Business http://trucker.com/taxonomy/term/7382/more en Freight looking good long term http://trucker.com/business/freight-looking-good-long-term <div class="field-deck"> While tonnage volume slipped in June, the future seems to promise more freight and revenue for trucking, according to long-range analysis. </div> <div class="node-body article-body"><p>Though near-term trucking tonnage dipped in June &ndash; part of a &ldquo;seesaw&rdquo; pattern of freight activity over the last several months &ndash; the long-term outlook for cargoes and revenues holds nothing but promise for the industry.</p> <p>According to analysis by the <a href="http://www.trucking.org">American Trucking Associations</a> (ATA), some 15.18 billion tons of goods are expected to be moved by all modes this year, climbing 36.6% to 20.73 billion tons by 2028.</p></div> <p><a href="http://trucker.com/business/freight-looking-good-long-term" target="_blank">read more</a></p> http://trucker.com/business/freight-looking-good-long-term#comments Business News Thu, 20 Jul 2017 12:25:00 +0000 21511 at http://trucker.com <p>Trucking&#39;s share of freight tonnage is expected to dip to 67.2% by 2028, with pipelines picking up most of the additional market share. (<em>Photo: Sean Kilcarr/American Trucker</em>)</p> Freight conditions stay positive, FTR says http://trucker.com/business/freight-conditions-stay-positive-ftr-says <div class="field-byline"> By American Trucker staff </div> <div class="field-deck"> Research firm’s index indicates truck utilization is nearing 100%, yet ELD mandate remains a “wildcard” where industry capacity is concerned. </div> <div class="node-body article-body"><p>The Trucking Conditions Index (TCI) compiled monthly by research firm <a href="https://ftrintel.com/">FTR Transportation Intelligence</a> remained &ldquo;basically unchanged&rdquo; in May but also indicates that a strengthening spot market indicates that freight conditions for trucking companies are becoming more positive.</p></div> <p><a href="http://trucker.com/business/freight-conditions-stay-positive-ftr-says" target="_blank">read more</a></p> http://trucker.com/business/freight-conditions-stay-positive-ftr-says#comments Business News Wed, 19 Jul 2017 12:22:00 +0000 21501 at http://trucker.com <p>&ldquo;Capacity has already tightened, and the market will tighten further as full ELD implementation occurs,&rdquo; noted John Starks, COO for FTR. (<em>Photo: Sean Kilcarr/American Trucke</em>r)</p> Survey: Out-of-pocket health care costs on the rise http://trucker.com/business/survey-out-pocket-health-care-costs-rise <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> As health care plan deductibles increase, so are the out-of-pocket expenses everyone, even Millennials, must pay. </div> <div class="node-body article-body"><p>Getting a handle on health care costs is becoming a greater struggle for employers and employees alike, especially in trucking, as out-of-pocket expenses are experiencing a jump due to rising health care deductible levels.</p></div> <p><a href="http://trucker.com/business/survey-out-pocket-health-care-costs-rise" target="_blank">read more</a></p> http://trucker.com/business/survey-out-pocket-health-care-costs-rise#comments Business News Tue, 18 Jul 2017 13:29:00 +0000 21481 at http://trucker.com <p>Surprisingly, 4% of those polled said they would not pay an out-of-pocket medical expense at all.</p> Cash Flow Tips for Owner-Operators http://trucker.com/business/cash-flow-tips-owner-operators <div class="field-byline"> By Jeremy Robison, Tetra Capital </div> <div class="field-deck"> The "if" and "when" of customer payment for freight services is critical to cash flow, according to this freight factoring expert. </div> <div class="node-body article-body"><p><em>Jeremy Robison is the president of </em><a href="http://www.tetracapital.com"><em>Tetra Capital</em></a><em>, an independent company offering quick and easy freight bill factoring services to trucking companies of all sizes. He&rsquo;s dealt with a variety of trucking fiscal issues over his career, including equipment financing, equipment purchasing, lease operator programs, driver recruiting, plus payroll and equipment maintenance. He draws from that experience here to provide owner-operators with some cash flow management advice. </em></p></div> <p><a href="http://trucker.com/business/cash-flow-tips-owner-operators" target="_blank">read more</a></p> http://trucker.com/business/cash-flow-tips-owner-operators#comments Business News Tue, 18 Jul 2017 13:03:00 +0000 21471 at http://trucker.com <p>Without predictable money coming in, there is no way you can manage your cash flow. (<em>Photo: Google Sites</em>)</p> New load board service offered for owner-operators http://trucker.com/technology/new-load-board-service-offered-owner-operators <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> DAT Solutions says its new load-posting package focuses on maximizing “rate transparency.” </div> <div class="node-body article-body"><p>DAT&nbsp;TruckersEdge Pro is a new load board service for owner-operators being introduced by <a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__dat.com_&amp;d=DwMGaQ&amp;c=H98lxvesFHsl1ZPcztRg4g&amp;r=ZeLGQ5lkSPTheSUvTYQeSaQ72x8l2LXqQcQysGDOsMM&amp;m=JIZIpjhryeyadcdJbOxQd898mtsh8i1jLIQgWNhq2V8&amp;s=6w5Mxdu7vVECHn6ivIix0SYxEIGsJFEwoeYPauZ-4K8&amp;e=">DAT.com</a>; a service the company said provides access to&nbsp;more than 485,000 load posts per business day and that will show the average lane rate paid by brokers for&nbsp;loads that moved within the past 15 days.</p></div> <p><a href="http://trucker.com/technology/new-load-board-service-offered-owner-operators" target="_blank">read more</a></p> http://trucker.com/technology/new-load-board-service-offered-owner-operators#comments Business News Technology Sun, 16 Jul 2017 22:52:00 +0000 21431 at http://trucker.com <p>DAT said its new TruckersEdge Pro service is available for a $99 monthly subscription. (<em>Photo: Sean Kilcarr/American Trucker</em>)</p> DAT: June caps off a hot stretch for spot freight http://trucker.com/business/dat-june-caps-hot-stretch-spot-freight <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Spot truckload rates hit highest points in nearly two years, with dry van freight postings up 35% in June compared to May. </div> <div class="node-body article-body"><p>Spot truckload freight activity in June rallied to record highs for the number of available loads while rates&nbsp;rose to their highest points in nearly two years, according to the <a href="http://www.dat.com/">DAT North American Freight Index</a>.</p></div> <p><a href="http://trucker.com/business/dat-june-caps-hot-stretch-spot-freight" target="_blank">read more</a></p> http://trucker.com/business/dat-june-caps-hot-stretch-spot-freight#comments Business News Thu, 13 Jul 2017 15:54:00 +0000 21421 at http://trucker.com <p>Year-over-year gains proved more substantial for flatbeds, with spot freight activity climbing 66% in June compared to the same month in 2016. (<em>Photo: Sean Kilcarr/American Trucker</em>)</p> Hello Alvin: A new telehealth network designed for truckers http://trucker.com/business/hello-alvin-new-telehealth-network-designed-truckers <div class="field-deck"> Drivers can leverage the network’s telehealth piece that allows them to speak with a doctor or registered nurse 24/7. </div> <div class="node-body article-body"><p>As an over-the-road truck driver, what happens when you get a sore throat or think you have a sinus infection? Do you stop to find the nearest clinic, or just ignore the symptoms and keep going to make your delivery?</p> <p>What if you could use your mobile device&rsquo;s camera to zoom in to whatever the problem area is and send a picture to a doctor on call who could potentially prescribe an antibiotic at the nearest pharmacy to you? That&rsquo;s what a new healthcare network hopes to provide for long-haul drivers.</p></div> <p><a href="http://trucker.com/business/hello-alvin-new-telehealth-network-designed-truckers" target="_blank">read more</a></p> http://trucker.com/business/hello-alvin-new-telehealth-network-designed-truckers#comments Business News Thu, 13 Jul 2017 15:38:00 +0000 21411 at http://trucker.com <p>Health problems are one of the top reasons the industry loses good, qualified drivers, Hello Alvin&#39;s Joey Truscelli noted. (<em>Photo: Hello Alvin</em>)</p> SRT to raise driver pay, increase vacation time http://trucker.com/business/srt-raise-driver-pay-increase-vacation-time <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Mileage-based drivers get a one-cent-per-mile bump beginning this fall, while those with three years at SRT become eligible for two weeks paid vacation starting in 2018. </div> <div class="node-body article-body"><p>To become more &ldquo;competitive&rdquo; in terms of recruiting and retaining truck drivers, <a href="http://www.southernref.com/">Southern Refrigerated Transport</a> (SRT) is planning to boost its mileage pay-scales this fall, with more paid vacation time on the way as well starting next year.</p> <p>&ldquo;We want to be competitive in the marketplace with our driver pay, and we want to take care of our professional drivers,&rdquo; noted Billy Cartright, SRT&rsquo;s COO and executive vice president, in a statement.</p></div> <p><a href="http://trucker.com/business/srt-raise-driver-pay-increase-vacation-time" target="_blank">read more</a></p> http://trucker.com/business/srt-raise-driver-pay-increase-vacation-time#comments Business News Thu, 13 Jul 2017 11:38:00 +0000 21401 at http://trucker.com <p>Student drivers at SRT will see an increase in weekly wages during training as well starting Oct. 1, the company added. (<em>Photo: SRT</em>)</p> Survey: Big data will be major transportation disrupter http://trucker.com/business/survey-big-data-will-be-major-transportation-disrupter <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Big data and predictive analytics are expected to be the most significant drivers of change in the transportation sector over the next five years, global law firm says. </div> <div class="node-body article-body"><p>A yearly survey conducted by global law firm <a href="http://www.nortonrosefulbright.com/">Norton Rose Fulbright</a> among 196 logistics providers, manufacturers, financiers, and government regulators, among others, founds that 43% of respondents believe big data and predictive analytics will be the most significant driver of change in the transportation industry over the next five years.</p></div> <p><a href="http://trucker.com/business/survey-big-data-will-be-major-transportation-disrupter" target="_blank">read more</a></p> http://trucker.com/business/survey-big-data-will-be-major-transportation-disrupter#comments Business News Wed, 05 Jul 2017 10:18:00 +0000 21281 at http://trucker.com <p>Big data is expected to provide an advantage amidst increasingly &quot;fierce competition&quot; in the transport business.</p> ATA: Driver turnover ticks up but still at low levels http://trucker.com/business/ata-driver-turnover-ticks-still-low-levels <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Trade group thinks increase in turnover rate during the first quarter this year may indicate a “tightening” in the supply of truck drivers. </div> <div class="node-body article-body"><p>According to data tracking by the <a href="http://www.trucking.org/">American Trucking Associations</a> (ATA), the turnover rate for drivers at U.S. TL fleets increased slightly in the first quarter this year while remaining at wat the group called &ldquo;historically low levels.&rdquo;</p> <p>In the first three months of the year, the trade group said the annualized turnover rate at large TL fleets &ndash; those with annual revenues greater than $30 million &ndash; rose three percentage points to 74%.</p></div> <p><a href="http://trucker.com/business/ata-driver-turnover-ticks-still-low-levels" target="_blank">read more</a></p> http://trucker.com/business/ata-driver-turnover-ticks-still-low-levels#comments Business News Tue, 04 Jul 2017 21:17:00 +0000 21271 at http://trucker.com <p>Turnover rates much lower at small TL fleets and LTL carriers, ATA noted. (<em>Photo: Sean Kilcarr/American Trucker</em>)</p>