Spot rates dropped to $2.19 per mile in the first half of the year. Despite a nine cent decline in diesel prices, operating costs increased by two cents per mile. This rise can be attributed primarily to significant year-on-year increases in insurance premiums (up 13%), truck and trailer...
NMFTA’s Digital LTL Council Launches Industry Standard API to Enhance Shipment Process December 19, 2024 Risk/Compliance Cargo Theft Surges to Record Levels December 19, 2024 Trucking Trucking Conditions Index Reflects More Balanced Market December 19, 2024 Risk/Compliance Insurance Coverage for Cross-...
Similarly, trucking companies in the Midwest region (central location) may focus on long-haul and intermodal transport. Trucking companies in the Northeast region (which contains congested urban areas) specialize in last-mile delivery and navigating complex city logistics. Companies in the Southwest reg...
In 2023, CRST Malone expanded its presence in the logistics sector byacquiring BCB Transport, a leading trucking company based in Texas. Continuing its streak of excellence, CRST was honored as the “Dedicated Final Mile Flatbed Carrier of the Year” by Home Depot for the second year in a ...
But theCass Truckload Linehaul Index, which tracks per-mile full-truckload pricing but doesnotinclude fuel or fuel surcharges, jumped 9.5% in June, the largest year-over-year increase in the data going back to 2005: Prices for “intermodal” freight have spiked. Intermodal involves a combinat...
Before you invest in trucking software, make sure that the software is able to take into consideration all these factors and enable accurate route planning that helps increase operational efficiency, save time, and minimize fuel costs. Moreover, the tool should be able to adjust and shift ...
Once a shipment is selected, you get to know its details and confirm the booking or not. My loads This section contains all information related to completed and scheduled loads. If you have any questions, you can click on the support icon in the right corner to contact the platform's supp...
Then, consider a shipment from po,i to pd,i where po,i and pd,i are set as per the cases listed in Table 1. The Google Maps API where applicable then provides us with detailed route directions, which list the amount of time driven for any stretch of road before the next turn and ...
Freight Analysis Framework (FAF4) data for travel times and costs鈥攁nd assuming that Atrucks lower trucking costs by 25% (per ton-mile delivered), truck flow values in ton-miles are predicted to rise 11%, due to automation's lowering of trucking costs, while rail flow values fall 4.8%...
They’re almost always operated by team drivers, and though their rate-per-mile makes most truckers salivate, there’s lots of sitting around and waiting associated with operating an expedited truck. Finding a Good Hot Shot Trucking Company to Work With ...