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Tank Transport Trader presents the latest news on the Trucking Industry, safety, new technology, autonomous vehicles, economy, regulations, policies, industry and transportation – and more news for the transportation & liquid dry-bulk industry –
Continuing economic recovery, inventory replenishment, and e-commerce growth will “clash with capacity constraints to keep rates high this year,’’ according to the Council of Supply Chain Management Professionals’ (CSCMP) 32th annual State of Logistics Report.
With trucking rates so high, companies are wrestling with the new reality that a driver doesn’t need to work a full schedule to pull in a decent salary, David Parker, chief executive of Covenant Logistics…
Data from the Council of Supply Chain Management Professionals’ Logistic Managers Index shows that between May 2020 and February, inventory costs, warehouse prices and transportation prices were between 27 to 39 points higher than the…
The list of things to like from the current economic, freight and commercial vehicle demand perspectives is long, according to ACT Research’s latest release of the North American Commercial Vehicle Outlook. “From the freight perspective…
The Biden administration has confirmed that the trucking industry will be included in its electric vehicle (EV) expansion strategy and will be eligible for federal grants.
A new guidance document released in April by U.S…
Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…
Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. As…
Meera Joshi, the new acting administrator of the Federal Motor Carrier Safety Administration, made headlines recently with her comments about how autonomous truck technology would affect truck-driving jobs, saying there are real and broad impacts…
American Trucking Associations (ATA) has formed a new advisory board to advise the association on ways to grow and strengthen relationships between the trucking industry and law enforcement organizations across the country. The new Law…
The North American Council for Freight Efficiency (NACFE) has issued an updated report on the changing trends of light-weighting technologies since the council last published a study on the topic in 2015, including strategies to…
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