He cautions that “if you look at all fleets to get costs, you’re assuming everyone is on a level playing field. But they’re not. Every company has its own variables. So, you want to set rates at a given time, keeping in mind what the customer wants done. Today, it’s more a...
The SONAR National Truckload Index (NTI) has reached levels not seen in nearly two years, surging from $2.38 per mile to $2.52. The last time truckload spot rates were this high was on Jan. 23, 2023. Read More » Layoffs and Bankruptcies ...
You don’t have to go all the way to a trade show to see the latest trends in fleet technology; see why trucking fleets around the world trust Fleetio to perform a trucking cost analysis and improve their maintenance processes. Discover why fleets choose Fleetio Thousands of organizations acr...
“For carriers, the long bottom in freight rates continues, with spot rates little changed since April,” Vieth said. “A big driver of rate weakness has been lagged private fleetcapacityadditions. As for-hire fleets tend to be the first buyers in line, pr...
The major reason behind their success has been their long-term strategies. They always try to identify industry trends, analyze emerging technologies, and utilize data and analytics to build efficient systems for complex supply chains. Over the past two decades, ArcBest has acquired several companies...
“We have hit the bottom in freight rates,” said Paul Brashier, vice president of global supply chain at ITS Logistics. “We are not cratering and we may be lifting off the bottom a little bit.” Brashier said the data on current number of loads that need to be shipped and the actual...
Food Logistics talks exclusively with Alice DeBiasio, VP and general manager, truck trailer Americas and digital solutions, Carrier Global Corp., about the top trends to watch for in 2025. Carrier Global Corporation December 4, 2024 Trucking How Economic Uncertainty Affects Transportation Priorities Fo...
Flatbed rates were also down by the same amount, falling to $2.69 per mile and reefer rates fell 3 cents to $2.51. Despite the declines however, rates are 20% higher than the same period last year. The number of loads posted on the DAT Network of load boards were down 5% and truck ...
Will you own the trucks, or will you subcontract your loads to other drivers? Are you considering an operation as an owner-operator? You must decide on the type of trucking business before you open to help you make better decisions.
The top goal of retreading a tire is to increase its useful life. Tires can be retreaded multiple times and can cost around half of the cost of a new tire. Photo: TRIB Trends in Retread Fleets continue to recognize the higher return on investment (ROI) and lower overall operating costs...