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Woman’s career in trucking

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Evelyn Vincenzo kicked off her driving woman’s career in 1987. Whenever she can, she encourages women to seriously consider a woman’s career in trucking. At age 64, Evelyn Vincenzo is a Westfield, Massachusetts-based warehouse CDL shuttle driver, who brings freight warehoused at A. Duie Pyle facilities to customer accounts in various locations throughout New England. In 1987, Vincenzo sought a career in trucking.

Woman’s career

The trucking industry and truck driving provided a monetary incentive over the career path she had chosen out. “From the time I was a truck driver’s daughter, caught up in the mystery of the big truck parked outside my window, purring with the sound of the refrigerated unit running, I knew I wanted to drive.Read More

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Hours of service

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Industry that follows a time-based schedule, hours-of-service rules are like putting a circle where a square should be. ELD data shows that drivers need more flexibility. FMCSA officials revealed that they were unable to determine the safety impacts of electronic logging devices. ELDs are used to track adherence to hours-of-service regulations.Read More

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Freight cycle

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Forecast by ACT Research and other reports from DAT Freight & Analytics and FTR Transportation Intelligence still show slow markets, but an upside might be around the corner. A new outlook from ACT Research plus various recent reports on the spot and contract markets paint a picture of freight-hauling still in a down cycle that nevertheless stands a chance of recovering soon.

Spot rates rose in May, but strong new equipment production will slow the ascent initially. Class 8 backlogs are sufficient for a while but are starting to dwindle as order activity has declined with industry profitability. That spot rates have largely held onto the gains when inspections and out-of-service citations took freight-carrying capacity off the roads] suggests the freight market is close to the elusive balance, but the rebalancing so far has been mainly on the labor side.Read More

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Rate recovery

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If supply falls further and peak season brings a bump there will be ‘an opportunity for rate recovery. Even possibly robust fourth quarter’ of 2023. The trucking sector is likely to see a measured recovery from its current downturn rather than a quick snap back. Spot rates have been flat—and “scraping the bottom”—for nearly two months. Showing that there will be no V-shaped freight recovery in 2023.Read More

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Recovering Freight volumes

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While conditions remain loose, the seeds have been sown for a rebalancing, which expects rate trends to recover. Recovering freight volumes, rates, and capacity continue to decline as unfavorable fleet conditions persist.

Inflation, while showing tentative improvement, continues to impact consumer spending power. The slow start produce season may also be a headwind.” While the broader economy continues to surprise and thus far stave off an expected recession, the freight economy is starkly different.Read More

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Fleet operations

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A Samsara survey of physical operations leaders from fleets  sustainable marketplace. Fleet technology company  has released a report indicating that corporations worldwide are preparing for a major shift in the workplace. Despite historically high fuel prices and inflation, and 42% of respondents being concerned about a recession. Fleet managers and drivers who use AI-enabled dashcams may understand the potential the technology has to coach employees. Using the tool to identify trends and driver habits that can negatively impact safety.

In many of the conversations about the move to electric vehicles, the subjects of collaboration and cooperation come up. Those entities working to speed the adoption of electric vehicles say it will take a joint effort between fleets, utilities, charger manufacturers, government agencies, and more.

I suspect they are correct in their assessment. But the reality is collaboration should be a core value of everyone involved in the trucking industry. It should also be critical to how we operate inside our own businesses. Some problems we face are best solved by pooling resources from across the industry.

And I think the trucking industry has a history of working together to solve really tough problems. Many companies already seem to see the writing on the wall asemissions regulations tighten, with most businesses already incorporating electric vehicles into their fleets, and most planning to monetize a coming market that could reward those organizations with sustainability on mind.

BULTRANS
YOUR LOCAL RELIABLE CHOICE FOR YOUR FREIGHT SHIPPING NEEDS

WE UNDERSTAND HOW IMPORTANT RELIABILITY, AFFORDABILITY AND ACCURACY ARE WHEN IT COMES TO SHIPPING YOUR FREIGHT.
Our professional logistics team has proven track record of providing exactly that.
By choosing BULTRANS you ensure you have a truck showing up on time with professional and safe driver behind the wheel who will deliver you cargo anywhere in the country.
Do not hesitate to reach us via email: contact@bultransllc.com or feel free to call us at: (281)688-4266

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Operating authorities

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Small operators have borne the brunt in 2023, and analysts blame bad spot rates and pricey fuel, but the losses have leaked to larger fleets of 100 trucks or more. However, this hasn’t yet put much of a dent in the huge 2020-2022 carrier surge. The tumbling freight spot market and historically high fuel prices are teaming up to push more small fleets. Watching “revocations” of operating authorities with the Federal Motor Carrier Safety Administration indicates how volatile the trucking business has been since COVID-19 transformed the industry.Read More

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Leasing trucks

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The decision to own, rent, or leasing trucks is not an all-or-nothing choice. Each option can have a place in your fleet, and you may use all three as trucking transitions to alternative fuels. This is unlikely to change as we move into a future when there will be many more options for powering vehicles.

Given the myriad choices of powertrain options available for all duty cycles—battery-electric, hydrogen fuel cell, hydrogen internal combustion, renewable diesel, biodiesel, compressed natural gas, liquified natural gas, and traditional diesel and gasoline power—it makes a great deal of sense to switch from ownership to leasing.

No one knows with any degree of certainty what the maintenance requirements will be for these new alternative-fuel vehicles, but we do know it’s going to require a different technician skill set to maintain and repair them.

When you opt for full-service leasing, the lessor takes on the responsibility for the maintenance and repair of the asset and you pay a set fee each month. This option also removes the burden of having to find technicians who are properly trained to work on these new vehicles. Given the current technician shortage, finding and training techs can be a time-consuming task. Buying an asset outright might make sense in some scenarios, especially if you plan to keep an asset for an extended period of time.

In addition, if you want to try a new technology before you buy it, a short-term rental makes sense so you can see how the technology performs in your operation. Opting for a short-term rental allows you to check out how manufacturer claims about a product stack up in your real-world operating environment.

BULTRANS
YOUR LOCAL RELIABLE CHOICE FOR YOUR FREIGHT SHIPPING NEEDS

WE UNDERSTAND HOW IMPORTANT RELIABILITY, AFFORDABILITY AND ACCURACY ARE WHEN IT COMES TO SHIPPING YOUR FREIGHT.
Our professional logistics team has proven track record of providing exactly that.
By choosing BULTRANS you ensure you have a truck showing up on time with professional and safe driver behind the wheel who will deliver you cargo anywhere in the country.
Do not hesitate to reach us via email: contact@bultransllc.com or feel free to call us at: (281)688-4266

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Freight volumes

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Rebalancing. That’s the word being tossed around by trucking industry analysts and economists when discussing the current freight volumes and market. The term applies to the cyclical dance between the shippers who provide the freight and the trucking industry that hauls it.

Freight volumes

There are too many trucks for the available freight. The competition for loads is very high. Fuel prices are transitioning from an inflationary factor to a deflationary one as we pass the anniversary of the fuel price spikes that followed Russia’s invasion of Ukraine. Soft real retail sales trends and ongoing destocking remain the primary headwinds to freight volumes, and sharp import declines suggest this type of environment will persist for some time.

Destocking is the process retailers use to match inventory levels to current sales rates. If a retailer is selling less of a product, it needs a smaller inventory to support sales. When consumers aren’t buying, retailers don’t order replacements — and shipment numbers drop. While contract rates are falling, they haven’t yet fallen to spot rate levels, as truckers who depend on brokered freight can readily attest. The solution to lower rates is in the “rebalancing” mentioned at the beginning of this article.

For rates to rise, shipment numbers must come up. The pendulum of pricing power has been firmly with shippers for some time, and the cudgel of lower rates is starting to impact capacity. Though new equipment production remains elevated, hiring and fleet exit trends tell us capacity is slowing at the margin. Most of the experts are looking to the third quarter for the freight recession to end.

BULTRANS
YOUR LOCAL RELIABLE CHOICE FOR YOUR FREIGHT SHIPPING NEEDS

WE UNDERSTAND HOW IMPORTANT RELIABILITY, AFFORDABILITY AND ACCURACY ARE WHEN IT COMES TO SHIPPING YOUR FREIGHT.
Our professional logistics team has proven track record of providing exactly that.
By choosing BULTRANS you ensure you have a truck showing up on time with professional and safe driver behind the wheel who will deliver you cargo anywhere in the country.
Do not hesitate to reach us via email: contact@bultransllc.com or feel free to call us at: (281)688-4266

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Owner-operators

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Parts availability and prices are among the biggest problems facing independent drivers. Inflation is pushing owner-operators to readjust routes and loads. With economic pressures including record inflation, still-high diesel prices, and volatile freight markets hurting the bottom line of even the largest carriers, owner-operators are having to stay on their toes as they navigate the winding roads of an uncertain second quarter. Most of the owner-operators have booked shorter routes due to rising costs while the rest have looked for lighter loads.Read More

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