News
Chemical tanker explosion sends fireball roaring into sky (warning: graphic video and images)
Story by: Jim Wilson @ FreightWaves A massive explosion aboard a chemical tanker blew a fireball and mushroom cloud into the sky over the weekend at the Port of Ulsan, South Korea. According to Wilson. Local reports indicate that about 18 people were injured primarily from burns and smoke inhalation. One ship has likely been rendered […]
Learn More
Another large trucking company files bankruptcy, 339 trucks impacted
Story by: Craig Fuller, CEO at FreightWaves In a November 2018 article, private equity firm KJM was described as being “unlike the others” and “having daily involvement in the support functions of the business, allowing the company to implement growth initiatives and improve the customer experience.” Unfortunately, for the 450 employees and stakeholders of Cold Carriers, […]
Learn More
Major winter storm enters second day in the Northern Rockies, MT
Sun Sep 29, 2019, Valid Mon Sep 30, 2019 – Wed Oct 02, 2019 “A powerful early-season winter storm may produce an additional 1 to 2 feet of snow in the Northern Rockies, with up to a foot across the Rocky Mountain Front, other Northwestern mountain Valleys, and the California mountains. Powerful winds combined with […]
Learn More
Truck drivers rank high among sleep-deprived workers, study says
Story by: Max Heine @ Overdriveonline.com The share of Americans who don’t get enough sleep is getting larger says a new study from Ball State University. Not only are professional drivers among those suffering the most, but they’re also seeing above-average growth each year in those reporting sleep deprivation. From 2010 to 2018, the prevalence […]
Learn More
Trucking Freight Futures Market Activity 9-23-2019
Layla Rapp @ FreightWaves Source and credits: freightwaves.com / Layla Rapp / iTrucker / Mario Pawlowski
Learn More
Why measuring driver brain waves might be better than cab cameras to prevent accidents
Story by: Vishnu Rajamanickam, Staff Writer @ FreightWaves For the long-haul truckers that stay away from their families for days at a stretch, fatigue and physical discomfort are some of the most commonly shared realities of being behind the wheel. In some cases, hours-of-service (HoS) regulations have weighed into this issue with unintended consequences. Truckers […]
Learn More
National freight volumes now positive for nine straight weeks
Story by: Seth Holm @ FreightWaves. Outbound tender volumes (OTVI.USA) continued on their upward trajectory and extended their multi-week winning streak dating back to late July. OTVI first crossed over to positive on July 24. It has been positive on a year-over-year basis since. One key question is how much of the sustained volume improvement […]
Learn More
Major winter storm is underway across the Northern Rockies, dangerous driving conditions expected
4:30 am Saturday, September 28th, 2019 Update by weather.gov: A major winter storm is underway across the Northern Rockies. Snow has been falling along and west of Interstate 15 across North Central Montana for most of the night. Rain will continue to transition to snow from northwest to southeast across the remainder of the region […]
Learn More
New truck orders running below replacement demand should boost carrier profits in 2020
Story by: Seth Holm @ FreightWaves The Seasonally Adjusted Annual Rate (SAAR) for new Class 8 truck orders in 2019 is trending at approximately 150,000. Note that this number includes orders for interstate, intrastate and private fleets. We estimate total replacement demand in the neighborhood of 250,000 to 300,000 trucks annually based on there being […]
Learn More