Article written by Aaron Huff This is the second installment of a two-part series on how the free market responded to the COVID-19 crisis. Part 1 explored pricing volatility experienced by carriers, 3PLs and shippers. This article delves into the hot-button issue of rate transparency. When negotiating rates, shippers, 3PLs and carriers have access to the same […]
July 2020
Article written by Nathan Owens Graphs showing J.B. Hunt second quarter information. J.B. Hunt Transport Services Inc. on Thursday reported a second quarter profit of $121.7 million, down 9% from a year ago. Despite challenges experienced at the start of the quarter ending June 30, results beat Wall Street’s expectations. Revenue fell 5% to $2.15
The integration of QuikQ’s fueling solutions and McLeod Software’s LoadMaster Enterprise provides a centralized interface for streamlined operations. FRANKLIN, Tenn., and BIRMINGHAM, Ala. — QuikQ LLC, a provider of fuel cards and cardless fueling solutions, now features an upgraded interactive interface with McLeod Software’s LoadMaster Enterprise dispatch software. “QuikQ understands the importance of automation and
Uber is said to be in talks with investors to take stake in its freight business and raise $500 million to boost it to a value of $4 billion, according to Bloomberg. The company was mum about the issue thus far. An Uber spokesperson said that while it was “not unusual for us to receive interest for
Article written by Corrie White Extended Carrier Update with insights from industry experts at PowerFleet and FreightWaves The post-July Fourth trough didn’t stay for long, as tender rejection rates have climbed back to 15.9%. While this is good news for carriers, consumer spending remains cushioned only temporarily by unemployment checks, which extend only until July
‘ATA American Trucking Trends 2020’ shows that 80% of freight is moved by truck in the U.S. The annual data report by the American Trucking Associations went on sale this week. Before the COVID-19 pandemic took over the U.S. economy, the trucking industry was rolling, according to data compiled in the American Trucking Associations’ “ATA American
Article written by James Jaillett As the number of ELD vendors narrows, some industry observers and owner-operators wonder if FMCSA’s registry of self-certified electronic logging devices can remain current and accurate. Those questions are explored in the second part of this series at this link. By the end of August, independent owner-operator Alipio Montano will be
Small carriers can now bid on dedicated freight in the Convoy app. Image: Convoy Convoy has added dedicated freight to its digital freight network, increasing opportunities for recurring work that was previously inaccessible to small fleets and owner-operators. This nationwide offering lets motor carriers bid on dedicated freight contracts that can last up to six
Expanded collaboration integrates advanced capacity management and automated booking tools into TMS operating platform; significantly reduces cost to cover loads, improves driver productivity, engagement and support. Builds on earlier adoption of Trucker Tools solution for automated, app-based GPS load tracking. RESTON, Va., July 15, 2020 /PRNewswire-PRWeb/ — Trucker Tools announced today that ARL Logistics, a leading provider of
Dynamic Route Optimization builds suggested weekly route plans based on factors such as drivers’ hours, load attributes, average load and unload times, market cost, mile per hour bands by region, and home base city. Photo: Evan Lockridge Global third-party logistics provider Coyote Logistics has expanded its Dynamic Route Optimization program, which aims to streamline supply