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How the Freight Market Trough Defined 2024

“Trucking is now in the longest and deepest freight down cycle since the 2007 global financial crisis,” said C.H. Robinson's Michael Castagnetto. ATA data shows tonnage climbing slowly.

December 16, 2024

Tanker Rates Hit by OPEC+ Delays, Weak China Demand

The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.

December 16, 2024

Fleets Navigate the Challenges of Driver Acceptance of ADAS

Trucking experts say getting drivers to buy in toadvanced driver assistance systems technology is key to making sure it is being correctly used.

December 13, 2024

Volvo Autonomous Solutions, DHL Hit the Road Together

Volvo Autonomous Solutions’ factory-built VNL Autonomous Class 8 tractors hit the road for the first time as part of a commercial operation Dec. 4, hauling freight for DHL Supply Chain.

December 12, 2024

Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals

Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.

December 12, 2024

DHL Sees Holiday Season Returning to Historical Norms

The DHL 2024 Peak Season Shipping Survey revealed Nov. 19 that 48% of small and medium-sized enterprises expect a year-over-year increase in holiday sales.

December 12, 2024

Trucking, Logistics Experience Another Strong Holiday Season

The National Retail Federation reported that a near-record 197 million people shopped between Thanksgiving and Cyber Monday.

December 12, 2024

Trucking: Demand and Capacity Edge Closer to Equilibrium

The trucking sector is nearing balance as freight demand rises and capacity tightens, according to ACT Research Co.'s latest indices. Story by Connor D. Wolf.

December 11, 2024

Arizona City Gifts Land for New Cross-Border Trucking Port

The existing port — which is 5 miles away and expanded 27 years ago from the original one built in 1933 — can no longer handle today’s traffic and commercial vehicle inspection demands.

December 10, 2024