Loose capacity a ‘speed limiter’ on rising rates in van freight
The national average van rate held tight at $1.68 per mile last week. Still, rising lanes continue to outnumber falling lanes in what’s been a slow and steady trend.
View ArticlePodcast: Cold water on the ELD mandate’s potential rates impacts
While recent polling shows most owner-operators view the ELD mandate's chances of positively impacting rates either short- or long-term as good, don't count OOIDA board member and B.L. Reever Transport...
View ArticleELDs’ capacity squeeze assumption no. 1: Fewer miles
Examining the assumptions behind the varying predictions of the post-ELD mandate demand situation. If some predictions come to pass, there’s reason to believe rates may rise enough to be a notable...
View ArticleELDs’ impact under study by C.H. Robinson/Iowa State University
With a white paper due as early as October, the broker is working with researchers to help the industry understand what ELDs could mean for hours, what productivity/capacity issues would result and...
View ArticleHurricane Harvey to disrupt freight flow nationwide, likely boost rates
Hurricane Harvey and the damage it is inflicting in southeast Texas will crimp trucking industry capacity, alter the country’s freight flow and likely push rates upward in the coming weeks and months....
View ArticleIn the freight rate/availability weeds this disastrous week
With Hurricane Irma on the way and Harvey's effects being felt, the two natural disasters are "coming on top of a robust economy," notes DAT's Ken Harper, which could bode well for parts of the...
View ArticleHurricane recovery, ELD mandate could squeeze trucking capacity, boost rates
Hurricane recovery efforts will increase freight demand, which will pull trucks out of their normal cycle. That shift in freight patterns combined with the crimp of productivity likely associated with...
View ArticleSpot market tightens, with rates moving accordingly on several lanes for...
Capacity has been tight on the spot market, volumes heavy. Nationally, there are more loads available than there were before Hurricane Harvey, and recovery efforts after Irma have led to soaring van...
View ArticleELDs not alone in driving up rates
These factors indeed point to a capacity crunch – Noel Perry predicts it happening between March and July – that clearly exceeds the market’s typical ups and downs.
View ArticleTuesday fright: Parking issues downright scary?
Toward a more-perfect Halloween post: A reader on the need for more parking capacity -- and the legacy, or lack thereof as yet when it comes to publicly funded parking spaces, of Jason's Law.
View ArticleSpot market records broken again for first week of the year
With on-highway anecdotes of $5-plus/mile rates not hard to come by, the weekly spot market demand report gets a little closer to revealing ELDs' rates impact in van, reefer. The first week of the new...
View ArticleFuel prices, post-ELD pressure sustain elevated rate picture on spot market
Rising fuel costs, topping $3/gal. nationally in recent weeks, have added pressure on freight rates, slowing their seasonal decline a bit. But the bigger story remains a capacity crunch that’s put...
View ArticleELDs’ parking impact: Trucker Path data show big shift in planning, little in...
Trucker Path provides some sense of quantification around the impact of the ELD mandate on the parking problem, showing a slight shift in stressed parking capacity, but more more change in driver's...
View ArticleLandstar hits 10,000 trucks mark
Landstar commemorated a company milestone this past Monday, May 14 – reaching the number of 10,000 trucks provided by Landstar-leased owner-operators within its network.
View ArticleELDs up the ante on parking
The electronic logging device mandate has had the unintended effect of adding new pressure to the parking situation along busy corridors across the nation. Truck stops have introduced more paid...
View ArticleProviding real-time counts of parking spaces
The three major truck stop chains are developing systems that allow drivers to check smartphone apps or web portals to see where parking is available.
View ArticleRates ‘high and headed higher’ with truck capacity holding tight
The rate gains are being driven by a simple supply and demand imbalance, with the number of loads well outpacing available trucks. “Rates are not going to be going down probably for the next year,”...
View ArticleFreight boom, ELDs created ‘most disruptive time seen in trucking’
Economists and analysts last week at the annual FTR Conference recapped what was referred to as a "year of upheaval" in trucking, in which the combination of unexpected economic growth, the...
View ArticleProfits at large public fleets continue to swell
The strong numbers stem from a booming freight economy that has tested industry capacity and spurred big rate hikes, with carriers posting revenue increases for the first nine months as high as a...
View ArticleParking issues to be aired in Southern Nevada next week
Heads-up all of you out west -- specifically, anyone with expertise on lanes in the Southern half of Nevada, where a truck parking roundtable in Las Vegas with state and Federal Highway Administration...
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