01 Nov 2023

Trucking Industry Loses $94.6 Billion to Congestion in 2021

Truckers lost $94.6 billion to congestion in 2021, up from $74.5 billion in 2016, according to a new report by the American Transportation Research Institute (ATRI). The report found that congestion costs the trucking industry in a number of ways, including: Increased driver compensation Higher fuel costs Increased repair and maintenance costs Supply chain disruptions […]

Read More
01 Aug 2023

Third largest LTL carrier Yellow is preparing to file for bankruptcy.

    Yellow, the third-largest U.S. less-than-truckload (LTL) provider, is preparing to file for bankruptcy, according to The Wall Street Journal and other news outlets. The company has been struggling for some time with debts of $1.3 billion and declining revenues and reserves. Yellow Logistics, the company’s 3PL, is up for sale and Yellow is […]

Read More
21 Feb 2023

A Bleak Evaluation of the US Trucking and Shipping Market

  According to Uber Freight’s first-quarter update on global freight markets, trucking operators are expected to face unfavorable market conditions in the first half of 2023. The truckload supply has exceeded demand, which is attributed to decreased imports and lower consumer spending. The market weakness is likely to continue due to a broad-based volume recession, […]

Read More
11 Dec 2022

Clogged Warehouses And Rail Delays Signal New Supply Chain Woes

  Public attention has waned two years into the crisis that disrupted global supply chains, giving the impression that everything is back to normal. On the ground, the US’s busiest port complex is still battling bottlenecks across the board. Responsible for 42% of all containerized trade with Asia, the US’s largest hubs of Los Angeles […]

Read More
25 Apr 2022

Cooling of U.S. Truckload Rates may be ‘Delayed Seasonality’

  Truckload rates for U.S. spot market loads has cooled in the last three months. The market correction in trucking is currently limited to dry-van and temperature-controlled truckload, while demand and rates remain elevated for flatbed, less-than-truckload (LTL), and last-mile and parcel freight. Donald Broughton, transportation analyst and principal of Broughton Capital, said there is […]

Read More