Fleets Grapple With Freight Rate Pressures
Trucking companies are navigating a challenging economic environment where stubbornly high costs for goods are affecting what shippers are willing to pay for transport, experts warned.
December Classes 4-7 Retail Sales Stumble
U.S. retail sales for medium-duty trucks experienced a 6.2% year-over-year decline in December, Wards Intelligence reported.
December Class 8 Sales Reach All-Time High
U.S. Class 8 retail sales in December reached an all-time monthly high, Wards Intelligence reported.
COVID's Impact on Shopping, Supply Chain Remains Profound
WASHINGTON — The coronavirus pandemic had a profound impact on how shopping and supply chains operate, experts said Jan. 10 during a session at Transportation Research Board’s annual meeting.
Trucking Demand Growth Increases Land Management Concerns
WASHINGTON — The increase in demand for freight transportation is adding strain on land management, experts said during a session at the Transportation Research Board’s annual meeting Jan. 11.
Truckers Need Better Visibility Into Open Parking Spaces, Study Finds
WASHINGTON — Research conducted at an interstate rest stop along a busy East Coast freight corridor found that truckers are missing out on open parking spaces due to a lack of visibility into what’s available, and drivers’ perception based on trucks already parked along the side of the highway that all spots are taken.
Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
Drivewyze Partners With Bestpass to Better Align Tolling, Bypass Services
Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management and weigh station bypass services, the companies announced Jan. 4.
C.H. Robinson CEO Bob Biesterfeld Steps Down
C.H. Robinson on Jan. 3 announced the departure of CEO Bob Biesterfeld, and set in motion a process to find a permanent replacement while tapping an interim leader from its board of directors.
Freight Trends Continue to Affect Driver Recruitment
The trucking industry likely will see a continued slowdown in driver recruitment efforts as freight demand continues to normalize in 2023.