July 24, 2019 by Truck News ARLINGTON, Va. – The U.S. driver shortage rose to 60,800 last year, up nearly 20% from 50,700 in 2017, the American Trucking Associations said in a study released Wednesday. The group warned that the shortage could hit 100,000 in five years and 160,000 by 2028. “Over the past 15 […]
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Low lumber prices and the high cost of fibre are the cause of curtailment, according to the company Apr. 25, 2019 Canfor has announced it will be temporarily closing down operations at almost all of its B.C. dimension mills. The company said in a news release Wednesday, it will be shutting down operations for one […]
October 25, 2018 by Truck News COLUMBUS, Ind. – September trailer orders, totaling more than 58,000 units, were up 52% from August and 135% year-over-year, according to ACT Research’s State of the Industry: US Trailer Report. “Following the strongest July and August net orders in industry history, September results were truly epic, posting more than 58,000 […]
September 21, 2018 Trailer orders exceeded the best August in history, according to preliminary data from FTR and ACT Research. FTR reported orders of 35,300 units, exceeding expectations at 27% higher than July and up 141% year-over-year. Fleets are placing 2019 orders a few months ahead of schedule, FTR reports, with large fleets ordering substantial […]
August 27, 2018 Brian Straight, managing editor Joe DeLorenzo, director of the Office of Enforcemnt and Compliance for FMCSA, has the inevitable task of attending events such as the Great American Trucking Show last week in Dallas and standing in front of audiences to represent FMCSA’s viewpoint on regulations and enforcement. In the past year, most of […]
July 13, 2018 Brian Straight, managing editor First in a series of FreightWaves’ Market Update webinars highlights economic outlook, impact of ELD mandate, and areas of freight strength While there is a lot of noise surrounding tariffs and potential trade wars, FreightWaves’ Chief Economist Ibrahiim Bayaan isn’t as concerned as some that the noise will result […]
June 02, 2018 Maria Baker Despite national unemployment rates sitting at an “18-year low of 3.8 percent,” the so-called driver squeeze continues to make headlines in 2018, marking it “a pretty rowdy year in wages,” according to Gordon Klemp, president of the National Transportation Institute (FreightWaves, The Washington Post, USA Today, and NPR). Some trucking companies are pushing back against the […]
May 26, 2018 Dean Croke, chief analytics officer, FreightWaves Imagine the worst boss you’ve ever had looking over your shoulder all day and telling you what to do, and then once 14 hours have elapsed since you drove to work, you have to drop everything, stop work and take a 10-hour break regardless of the time […]
May 04, 2018 Matt Wimberly, freight markets reporter This past week, I had the opportunity to visit the lovely state of California, with its thriving tech sector and massive ports that provide the front door to the American retail economy. In speaking with a number of people on the ground, I came away with an impression […]
May 01, 2018 Craig Fuller Tweeners offer the biggest rate opportunity for carriers Deregulation had a profound impact on the trucking market that resulted in massive upheaval for the incumbents. If you look at the top 100 trucking companies that existed before deregulation, only about 20% are still around. The rest went away because they couldn’t […]
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Recent News & Articles
- UPDATED: U.S. trucker shortage swells to 60,800 in 2018July 26, 2019 - 2:29 pm
- Canfor temporarily shutting down lumber mills across B.C.June 19, 2019 - 11:29 am
- Trailer orders officially “epic”: ACTOctober 25, 2018 - 11:46 am
- Record August for trailer ordersSeptember 27, 2018 - 8:54 am
- 9 months into ELD mandate, confusion persistsAugust 27, 2018 - 2:50 pm
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