With a lot of market uncertainty right now because of the COVID-19 delta variant, some great news came from Boeing today reporting their first positive quarter in over a year. In the second quarter of 2020, they had a net loss of $2.96 billion. This year’s second quarter Boeing reported a profit of $567 million. […]
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Every year across America truckers and the trucking industry face countless struggles. One of the most overlooked issues that the trucking industry faces is the constant changing of the weather. Over the past couple of months there have been snowstorms in the Texas and California causing roads to shut down. There have also been hurricanes […]
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The week of July 11 through July 17 is Commercial Vehicle Safety Alliance’s (CVSA) Operation Safe Driver Week. During this time, law enforcement will be pulling over and giving citations to drivers of commercial motor vehicles and passenger vehicles violating the rules of the road, including speeding and unsafe driving behaviors. This is in an […]
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As the summer heats up, the question remains, will Americans eventually return to the office? And will the rush hour gas demand return? According to Gallup, in April 2020 70% of Americans worked remotely. As of June of 2021, the number decreased to 56% of Americans working remote. According to a study by LaSalle Network, […]
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Freight rates are booming, and new truck production constraints means that truckers are looking at low mile used trucks to take on the road. According to an article from Freight Waves, “New truck production, beset by shortages of microchips that power critical vehicle functions, and through-the-roof commodity prices, is only beginning to recover but manufacturers […]
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As President Biden unveiled his infrastructure plan in Pittsburgh yesterday, it kicked off the first step in what is estimated to be a months-long negotiation with Congress. The American Society of Civil Engineers estimates that approximately $2.6 trillion dollars is needed to restore America’s infrastructure over the next decade. Biden’s plan, called the “American Jobs […]
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There have been consistent whispers during the Trump Campaign of a national infrastructure deal just around the corner. While the whispers persist, there has not been any strong progression towards improving the national infrastructure. Multiple attempts have been made, but they have all fallen apart due to disagreement on the cost associated, where the cash […]
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After unprecedented gains in 2020, which were overshadowed by COVID-19, many in the trucking industry are excited about the outlook for 2021. The trucking industry expects to see an increase in sectors such as final-mile delivery, contracting, home improvement, and overall E-commerce. The American Trucking Associations, Chief Economist Bob Costello says, “I think freight will […]
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Tis the season for winter weather and this week we are experiencing the full effects of winter storm Gail, marching up the east coast. Many from Washington D.C., Maryland, Virginia, West Virginia and Pennsylvania have all felt these effects which includes slick road conditions and delayed travel.
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Canada has an emphasis on minimizing their carbon footprint. Recently they committed to $20 million for the construction and distribution of small modular nuclear power plants. These single, small, modular power plants would be able to produce up to 300MWe (megawatt of electric capacity). For reference, that would be enough to power 150K to 200K […]
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