the fleet. It is knowing where that truck is.
In Antwerp, just in February, export truck gates got restricted, and the terminal temporarily stopped newly additional import and transshipment cargo. Gulf exporters that are shipping pretty much anywhere that goes via transshipment. The situation is not very different at destination ports either.
Preliminary November North American Class 8 net truck orders saw both sequential and annual declines, according to recent data respectively issued by freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Safe practices are being punished when companies’ post-accident safety analysis is exposed for use against them in lawsuits. The problem is that post-accident analysis and the remedial actions taken by trucking companies are generally both discoverable and admissible in court. It shouldn’t be this way, and doesn’t have to be.
Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., John also believes that larger carriers will be more likely to benefit from autonomous trucking technologies. Previously, Mr. Larkin has served as: Chairman and CEO of RailWorks Corporation, Managing Director with Alex.
CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting. Recent Podcasts About Trucking. The Internet of Trucking (IoT) with Tapan Chaudhari. Ilya Preston.
According to the Tampa Bay Times, there are over 1 million cubic yards of debris still awaiting collection—enough to fill more than 60,000 dump trucks. With enforcement delayed until December 2025, businesses have time to integrate this tool, which streamlines data collection, geospatial analysis, and compliance verification.
Within weeks, driverless electric freight trucks may be traveling on public roads in the U.S. The Einride autonomous electric truck operates without a driver and does not even have space for any passenger. Autonomous trucks will mix with normal traffic on public roads located near the GE Appliance plant near Memphis, Tennessee.
Based on analysis of J.B. Hunt estimates that as many as 7 to 11 million loads of freight support conversion from over-the-road truck service to intermodal service. Hunt 360° transactions and annual bid activity, J.B.
This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship’s hold, railroad car, or tanker truck/trailer/semi-trailer body. Container ships are cargo ships that carry their entire load in truck-size containers, in a technique called containerization. Transportation Service #7 – Intermodal.
Smaller companies are still seeking additional business due to their long-term investments in equipment such as chassis and new trucks. However, outside of the Gulf region, the trucking market continues to grapple with a scarcity of cargo, and business opportunities remain limited. The post The U.S.
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