LATEST TRUCKING NEWS
From Horizon Insurance Services
Tow & Refrigerated Truck Drivers
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3 Truck Trends to Watch for in 2023
Technology in the trucking industry is my specialty. Not legislation or economic issues. But I still think this is an important topic to keep in mind next year – and one with definite implications for the tech side of trucking’s picture.
CES Attendees Focus on Customer Meetings, Transportation Technology Partnerships
At CES 2023, transportation companies met with customers to discuss possible partnerships and spark innovation, while industry leaders explored possible partnership opportunities.
For the fourth consecutive year, Ryder System has been present at CES to speak to attendees and customers about logistics challenges and emerging technologies.
Step-by-step air brake inspection
Both spot and contract rates are likely to ring in the New Year on the same slope, with the spread between the two narrowing.
Average spot and contract van rates were virtually equal in February, but the gap between spot and contract van rates reached an all-time high in November: 69 cents, according to DAT. It started to close in December.
FMCSA proposing new broker, freight forwarder financial responsibility regs
Several Congressionally-requested regulations for brokers and freight forwarders that will help motor carriers protect themselves in the event of non-payment will be published by the Federal Motor Carrier Safety Administration on Thursday. The proposals will include the suspension of a broker’s authority immediately in the event of non-payment.
Cooling demand, recession concerns kick off 2023, though trucking can expect gains
Trucking is experiencing a historically quiet season for imports and consumer demand at the start of a new year because of high fuel and equipment prices, labor concerns, shipping rates, inflation, and talks of a recession. Since these headwinds linger, carriers are likely to worry about a decline in rates due to an oversupply of capacity from 2021 in the first quarter.
DECEMBER 2022 CASE STUDIES
4-UNIT ACCOUNTRENO, NV
2-UNIT ACCOUNTCHARLOTTE,NC
5-UNIT ACCOUNT
FORT LAUDERDALE, FL
FORT LAUDERDALE, FL
3-UNIT ACCOUNT
DAYTON, OH
DAYTON, OH