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A new collaboration between J.B. Hunt and the University of Arkansas aims to increase awareness of inclusion and diversity in transportation and explore solutions to this and other industry challenges.
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In 2019, the costs of trucking contracted significantly, from $1.82 to $1.65 per mile – a drop of 9%, according to the American Transportation Research Institute's annual survey.
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The North American Council for Freight Efficiency is an invaluable resource, and its expertise is free, says Rolf Lockwood in his Locking it In blog.
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While preliminary data shows that used Class 8 volumes dropped 10% month-over-month in October, they are still 10% up compared to the first 10 months of 2019, according to ACT Research.
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North American cargo theft is on the rise this year, and the Covid-19 pandemic caused a spike in cargo crime in April.
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According to ACT Research, preliminary trailer data for October shows a total of 54,200 orders, up 6% from September and more than 68% higher than October 2019.
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Spot truckload rates for dry van and refrigerated freight hit another high in October, according to DAT Freight & Analytics, while average flatbed rates also increased compared to September, they did not surpass 2018’s highs.
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According to separate ACT Research and FTR reporting, October’s preliminary North American Class 8 orders jumped to 38,900 units and 40,100 units, respectively.
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ACT’s most recent For-Hire Trucking Index shows a tight trucking market, with continuing increases in volume and rates, but with driver availability worsening.
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Trailer order saw another big leap in September, with net trailer orders increasing 82% over August with 51,208 units.
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