News
Fleet maintenance
Maintenance and repair costs rise, but rate of increase slows despite headwinds, fleet maintenance operations continue to offset increases. Parts and labor cost data indicate that significant cost challenges continue to impact fleets through 2023.
Freight volume
Finding the best lanes doesn’t require a crystal ball—the process is just different now than before COVID-19 and requires better communication and coordination between shippers and carriers. The only thing predictable with the freight market today seems to be its unpredictability. Before COVID-19, there was some ability to foresee highs and lows in freight volume […]
Wabash set higher bars
Wabash set higher bars across the board in Q4. They have revenue of $657.4 million. Operating income of $57.7 million with operating margin of 8.8%. Earnings per diluted share of 84 cents. Record backlog of $3.4 billion, up 46% compared to Q3 and 34% above December 2021. For the full year of 2022, revenue totaled […]
Cargo theft
As cargo theft continues to rise, experts advise on prevention and spotting fraud. The latest data Shows 2022 was a peak in a long trend of increased cargo theft. Thefts using fraudulent identities, in particular, are on the rise, as are thefts in eastern states. Shippers and carriers should be vigilant as new data shows […]
Inflation affecting trucking.
Slowing inflation means the Federal Reserve will slow down its pace of interest rate increases that it implemented to slow the overheated economy. A little over a year ago, the narrative from policy makers was that inflation was “transitory” and nothing to be so concerned about. Then supply chain issues deteriorated, a war broke out […]
Economy
After contracting in 2022, the economy is growing again as employment remains consistent and consumers keep spending despite inflation concerns. The overall U.S. economy might not be as bound for a recession in 2023 as the mainstream media has warned much of this year. But the freight economy might have to start the new year […]
Fleet maintenance
Maintenance and repair costs rise, but rate of increase slows despite headwinds, fleet maintenance operations continue to offset increases. Parts and labor cost data indicate that significant cost challenges continue to impact fleets through 2023.
Freight volume
Finding the best lanes doesn’t require a crystal ball—the process is just different now than before COVID-19 and requires better communication and coordination between shippers and carriers. The only thing predictable with the freight market today seems to be its unpredictability. Before COVID-19, there was some ability to foresee highs and lows in freight volume […]
Wabash set higher bars
Wabash set higher bars across the board in Q4. They have revenue of $657.4 million. Operating income of $57.7 million with operating margin of 8.8%. Earnings per diluted share of 84 cents. Record backlog of $3.4 billion, up 46% compared to Q3 and 34% above December 2021. For the full year of 2022, revenue totaled […]
Cargo theft
As cargo theft continues to rise, experts advise on prevention and spotting fraud. The latest data Shows 2022 was a peak in a long trend of increased cargo theft. Thefts using fraudulent identities, in particular, are on the rise, as are thefts in eastern states. Shippers and carriers should be vigilant as new data shows […]
Inflation affecting trucking.
Slowing inflation means the Federal Reserve will slow down its pace of interest rate increases that it implemented to slow the overheated economy. A little over a year ago, the narrative from policy makers was that inflation was “transitory” and nothing to be so concerned about. Then supply chain issues deteriorated, a war broke out […]
Economy
After contracting in 2022, the economy is growing again as employment remains consistent and consumers keep spending despite inflation concerns. The overall U.S. economy might not be as bound for a recession in 2023 as the mainstream media has warned much of this year. But the freight economy might have to start the new year […]