flatbed

Flatbed market anything but flat

Tariffs spike flatbed tender rejections

Flatbed tender rejection rates spiked just before North American tariffs took effect in early March, and they spiked again in recent days. (Chart: SONAR)

“What’s happening with flatbed rejection rates?” is the question of the hour from SONAR users. It’s easy to see why – rates shot up to the mid-30s in early March, ahead of North American tariffs (which were delayed for imports that adhered to the United States-Mexico-Canada Agreement). Flated rejection...

https://www.freightwaves.com/news/flatbed-market-anything-but-flat

TFI reconoce US LTL ‘desastre’ e integración difícil de Daseke en el cuarto trimestre

Mientras que el tema de la llamada de ganancias del cuarto trimestre de TFI International fue como el del tercer trimestre -Sus operaciones de carga menos que la carga de camión están luchando años después del Adquisición de Freight UPS – El CEO Alain Bedard también dirigió su atención sobre cómo...

https://fullavantenews.com/tfi-reconoce-us-ltl-desastre-e-integracion-dificil-de-daseke-en-el-cuarto-trimestre/?lang=es

TFI acknowledges US LTL ‘disaster’ and difficult Daseke integration in Q4

While the theme of TFI International’s fourth-quarter earnings call was much like that of the third quarter – its U.S. less-than-truckload operations are struggling years after the acquisition of UPS Freight – CEO Alain Bedard also turned his attention to how things are going at another high-profile acquisition: Daseke.

Bedard summed up the overall performance on the call with analysts: “Q4 was a disaster for us,” he said.

But that comment was mostly reflecting on the U.S. LTL operations, the...

https://www.freightwaves.com/news/tfi-acknowledges-us-ltl-disaster-and-difficult-daseke-integration-in-q4

Daseke now part of TFI International as acquisition closes

Flatbed operator Daseke ended its history as an independent trucking company Monday when its acquisition by Canada’s TFI International closed for $1.1 billion.

The acquisition by TFI (NYSE: TFII) was announced Dec. 22. The share price for the acquisition was $8.30, after closing at $4.91 on Dec. 21.

Daseke reported revenue of $1.57 billion in 2023. In 2016, revenue was $651.8 million.

The disappearance of Daseke from the list of publicly traded carriers follows that of such companies as U.S. Xpress

https://www.freightwaves.com/news/daseke-now-part-of-tfi-international-as-acquisition-closes

FreightWaves bolsters SONAR TRAC with more data, flatbed spot rates

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CHATTANOOGA, Tenn. — FreightWaves announced during its F3: Future of Freight Festival on Wednesday...

https://www.freightwaves.com/news/freightwaves-bolsters-sonar-trac-with-more-data-flatbed-spot-rates

Daseke sees weak freight market for rest of 2023

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Daseke Inc. officials said the freight market may have bottomed out in the second quarter, as the...

https://www.freightwaves.com/news/daseke-sees-weak-freight-market-for-rest-of-2023

Flatbed keeps riding post-pandemic wave

Chart of the Week: Outbound Tender Reject Index for dry van, refrigerated, and flatbed – USA SONAR: VOTRI.USA, ROTRI.USA, FOTRI.USA

Flatbed capacity continues to be challenging to source over a year after the truckload market collapsed for dry van and refrigerated freight. Tender rejection rates, the percentage of loads carriers are unable to cover for their customers, have moved below 3% for van (VOTRI) and refrigerated or reefer (ROTRI) loads while flatbed rejection rates jumped back over 17%...

https://www.freightwaves.com/news/flatbed-keeps-riding-post-pandemic-wave

PGT leverages innovation to improve truck driver safety

As the trucking industry enters a new era of innovation and sustainability, carriers are utilizing progressive technology and equipment to revolutionize their operating systems, increase efficiency and reduce carbon emissions.

Fleets have access to more data than ever, applying automated and machine learning (ML) processes to gain unprecedented insight into transportation logistics. New telematics systems provide advanced metrics that allow carriers to optimize load planning, route guidance and...

https://www.freightwaves.com/news/pgt-leverages-innovation-to-improve-truck-driver-safety

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