Freight Recession? Blame the Imbalance of Supply and Demand
A recent report from FreightWaves Daily (FW) does much to explain the current freight market and operating environment, citing the imbalance of supply and demand as the root cause.
Stay up to date on industry trends and topics
A recent report from FreightWaves Daily (FW) does much to explain the current freight market and operating environment, citing the imbalance of supply and demand as the root cause.
One of the best ways to protect your company from cargo theft is to become aware of the various methods used by thieves, the type(s) of cargo most targeted, likely locations for theft and education of your drivers. Theft activity also picks up around holidays.
Just in case ICSA members aren’t sure that California intends to enforce its Clean Truck Check (CTC) truck registration and smog check requirements, we share with you that a 2020 Freightliner owned by an Arizona-based carrier recently failed a smog check at one of the new smog-check sites.
Ever wonder who decides the cost of a federal regulation... and that the regulation is worth that price? In business, we understand how materials and labor, together with a reasonable profit, come together to generate a price. In investments, we look for a reasonable rate of return. In both cases, there is a private entity – the consumer, the investor – who makes the final decision.
The federal government is moving to multifactor identification for access to official accounts and databases. You probably already experience updated security when accessing your bank, mortgage or credit card accounts – the same thing is coming at the federal level.
If you think you’re operating in a tougher environment than you’ve seen in years, you are correct! In September, American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.1% after rising 0.2% in August.
While drivers of both cars and trucks are the target of the Commercial Motor Vehicle Safety Alliance’s (CVSA) Operation Safe Driver program, commercial vehicle drivers received a majority of warnings and tickets/citations during the July 10-15 emphasis.
In every area of life, we live with acronyms – those abbreviations intended to identify an organization or topic without the burden of repeating long phrases. Acronyms are efficient and economical, if you first know what they mean.