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 […]
This month, over 300,000 computers around the world were subjected to a massive cyberattack from the aptly-named WannaCry software. This attack is the latest and largest appearance of an emerging type of hacking known as “ransomware.” In a ransomware attack, victims find themselves locked out of their own data, which is encrypted unless they agree to pay […]
The international shipping industry is caught in a dramatic conflict between US legislators and several massive carrier alliances, with the Federal Maritime Commission (FMC) and domestic service providers caught in the crossfire. This conflict raises many questions regarding whether these alliances violate US antitrust law, whether the laws themselves need to be updated, and what […]
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, […]
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 […]
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 […]
In recent years, the phrase “bipartisan consensus” has become something of a contradiction in terms, but one of the few points on which Republicans and Democrats can still agree is the urgent need to shore up America’s infrastructure, which is most often described as “crumbling.” Last year, the American Society of Civil Engineers gave American […]
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) […]
The White House and Congress are gearing up for a long-promised overhaul of the tax code. Among the proposed changes is the House Republican “Better Way” Border Adjustment Tax (BAT), a controversial measure that, if adopted, has the potential to drastically alter the logistics landscape for both exporters and importers. The BAT denies the […]