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Trucking rates

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News · Oct 24, 2019

Driver qualification, detention among DOT 2020 priorities

Story by: John Gallagher, Washington Correspondent @FreightWaves I Management at the Federal Motor Carrier Safety Administration (FMCSA) will be pressured to address several affecting commercial drivers and their companies in 2020 based on a set of priorities unveiled by the U.S. Department of Transportation (DOT). “DOT’s Fiscal Year 2020 Top Management Challenges,” released on October 23, calls on the agency to tackle truck driver qualification, driver detention, and high-risk motor carrier int

News · Oct 16, 2019

Weekly Fuel Report 10-16-19

Weekly Fuel Report by:Emily Ricks @ American Shipper/ FreightWaves Source and credits: freightwaves.com / American Sipper / Emily Ricks / iTrucker / Mario Pawlowski

News · Oct 15, 2019

Cass says data continues to point toward economic contraction including freight shipments

Story by: Todd Maiden @ FreightWaves I Freight shipments and expenditures declined on a year-over-year basis again in September according to the latest Cass Freight Index Report. According to the report, shipments declined 3.4% in September, the tenth straight month of year-over-year declines. On a month-over-month comparison, the index improved 0.8% to its best reading since May. Donald Broughton, founder and managing partner of Broughton Capital and author of the report, said, “the shipments i

News · May 23, 2019

The sky may have fallen on freight market after new tariffs are implemented against China

"Like the “snap” in the Avengers movie, where the big bad villain, Thanos, eliminated half the life in the universe, something similar occurred to the freight market after the trade war escalated between China and the U.S earlier this month. It is hard to imagine the freight market being so fragile that one action — tariff increases — could drop national freight volumes 4% to 5% overnight. While it is difficult to say that is exactly what happened, the timing makes it hard to ignore the correlat

News · May 22, 2019

Conditions for small fleets deteriorating and it will get worse

"For the freight market, 2019 has been shaping up to as a tug of war between the bulls and the bears. The large enterprise carriers that rely heavily on committed business (commonly referred to as “contract business”) have been enjoying a decent year, while the small carriers that are heavily exposed to the transactional spot market have been faced with a very tough market". According to Craig Fuller, CEO at FreightWaves Fuller also wrote - "Meanwhile, spot rates have dropped like a rock. From t