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Activity for the Fourth of July weekend in 2020 was at its highest since 2016 and increased by 123% over the previous year, according to a CargoNet analysis.
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The trucking industry, and the supply chain as a whole, are in an upcycle, but analysts suspect that the industry has reached its peak.
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Trucks remain the most commonly used mode to move freight, transporting 64% of the weight and 72% of the value in 2017.
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A new direct bill program from one logistics company can reduce driver dwell times by an average of 30 minutes, according to its developer.
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According to the American Trucking Associations, the advanced seasonally adjusted For-Hire Truck Tonnage Index fell 5.1% in July (109.6) after increasing 8.9% the previous month (115.5).
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Truck fleets seem cautiously optimistic about freight and business levels in the coming months as the economy continues to work to recover from COVID-19 shutdowns, according to an HDT survey – and they see some positive long-term takeaways from the pandemic.
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A new index provides visibility on the state of the trucking market as anticipation of an economic restart grows.
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Uber Freight's new bidding feature in its app offers carriers and drivers increased flexibility and control by allowing them to bid and receive feedback on select loads directly.
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Truckstop.com and Knight-Swift Transportation announced a digital freight matching integration service aimed at helping the motor carrier's owner-operators and their vast network of third party trucking partners move more freight efficiently throughout the country.
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FTR said its Trucking Conditions Index in December was the highest since January 2019 and the first positive reading since 0.28 in July.
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