The pandemic has created an exigency for on-demand strategies from both consumers and businesses. The trucking industry is no exception, especially as technological advances ensue. In response to the future of on-demand trucking, Jim Monkmeyer of DHL Supply Chain North America says, “[T]here is an opportunity to match drivers, equipment and capacity in the market
The most recent edition of the Trucking Conditions Index (TCI), which was recently issues by freight transportation consultancy FTR, pointed to an uptick. According to FTR, a TCI reading above zero represents an adequate trucking environment, with readings above 10 indicating that volumes, prices and margin are in a good range for carriers. For December,
Top trucking executives are breathing a sigh of relief after a California judge recently issued an injunction against Assembly Bill 5 (AB5), a law governing owner-operators that potentially could be very disruptive to trucking operations in the nation’s most populous state. Truck drivers are divided on AB5, a California law that limits when workers can
Analyst insight: Latin America offers great opportunities for global businesses, but poor infrastructure and the region’s volatile nature have restricted growth. Technology can help solve inefficiencies, increase profits and stimulate growth. Despite years of government and private investment in Latin America, not one country makes the World Bank’s top 25% in logistic performance. Poor infrastructure
The most recent edition of the Trucking Conditions Index (TCI), which was recently issues by freight transportation consultancy FTR, showed that market conditions remain in a holding pattern, of sorts. According to FTR, a TCI reading above zero represents an adequate trucking environment, with readings above 10 indicating that volumes, prices and margin are in