Small fleets and owner-operators gain market share
In an article published Tuesday, FreightWaves CEO and founder Craig Fuller made a case that the trucking industry is not consolidating anytime soon. The prevailing wisdom following the Motor Carrier Act of 1980 was that there would be rapid consolidation as previously highly regulated unionized trucking companies, operating under the older regulations from the Interstate Commerce Commission (ICC), went bankrupt and...
Yellow stares down the precipice
Negotiations between the Teamsters union and Yellow Corp. remain ongoing, with the fate of the nation’s third-largest LTL carrier hanging in the balance. Yellow is facing stiff resistance from the Teamsters over proposed operational changes that would consolidate operations between purchased regional carriers New Penn and Holland and integrate them into Yellow’s nationwide network.
Regarding the impact to the union, FreightWaves’ T...
https://www.freightwaves.com/news/loaded-and-rolling-yellow-stares-down-the-precipice
To cone or not to cone? Autonomous vehicle makers ask the question
Trucking safety advocates are at odds with corporate-backed attempts at implementing a roadside safety exemption for autonomous trucks. For those unaware, current regulations require drivers to use three emergency reflective triangles, or at least six fusees or three liquid-burning road flares, if they stop on the road for reasons other than traffic.
FreightWaves’ John Gallagher noted earlier in...
The American Transportation Research Institute (ATRI) is asking carriers a series of questions on safety and other concerns in relation to state-level marijuana legalization.
In 2019, ATRI released a study on recreational marijuana laws’ possible effects on the trucking industry. At the time, 11 states had legalized marijuana. Since then, that number has nearly doubled to 20, prompting the new study.
The original study specifically looked at safety issues brought on by an increase in passenger...
https://www.freightwaves.com/news/how-has-state-marijuana-legalization-affected-trucking
On Thursday, according to a news release, BP Products North America Inc., a subsidiary of BP, reached an agreement to purchase TravelCenters of America for $1.3 billion in cash. The purchase of TA is expected to add around 280 travel centers and double BP’s global convenience gross margin.
Regarding the reasons behind the acquisition, the release noted growth opportunities in EV charging, biofuels, renewable natural gas (RNG) and...
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Amid the well-known driver shortage, industry experts have mentioned making specific strides toward recruiting the younger generation, adults 18 to 25, into trucking careers.
A recent American Transportation Research Institute (ATRI) report outlines the best practices for luring and retaining young drivers.
Count Alex Leslie, research analyst with ATRI, as a believer in this newfound prioritization of the recruitment of younger employees.
“We have an aging driver workforce, with the majority of...
A pesar de que el costo del diésel es un tema de interminable preocupación y discusión en el sector del transporte por carretera, una publicación anual de los datos de costos de los informes del Instituto Americano de Investigación del Transporte (ATRI) puede considerarse como una muestra de que el costo total del combustible para los camioneros está fijado por otros factores además del precio en el surtidor.
El ATRI, la rama de investigación de la American Trucking Associations, publicó su...
Even as the cost of diesel is a topic of endless concern and discussion in the trucking sector, an annual release of cost data from the American Transportation Research Institute (ATRI) reports can be seen as showing that that the all-in cost of fuel for truckers is set by factors other than the price at the pump.
ATRI, the research arm of the American Trucking Associations, released its report last week. The report is separate from the driver pay report released by ATA on the same day.
While...
On Wednesday, the American Transportation Research Institute (ATRI) released its annual report on the operational costs of trucking. The report, which has been published annually since 2008, is based on motor carrier financial and operations data from 2021.
Below are some highlights from the report and press release: