‘Things are great’ for the trucking and transportation economy so far in 2021 and look to keep growing the rest of the year, according to FTR’s Don Ake. The only thing holding back freight is truck ...
Deal flow was heavy in the trucking industry during 2021. Most players in the space have seen multiple quarters of record earnings and cash flows. Whether it was looking for a place to put newfound ...
The trucking industry will look back on 2021 as a year of important victories for infrastructure improvement and workforce development, and now can look ahead to the opportunities those victories ...
Traffic congestion on U.S. highways added $94.6 billion in costs to the trucking industry in 2021, according to the latest Cost of Congestion study published by the American Transportation Research ...
Though fuel saw the single largest jump in expense (a 35.4% increase to 41.7 cents per mile), nearly every other line-item cost center also grew or remained constant. Even when fuel costs are removed, ...
Demand for trucks and trailers has been robust since orders bottomed out during the first months of the pandemic last year. Yet by mid-2021 orders were constrained, as most OEMs had few open build ...
The cost of trucking in 2021 increased to its highest level in the 15-year history of the American Transportation Research Institute’s annual Operational Costs of Trucking research – almost $1.86 per ...
[Stay on top of transportation news: Get TTNews in your inbox.] Snarled traffic on U.S. highways added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according ...
Nearly 44% of the 16,000 truck driving programs listed nationwide by the government may be forced to close if they lose their ...
The overall U.S. economy closed out 2021 in emphatic fashion—but not nearly as strong as the trucking industry wrapped up the year. The freight industry shows few signs of slowing down this year.
Everything the Trump administration has done this year to strengthen and enforce the standards for truck drivers and the ...
Building a trucking company from scratch is no easy task and requires a lot of dedication, time and effort. You must be thoroughly educated about the current demands of the industry and build your ...