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2019 Fact Book: Trucking Industry Stats

HDT’s fifth annual Fact Book is a fascinating overview of our industry by the numbers. The first section deals with statistics about the industry itself including costs, revenues and the volume of available work.

New England Motor Freight Files for Bankruptcy

LTL carrier New England Motor Freight and its subsidiaries have voluntarily filed for Chapter 11 bankruptcy in New Jersey, intending to facilitate an orderly wind down of its operations.

Roadrunner Loss Widens Amid Financial Probe

The asset-light trucking and logistics provider Roadrunner Transportation Systems Inc. reported its first quarter operating results on Monday that showed a bigger loss than it reported a year earlier as it also said its now in compliance with government reporting rules.

Profit Is Hiding In Dark Places

Most fleets are operating on thin margins and that is not likely to change anytime soon. Yet many of them are missing an opportunity to add to their bottom line because they don’t have complete control over their procurement process.