Key data on revenue and freight assets for the 50 largest global freight companies. More News September Medium-Duty Truck Sales Fall 9.4% Year on Year Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-...
“We now have fewer trucks on the road because of the bankruptcies and capacity exits,” Woodrow said. “We will exit the freight recession in Q3 and rates will go up in the back end of the third quarter,” he added. “I think the holiday season will be interesting in terms of freigh...
FTR’s Trucking Conditions Index for June stayed in positive territory in June, but it weakened to 0.95 from May’s 2.24 reading. Details matter, however, as core freight dynamics improved for trucking companies during June while higher financing costs and a slowing of diesel price decreases were...
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Trucking economist Noel Perry pointed out in a blog post that “fuel is up more than 50% since early 2016 and looks like it will get higher.” The Oil Price Information Service said in late May “high diesel prices are in the forecast,” thanks to “a global supply-and demand scenario...
Next, either get a substantial loan or secure a good line of credit. Remember your business plan is only a financial forecast and if you start out with too little money, then the smallest setback could prematurely force you out of business. ...
The 20 per cent increase over the past three months is putting pressure on US trucking costs, and shippers can expect to see their costs creep higher this fall amid seasonal freight demand and a forecast for higher fuel prices and surcharges. ...
June 25, 2024 Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals … ...
When it comes to freight costs, business owners must always find ways to cutcosts. This is common across the eCommerce landscape. By reducing the cost of your freighttransportation, you can have a bigger budget to invest in other areas of your company or simply save up. ...
More Home Time OTR truck driver jobs usually pay more than local trucking jobs, but it’s tough to put a price on spending time with family. Driving regional or a dedicated lane can often mean getting home on the weekends, which is a good compromise for truckers who want to spend more ...