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Corey is the Chief Growth Officer and his team lead enterprise initiatives at PortPro, an innovative technology company that keeps the drayage industry moving efficiently with its operating platform built for drayage trucking companies, brokerages, and those that do both. for more information and to schedule a demo.
Ed is Co-founder & CEO at Newtrul , a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform. Ed Stockman is the Co-founder & CEO at Newtrul, a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform.
has completed a heavy-transport demonstration with its H2 HPDI fuel system-equipped hydrogen prototype truck hauling a refrigerated trailer in Madrid, Spain. Westport Fuel Systems Inc.
Really cool trucks were in attendance at Manifest including autonomous and electric vehicles. Attendees didn’t just get brochures and video demos about the future of trucking, they got to climb in the trucks and participate in ride-alongs. POD trucks that are EV and AV. Ludacris was at Manifest. Forbes article.
Velostics offers a simple, nimble, and quick-to-deploy yard management solution that integrates with their appointment scheduling, text message-based check-in, and dock management system.
NW Natural has expanded its free truck loan program by adding a powerful, high-mileage and low-emission Class 8 truck for long and heavy hauls. The company is adding this new generation of compressed natural gas (CNG) and hybrid electric technology so fleet operators can experience the vehicle during a short-term, no-cost demo period.
Ten fuel cell Hilux pickup truck prototypes have now been built at the Toyota Motor Manufacturing UK (TMUK) facility in Derby, England. Five further units are engaged in demonstrations, including two at the upcoming Olympic […] The post Toyota Hydrogen Fuel Cell Hilux Pickup Truck Project Reaches Demo Phase appeared first on NGT News.
is launching a program to allow heavy-duty fleets to operate a truck equipped with the new Cummins X15N engine. Hunt Kicks Off Clean Energy Fuels RNG-Powered TruckDemo Program appeared first on NGT News. Renewable natural gas (RNG) provider Clean Energy Fuels Corp. The first company to participate in the program is J.B.
Monarch Truck Center, a medium-duty truck dealer in the California Bay Area, will be among the first of REE Automotive Ltd.’s s certified dealers to receive a P7-C medium-duty by-wire electric demotruck that fleet customers will be able to experience.
Truck fleet management has always been intensely focused on knowledge of the freight market. A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Effective truck fleet management is vital for successful daily carrier operations.
When it comes to planning RFPs and figuring out which carrier partnerships to pursue, shipping managers need to be aware of the various trucking carriers with availability. The value of diverse trucking carriers. Each provider offers unique services, coverages and perks depending on the trucking contract and carrier type.
Forsee Power Group, a provider of smart battery systems for sustainable electromobility, says BAE Systems will equip a Class 7 demonstration truck Gen3 powertrain with the FORSEE ZEN PLUS battery system in North America. Forsee has established its North American headquarters and production facility in Columbus, Ohio.
(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. And knowing what’s happening to market volatility and trucking carriers across the country is critical to maximizing carrier revenue and margins. Request a SONAR Demo.
Asset-based trucking leads to several inevitable challenges. These asset-based trucking challenges appear in many various forms and can lead to major expenses, which may cripple and impair any business. Pricing alignment makes for one of the more complicated challenges for asset-based trucking. Pricing alignment.
Benchmarking standards within trucking fleets are continuously changing. As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.”
In this edition of “SONAR Indices & Insights,” the SONAR team showcases several truck driver indices full of transportation data to aid carriers in staying ahead of any potential truck driver shortage within SONAR, the freight forecasting platform from FreightWaves. Truck to Driver Ratio (TDRAT). Driver Turnover (%) (DRVTO).
In this edition of “SONAR Indices & Insights,” the SONAR team showcases several operational-focused indices to aid asset-lite and asset-based carriers build trucking KPIs that will inform decisions that yield higher profit margins for those who run a trucking business. OPRAT is segmented into dry van, reefer and flatbed carriers.
That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. Near-real time freight electronic tender trucking data offers reliable insights. Now imagine the value of more accurate data in light of the pandemic. Download the White Paper.
Operational trucking charges and costs are nothing new. They derive from a confluence of factors, including truck industry volatility. To that end, here are the top steps for carriers to get more from their fleets and proactively manage operational trucking costs. But how can a trucking company achieve this goal?
Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. Recruiting truck drivers is not only the top challenge for carriers, but it will always remain one of the highest priorities. The truck driver shortage and its relationship to the capacity crunch.
Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. The problem of deadheading in trucking. By utilizing effective trucking RFP protocols, freight managers can ensure trucks stay filled on every leg of every trip. Those that held on in 2020 continue to face obstacles as recovery begins.
s first demo P7-C fully by-wire chassis cab has arrived in the U.S. REE Automotive Ltd.’s and has completed its upfitting at Knapheide in Quincy, Illinois.
And the effects are becoming evident as trucking compliance with applicable routing guide requirements deteriorate. The truckload market appeared to be on a path toward stability with rejection rates sliding slowly through the first month of the year before winter storms disrupted trucking networks and shipper production cycles.
Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.
In this edition of “SONAR Indices & Insights,” the SONAR team showcases several mileage-focused indices to aid carriers to build trucking KPIs that will inform decisions to optimize fleet utilization among other freight KPIs. Miles per Truck per Week (MILTR). Miles per Truck per Week (MILTR). Loaded Miles (%) (LOADM).
FreightWaves’ Todd Maiden said it best in early December: “Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Request a SONAR Demo. Pricing uncertainty in the first half of 2021. Fill out the Form Below to Access a COPY of the White Paper.
The digital age has presented a wealth of opportunities for the over the road trucking market. Because data sources matter to assess accurately and objectively the over the road trucking market. . Lagging data makes for a massive hindrance in assessing the over the road trucking market. But what is the solution to lagging data?
In this edition of “SONAR Indices & Insights,” the SONAR team showcases trucking revenue benchmarking indices. This week, learn how executives who manage a trucking business are monitoring these SONAR revenue indices to benchmark trucking revenue and improve decision-making that yields higher profits.
Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Trucking contracts are not necessarily built for disruption.
Really cool trucks were in attendance at Manifest including autonomous and electric vehicles. Attendees didn’t just get brochures and video demos about the future of trucking, they got to climb in the trucks and participate in ride-alongs. POD trucks that are EV and AV. Ludacris was at Manifest. Forbes article.
(Graphics created by Emily Ricks) There are many attributes to consider when considering a truck freight rate. And these fluctuations within the trucking market range from market volatility to the lack of real-time data. trucking industry is experiencing a shortage of drivers. This will increase the truck freight rate.
CRG Automation was demoing pallet build. Several other suppliers were demoing similar types of solutions. The solution expert working the demo said that a quality assurance process might be necessary to support this solution. A parcel carrier might have five different size boxes that needed to be loaded onto a truck.
I had been advising a company in Atlanta that was focused on helping warehouses invoice and accept payments from truck drivers. We typically get them to see a short demo. My career started at Capital One and have worked with several fintech startups. I saw the product and was struck by how paper-based the process used to be.
The transportation of freight not needing the entire space of a truck is LTL freight. Trucking rates vary depending on the type of freight, load size and destination. With LTL freight shipping, the cargo that needs to be transported from one shipper shares space on a truck with cargo from another shipper. Request a SONAR Demo.
Let’s juxtapose that against trucking fuel efficiency rates of around 10-20% of that amount. That effectively means rail is up to 10X more efficient than sending a shipment by truck. When capacity is ample among trucking carriers. Request a SONAR Demo. Request a SONAR SCI Demo. Shorter hauls.
The cost differential between dry van truckload and intermodal contract rates expanded to multiyear highs over the winter as trucking costs expanded much more rapidly than the intermodal freight counterpart. Trucking pricing tends to be much more volatile thanks to much more dynamic networks and customer base. in December.
Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. The best examples of shippers of choice provide services along several trucking routes. Give trucking carriers various shipping modes.
The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 So, let’s take a closer look at how a blockchain trucking platform will enhance efficiency and profitability for truck drivers. A Blockchain Trucking Platform Will Empower More Owner-Operator Truckers.
Plus, SONAR uses artificial intelligence to develop consistently updated forecasts to give subscribers the most reliable predictions of where trucking spot rates, supply chain demand and logistics capacity are headed over the next 12 months. Request a SONAR Demo.
And ultimately, eliminating the need for excess trucks on the road helps the carrier costs overall and allows for available resource management. Optimizing the routes for trucks will remove some of those additional and time-consuming stops. Emissions are still released if a truck sits without moving. Request a SONAR Demo.
In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. Sign up for a demo here or by clicking the button below. . Request a SONAR Demo.
Companies in the over-the-road trucking industry constantly strive to boost efficiency. Consider the impact of other modes on trucking and how that will affect your shipping strategy Shippers can also benefit from the consideration of other modes of trucking. Request a SONAR Demo. Request a SONAR SCI Demo.
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