The supply (capacity) side of the freight market has become very tight in 2020, but not because equipment is scarce. A driver shortage, more than anything else, has put the trucking industry in a position to chase rate increases for perhaps the next two years. “The driver shortage is driving the current environment,” said Paul […]
Recruiting firm Tenstreet acquires retention-focused Stay Metrics Driver hiring assistance platform Tenstreet has acquired Stay Metrics, a company focused on driver retention strategy. The acquisition will result in a more powerful offering for both carriers and drivers in recruiting and retention, the companies said. It also combines the two companies’ driver data, which provides insight […]
TCA delays, relocates Annual Convention The Truckload Carriers Association announced it is postponing and moving the site of its 2021 Annual Convention from January to April due to lingering COVID-19 concerns. The 2021 event was originally scheduled to be held Jan. 23-26 in Nashville, Tennessee. It is now set to be held April 17-20 at […]
Volkswagen’s commercial truck unit, Traton, and Navistar, the maker of International-brand trucks, on Saturday entered into a definitive merger agreement under which Traton will become the owner of all of outstanding common shares of Navistar that it does not already own – a deal totaling $3.7 billion. Traton previously held 16.7% of Navistar, which it […]
A lot of time and effort goes into spec’ing a commercial truck, but much of that work goes unappreciated by the untrained eye. Well-executed fleet graphics, on the other hand, not only project a largely positive image, they also are more obvious than a finely tuned axle ratio or a calculated aerodynamics package. Trucks and […]
The CDL Drug & Alcohol Clearinghouse, which faced frequent crashes and lingering technical hang-ups in its initial rollout earlier this year, will face another big test in the coming eight weeks as hundreds of thousands of motor carriers and owner-operators are expected to hit the system for the first time. Due by Jan. 5, 2021, fleets of […]
North American Class 8 net truck orders surged to 40,100 units in October, according to preliminary data released Tuesday by FTR – the first time order intake has cracked 40,000 units since October 2018. Orders last month were up 26% from September – a point FTR Vice President of Commercial Vehicles Don Ake called “the […]
Whether it’s the clash between Republican incumbent President Donald Trump and Democratic challenger former Vice President Joe Biden or potential turnover in the Senate, the outcome of Tuesday’s election will impact the transportation industry. Aside from appointing a new Federal Motor Carrier Safety Administration (FMCSA) chief the winner of the upcoming election will certainly play a […]
CCJ Innovators profiles carriers and fleets that have found innovative ways to overcome trucking’s challenges. If you know a carrier that has displayed innovation, contact CCJ Editor Jason Cannon at jasoncannon@randallreilly.com or 800-633-5953. In its first-quarter 2020 investor presentation, USAT Capacity Solutions (CCJ Top 250, No. 60) had a timeline with 2007 to 2016 labeled as “The Lost Decade.” Tk. The focus […]
