BlueGrace Logistics developed a proprietary carrier relationship management system for account reps to quickly match loads.
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Growth strategies that worked in the past for brokers and carriers may no longer be soluble with increased competition for capacity in 2021.
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Non-auction options like a 24/7 daily online marketplace, which provides a more retail-like purchasing experience with ‘Buy Now’ and ‘Make Offer’ options, have also drawn more digital buyers while increasing seller control over the price and process.
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Chris Pickett, of Pickett Research, foresees the current boom cycle fading early this year after the months-long acceleration in the second half of 2020: “If this cycle behaves in a way that is in any way similar to truckload cycles over the past 15 years, which I have no reason to think otherwise, I expect to see our peak by the first quarter of this year at the latest, if not the fourth quarter that we just wrapped up. And once we observe that turn in the year-over-year cycle, we can start planning for the subsequent collapse leading into the final deflationary leg of the cycle – before we start all over again.”
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A Peterbilt 579EV and Kenworth T680 FCEV (fuel cell electric vehicle) became the first Class 8 trucks equipped with electric powertrains to climb Colorado’s famous and challenging Pikes Peak Highway.
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Electric trucks run 'amazing' up Pikes Peak
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Navistar shuttering Melrose Park technical center, selling land to developer
BlueGrace Logistics developed a proprietary carrier relationship management system for account reps to quickly match loads.
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Mission possible: Grow capacity in tight driver market
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Chris Pickett, of Pickett Research, foresees the current boom cycle fading early this year after the months-long acceleration in the second half of 2020: “If this cycle behaves in a way that is in any way similar to truckload cycles over the past 15 years, which I have no reason to think otherwise, I expect to see our peak by the first quarter of this year at the latest, if not the fourth quarter that we just wrapped up. And once we observe that turn in the year-over-year cycle, we can start planning for the subsequent collapse leading into the final deflationary leg of the cycle – before we start all over again.”
Avoid the spot market? Analysts weigh in on 2021 freight outlook
Economy
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2020 trailer orders beat 2019 levels
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