Outlook and Benchmarking: Page 2

Alternative power

Alt fuel industry looks to 'perfect storm' to help spur fleet interest

Alt fuel supporters are looking to a 560% uptick in federal funding, heavy investments from OEMs and utilities, credit programs and tougher government regulations to help increase fleet interest in green powertrains.

May 12, 2022

Alt fuel proponents have looked to the Ride n' Drive event at ACT Expo in Long Beach, Calif. as another way to help attract more fleets to green powertrains. Fleet operators lined up for two hours Tuesday and three hours Wednesday to take a spin. An all-time high of 43 trucks and vans were on display with 16 of those available for Ride and Drive. This year's expo easily broke attendance records with 8,300 accounted for by Tuesday, a 60% jump from last year. Due to its surge in growth, next year's expo will be held at the convention center in nearby Anaheim.

How fleet managers can use data to save their company money

There may be a good number for trucks running 100,000 miles a year at around 70 cents per mile, but not every truck in the fleet will be operating at 70 cents.

May 10, 2022

truck being towed

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Outlook and Benchmarking

Corcentric hopeful that rising interest rates will beat down 'astronomical' used truck values

Corcentric executives offer an industry outlook and advice on dealing with supply chain constraints and "tremendous asset inflation."

May 6, 2022

semi-trucks on the road

The ten percent solution

There are no average trucks, no average drivers and no average loads.

May 2, 2022

tractor roof fairings

Outlook and Benchmarking

Chip supply 'mess' continues as OEMs look to newer tech to help ease production woes

The semiconductor shortage continues to limit vehicle production as OEMs push to build more advanced safety systems and powertrains, like all-electric, which require even more chips. New tech can help, but it won't come soon enough.

April 11, 2022

International LT interior chip production

Secrets to building a successful trucking company

More than 3,140 trucking companies went out of business last year. Typically, around 85-90% of startup trucking companies fail.

October 31, 2021

Outlook and Benchmarking

Port confidence still wanes despite driver bonuses, new container fees

From the Port of Miami to the Ports of Los Angeles and Long Beach, efforts to alleviate historic port congestion through big driver bonuses and hefty container fees have left industry leaders concerned about the heavy price of business.

October 30, 2021

Trucks waiting at Port of Los Angeles new container fees

Trying to turn around a trucking company? Use the 1% approach

Every facet of the industry is so competitive that it can feel like there’s no room for improvement in rates or costs. But opportunities are there – even if you find them just 1% at a time.

October 13, 2021

U-turn prohibited sign

White House tasked with recognizing 'essential importance of commercial vehicles'

One major truck manufacturer says the Biden administration needs to prioritize commercial vehicles.

October 11, 2021

A Volvo VNR Electric at Manhattan Beer Distributors in New York City. It takes more semiconductors to produce zero-emission trucks versus internal combustion .

Outlook and Benchmarking

OEMs mostly quiet on Biden chip data request as more advanced chips get investment dollars

The Biden administration’s push for semiconductor data from U.S. auto makers as part of an effort to curb hoarding and create a more equitable approach to divvying up legacy chips may do little in a growing global economy hungry for more advanced chips.

October 7, 2021

Mack assembly line

Former Celadon exec: Industry 'close to having enough drivers'

Most relevant labor and payroll data suggests trucking industry employment across the board is at or near pre-pandemic levels.

September 15, 2021

trucks and trailers being loaded at a warehouse

Economic trends

Masks are back and more freight could be coming

Citing concern with COVID breakthrough cases, the CDC recommended indoor mask-wearing Tuesday regardless of vaccination status. Trucking experts say volumes should remain 'strong' amid surging cases and may even grow stronger.

July 28, 2021

Growing concern over COVID breakthrough cases led the Centers for Disease Control and Prevention to recommend indoor mask-wearing today regardless of vaccination status. Trucking experts advise that freight volumes should remain strong and may even grow stronger amid a COVID resurgence.

Outlook and Benchmarking

Surge in COVID prompts Walmart to close stores for deep-cleaning

With COVID cases rising, Walmart is shutting down some stores for deep-cleaning. This is not necessarily an indicator of pending "major economic damage" according to ACT Research.

July 26, 2021

The halt to in-person spending at some Walmarts during COVID cleansing is lasting for roughly a day-and-a-half. 'Any retrenchment away from experiential spending would be likely to extend that on-going strong trend of consumer spending on goods,' said ACT Research President and Senior Analyst Kenny Vieth.

Let data drive informed decisions

In a rapidly modernizing world, there is a need for companies to become more dynamic and drive insights from data.

April 21, 2021

man looking at analytics on laptop

Page 2 of 2

Electronic Toll

Court halts NYSTA surcharge on commercial trucking toll management service providers

The court's rulings pause the implementation of the surcharge and allow Bestpass by Fleetworthy and PrePass to continue their participation in NYSTA’s existing Standard Commercial Charge Account program while the court reviews legal and procedural issues related to the authority's newly established program.

Abilene will continue operating through Tuesday, January 27, the company said, maintaining its commitment to safe, reliable, and professional service as resources transition to Swift.

Abilene Motor Express folding into Swift Transportation

Partnerships with MC Tank Lines and Leahy Transport brings the Quantix network to more than 70 locations.

Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport

Koch said their Strategic acquisition of SOS to accelerates growth, expands reach, and bolsters geographic and industry-specific offerings for Koch Logistics & Warehousing.

Koch doubles its nationwide square footage with SOS acquisition

4 Tips for Improving Fleet Cybersecurity

4 Tips for Improving Fleet Cybersecurity

Get all the info on the top 250 trucking companies in America

View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.

Selling PMs: The Book