“As a result of backlogs from border blockades and vaccine mandates, late February and early March load volumes spiked by 20%. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. …Read the full story
“What made March unique is that shippers paid historically high prices to ensure that more of their loads moved under a longer-term contract, reducing their need for trucks on the spot market and causing rates to soften,” said Ken Adamo, DAT’s chief of analytics. Likewise, Truckstop.com saw its largest weekly drop in dry van spot […]
“At Lion, we always strive to provide our customers with an all-in-one solution to electrify their fleets, easing their transition to zero-emission vehicles. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. …Read the full story
Consumer spending on goods will continue to support freight markets, although that will begin to normalize after Omicron, he added. …Read the full story
According to Allison Transmission, a manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles, this uptake could be attributed to fleets finding that automatic transmissions are easier and less costly to maintain, resulting in a lower lifetime cost as well as improved vehicle uptime. Comparatively, a 2015 study by Frost & Sullivan found that […]
The world is marching ever closer to an era of battery-electric commercial vehicles, and a business in Boucherville, Que. Blue Solutions manufactures so-called “solid state” batteries, which unlike lithium-ion batteries are lithium metal polymer designs. “It is very resistant to external temperatures, be it very cold or very hot … and we have no cooling […]
The final week of May had the highest daily average loads in a single week since the beginning of the pandemic, Loadlink reports. …Read the full story
Mignardi is a 30-year veteran of Daimler, having joined in 1988 and has continually been at the forefront of innovation for the sales organization. …Read the full story
“My feeling is, and my model is saying, the progress in bringing unemployment down is going to be slower than what we thought six months ago,” he said, adding unemployment in the U.S. While GDP is close to pre-pandemic levels, the labor market won’t fully recover until the end of 2023, Witte said. Spending on […]
