Van spot rates in Truckstop’s system soften as winter weather subsides
BLOOMINGTON, Ind. — Warmer temperatures and calmer weather relieved the pressure that had fueled spot rates during the prior week. Broker-posted spot rates for van
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ACT Research: Will tightening capacity turn truckload rate cycle higher in ’24?
COLUMBUS, Ind. — Officials at ACT Research say their latest For-Hire Trucking Index reflects a “gradually-recovering freight market.” The Supply-Demand Balance tightened by 2.2 points
FMCSA signals May as target date for speed limiter mandate notice
WASHINGTON — The Federal Motor Carrier Safety Administration (FMCSA) intends to proceed with a motor carrier-based speed limiter mandate by preparing a supplemental notice of
Ruan’s Jeff Harpole promoted to executive vice president
DES MOINES, Iowa — Ruan Transportation Management Systems has announced the promotion of Jeff Harpole to executive vice president. Harpole is currently the senior vice
Great Dane appoints new EVP of manufacturing
SAVANNAH, Ga. — Great Dane has announced the appointment of William (Bill) Davidson as its new executive vice president of manufacturing. “We are excited to
C.H. Robinson doubles scholarship fund amount for carriers
EDEN PRAIRIE, Minn. — C.H. Robinson is doubling the dollar amount of the scholarships it gives away each year. In a recent announcement, the C.H.
Forward Air finalizes Omni Logistics acquisition
GREENEVILLE, Tenn. — Forward Air Corporation officials say the company has completed the acquisition of Omni Logistics. “Together, Forward and Omni will create a category
Love’s focusing on ‘innovation, growth and top talent’ in 60th year
OKLAHOMA CITY — Love’s Travel Stops officials say they are celebrating the company’s 60th anniversary “by strengthening its commitment to getting customers back on the
PGT Trucking set to open 2 new terminals in ’24
ALIQUIPPA, Pa. — PGT Trucking Inc., a multi-service transportation firm offering flatbed, dedicated, international and specialized services, will open two new operations facilities by Q2
NationaLease promotes Jane Clark to senior VP of operations
WILMINGTON, Del. — NationaLease, one of the largest full-service truck leasing organizations in North America, has promoted Jane Clark to senior vice president of operations.
ProvisionAI adds Robert Scheckman as chief revenue officer
FRANKLIN, Tenn. — Supply chain firm ProvisionAI has announced its selection of Robert Scheckman as the company’s new chief revenue officer. In his new position,
Truckstop joins the fight against human trafficking
BOISE, Idaho — In recognition of National Human Trafficking Awareness Month, Truckstop is a charitable donation to Truckers Against Trafficking (TAT), a nonprofit organization that
Why do attorneys get away with filing frivolous lawsuits?
Let’s get this out of the way up front: Nobody likes lawyers. I get that. I really do. I ‘m a lawyer myself, and I
PACCAR reports record revenues of $35B, net income of $5B in 2023
BELLEVUE, Wash. — PACCAR achieved record-breaking annual revenues and net income for 2023, said company CEO Preston Feight in a Jan. 23, 2024, release. PACCAR
ATA tonnage index shows 2023 as ‘worst year since 2020’
WASHINGTON — While the American Trucking Associations’ For-Hire Truck Tonnage Index rose slightly in December 2023, the year overall saw a drop of 1.7% for the
J.B. Hunt expands board to 10 members
LOWELL, Ark. — J.B. Hunt Transport Services Inc. has announced that Patrick Ottensmeyer is the newest member of its Board of Directors. This appointment has
End of 2023 saw seasonally weak Class 8 tractor orders
COLUMBUS, Ind. — Final December Class 8 net orders, at 26,352 units, were down 14% year-over-year. Within that top line, tractor orders were down 31%,
Spot rates soar as winter slams the nation
BLOOMINGTON, Ind. — Extreme cold and other severe winter conditions likely were the cause of a jump in broker-posted rates in the Truckstop system during
Better times could be ahead for freight volumes, rates in 2024
At last, after months of “bouncing along the bottom,” the various forecasters and analysts are providing a bit of better news about the prospects for
DAT adds 2 to leadership team
BEAVERTON, Ore. — DAT Freight & Analytics (DAT) announced the appointment of two new leaders for its product and security organizations. Jeff Clementz has been