
Truckload Rates Keep Rising as Tight Capacity Fuels Freight Market Recovery
Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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CFI recently announced it will be expanding its capabilities and resources for shipments between the United States and Mexico, while also celebrating its 35th anniversary of intra-Mexico and cross-border truckload freight services.
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According to FTR’s Trucking Conditions Index for August, carriers saw a positive rate environment with reading of 8.31.
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The Federal Motor Carrier Safety Administration has scheduled a virtual listening session to get input on freight broker transparency.
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Locomation announced it will leverage an autonomous vehicle computing platform from Nvidia for the commercialization of self-driving trucks starting in 2022.
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According to DAT Solutions, the average spot van rates set a record high in September, up 6 cents from the previous record set in June 2018.
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Digital freight broker Transfix has launched its first standalone software, a free online tool for small and midsize motor carriers giving them access to a centralized platform for managing fleets and streamlining operations.
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KeepTruckin's new Smart Load Board makes available in KeepTruckin’s platform thousands of loads from industry partners – including many of the largest brokerages in North America.
Read More →James N. (Jim) Hutchinson, who was chief executive officer of Heavy Duty Trucking and its parent company Newport Communications Group for eight years, died Sept. 24 in Newport Beach, California, following a heart attack.
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Uber Technologies has received a $500 million investment from Greenbriar Equity Group, a New York-based investment firm, in a Series A preferred stock financing for Uber Freight.
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President Trump signed a continuing resolution that avoided a government shutdown and extended the current transportation funding program.
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