White Paper: Cautious optimism – industry expectations for 2023
The transportation industry experienced a freight frenzy like no other last year. Following one of the most disruptive years in economic history, 2021 proved to be the rebound that the…
Fuel cell truck maker Hyzon Motors increases risk of Nasdaq delisting
Hydrogen fuel cell truck maker Hyzon Motors, subject of a Securities and Exchange Commission investigation, missed filing its third-quarter financial report, putting its stock at greater risk of being delisted…
Freight demand has not found the floor
Chart of the Week: Outbound Tender Volume Index, Outbound Loaded Rail Containers, Inbound Ocean TEUs Index – USA SONAR: OTVI.USA, ORAILL.USA, IOTI.USA Container imports, rail intermodal shipments and truckload demand have fallen from…
Tractor-trailer carjacking on I-5 In Washington ends in crash
Police in Washington continue to investigate the carjacking of a tractor-trailer that occurred Friday afternoon on Interstate 5 in Olympia.Reports in the media say a pedestrian carjacked the rig, struck…
RFP season a good time to focus on costs as much as rates
Rates are going down and operating expenses are going up, creating a perfect storm for motor carriers of all sizes, but an expansion of operating costs hits smaller carriers especially hard. Joining Jason…
Two Houston-based carriers shut down by FMCSA
The Federal Motor Carrier Safety Administration has effectively shut down two related motor carriers based in the Houston, Texas, area after numerous safety violations were discovered, the agency reported.PAC Express…
FMCSA shuts down 2 related Texas carriers
A Houston-based trucking company that was put out of business for safety violations but reportedly tried resurrecting itself under a different name has been ordered to cease operating, the Federal…
Chaos theory: How tankers thrive amid energy crisis and war
Global crises and geopolitical chaos are bad for most businesses. Not so in industries like defense and energy shipping. Go to a commodity shipping conference in troubled times and you’ll…
Used truck prices fall as OEM supply chain clears
The trend is clear. Used truck prices continue to fall across almost all years and models as new truck manufacturers gain an upper hand over supply chain disruptions. So, those…
CargoLogicAir, casualty of Russia sanctions, faces liquidation
CargoLogicAir, the U.K.-based all-cargo airline affiliated with Russia’s Volga-Dnepr Group, appears to be officially going out of business, collateral damage from the invasion of Ukraine. The airline, which flew two…
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