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XPO Logistics expands free benefits for new parents, expectant mothers

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Participants can consult with practitioners over the phone, through video chats or via private messaging. They can also sign up with a personal care coordinator who advocates for them throughout their experience, coordinating support during their pregnancy, postpartum and return to work. (Courtesy: XPO LOGISTICS)

GREENWICH, Conn.  —  XPO Logistics, a global provider of transportation and logistics solutions, is now offering free, comprehensive supplemental care for new parents and expectant mothers.

The company said in a news release that the new service would expand XPO’s “commitment to providing high-quality care for women and working families.”

Through a partnership with Maven Clinic, a virtual network of expert healthcare practitioners, new parents and expectant mothers gain additional support services that complement their regular medical care, the release said.

Josephine Berisha, senior vice president, compensation and benefits at XPO Logistics, said the company is setting the standard in its industry by offering this comprehensive supplemental health care coverage for employees.

The announcement follows the company’s introduction of a new, comprehensive pregnancy care accommodation policy and family leave policy earlier this year, she said.

Through a mobile app, the new program offers XPO’s U.S. employees and their families the convenience of on-demand access — anytime, anywhere – to a custom network of more than 1,400 highly-vetted health practitioners across 20 specialties, including fertility, lactation, infant sleep, nutrition, mental health and more.

Participants can consult with practitioners over the phone, through video chats or via private messaging. They can also sign up with a personal care coordinator who advocates for them throughout their experience, coordinating support during their pregnancy, postpartum and return to work.

“This virtual clinic gives our employees 24/7, on-demand access to an array of the services that women and their families seek most during and after pregnancy,” Berisha said. “These services complement our existing suite of US medical plans and are free to all employees. Expert digital healthcare is an important additional convenience for new parents, especially working mothers who are balancing the demands of home and work.”

Employees enrolled in an XPO medical plan can access these services at any time during a pregnancy and up to six months postpartum at no cost.

These services extend to expectant parents during the surrogacy or adoption process and to women who experience a loss of pregnancy.

Additionally, employees interested in fertility treatments or egg freezing can receive discounts on services and up to six months of support from specialists for certain services.

XPO Logistics is a top 10 global logistics provider of supply chain solutions. The company operates as an integrated network of people, technology and physical assets in 32 countries, with 1,529 locations and more than 98,000 employees.

Maven is a leading women’s and family healthcare company. Maven promotes women’s health, family planning, and diversity in the workforce by making it easier for parents to plan a family while growing their careers. Maven was founded in 2014 and offers holistic healthcare through a virtual clinic including personal care coordinators, on-demand access to a custom network of women’s and family health providers in over 20 specialties, a supportive community and expert content.

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ACT Research: Heavy duty markets at the edge of the precipice

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This graph by ACT Research shows freight growth will decline in 2020 and 2021 before accelerating in 2022, Class 8 truck productivity will remain in the negative through 2022 but will become less each year. (Courtesy: ACT RESEARCH)

COLUMBUS, Ind.  – According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, current data and anecdotes make a strong case that the heavy-duty vehicle markets are at the edge of the precipice.

“Since the start of this demand up-cycle in late 2017, we have targeted this year’s third quarter as the point at which the industry was likely to see production rollover,” said Kenny Vieth, ACT’s president and senior analyst. “That targeting was largely derived from historical precedent, with historical peak-level build lasting between 13 and 15 months. For the current cycle, we date peak build rates to June 2018, so August represents the 15th month of peak-level production.”

Regarding heavy vehicle demand, Vieth said, “At the heart of our cycle duration prediction, carrier profitability and production peaks always lag the freight cycle, so capacity building always accelerates relative to freight growth at exactly the wrong time, every time.

“Large new inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains the right call, and we are warning those in the industry to be prepared for down weeks starting as early as fourth quarter.”

ACT Research is a publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasting services for the North American and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies.

More information can be found at www.actresearch.net.

 

 

 

 

 

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FTR’s June Trucking Conditions Index up slightly but still negative

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An FTR executive said although rates remain weak for carriers, they appear at least to be stabilizing. (The Trucker file photo)

BLOOMINGTON, Ind. — FTR’s revised Trucking Conditions Index (TCI) showed a significant improvement in June but remained in slightly negative territory at a reading of -0.82, according to FTR.

Strengthening freight demand and lower diesel prices were offset by weak truckload rates and easing capacity utilization plus some higher financing costs that negatively affected carriers during the month.

FTR’s forecast for the TCI is for it to remain in low single-digit negative range into 2020, but some positive readings are possible during 2019.

Details of the revised TCI for June are found in the August issue of FTR’s Trucking Update, published July 31. The ‘Notes by the Dashboard Light’ section in the current issue explains how FTR’s July 2019 Freight•cast model update affects key FTR metrics on the trucking industry, including the TCI. Along with the TCI and ‘Notes by the Dashboard Light,’ the Trucking Update includes data and analysis on load volumes, the capacity environment, rates, costs and the truck driver situation.

“Although rates remain weak for carriers, they appear at least to be stabilizing,” said  Avery Vise, vice president of trucking. “Meanwhile, freight demand appears firmer in recent weeks than in early spring, but the outlook is far from rosy given a softening industrial sector. Our biggest near-term concern, however, is the potential impact of the trade war with China on consumer spending and business investment.”

The TCI tracks the changes representing five major conditions in the U.S. truck market. These conditions are freight volumes, freight rates, fleet capacity, fuel price, and financing. The individual metrics are combined into a single index indicating the industry’s overall health. A positive score represents good, optimistic conditions. Conversely, a negative score represents bad, pessimistic conditions. Readings near zero are consistent with a neutral operating environment, and double-digit readings (up or down) suggest significant operating changes are likely.

As noted, FTR in July completed a major update of its Freight•cast model, including both updated data and enhancements to the methodology. FTR traditionally has treated the TCI as a contemporaneous assessment of overall conditions at a point in time, so we have made very few changes to historical TCI readings. However, given the noticeably different freight volume and utilization metrics following the model update – especially during 2014 through today – we have restated the TCI back to January 2014. The historical revisions also reflect a more robust measure of market rates that FTR adopted in the spring of 2018. Directionally, the old and new TCI are largely correlated since mid-2016, but the updated TCI shows peak conditions occurring earlier in 2018 than the prior metric. Moreover, that peak range was not as strong and was shorter than previously indicated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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MVT Solutions offers no cost fuel efficiency reports

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Fleets currently relying on MVTS results include Hirschbach Motor Lines, Penske Truck Leasing, Nussbaum Transportation, Mesilla Valley Transportation, C.R. England and Charger Logistics. (Courtesy: MVT SOLUTIONS)

LAS CRUCES, N.M. — MVT Solutions, a provider of fuel economy testing and design and development services for the trucking industry, Thursday said that the test reports for its Certified Products are now available on a no-cost subscription basis.

“Receiving MVTS Certification is a mark of fuel efficiency excellence for a product and we feel strongly that the industry should have that information and the supporting test data in a timely manner and at no cost,” said Daryl Bear, lead engineer & COO at MVT Solutions. “In addition, the suppliers of the certified products have confidence that their results are being delivered by a trusted source to companies that are interested in their technologies.”

While MVT Solutions Certified Products’ Test Reports with the detailed test data on the latest fuel efficiency solutions for transportation companies are posted on the company’s website, the new subscription service ensures results are delivered automatically as soon as they are available giving fleets the ability to have the most up-to-date information, Bear said, adding that fleets currently relying on MVTS results include Hirschbach Motor Lines, Penske Truck Leasing, Nussbaum Transportation, Mesilla Valley Transportation, C.R. England and Charger Logistics.

Certified fuel economy testing by MVT Solutions was developed from race car engineering and advanced vehicle test methods using sensors and recording systems that collect data on fuel consumption, aerodynamics, rolling resistance, driver behavior and other variables that affect fuel consumption. The data is analyzed using proprietary methods.

Subscribing can be done via the MVT Solutions website or by following the company on LinkedIn.

MVT Solutions test reports for custom and developmental testing done for fleets or suppliers are released only with the permission of the company and are not part of the subscription service.

 

 

 

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