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Category: Trucking

Trucking

CRISIS: Retiring Truckers Face Bankrupt Pension Funds

  • September 8, 2017
Across the country, union pension funds are going bankrupt, leaving thousands of retiring truckers wondering what is to become of their hard-earned benefits. The Pension Rights Center reports that roughly one million Americans are covered by funds on the verge of insolvency, and unions in Cleveland, Illinois, and New York have already been forced to […]
International, Trucking

Trucking Eyes NAFTA Overhaul with Apprehension and Hope

  • September 1, 2017
Shippers, carriers, and logistics professionals are all watching closely as trade delegations from the U.S., Canada, and Mexico enter the second of seven rounds of negotiations to overhaul the North American Free Trade Agreement (NAFTA). Unfortunately for observers, uncertainty abounds as to what “NAFTA 2.0” will entail. President Trump’s opposition to NAFTA was a cornerstone […]
Industry News, Trucking

In Search of Stability, Trucking Moves to Dedicated

  • July 28, 2017
Dedicated trucking’s popularity is on the rise, as both shippers and carriers embrace it as a way to guarantee capacity and escape the volatility that has engulfed the industry as a whole. According to A.C. Kearney’s 2017 State of Logistics Report (subtitled “Accelerating into Uncertainty”), spending on dedicated and private fleets has risen 0.7 percent […]
Trucking

Spot Rates Climb, Contract Rates to Follow

  • June 2, 2017
National spot rate averages have been on a slow and steady climb through the beginning of 2017, and analysts predict further gains as the year continues. The spot rate increases come in response to both a relatively robust economy and tightening capacity in the face of the truck driver shortage. Shippers and carriers alike are […]
Industry News, Trucking

America’s Driver Shortage

  • May 12, 2017
The American trucking industry is in a period of upheaval, contending with a rising wave of consolidation, the impending ELD mandate, and the promise of driver automation on the horizon. In addition to these new issues, trucking is also facing a perennial problem: a serious driver shortage. The American Trucking Association estimates that at present, […]
Industry News, Trucking

Knight-Swift Kicks Off Wave of Trucking Mergers

  • May 5, 2017
Earlier last month, Phoenix-based trucking firms Knight Transportation and Swift Transportation caught the industry by surprise when they announced their merger, which will make them one of the largest trucking companies in North America. The merger has been hailed as a positive move for both companies, but some observers see it as a herald of […]
Industry News, Trucking

Will ELDs Hurt or Help Trucking?

  • April 28, 2017
The trucking industry is preparing to adjust to the federal Electronic Logging Device (ELD) mandate, which is set to take effect in December 2017. The controversial rule requires nearly all truckers to install an ELD to log their hours of service (HOS)and replace the paper logs that have been in use for decades. An ELD […]
Technology, Trucking

Why Trucking Can’t Be “Uberized”

  • April 14, 2017
In recent months, much has been written about the so-called “Uberization” of trucking, but the concept remains poorly understood. That’s because when people refer to “Uberization,” they’re really talking about two separate phenomena, each with distinct possibilities for the trucking and brokerage industries. The first phenomenon is the development of Uber-like technology (frequently smartphone apps) […]