Preparing for the Winter Months in Trucking

Since March of 2020, truck drivers have been recognized as crucial frontline workers. As we continue to work our way through this on-going global pandemic and an increase in online shopping, truck drivers will still need to get products to their destinations on time. Winter storms can slow this process, affecting road and driving conditions. […]

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Oil at Six-Year High

Today, West Texas Intermediate crude futures traded as high as $76.98, the highest price per barrel since November 2014.  On Monday, news of OPEC+ not increasing oil production hit the news.  OPEC+ cut production by nearly 10 million barrels a day, in April 2020 to support lower demand from the pandemic.  OPEC+ has been meeting […]

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Truck Rates Still Holding Strong

Truck freight rates are still high in the United States for flatbeds, vans and reefer freights. Shippers have been paying a premium for several reasons. According to Fleet Owner, “shippers not only experienced escalating spot and contract rates in July but they were also hammered by port congestion, unloading delays, shortages of trucks and drivers, […]

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Other Variables Affecting the Driver Shortage

Truck driver turnover rates generally are higher for over-the-road fleets than local trucking companies. According to American Trucking Associations Chief Economist Bob Costello, “Large for-hire truckload driver turnover rates were 90% for OTR operations and 20% for local operations in 2020. He identified various factors that are exacerbating the driver shortage, ranging from lifestyle issues […]

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The Weather’s Impact on The Trucking Industry

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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A Used Truck is How Much?

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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Driver Shortage… A global problem!

Before the COVID-19 Pandemic, many companies were faced with a shortage of CDL drivers. With layoffs and unemployment at a record high, it is logical to think that there would be a lot more people stepping in to fill the truck driver shortage. However, going into 2021 that is not the case and the industry […]

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